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Latest Results from /wholesale

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Citi inks referral agreement with Dubai's Network International

Citi has struck a referral agreement with Dubai-based Network International to offer the bank's corporate clients omnichannel payments services in the Middle East and Africa.

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Bank of England to develop analytics data platform for ISO 20022

The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance

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B2B emerging markets payment platform Waza comes out of stealth with $8 million funding

Waza, a payment and liquidity platform for emerging market businesses, has secured $8 million in equity and debt funding to make it easier for African businesses, traders, and other large organisations to manage and pay their suppliers globally.

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ANZ creates 'AI Immersion Centre' for executive class

ANZ has partnered with Microsoft to launch an 'AI Immersion Centre' for the bank's leadership team at its Melbourne headquarter offices.

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MAS collaborates with banks and tech firms on quantum security

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

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CFPB and American Fintech Council stake out AI positions to Treasury

Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services.

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Citi and Wells Fargo invest in credit infrastructure startup Setpoint

Citi and Wells Fargo have joined a $31 million Series B funding round for Setpoint, an infrastructure provider that streamlines transactions for the credit industry.

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DBS tokenizes treasury management for Ant International

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

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Judge orders Ripple to pay $125m penalty

Ripple has been ordered by a US judge to pay the Securities and Exchange Commission $125 million in penalties for improperly selling its XRP token to institutional investors.

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Tencent dumps stake in UK fintech Tide

Chinese tech giant Tencent has sold its 14% stake in British business banking platform Tide, according to the Telegraph.

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Standard Chartered links interest rates and fees to clients' ESG performance

Standard Chartered has launched a new ESG-linked Cash Account for corporate banking clients that rewards them for meeting material environmental, social and governance related targets.

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Kfw selects Boerse Stuttgart for issuance of blockchain-based digital bond

German development bank KfW has selected Boerse Stuttgart Digital as infrastructure partner for its new blockchain-based digital bond.