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630 Results from /wholesale, 2019

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YES Bank brings blockchain efficiency to Indian corporate debt market

India's YES bank has completed a successful issuance of corporate debt using blockchain built by Monetago on R3’s Corda.

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Visa invests in crypto custodian Anchorage

Digital asset custody services provider Anchorage has raised $40 million in a Series funding round led by Blockchain Ventures and joined by Visa and Andreessen Horowitz.

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NAB leads $10 million round in Digital Shadows

Information security outfit Digital Shadows has scooped $10 million in a funding round led by NAB Ventures, the fintech investment arm of existing customer National Australia Bank.

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Pico to acquire financial analytics firm Corvil

US-based financial infrastructure company Pico has reached an agreement to acquire Irish data analytics vendor Corvil.

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Investment tech startup Jacobi raises A$11m

Australian investment technology platform Jacobi is targeting the UK after securing $11 million in funding from a group of Silicon Valley VCs.

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Deutsche Bank to spend €13bn on tech amid massive job cuts

Deutsche Bank has announced swingeing job cuts as part of a radical overhaul of its operations that will also see it spend €13bn on new technology over the next four years.

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Nordic banks get EC green light for shared KYC platform

A group of six top Nordic banks is forging ahead with plans to set up a joint platform for handling Know Your Customer (KYC) data.

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Wells Fargo's Irish arm fined for regulatory breaches

The Irish central bank has issued a record fine to Wells Fargo for reporting failures by its Irish subsidiary, citing the bank's weak IT systems.

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FCA suggests ban on crypto derivatives

The UK's financial services watchdog is proposing a ban on cryptocurrency derivatives for retail investors in order to prevent them incurring large losses in financial instruments they do not understand.

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BBVA and Spain's National Research Council form quantum pact

BBVA and the Spanish National Research Council (CSIC) have set up a joint team of researchers that will work together on the design and testing of quantum algorithms applied to financial use cases.

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NatWest rolls out digital working capital product

British bank NatWest is piloting a digital working capital product that offers a credit limit based on business customers' unpaid invoices.

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Disruptor in chief Lagarde tapped for top ECB role

The imminent arrival of IMF managing director Christine Lagarde as the new president of the European Central Bank may harbour a greater role for central bank-backed digital currencies in managing the retreat from cash in developed economies.