Latest Wholesale banking News: Finextra Research

Citi to develop AI-based trade finance compliance platform

Citi is working with EY and SAS to on the development of an AI-based risk analytics scoring engine to provide more context and usable data to aid decision makers in reviewing trade transactions.

30 April 2019

/wholesale

Jenks appointed chairman of new challenger brand Recognise

Recognise Financial Services, the latest challenger brand taking aim at the SME sector in the UK, has appointed Philip Jenks as chairman as it progresses its banking license application.

30 April 2019

/wholesale

Global sandbox accepts first eight firms

The Global Financial Innovation Network (GFIN), a cross-border regulatory sandbox for firms testing innovative financial products, services or business models across multiple jurisdictions, has selected the first eight firms to participate in the programme.

29 April 2019

/wholesale

Citi enters partnership with Vietnam's Payoo

Citi Treasury and Trade Solutions has forged a partnership with Vietnam-based intermediary payment service provider Payoo to facilitate last-mile consumer-to-business collections for corporate clients in the country.

29 April 2019

/wholesale

Mosaic Smart Data snags $9 million in funding

Commerzbank's VC arm and Octopus Ventures have joined JPMorgan in a $9 million fund raise for capital markets data analytics startup Mosaic Smart Data.

29 April 2019

/wholesale

UK Fintech Week: Fintech bodies form national network

As UK Fintech Week kicks off, Innovate Finance, FinTech Scotland and FinTech North have formed a national network designed to encourage innovators up and down the country to connect and form multiple fintech hubs and centres of excellence.

29 April 2019

/wholesale

In wake of money laundering scandal, Swedbank creates financial crime unit

Swedbank has put its head of Group IT, Anders Ekedahl, in charge of a new dedicated anti-financial crime (AFC) unit set up in response to a money laundering scandal being probed by regulators.

25 April 2019

/wholesale

Visa partners FIS to push DLT-based platform for international corporate payments

Visa's distributed ledger-based, non-card platform for high-value corporate, cross-border payments will now be offered to FIS client bank.

25 April 2019

/wholesale

Swift names Javier Pérez-Tasso CEO

Swift has promoted its Americas and UK chief executive Javier Pérez-Tasso to CEO, replacing Gottfried Leibbrandt, who is stepping down after seven years at the helm of the bank-backed international payments network.

24 April 2019

/wholesale

SoGen issues covered bond as security token on Ethereum

Societe Generale has issued EUR100 million of covered bonds as a security token, directly registered on the Ethereum blockchain.

24 April 2019

/wholesale

Automation could displace 40 FS industry job roles - Singapore study

Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.

24 April 2019

/wholesale

Tackling the fintech talent deficit

Amid continued concerns around the impact Brexit will have on the talent deficit in the financial services industry, Felicity Burch, director of innovation and digital at CBI and Omar Ali, partner at EY discuss how to inspire the next generation of fintech talent with Finextra.

23 April 2019

Latest news