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630 Results from /wholesale, 2019

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Barclays and Santander invest in MarketInvoice

Barclays and Santander InnoVentures have led a £26 million Series B funding round in online invoice financing platform MarketInvoice.

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State Street signs up for AWS Backup service

Financial services giant State Street is one of the first firms to sign on for Amazon Web Services' new AWS Backup, a fully-managed, centralised service to automate backups of data and meet regulatory requirements.

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ING builds analytics academy to help employees with data skills

ING is setting up an 'analytics academy' where any member of the Dutch bank's staff can brush up on their data skills.

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ING joins group using blockchain to shake up mining and metals sector

Dutch banking giant ING has joined a consortium, including IBM and mining tech firm MineHub, that is looking to tap blockchain technology in the high-value global mining and metals supply chain.

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UniCredit sets up transformation and innovation advisory board

Italy's UniCredit has set up a 'transformation and innovation' advisory board, blending internal and external specialists to help guide the Italian bank's digital investment strategy.

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Korea to tear down barriers to fintech innovation

Korea's Financial Services Commission is to undertake a root and branch regulatory reform to boost the company's fintech sector, amending rules on bank investments and introducing a sandbox programme for startups to test their applications.

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Swift introduces Pay Later API for instant loan financing

Interbank payment network Swift is pushing an API standard which will enable banks to provide instant loan approvals for customers at the point-of-sale.

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US makes charges in SEC hacking scheme

US authorities have filed charges alleging crooks hacked into a Securities and Exchange Commission database to gain access to non-public information that was then used to make millions of dollars through illicit trades.

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AXA IM chases millennial generation with Dreams investment

AXA IM has taken a 10% stake in mobile savings startup Dreams and will become the exclusive provider of mutual funds to the Swedish firm's millennial customer base.

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HSBC uses DLT to settle $250bn of FX transactions

HSBC says its use of distributed ledger technology over the last year to settle more than three million foreign exchange transactions has proved a big hit.

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AccessPay banks $9 million in new funding as VCs hit the North

Manchester's bid to become a global tech-hub in the North of England has been boosted by the arrival of US-based venture capital firm Beringea and a $9 million investment in local corporate payments startup AccessPay.

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Goldman Sachs leads $8 million investment in cyber skills firm Immersive Labs

Goldman Sachs has led an $8 million investment round in Immersive Labs, a British cyber skills startup created by a former GHQ staffer.