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Latest Results from /wholesale

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Swedish spend management fintech Mynt raises €22 million

Swedish spend management fintech Mynt has raised a €22 million Series B funding round at a significantly increased valuation of approximately €175 million.

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Google Cloud joins with Swift in fight against fraud

Bank-to-bank Payment network Swift is working with Google Cloud to develop multi-jurisdictional anti-fraud technologies that use advanced AI and federated learning

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Deutsche Bank and Crypto.com sign corporate banking deal

Deutsche Bank has signed on as Crypto.com's corporate banking partner in Singapore, Australia and Hong Kong, with additional support and coverage to come.

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ThetaRay partners Microsoft for GenAI financial crime detection suite

ThetaRay has integrated with Microsoft Azure OpenAI Service to develop a GenAI financial crime detection suite.

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Crypto payments company Brighty raises $10 million

Brighty, a Swiss digital finance platform for crypto-card payments, has secured $10 million in funding from Futurecraft Ventures to expand its presence in Europe and the UK.

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Warwick Business School opens Fintech Innovation Lab

Warwick Business School has launched a new Fintech Innovation Lab in the West Midlands following £4.2m of investment.

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Lunar creates standalone enterprise payments business

Nordic challenger bank Lunar is stepping up its BaaS efforts, shifting its banking services division into a new standalone entity called Moonrise.

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Trump taps ex-PayPal COO Sacks as crypto and AI czar

Donald Trump says he is appointing former PayPal chief operating officer David Sacks as "White House AI and Crypto Czar".

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US explores feasibility of settlement network for multi-asset transactions

The proof-of-concept of what has been dubbed the Regulated Settlement Network (RSN) showcased the potential of shared ledger technology to upgrade multi-asset and cross-network transaction settlement for domestic users of US dollars and regulated securities.

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Latvia offers fast-track pre-approval for MiCA compliance

The central bank of Latvia is bolsterings its credentials as a fintech innovation hub by launching free pre-licencing consultations for crypto-asset service providers looking to pursue the EU MiCA licence.

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Trump picks Shift4 chief Isaacman as next head of Nasa; Fiserv head Bisignano to run social security

Donald Trump has appointed two prominent fintech CEOs from the payments industry to key roles in his administration.

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Bitcoin price tops $100,000 for first time

Bticoin prices have surged past the $100,000 mark for the first time as retail and institutional investors look to cash in on a Trump-driven market rally.