Transferring money across borders through traditional correspondent banking networks can be time consuming and expensive for both business and consumers. Chris Larsen, CEO of Ripple Labs, believes he has the solution in Ripple, his open-source payment and currency exchange system, which can integrate with banks’ existing networks.
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Licensing intellectual property has traditionally been inefficient, opaque, expensive and inclined to legal action, but the chief executive of Intellectual Property Exchange International believes he has the answer.
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Largely thanks to its innovative new solution for on- and off-exchange reporting, pan-European exchange BATS Chi-X Europe has seen its market share balloon in recent months. But, aware of the dangers of complacency, chief operating officer David Howson says that the firm is just as focused on further innovation as on growth.
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Euclid Opportunities has been created to fund and nurture financial technology start-ups, specifically those creating new tools and platforms in the post-trade space. The hope is, according to managing director Steve Gibson, that this growing portfolio of innovative companies will play a crucial part in the future financial technology environment.
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