Latest Wholesale banking News: Finextra Research

BBVA invites fintech startups to compete for $100,000 investment prize

Applications are now open for BBVA's Open Talent startup competition, with the overall winner scooping a $100,000 investment from the Spanish bank's Venture Creation Partnership with Anthemis.

24 May 2019

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EBAday 2019 to set the agenda for European payments industry

A host of board directors, chief financial officers and payments and technology heads from Europe's leading banks have confirmed their participation in the conference programme for the fourteenth annual EBAday, taking place this year in Stockholm between the 18th and 19th June.

24 May 2019

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Standard Chartered rolls out Trade AI Engine

Standard Chartered has teamed up with IBM to launch an "augmented intelligence' engine for trade document processing.

23 May 2019

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Circle lays off 30 staff due to regulatory uncertainty

Cryptocurrency firm Circle has laid off ten percent of its staff, blaming the tough regulatory climate in the US.

23 May 2019

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HSBC opens London and Toronto data and innovation labs

HSBC has opened two data and innovation labs - in London and Toronto - that will house specialists in areas such as analytics and robotics working on products and services for the bank's global banking and markets (GBM) unit.

23 May 2019

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Up to a fifth of capital markets jobs at risk from automation

Four hundred thousand capital markets jobs could disappear over the next decade as advances in artificial intelligence and technology decimate the workforce, according to forecasts by consultancy Opimas.

22 May 2019

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Indian securities body proposes innovation sandbox

The Securities and Exchange Board of India (Sebi) has published a framework for an innovation sandbox which would enable non-regulated firms to tap market data feeds to test new product ideas.

22 May 2019

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HSBC taps AI to simplify procurement process

HSBC has signed on to use Globality's artificial intelligence-based platform for sourcing and procurement of services.

21 May 2019

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HSBC invests in DevOps outfit CloudBees

Banking giant HSBC has invested $10 million in CloudBees, a US software delivery management system provider.

21 May 2019

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Swift to test real-time cross border payments in Europe

Banks from France, Germany, Italy, Luxembourg, Russia and Spain have joined with Swift to test real-time gpi cross-border payments through the Eurosystem’s Target Instant Payment Settlement (Tips).

21 May 2019

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OpenFin names former Goldman Sachs MD Tim Dinsdale as European CTO

Fresh from a $17 million fundraising round, capital markets apps platform OpenFin has appointed former Goldman Sachs MD, Tim Dinsdale, as European chief technology officer.

21 May 2019

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Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

20 May 2019

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