02 October 2014

All wholesale banking news

A group of Wall Street firms, led by Goldman Sachs, has acquired instant messaging outfit Perzo and set up a new company to help them break free of their reliance on Bloomberg.

Swift's MyStandards tool is to be made available via Deutsche Bank's Autobahn Apps Market.

Dwolla has raised $9.7 million in a funding round led by exchange operator CME Group in a move that signals the digital payments startup's intentions to move beyond the retail world.

Bank of America Merrill Lynch is tapping the technology behind its P2P payments service to launch a system that lets companies send money directly to customers' accounts using their mobile number or email address.

Non-cash payments volumes are expected to increase by nearly 10% percent to reach 366 billion transactions in 2013, fueled by strong growth in developing markets and mobile payments, according to the 10th annual World Payments Report from Capgemini and Royal Bank of Scotland (RBS).

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FS firms gear up for .bank domains

30 September 2014  |  0

Financial services firms will be able to use '.bank' domains from next year after a collection of industry organisations struck a deal with Icann.

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