Latest Markets News: Finextra Research

ING and UniCredit double-down on investment in Axyon AI

ING and Unicredit have joined a €1.6 million investment round in Axyon AI, an Italian fintech that supplies asset managers with AI-powered market insights and investment strategies.

06 October 2022

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Singapore's MAS opens ESG Impact Hub

The Monetary Authority of Singapore has launched an ESG Hub designed to spur collaboration between fintech startups, financial institutions and other stakeholders.

06 October 2022

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EBA goes to tender for crypto and blockchain data management platform

The European Banking Authority has put out a call for tender for blockchain analytics services and crypto-assets market data.

05 October 2022

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Industry pushes back again on Basel Committee crypto plans

A group of industry associations has pushed back against a second Basel Committee on Banking Supervision consultation on the rules on investments in crypto assets by financial institutions, calling for a host of changes.

04 October 2022

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Swift completes tokenised asset experiments

A Swift-led pilot has successfully implemented a common framework linking tokenisation systems between CSD’s and global custodians

04 October 2022

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Swift builds proof-of-concept for blockchain interoperability

Interbank co-operative Swift is working on a pilot project with Chainlink to provide network interoperability across multiple blockchain platforms.

30 September 2022

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Swift to bring end-to-end view of post-trade processing

Following a successful pilot, Swift is gearing up to launch a service designed to increases transparency in post-trade processing and prevent settlement fails.

29 September 2022

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UK communications watchdog launches cloud competition probe

Ofcom has announced its probe into cloud service providers Amazon, Microsoft and Google. The investigation will look into these providers, which generate around 81% of revenues in UK public cloud, to ensure the market is working properly and not limiting innovation or growth.

23 September 2022

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Wall Street giants join $60m AccessFintech funding round

Capital markets specialist AccessFintech has closed a $60 million Series C funding round led by WestCap and joined by a host of big banks, including BNY Mellon and Bank of America.

22 September 2022

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Afme urges caution on European move to T+1

A move by Europe to a one-day settlement cycle (T+1) could bring significant benefits but would face a host of barriers, cautions a paper from Association for Financial Markets in Europe (Afme).

21 September 2022