630 Results from /wholesale, 2019
/wholesale
Interdealer broker Icap has launched a Digital Asset Markets venture, which will initially operate in the cryptoasset derivatives space
25 June 2019
An IT consultant who hacked into the WiFi network of Australian financial publisher Port Phillip Publishing (PPP) to engage in insider trading has been sentenced to three-years in prison.
The vast customer data troves of the Big Tech firms challenges traditional approaches to competition policy and the maintenance of financial stability, according to the Bank for International Settlements.
24 June 2019
The European Commission is hosting a roundtable in Brussels as part of an ongoing intiative to push the development and availability of cross-border instant payments for European consumers and businesses.
21 June 2019
The UK's financial services industry is facing an "existential skills crisis", says a Government-sponsored report, with graduate recruitment on the wane and existing staff unable to keep pace with dizzying levels of technological change.
The UK Treasury is to conduct a long-term review of the UK's payments landscape and regulatory framework in order to lay the ground work for a new wave of fintech innovation.
Facebook's new digital currency, Libra, could "substantially improve financial inclusion and dramatically lower the costs of domestic and cross border payments," Bank of England governor Mark Carney has said in a speech during which he also revealed the central bank could open up access to its balance sheet to new payment providers.
Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes.
20 June 2019
National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia's technology sector.
Banks would struggle to defend themselves against a state-sponsored cyber attack that corrupted their records over a period of months, according to a Bank of England (BoE) official.
19 June 2019
Payments professionals from across Europe are gathering in Stockholm this week for EBAday 2019, hosted by the Euro Banking Association and Finextra. We're liveblogging events here.
Jobs in the UK's fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.
18 June 2019
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