Baton Systems wins Best Payment and Settlement Provider of the Year From Central Banking: This year marks our second annual Fintech & Regtech Global Awards, which were launched to recognise technological excellence in the field of central banking and among the...
From VentureBeat: Baton Systems, a three-year-old Fremont, California-based provider of bank-to-bank payments infrastructure modeled on blockchain technology, today announced that it’s raised $12 million in series A funding from Trinity Ventures, with participation...
With a payment solution that supports more than a billion events a day, Baton Systems has attracted multiple banks and central counter-parties to its platform, which settles $12 billion daily. Now it plans to branch out into interbank trades, foreign exchange prime...
Risk Live: Common standards for trade reporting should be mandatory, argues senior industry representative. Financial authorities should force markets to adopt a single format for transaction reporting, a senior figure at the International Swaps and Derivatives...
HSBC is looking into ways it can use machine-learning applications of artificial intelligence (AI) to unearth patterns in payments and invoice data supporting clients’ commercial activities to enhance its corporate servicing model for foreign exchange transactions....
The lack of a unified approach to circuit breakers in the FX market is said to be reinforcing loyalty to OTC trading and stifling enthusiasm for exchange-based activity, despite the protections such mechanisms can offer. Read more…
