Latest Wholesale banking News: Finextra Research

Augmentum Fintech bids to raise fresh funds

London-listed fintech investment fund Augmentum Fintech is looking to build a new multi-million pound war chest having substantially committed most of the net cash proceeds of its £94 million IPO last year.

05 March 2019

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Microsoft to build data warehouse, chatbot for NatWest-backed Esme Loans

NatWest-backed Esme Loans has signed a tech deal with Microsoft to build a cloud-based data warehouse and AI-assisted customer support.

05 March 2019

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Equity Bank issues RFI for online brokerage platform

Kenya's Equity Bank is in the market for an online brokerage platform, issuing an RFI to suppliers capable of providing a system for clients to trade in stocks and bonds online and on mobile.

05 March 2019

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We are the robots: AI technology shifts into the mainstream

Once the preserve of futurists, artificial intelligence technology is to set to become a routine part of everyday business operations, according to a report from venture capital firm MMC Ventures, in association with Barclays Bank.

05 March 2019

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Innovate Finance launches Fintech for Schools initiative

UK fintech industry body Innovate Finance has launched a schools initiative as it seeks to inspire the country's next generation of financial technology leaders.

05 March 2019

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Nasdaq sweetens bid for Oslo Bourse

Nasdaq has raised its offer price for Oslo Bourse to $789 million, matching a rival bid from Euronext.

04 March 2019

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Banco Santander appoints former Googler Kazi to chief platform officer

Banco Santander has hired former Google exec Aiaz Kazi to fill a newly-created role as chief platform officer with responsibility for helping the bank to improve the way it delivers products and services to customers.

04 March 2019

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Danske Bank is using AI to predict IT breakdowns before they happen

Danske Bank is using machine learning technology from IBM for prediction and resolution of IT issues, identifying problems in advance before they impact on the customer.

04 March 2019

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Citi, Goldman Sachs invest in Second Measure

Second Measure, a technology company that analyses billions of everyday purchases to answer real-time questions about consumer behavior, has closed $20 million in a Series A funding round co-led by Bessemer Venture Partners and Goldman Sachs, and joined by Citi Ventures.

04 March 2019

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Banks run war games to test response to advanced WannaCry threat

Fourteen banks and industry trade associations from across Europe have been testing their mettle in a war-gaming WannaCry-style attack on a simulated bank network.

01 March 2019

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European payments chiefs to gather in Stockholm for EBAday2019

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.

01 March 2019

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Standard Bank gears up for go live of payments blockchain

Standard Bank of South Africa is preparing for the go-live of a private permissioned blockchain payment system for conducting overseas foreign exchange trades on behalf of corporate clients.

28 February 2019

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