Calypso, a fintech firm that develops software for capital markets, has struck a deal with blockchain consortium R3 to develop applications on its Corda platform; Corda is a distributed ledger platform for managing financial contracts which will be released later this week; Calypso will first build a trade confirmation app to function on Corda; according to Calypso CEO Pascal Xatart, "Our current matching solution is only the beginning." Source
Cambr was created as a banking-as-a-service partnership between Q2 and Stonecastle but Q2 has decided to end this partnership; Q2...
Cambridge Bancorp in Massachusetts formed an innovation group in 2016 and is now positioned to compete against bigger banks; head of the innovation Group Scott Chamberlin tells American Banker, “We spent a couple years proving … we could win business externally and, more importantly, internally from a credit standpoint. We’ve proven that out. This is year we start to add scale.”; the bank is looking to be an alternative to the likes of Silicon Valley Bank and Square 1; they see a differentiating characteristic being their local reputation and that they are in it for the long haul. Source.
Cambridge Blockchain provides enterprise software technology for regulatory transparency and privacy; the firm has raised $2 million through a convertible note; plans to accelerate sales to financial institutions seeking blockchain solutions for managing anti-money-laundering, know-your-customer and other regulatory initiatives. Source
The Cambridge Center for Alternative Finance released their 3rd annual European Alternative Finance Industry Benchmarking Report showing the market grew by 41 percent in 2016; the report uses 344 financing platforms across 45 European countries; the UK’s market share dropped from 81 percent to 73 percent and the rest of Europe grew by 101 percent; consumer lending led the way with 34 percent, followed by business, invoice trading, equity crowdfunding and rewards crowdfunding; institutional funding comprised 45 percent of consumer lending and 29 percent of business lending. Source.
The Cambridge Centre for Alternative Finance, a leading research/academic group (that has spoken at LendIt events), has announced a new study focused on the global use of blockchain technology; the first targeted research will address crypto-currency protections versus recent cases of data/currency theft; upcoming surveys will touch on blockchain protocol variations, currency mining, cross-border transactions and emerging regulation. Source
The Cambridge Centre for Alternative Finance is a leading provider of research and reports on fintech across the globe; their...
Cambridge announced a joint research effort between the Cambridge Center for Alternative Finance and 16 private sector leaders.
Cambridge announced a joint research effort between the Cambridge Center for Alternative Finance and 16 private sector leaders.
Blockchain Week New York, headlined by the Consensus 2018 conference, has wrapped up. There was more blockchain and cryptocurrency hype...