21 July 2017
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Latest wholesale banking news

Instant payments top of mind for Swift and EBA Clearing

Instant payments top of mind for Swift and EBA Clearing

14 June 2017  |  8954 views  |  0 comments | 12 tweets | 21 linkedin

Interbank co-operative Swift is to launch an instant payment gateway to connect member banks to multiple market operators across Europe.

EastNets adopts AI to monitor Swift traffic for fraudulent messages

EastNets adopts AI to monitor Swift traffic for fraudulent messages

14 June 2017  |  8496 views  |  0 comments | 4 tweets | 12 linkedin

Payments processor EastNets is to apply machine learning technology to detect fraudulent payments transactions passing over the Swift network.

Revolut launches new business service across UK and Europe

Revolut launches new business service across UK and Europe

13 June 2017  |  6419 views  |  0 comments | 9 tweets | 16 linkedin

Revolut's transformation from a money transfer app to a full-scale bank is picking up pace as the UK fintech firm launches a business platform for British and European companies to manage international payments, payroll and corporate travel.

NatWest opens corporate digital design studio in Bristol

NatWest opens corporate digital design studio in Bristol

12 June 2017  |  4843 views  |  0 comments | 4 tweets | 6 linkedin

NatWest is to move 80 tech staff to a new 'digital centre of excellence' in Bristol UK as it prepares for the imminent roll out of new online banking and mobile services for corporate customers.

Asset managers fear disruption as digital technology comes of age

Asset managers fear disruption as digital technology comes of age

12 June 2017  |  6517 views  |  1 comments | 19 tweets | 20 linkedin

Typically sluggish adopters of new technology, asset managers are slowly waking up to the threats posed by the emergence of faster and cheaper digital rivals, with fully 80% of industry participants expecting significant disruption in the industry over the next ten years.

BBVA sets up Global Patent Office

BBVA sets up Global Patent Office

09 June 2017  |  5855 views  |  0 comments | 11 tweets | 11 linkedin

BBVA has set up a Global Patent Office to work with inhouse engineering and development teams to protect IP rights in new products as they emerge from the laboratory.

Lloyds Bank inks £1.3 billion IT outsourcing deal with IBM

Lloyds Bank inks £1.3 billion IT outsourcing deal with IBM

09 June 2017  |  12037 views  |  0 comments | 19 tweets | 31 linkedin

Lloyds Bank has finally put pen to paper on a long-mooted £1.3 billion, 10-year mega outsourcing deal with IBM, which will see 1500 staff and contractors moved to Big Blue.

Nasdaq joins €7M funding round in French blockchain outfit Stratumn

Nasdaq joins €7M funding round in French blockchain outfit Stratumn

09 June 2017  |  14572 views  |  0 comments | 9 tweets | 7 linkedin

Nasdaq has joined a €7M series A funding round in a French startup, Stratumn, which utilises distributed ledger technology and advanced cryptography to streamline and secure the exchange of regulatory reporting data.

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

Only banks that become 'digital houses' will survive forthcoming disruption - BBVA chief

08 June 2017  |  14112 views  |  0 comments | 34 tweets | 51 linkedin

BBVA chairman Francisco González says that banks need to shed their past and image as 'incumbents' and transform into new digital technology companies if they are to prosper in a banking environment dominated by technologically astute competitors.

Winning in the digital moment; Leading banks explain what it takes

Winning in the digital moment; Leading banks explain what it takes

08 June 2017  |  15462 views  |  0 comments | 12 tweets | 19 linkedin

A stellar line-up of 27 senior bankers and fintech experts will be onstage at the Finextra SAP Financial Services Forum in London next month to detail winning strategies for banks competing in a digitally-driven business market.

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