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630 Results from /wholesale, 2019

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Rabobank puts EUR80m into tech venture fund

Rabobank is pumping another EUR80 million into its venture fund investing in early-stage fintech and agritech companies.

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JPMorgan creates JPM Coin

JPMorgan Chase has created a digital token, the JPM Coin, that will be used to instantly settle transactions between the bank's wholesale payments business clients, according to CNBC.

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Italian banks move into pre-production for DLT-based reconciliation project

The Italian Banking Association (ABI) is moving into the 'pre-production phase' for its blockchain-based interbank reconciliation project.

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Fidelity seeks blockchain engineer for Digital Assets launch

Fidelity is in the market for a senior blockchain software engineer to join its soon-to-launch Digital Assets unit.

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VC Finch Capital to invest EUR20m in Irish fintech startups

VC firm Finch Capital has earmarked EUR20 million for investment in Irish fintech-focussed startups after scoring EUR10 million from State agency Enterprise Ireland.

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Canadian banks back new market data hub

Canada's big six banks are teaming up with local online exchange CanDeal to build a fixed income and derivatives market data hub.

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UK retains top three spot for fintech investment

UK fintech investment increased by 18% to $3.3 billion in 2018, retaining the country's top three profile for deal-making behind the US and China.

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Standard Chartered signs MoU with Chinese supply chain finance platform

Standard Chartered has struck an agreement with Linklogis to use the Chinese B2B player's blockchain-enabled supply chain platform to improve business financing opportunities and deepen client relationships in China.

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Swift to open KYC Registry to corporates

Interbank messaging network Swift is to open its KYC Registry to corporates, providing a central hub for document exchange with multiple banking partners and eliminating duplication and ineffeciency.

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Blockchain will follow the same adoption path as cloud computing

Financial services panelists at London Blockchain Week anticipate that the deployment of distributed ledgers in trading markets will follow a similar cautious path to that of cloud computing, as big banks tread carefully around the regulatory and policy implications of the technology.

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Nasdaq sells GRC unit BWise to SAI Global

Nasdaq has agreed to sell its enterprise governance, risk and compliance (GRC) software platform BWise to SAI Global. Financial terms of the deal were not disclosed.

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Morgan Stanley agrees to pay $900m for employee stock plan manager

Morgan Stanley has struck a $900 million cash deal to buy Solium Capital, a Canadian provider of cloud-enabled share plan administration services.