23 September 2017
visit www.avoka.com

Latest wholesale banking news

RBS to spend £885 million on promoting new entrants to resolve state aid obligations

RBS to spend £885 million on promoting new entrants to resolve state aid obligations

27 July 2017  |  8700 views  |  0 comments | 12 tweets | 9 linkedin

Royal Bank of Scotland is in line to spend a maximum of £885 million on funding fintech startups and challenger banks under a compromise agreement between the European Commission and the UK Government over the bank's state aid bail-out.

Overstock's Medici Ventures takes stake in Symbiont

Overstock's Medici Ventures takes stake in Symbiont

27 July 2017  |  8763 views  |  0 comments | 4 tweets | 2 linkedin

Medici Ventures, the blockchain roll-up platform of e-commerce retailer Overstock, has made an undisclosed investment in Symbiont.

Wells Fargo accidentally leaks data relating to 50,000 of its top clients

Wells Fargo accidentally leaks data relating to 50,000 of its top clients

25 July 2017  |  10934 views  |  0 comments | 6 tweets | 11 linkedin

Barely months after coming up for air over the fake accounting scandal, Wells Fargo is facing further scrutiny, this time over a data breach that saw the accounts of 50,000 of its wealthiest clients accidentally leaked to a former employee.

Nasdaq acquires behavioural science startup Sybenetix

Nasdaq acquires behavioural science startup Sybenetix

25 July 2017  |  7480 views  |  0 comments | 4 tweets | 5 linkedin

Nasdaq is to acquire Sybenetix, a UK-based startup that applies behavioural analysis and cognitive computing to sniff our suspicious trading activity at asset management firms.

UniCredit among 30 banks to begin testing instant payments

UniCredit among 30 banks to begin testing instant payments

25 July 2017  |  12917 views  |  0 comments | 3 tweets | 10 linkedin

UniCredit is preparing for the roll out of instant payment services to customers in Italy and Germany as it commences testing of EBA Clearing's RT1 real-time platform.

Betterment eyes profits, IPO on $70 million round

Betterment eyes profits, IPO on $70 million round

24 July 2017  |  5855 views  |  0 comments | 5 tweets | 3 linkedin

Online financial advisory firm Betterment has raised $70 million, valuing the robo-advisory hybrid at $800 million.

Sydney fintech hub Stone & Chalk to open up in Melbourne

Sydney fintech hub Stone & Chalk to open up in Melbourne

24 July 2017  |  5583 views  |  0 comments | 2 tweets | 1 linkedin

Sydney fintech hub Stone & Chalk is extending its reach into Victoria, with founding CEO of Fintech Victoria, Alan Tsen, at the helm of its new Melbourne-based operations.

Machines could take over 30% of bank jobs: McKinsey

Machines could take over 30% of bank jobs: McKinsey

21 July 2017  |  12114 views  |  0 comments | 31 tweets | 30 linkedin

Robots, artificial intelligence and other forms of automation could take over almost a third of investment banking jobs within just a few years, according to a recent report from consultant McKinsey.

Acting OCC head Noreika stirs fintech charter debate

Acting OCC head Noreika stirs fintech charter debate

20 July 2017  |  9061 views  |  0 comments | 5 tweets | 2 linkedin

The new head of the US Office of the Comptroller of the Currency (OCC) has come out fighting in defence of his predecessor's plans to grant special-purpose bank charters to fintech firms, defying pending litigation from state regulators.

Finstar commits $150m to fintech investment

Finstar commits $150m to fintech investment

20 July 2017  |  6878 views  |  0 comments | 8 tweets | 2 linkedin

Private equity outfit Finstar Financial Group is planning to pump $150 million into fintech startups over the next five years.

Previous 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 Next
visit www.temenos.comvisit www.sibos.comvisit www.vasco.com

Top wholesale banking topics

Most viewed Most shared
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
7983 views comments | 16 tweets | 1 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
7755 views comments | 31 tweets | 45 linkedin
ISO 20022: The common language of choiceISO 20022: The common language of choice
7513 views comments | 1 tweets | 2 linkedin
Canadian fintech startups get Sibos showcaseCanadian fintech startups get Sibos showca...
5913 views comments | 11 tweets | 8 linkedin
Sophia the humanoid gets UBS conference speaking gigSophia the humanoid gets UBS conference sp...
5768 views comments | 13 tweets | 19 linkedin