BNP Paribas and Morgan Stanley, two major global banks, joined EurexOTC Clear for Interest Rate Swaps (IRS), Eurex Clearing's central counterparty service for OTC derivatives, increasing the total number of clearing members to 32.
Fexco, the global financial services group, today announces that it has completed the acquisition and subsequent funding of mobile payments and loyalty start-up, FLASHiZ, in partnership with BNP Paribas Personal Finance.
BNP Paribas, La Banque Postale and Société Générale launch Paylib, a new payment solution on the internet and mobile, user friendly, seamless and secure.
BNP Paribas, Société Générale and La Banque Postale have joined forces to launch a PayPal-style online payment system called Paylib.
Wind and BNL BNP Paribas Group, in collaboration with SIA and MasterCard, announce the start of a trial of NFC technology (Near Field Communication), which allows to make purchases in contactless mode via Samsung smartphone, with a Classic Credit Card issued by BNL on the MasterCard circuit and virtualized on a NFC SIM provided by Gemalto.
Goldman Sachs has sold a majority stake in its Redi fintech unit to a consortium of major finance players. Financial terms of the deal were not disclosed.
Swift, the financial messaging provider for more than 10,000 financial institutions and corporations in 212 countries and territories, announced today that BNP Paribas will use Swift's Value Added Network (VAN) solution to connect to T2S.
EC regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit breached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.
BNP Paribas Securities Services (BNP Paribas), a global custodian with over USD 7 trillion assets under custody, boosts its collateral management solution by launching Collateral Access, a fully integrated and comprehensive offering to cater for both buy-side and sell-side clients.
Against a backdrop of an uncertain and ever changing market environment, there is a serious need for more transparency. Asset managers and institutional investors are therefore increasingly looking for ways to better measure risk and analyse performance.
© Finextra Research 2014