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SEC Rewards Whistleblower with $22 Million

September 7, 2016 by Eugene Grygo

SEC Awards a Total of $107 Million to Whistleblowers The SEC has given a whistleblower “more than $22 million” for a “detailed tip and extensive assistance” that allowed the regulator to halt “a well-hidden fraud at the company where the whistleblower worked,” according to officials. “The $22 million-plus award is the second-largest total the SEC… Read More >>

Filed Under: Securities Operations, Ops Automation, Reconciliation & Exceptions, Settlement, FinTech Trends, Back-Office, Blockchain/DLT, AML/Fraud/Financial Crime, Regulation & Compliance Tagged With: Algorithmic Traders Association (ATA), blockchain, CACEIS, clearing, distributed ledger technology (DLT), ED&F Man Capital Markets, Financial Crime, Global FinTech Hubs Federation (GFHF), Hyperledger project, Innotribe, Mainfirst Bank, SEC, settlement, SWIFT, TIAA, whistleblower, Whistleblower Program

SWIFT Gets on the Blockchain Proof-of-Concept Bus

April 21, 2016 by Eugene Grygo

Financial messaging and services cooperative SWIFT is providing more details about its R&D efforts, including proof of concept efforts, for blockchain/distributed ledger technology (DLT) in a white paper it just completed with global consultancy Accenture The two have combined efforts for a position paper, “SWIFT on Distributed Ledger Technologies: Delivering an Industry Standard Platform through… Read More >>

Filed Under: Securities Operations, Data Management, Industry News, Settlement, General Interest, Governance, FinTech Trends, Blockchain/DLT, Standards, Regulation & Compliance, Cybersecurity, Industry News Tagged With: Accenture, blockchain, Blockchain distributed ledger technology, compliance, cyber defense, data controls, David Treat, DLT Solutions, Fabian Vandenreydt, financial messaging, governance, Innotribe, ISO 20022, Linux Foundation, regulatory requirements, scalabilty, standardization, SWIFT

SWIFT’s Innotribe Crowns Hyperledger

October 15, 2015 by Eugene Grygo

At the Sibos conference in Singapore, SWIFT’s fintech innovation division Innotribe has named newcomer Hyperledger as the winner of the 2015 Innotribe Startup Challenge, giving the vendor exposure and a $50,000 cash prize. On its website, Hyperledger says it “uses revolutionary shared, replicated ledgers technology to provide a trustful, universal record of truth not controlled… Read More >>

Filed Under: Securities Operations, Reconciliation & Exceptions, Risk Management, Settlement, FinTech Trends, KYC, Regulation & Compliance Tagged With: Banco Santander, Blockchain technology, Daniel O’Prey, Hyperledger, Innotribe, KYC registry, Sibos, startup, SWIFT

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