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630 Results from /wholesale, 2019

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IHS Markit invests in Cobalt

IHS Markit has taken a minority stake in blockchain-based post-trade processing network Cobalt, embedding its MarkitSERV operation deeper into currency trading back offices.

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R3 and SBI Holdings form Japan blockchain JV

Financial services group SBI Holdings is setting up a joint venture with R3 to push the distributed ledger technology specialist's Corda platform in Japan.

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Ecosystem must evolve to make euro instant payments a success

Real-time euro payments are already here – but there’s wider work to do to serve corporate needs, says Thomas Egner, secretary general, Euro Banking Association.

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Financial crime fighting AI platform Mimiro raises $30m

Anti-financial crime AI platform Mimiro has raised $30 million in a Series B funding round led by Index Ventures.

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Temenos backs platform to drive faster fintech procurement

Temenos, Cisco and Deloitte Luxembourg are among a group of companies setting up a due diligence, connectivity and testing platform to help the financial services industry in its efforts to work more effectively with fintech firms.

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Saudi Arabia and UAE explore shared digital currency

The central banks of Saudi Arabia and the United Arab Emirates are to trial a common digital currency aimed at lowering the costs of remittance transfers between the two countries.

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Deutsche Bourse increases stake in HQLAx ahead of go-live

Deutsche Bourse has increased its stake in HQLAx, the liquidity and collateral management outfit with which it is building a blockchain-based front-to-back operating model for securities lending.

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DBS innovation chief Cross steps down

DBS innovation chief Neil Cross is bidding goodbye to banking after five years leading the Singaporean bank's digital transformation effort.

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What will the stock exchange of the future look like?

The stock exchange of the future will most likely be dominated by direct access platforms, reducing the traditional role played by brokers and other middlemen, and the arrival of Big Tech companies as issuing venues in their own right.

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Pan-Asian fintech network approves mobile payments specifications

More than 60 companies from 12 countries have joined a new Pan-Asian committee to spur the adoption of fintech in the region.

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Mastercard takes on Visa in tussle over Earthport

Mastercard has opened up a turf war with rival scheme Visa over the acquisition of cross-border payment firm Earthport, posting a £233 million cash offer for the UK firm.

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Jamaica Stock Exchange digital currency trading pilot gets thumbs up

Following a successful live digital currency trading pilot, the Jamaica Stock Exchange (JSE) has set its sights on listing security tokens.