BankThink

It's tougher for women-led technology companies to raise money from venture capitalistsÂ--or any investorÂ--than it is for men. But the challenge is deeper than overt sexism.

Receiving Wide Coverage ...

Acid test: The Depository Trust and Clearing Corp., the world's main data repository for credit derivatives deals, is moving its database to the blockchain, "the first big test case for whether the emerging technology can be employed across the finance industry," the Financial Times said. The DTCC, which processes more than $1.5 trillion of securities a year, will use technology from IBM and blockchain start-ups R3 and Axoni. Work on the project...

The dominance of the sector by the Big Four accounting firms poses its own systemic-risk concerns and prompts questions about how other mega-companies are audited.

The new year will ring in developments in the ways banks use chatbots and other artificial intelligence, arrange their organizational charts, and produce digital products and services.

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Corzine settles: Former New Jersey governor and Goldman Sachs CEO Jon Corzine agreed to pay $5 million to settle Commodity Futures Trading Commission charges related to his role in the 2011 collapse of commodities brokerage MF Global Holdings, which Corzine headed. Under the terms of the deal, Corzine must pay the penalty out of his own pocket, not from insurance proceeds, "an unusual step that highlighted that the case was a high...