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Our 3 favorite startups from Morgan Stanley’s 2nd Multicultural Innovation Lab Demo Day  – TechCrunch

Our 3 favorite startups from Morgan Stanley’s 2nd Multicultural Innovation Lab Demo Day  – TechCrunch The Morgan Stanley Multicultural Innovation Lab, Morgan Stanley’s in-house accelerator focused on companies founded by multicultural and female entrepreneurs, hosted its second Annual Showcase and Demo Day.  The event also featured companies from accelerators HearstLab, Newark Venture Partner …

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Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’ “Can we stop talking about my bad brother?” That’s how Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain group, describes the conversations she often has these days with executives and board members of client companies. Pawczuk’s team is squarely …

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Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances

Malaysian Banking Group CIMB Taps Ripple for Blockchain Remittances Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments. A strategic partnership between the firms addresses the need for “speedy and cost-efficient international payments” across the ASEAN (Association of Southeast Asian Nations) region, Ripple said Wednesday. Specifically, …

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Singapore’s Central Bank, SGX Develop Blockchain Settlement System

Singapore’s Central Bank, SGX Develop Blockchain Settlement System The Monetary Authority of Singapore (MAS) and the country’s stock exchange, Singapore Exchange (SGX), have developed a settlement system for tokenized assets that can work across different blockchains. Announced by the nation’s Ministry of Communications and Information in a press release on …

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Canadian Bank Opens Deposit Box for Cryptocurrency Firms

Canadian Bank Opens Deposit Box for Cryptocurrency Firms A Canadian bank says its digital safety deposit box is ready for prime time. VersaBank announced Thursday that its new VersaVault project had successfully completed beta testing. The digital-only bank plans to offer the virtual lockbox to cryptocurrency exchanges and crypto investment …

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Electric flying taxi service Lilium poaches key hires from Audi, Airbus – TechCrunch

Electric flying taxi service Lilium poaches key hires from Audi, Airbus – TechCrunch Lilium, the developer of a new, electric, vertical take-off and landing vehicle for a novel flying taxi service, has poached some pretty big former executives from Airbus and Audi as it builds out its technology and gets …

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Guardian Circle upgrades with a decentralized alert network – TechCrunch

Guardian Circle upgrades with a decentralized alert network – TechCrunch Chris Hays and Mark Jeffrey wanted to create a way for everyone to be able to tell their loved ones if they were in trouble. Their first product, GuardianCircle did just that, netting a mention in a few years ago. …

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BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain Spanish banking giant BBVA has completed a pilot that put a syndicated loan for $150 million on the blockchain. According to a report from the Financial Times on Wednesday, the bank arranged the loan for Red Electrica, Spain’s national electrical grid …

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15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing

15 Banks Join DTCC Post-Trade Blockchain as Project Enters Testing The Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before taking the tech live.  Announced today, U.K.-based Barclays is among the global banks …

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