Latest Wholesale banking News: Finextra Research

FinLeap aims to create hit factory for fintech startups

The financial technology world is to get its first 'startup factory' with the launch by incubation platform HitFox Group of FinLeap in Berlin and San Francisco.

01 December 2014

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Route 66: 'The six things fintech investors are looking for'

Investment firm Route 66 Ventures says that fintech entrepreneurs seeking funding for fresh innovations in banking should focus their efforts on the development of crypto-business models, asset management, alternative lending, and bank API, mobile payments and digital channels.

28 November 2014

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Johnson flies the flag for London's fintech sector

London has cemented its position as a world leader in financial technology, with companies in the capital attracting more than US$539 million in venture capital investment so far this year – triple the amount raised in 2013 and more than half of all fintech investment across Europe.

28 November 2014

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Neptune bids to FIX liquidity shortage in bond trading

The FIX trading community has agreed a set of best practices for use of the messaging protocol for the exchange of pre-trade information in the bond market, as banks and asset managers work together to overcome a liquidity shortage in fixed income trading.

25 November 2014

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NAB decommissions 37 legacy servers as it deploys new credit risk engine

NAB has decommissioned 37 legacy servers that supported its old credit risk engine, following the successful roll-out of a new analytics layer as part of the Australian bank’s NextGen programme.

25 November 2014

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Bank of England appoints Deloitte to probe Chaps breakdown

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

24 November 2014

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Goldman takes stake in data analytics platform Kensho

Goldman Sachs has led a $15 million investment round in Kensho, a startup that is seeking to supplant human equity analysts with intelligent big data mining bots.

24 November 2014

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HSBC rolls out Paym for business customers

HSBC business customers can now take payments using just a mobile phone number, as the UK bank rolls out the Paym service for Business Internet Banking subscribers.

21 November 2014

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Fintech angel network gears up for launch

Susanne Chisti, a former global project manager at Deutsche Bank, is to launch a new angel network focused solely on opportunities in the fintech sector.

21 November 2014

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SEC strengthens exchange technology rules

The Securities and Exchange Commission has approved new rules designed to strengthen the US market's technology infrastructure, which has frequently buckled under increasing strain in recent years.

19 November 2014

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Fidelity takes portfolios into virtual reality with Oculus Rift app

US financial services giant Fidelity Investments has built an application for the Oculus Rift virtual reality headset that lets investors visualise their portfolio as a 3D city.

19 November 2014

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Silicon Valley Bank to take students on tech trek

Silicon Valley Bank is to take 18 of the nation's top university students on a three-day tour of the Californian tech hotspot, where they will be introduced to a 'who's who' of influential investors and entrepreneurs.

19 November 2014

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