
Tech Briefs
TECHNOLOGY NEWS
MICROSOFT SURVEY SAYS UK FINANCIAL INSTITUTIONS SEE NEED FOR B2B
LONDON--More than 63% of financial institutions in the UK say business-to-business (B2B) initiatives are the only means of surviving in the financial services sector. So says a joint MORI/Cranfield School of Management survey commissioned by US software company Microsoft that was published last week.
The survey also revealed that only 4% of B2B transactions in the UK are currently web-based.
Respondents said the most tangible benefit
More on Technology
ECB and BoJ point to major problem in DLT-based payments
Project Stella report says central source of information could create single point of failure
Asia keener to adopt mobile FX trading – BidFX
Fintech firm updates mobile app to offer more features; security concerns represent major development challenges
Brainard: US must review payments system oversight
Big tech’s currency plans could weaken payments oversight – senior Fed official
Cambodia’s blockchain payment network will go live in early 2020
Bakong could be linked with other Asean countries as cross-border transfers are part of project’s next phase
Baton rounds out funding with $4m Illuminate investment
DLT firm plans Asia expansion due to demand for delivery of assets in Asian and non-CLS settled currencies
Nomura advances AI trading platform for FX and fixed income
Over the next year the bank will converge its trading desk infrastructure to create a cross-asset class system
Emerging market central banks keener to issue CBDCs – BIS
BIS survey shows central banks shifting emphasis from wholesale to retail CBDCs
StanChart’s e-FX trading engine goes live in Singapore
Trade latency has been cut by more than 80%, Standard Chartered says