A TCS BaNCS official details a case study that helped it win the Best Blockchain Breakthrough of the Year award for 2019. (Editor’s note: TCS BaNCS won the 2019 Best Blockchain Breakthrough of the Year award for its Quartz Blockchain solution set, which consists of four product lines: Smart Solutions, the DevKit, Gateway and Command Center. FTF News got time with R. Vivekanand, vice-president and co-head for TCS Financial Solutions at Tata Consultancy Services. For his role, Vivekanand...

Maria T. Vullo, the former Superintendent of the New York State Department of Financial Services (DFS), is the regulator-in-residence for the FinTech Innovation Lab New York and she will provide strategic counseling and mentorship to the companies in the lab. The lab, founded by Accenture and the Partnership Fund for New York City in 2010, focuses on early- and growth-stage enterprise technology companies in order to help them “accelerate product and business development through in-depth...

Capital Institutional Services has acquired the Atlanta, Ga.-based broker/dealer to boost its presence in the bank and trust services space. Capital Institutional Services, Inc. (CAPIS), an institutional securities broker/dealer, has completed its acquisition of Financial Technology Securities in a bid to strengthen CAPIS’s present in the bank and trust services space. The acquisition of FinTech Securities from Innovest Systems took effect Jan. 2, 2019, making the Atlanta, Ga.-based...

In a follow-up Q&A after our recent video chat, Horacio Barakat, vice president of corporate strategy at Broadridge Financial Solutions, offers more details about the company’s plans to capitalize upon a major disruptive technology. The vendor won Best Blockchain Initiative of the Year via the FTF News Technology Innovation Awards. (Horacio Barakat, vice president of corporate strategy at Broadridge Financial Solutions, already acknowledges in a recent FTF Awards video. that the company has...

A new Greenwich Associates research report finds financial services firms are hiring and the industry will spend $1.7 billion to get on the blockchain bus. Financial services firms are bolstering their staffs and increasing their budgets to get on the blockchain bus, but the development process has been harder than expected, according to a new report from market research firm Greenwich Associates. “The financial services industry is spending about $1.7 billion per year on blockchain, as banks...