Latest Wholesale banking News: Finextra Research

Funding Options heads to Europe with ING partnership

UK-based online business finance marketplace Funding Options is launching in the Netherlands with the backing of local bank ING.

04 February 2019

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Euronext goes head-to-head with Nasdaq in fight for Oslo Bourse

Euronext has reaffirmed its commitment to a takeover of Oslo Bourse despite a decision by the Nordic exchange's board last week in favour of a higher bid from Nasdaq.

04 February 2019

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Exchanges to fire builder of massive audit trail - WSJ

A group of US stock exchanges is set to fire Thesys Technologies, the startup it hired in 2017 to build a vast Consolidated Audit Trail (CAT) tracking transactions as they pass through US equity and options markets, according to the Wall Street Journal.

01 February 2019

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Luxembourg banks explore creation of regulatory reporting utility

The Luxembourg banking industry is exploring the potential of creating a shared regulatory reporting utility to deal with the growing burden of compliance and data demands from financial supervisory agencies.

01 February 2019

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Lithuania's fintech plans bear fruit

Lithuania is continuing to cement its status as a global fintech hub, reporting a 45% growth in the sector throughout 2018 thanks to a fast-track licensing regime which has attracted big name players like Revolut and Google to the country.

01 February 2019

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Eurosystem launches procurement process for Target connectivity service providers

European authorities are inviting bidders for the provision of connectivity services to the Target services for settling payments and securities.

01 February 2019

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ECB's Cœuré touts faster payments to promote financial inclusion

Boosting financial inclusion in developing markets will require work to broaden access to payment services, possibly through the creation of infrastructure modelled on Europe's new Target Instant Payment Settlement (Tips) and, in the longer term, the introduction of central bank digital currencies (CBDCs), says ECB executive board member Benoît Cœuré.

01 February 2019

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Regulatory bodies open global sandbox

An international network of financial regulatory bodies is calling for applications from firms wishing to test innovative financial products, services or business models across more than one country or jurisdiction.

31 January 2019

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Payments body calls for digital IDs to tackle financial crime

UK financial institutions and payment processors should collaborate on the creation of a national digital identity scheme to face down the threat posed by money laundering and payments-related financial crime, according to a new report published by the Emerging Payments Association (EPA).

31 January 2019

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NatWest builds data academy open to all staff

NatWest is looking to train up its staff for the data revolution by pumping £1 million into an academy open to all of its 70,000 employees.

30 January 2019

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Swift to open gpi gateway to R3 blockchain

Interbank co-operative Swift is to conduct a proof-of-concept trial to link its gpi network to the Corda platform of enterprise blockchain consortium R3.

30 January 2019

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Nasdaq wades into bidding war over Oslo Bourse

Oslo Bourse has recommended a $770 million takeover from Nasdaq, usurping a previous bid by Euronext.

30 January 2019

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