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Latest Results from /wholesale

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US Treasury seeks feedback on use of AI in financial services

The US Department of the Treasury is seeking public comment on the risks and opportunities posed by the use of AI in financial services.

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‘Real money to be made’ in treasury management says Bound CEO

Opening the final day of Money 20/20 Europe was a session exploring whether treasury management is broken.

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ABN Amro turns to AI for trade finance automation

Dutch bank ABN Amro is working with AI platform Complidata to automate its trade finance operations.

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Bank-backed DLT-based CBDC platform Project MBridge reaches MVP stage

The Bank for International Settlements says it multi-central bank CBDC platform, Project mBrige, is ready to accept value added products and new use cases as it reaches minimum viable product stage (MVP).

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Commerzbank joins Tenity to launch sustainable finance accelerator

Commerzbank is joining forces with startup incubator Tenity to launch a joint innovation accelerator for sustainable finance.

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BBVA to issue financial sector's first biodiversity bond

BBVA Colombia and IFC are to issue the financial sector’s first biodiversity bond.

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Coinbase donates $25m to crypto super PAC

Coinbase has become the second firm in a week to donate $25 million into Fairshake, a federal super political action committee (PAC) backing pro-crypto candidates during the 2024 US elections.

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JPMorgan payments boss Georgakopoulos quits

JPMorgan Chase global head of payments, Takis Georgakopoulos, is leaving the bank, according to Reuters.

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FintechOS raises $60 million

FintechOS, a European startup promising a low-code approach to helping financial institutions quickly and painlessly go digital, has picked up $60 million in a Series B+ funding round extension.

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Swift to pilot AI in fight against fraud

Banking co-operative Swift is working with global banks on AI pilots to tackle cross-border payments fraud.

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CBA pilots NameCheck technology on JPMorgan's Liink blockchain

Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan's blockchain network Liink.

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Ripple donates $25m to crypto super PAC

Ripple is pumping $25 million into Fairshake, a federal super political action committee (PAC) backing pro-crypto candidates during the 2024 US elections.