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Societe Generale

EuropeFintechUSA
·Jul. 1, 2020

More News for July 1, 2020

Acorns Targets Babies With New Custodial Account Capital raises $9M for its AI-based ‘capital as a service’ funding platform for...
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Asia/PacEuropeFintechNews RoundupUSA
·Apr. 24, 2019

Announcements & Releases for April 24, 2019

CFPB to give more information to firms under investigation The head of Credit Suisse’s blockchain efforts said culture is the...
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FintechUSA
·Jun. 17, 2020

Robinhood Narrative Not Quite What is Seems

There has recently been a trending story amongst traders that Robinhood investors are the reason the markets have rebounded so...
Read Full Story
FintechNews Roundup
·Feb. 28, 2017

Blockchain Prototype Tests Oil Trade

ING and Société Générale Corporate & Investment Banking presented a blockchain test prototype for oil trading at IP Week in London; the platform they have developed is called Easy Trading Connect and the prototype tested a live oil trade by global commodity trading group, Mercuria; the blockchain test proved significant advantages in speed, cost and risk benefits; overall the test found blockchain helpful in improving trading inefficiencies, specifically the exchange of physical documents globally; it also helped to reduce the bank's transaction time in the trading process to 25 minutes from three hours.  Source

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