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Latest Results from /wholesale

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Deutsche Bank joins with Yonyou to support Chinese enterprises going global

Deutsche Bank and Yonyou have signed a strategic MOU to empower Chinese enterprises with innovative digital financial solutions and support their global expansion.

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Databricks seals $15 billion in financing to attract top AI talent and accelerate global expansion

Databricks, the Data and AI company, today announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors including Temasek and entities administered by Macquarie Capital, participated in the funding round, which values the company at $62 billion.

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Sygnum adds SocGen stablecoin EURCV to B2B platform

Sygnum, a global digital asset banking group who recently announced its expanded EU market entry, is further enhancing its B2B platform offering via a collaboration with Societe Generale-FORGE, the digital asset subsidiary of one of Europe’s largest financial services groups, Société Générale.

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Banks are missing out on potential $50 billion in efficiency gains in risk and compliance functions

Between $25 billion and $50 billion in potential efficiency gains can be realized through targeted enhancements in banks' Risk and Compliance functions alone without compromising effectiveness, according to a report released by Nasdaq and Boston Consulting Group (BCG).

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Caseware acquires Extractly.ai

Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai, the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams.

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Finmid expands SME ffinancing platform to 20 countries

finmid, the financial infrastructure innovator enabling B2B platforms to quickly provide fast, personalised financing to small and medium-sized businesses (SMEs), today announced its expansion into eight new European markets.

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Spend optimization platform Vertice raises $50 million

Vertice, the spend optimization platform, today announced $50 million in Series C funding led by Lakestar.

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Goldman Sachs creates capital Solutions Group

The Goldman Sachs Group, Inc. (NYSE:GS) today announced several actions to better serve corporate and investor clients and grow its business in private credit, private equity and other asset classes.

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Fed withdrawws from central bank network for greening the financial system

The Federal Reserve Board on Friday announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS).

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Thought Machine to implement Omnea procurement platform

Omnea, the procurement orchestration platform, today announces a new partnership with Thought Machine, the cloud-native banking technology company.

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De Volksbank renews Ohpen core banking contract

Ohpen, the SaaS core banking platform for financial institutions and specialist in executing investments operations (BPO) that wants to serve customers better, today announces that it has signed a multi-year BPO partnership renewal with Dutch retail bank, de Volksbank.

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Barclays joins Fintech Wales

Barclays has become the latest organisation to partner with FinTech Wales, the independent membership association dedicated to supporting the FinTech and Financial Services industry in Wales.