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630 Results from /wholesale, 2019

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UK challenger Recognise signs for nCino cloud package

Recognise Financial Services, the latest challenger brand taking aim at the SME sector in the UK, has contracted with core bank provider nCino for delivery of its cloud-based Bank Operating System, as it gears up for launch in 2020.

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Deutsche Bank bids to simplify tech operations with new division

Deutsche Bank has created a central technology division that will oversee tech security, data and innovation functions.

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New fintech envoy appointed for Northern Ireland

A top executive of a data analytics company has been hired as the UK government's new fintech envoy for Northern Ireland

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Ten Thai banks to trial biometrics

Thailand's central bank is set to launch a test-use of biometric technology and has announced that ten institutions will participate.

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HSBC to cut 10,000 jobs - FT

More than 10,000 jobs could be lost at HSBC as the global bank embarks on a cost-cutting exercise, according to a report in the Financial Times (FT).

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Investment Association to open Birmingham fintech hub

The UK's Investment Association is offering ten fintech firms free co-working space at a newly-established Fintech Hub, set to open in Birmingham next year.

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Stocks and Scares: Financial jargon brings Brits out in a sweat

Financial terminology such as ‘stockbroker’, ‘pension’ and ‘FTSE’ causes a biological stress reaction - such as sweating and increased heart rate - in humans, a Barclays-backed study has found.

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Bank jobs to be decimated by new technology

Analysts at Wells Fargo are forecasting that up to ten percent of bank jobs in the US will be wiped out by ongoing technological progress in the next ten years.

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Ripple launches XRP developer platform

Ripple has launched a developer platform to help third parties build new products using its private cryoptocurrency XRP.

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Crypto exchanges form digital asset ratings agency

A group of cryptocurrency exchanges have banded together to create the Crypto Currency Council, aiming to bring some much-needed clarity to the regulatory rules surrounding the trading of digital assets.

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Venezuela turns to crypto payments

As it battles an imploding economy and global sanctions, Venezuela's government is planning to use cryptocurrencies as a "method for free national and international payments," according to President Nicolas Maduro.

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NatWest taps AI to simulate future market outcomes

UK bank NatWest is teaming up with Microsoft and AI specialist DreamQuark to simulate financial markets, transport networks and other environments and then use the information to spot risks and opportunities.