Multinational corporations such as Apple are using FinTech companies to access previously inaccessible capital in their supply chains. Read more at Harvard Business Review
The Monetary Authority of Singapore proposes a sandbox scheme to better understand and figure out whether new regulations are necessary to support the local FinTech industry. Read more at ZDNet
Seven financial instutions, including BNP Paribas Securities services, announced they would be working together to explore the possibility of a post-trade blockchain system for small and medium sized enterprises in Europe. Read more at Law360
The Financial Stability Oversight Council release their 2016 annual report, flagging FinTech developments as a possible risk to the financial system. Read more at Law360 and also FinancialTimes
Distributed-ledger technology gains traction as seven more banks jumps on board. Read more at Fortune
The reputational risk of blockchain technology was on display with the blockchain-based fund DAO closings its doors following a loss of $55 million from a hacking incident. Read more at The Wall Street Journal Blog
Europe's largest exchanges operator, Deutsche Börse, will begin making new investments using a new venture capital fund targeting FinTech in capital markets. Read more at FinancialTimes
Euroclear, one of the world's largest settlement houses, explores creating a blockchain-based settlement system for the London gold market. Read more at FinancialTimes