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630 Results from /wholesale, 2019

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"AI is the new electricity" - TSB's Janet Adams frames the debate at Finextra conference

Finextra welcomed over 200 attendees to NextGen Banking London, the one-day event that focused on how developments in AI have become a business-critical consideration for traditional banks.

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Internal innovators at SocGen incubate thirty startups

Societe Generale is to support the development of up to 30 startups that have emerged from an internal intrapreneurship programme that kicked off in 2017.

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Deutsche Bank warns ISO 20022 migration not just another IT project

The migration to ISO 20022 offers a major opportunity for banks and corporates, but it is not simply "another IT project" and will require CEO commitment and allocation of appropriate budgets, according to a Deutsche Bank guide.

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ECB paper warns of regulatory arbitrage on crypto-assets

While crypto-assets do not currently pose a threat to the euro area's financial stability, a disjointed approach at the national level could trigger regulatory arbitrage and hamper the resilience of the region's financial system, says an ECB paper.

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JPMorgan Chase buys healthcare payments firm InstaMed

JPMorgan Chase is buying US healthcare payments specialist InstaMed in a deal reported to be worth more than $500 million.

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Swedbank to take over Barclays Rise in Lithuania

Swedbank is to take over Barclays financial technology centre, Rise Vilnius, following the UK bank's decision to shutter its operations in Lithuania.

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ABN Amro to launch blockchain and IoT platform for trade inventories

ABN Amro is looking to launch a blockchain platform for the commodities industry that uses the Internet of Things to communicate directly with physical trade inventories.

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Tokyo opens 'Fintech Business Camp' for foreign startups

The Tokyo Metropolitan Government is inviting applications from foreign fintech startups to join an accelerator programme which will provide them with unrivalled access to leading companies in Japan's financial sector.

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BNP Paribas rolls out hologram projection technology

BNP is to offer clients the opportunity to chat with a holographic projection of members of its real estate, corporate and institutional banking and wealth management teams.

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Top banks to spend £50 million on digital coin project - Reuters

Several of the world's largest banks are plotting a £50 million investment in a new digital cash settlement system, according to a report from Reuters.

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Investec withdraws from over hyped robo-advisory market

Investec has pulled the plug on its robo-advisory service, recording a £12.8 million operating loss on the business after attracting fewer investors than expected.

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Sixteen startups selected for EBAday Fintech Zone

Sixteen of Europe's top fintech startups have been selected to demo their products to a prestigious panel of senior banking executives at this year's EBAday symposium in Sweden.