21 September 2014

All wholesale banking news

Swift has given a strongly worded response to a European Parliament resolution calling on the EU to consider expelling Russia from the financial messaging network.

Finextra logo

Finextra expands into North America

19 September 2014  |  0

Just as fintech steps from the shadows into the mainstream, Finextra is establishing a local North American editorial presence.

Fintech developers, designers and entrepreneurs are being invited to gather in London next month for a 54-hour hackathon that could see them win help from industry heavyweights to develop their ideas.

Cross-border payments network Earthport has raised £26.6 million through the placing of 65 million shares with a mix of new and existing institutional investors.

Hong kong modern building

Hong Kong signs for Swift RTGS backup system

18 September 2014  |  1

Hong Kong Interbank Clearing Limited (HKICL) has signed up to deploy Swift's new Market Infrastructure Resiliency Service (MIRS), which provides a backup to the territory's real time gross settlement (RTGS) system in the event of a catastrophic breakdown.

Westpac branch

Westpac launches innovation challenge

18 September 2014  |  0

Westpac has teamed up with venture technology accelerator BlueChilli to challenge Australia's startups to develop ways to help the bank's business customers.

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