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630 Results from /wholesale, 2019

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PayPal invests in cryptocurrency compliance startup TRM

PayPal has joined a $4.2 million funding round for cryptocurrency compliance and risk management platform TRM Labs.

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Deutsche Bourse and Swisscom use tokenised assets and DLT to settle securities transactions

Deutsche Bourse and Swissccom have completed a successful proof of concept for settling securities transactions using distributed ledger technology and the exchange of equity and cash tokens.

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BlueVine raises $102.5 million

Citi Ventures. MUFG Ventures and Nationwide have joined in a $102.5 million equity financing round for small business banking vendor BlueVine.

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BNP Paribas Securities Services takes stake in AssetMetrix

BNP Paribas Securities Services has taken a stake in AssetMetrix, and will use its suite of data analytics to provide private capital clients with more in-depth information on their non-listed investments.

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Scotiabank to train execs on AI ethics

Canada's Scotiabank is introducing a programme to give senior employees a grasp of the ethical principles involved in using AI.

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SMBC taps into Toronto AI scene through Mars partnership

Sumitomo Mitsui Banking Corporation (SMBC) is looking to gain access to Toronto's AI expertise through a partnership with the Canadian city's Mars fintech cluster.

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UK charges ahead with legal certainty for smart contracts and cryptoassets

In a landmark statement, the UK Jurisdiction Taskforce of the Lawtech Delivery Panel today set out the recognition of cryptoassets as tradable property, and smart contracts as enforceable agreements under English Law.

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Bill.com files for IPO

Business payments platform Bill.com has filed for an IPO on the New York Stock Exchange in a bid to raise $100 million in capital.

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SIX makes cash offer of EUR2.84 billion for Spain's BME

Swiss Stock Exchange operator SIX is to make a EUR2.84 billion all-cash tender offer for Spain's Bolsas y Mercados Españoles, setting up a likely bidding war with pan-European exchange Euronext.

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Elavon to acquire Sage Pay for £232 million

US Bank-owned Elavon is to acquire payments gateway Sage Pay for £232 million, expanding its business in the UK and Ireland.

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BBVA tells employees to ignore email outside of working hours

BBVA is introducing a policy of digital disconnection for employees in Spain, encouraging them to put down their devices and take a break from the emails outside of working hours.

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How does cloud democratise consumers in banking and payments?

In banking and payments, much is discussed about the end retail customer experience. We often read about B2C or even B2B2C payments, mostly because mobile devices have extended well beyond simple communication.