Latest Results from /wholesale
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Bank-to-bank messaging network Swift is hailing the results of tests that used a combination of AI and cross-border data sharing to double real time fraud detection in trials involving 13 top tier banks and ten million test transactions.
15 September 2025
Tether has brought in former executive director of the White House Crypto Council Bo Hines to spearhead a new US-regulated, dollar-backed stablecoin.
12 September 2025
More than eight in ten of UK small and medium-sized enterprises (SMEs) would be willing to pay for a Digital Company ID service, according to research commissioned by the Centre for Finance, Innovation and Technology (CFIT).
10 September 2025
Rainforest, an embedded payment provider purpose-built for software platforms, has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures.
ANZ is to cut 3500 jobs over the next 12 months, marking a 14% reduction in the Australian lender's workforce.
09 September 2025
Lead Bank has hit a $1.47 billion valuation after raising $70 million to serve fintech and crypto firms.
08 September 2025
Stripe and crypto investment firm Paradigm have unveiled a blockchain project for stablecoin payments.
05 September 2025
The BIS Inovation Hub and the Bank of England have developed a prototype analytical tool to unlock the richer payments data derived from the ISO 20022 payments messaging protocol.
Digital assets operations platform Utila has closed a $22 million Series A extension round, tripling its valuation in just six months as the stablecoin boom continues.
04 September 2025
Lloyds’ Financial Institutions Sentiment Survey finds that UK financial firms are doubling down on AI as producivity surges.
Pave Finance, a provider of AI-powered, institutional-grade, personalised wealth management software, has raised $14 million in seed funding.
Mexico City-based AI-powered platform for small and medium-sized businesses (SMBs) Kapital has raised up to $100 million in a Series C funding round that doubles the firm's valuation to $1.3 billion.
03 September 2025
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