Banks Team Up with IBM to Build Blockchain Based Trade Finance System

The Bank of Montreal, Caixabank, Erste Bank and Commerzbank join the Batavia blockchain project; the project was launched by UBS and IBM last year; Batavia looks to transform the trade finance industry; Marie Wieck, general manager of the blockchain team at IBM, tells the FT, “there is now a shift from technology projects to more of what I’d call ecosystem projects like this one.” Source.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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