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Latest Results from /wholesale

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Less than a third of crypto companies fully understand MiCA sustainability reporting obligations

Zumo, the B2B digital assets platform, today launches a new survey report exploring the preparedness of Crypto-Asset Service Providers (CASPs) for the EU’s incoming Markets in Crypto-Assets (MiCA) regulation, with a particular focus on sustainability requirements.

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UK chancellor looks to financial services sector to help grow the economy

The financial services sector is set to play a key role in designing the first ever Financial Services Growth and Competitiveness Strategy.

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Farier Finance introduces new product ratings for business bank accounts

Fairer Finance, the independent consumer group and ratings provider, has launched new product ratings for business bank accounts, expanding its reach to include ratings for over 30 product types across insurance, banking, and credit products.

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Barclays research estimates that AI could drive US data centre usage to triple by 2030

Barclays Research today released a new Impact Series report, entitled “AI revolution: Meeting massive AI infrastructure demands.”

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FCA crreates 100 more jobs in Leeds office

The Financial Conduct Authority (FCA) has today opened further floor space at its existing base at 6 Queen Street, increasing it by an additional 5,000 square feet.

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Ripple funds blockchain research centre at Trinity College Dublin

The ADAPT Centre at Trinity College Dublin is partnering with the leading provider of digital asset infrastructure for financial institutions Ripple, to establish the Ripple Blockchain Collaboratory, a new initiative that will focus on advancing research into blockchain, cryptocurrency, cybersecurity, and FinTech.

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Waza unveils multi-currency business account

Waza, a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.

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Tuscan rebrands to Allica Bank

Following its acquisition by Allica in August last year, bridging lender Tuscan Capital has today announced it has been fully integrated into the Allica Bank brand.

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Digital Currency Group to pay $38m to settle SEC charges

The Securities and Exchange Commission today announced that Digital Currency Group Inc. (DCG), and Soichoro “Michael” Moro, the former CEO of DCG’s now-defunct subsidiary, Genesis Global Capital LLC, will pay a combined $38.5 million in civil penalties to settle charges for misleading investors about Genesis’s financial condition.

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Instabase raises $100m

Instabase, a leading applied artificial intelligence (AI) solution for unstructured data, today announced its $100 Million Series D. This latest round was led by QIA, with participation from existing investors Greylock Partners, NEA, Andreessen Horowitz, and Index Ventures.

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FactSet launches AI-powered Pitch Creator

FactSet, a global financial digital platform and enterprise solutions provider, today announced the launch of Pitch Creator, a groundbreaking GenAI-powered solution designed to revolutionize pitchbook creation for investment banks.

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Profile unveils AI-driven Dora compliance tech

Profile, a leading global financial solutions provider, announces the development and release of a cutting-edge solution within its AI.Adaptive platform.