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Latest Results from /wholesale

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Nium partners blockchain-based Partior on cross-border payments

Cross-border B2B payments operator Nium has formed a partnership with Partior, the blockchain-based fintech for clearing and settlement.

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UBS pilots blockchain-based payment system

UBS has successfully piloted a blockchain-based payment system, UBS Digital Cash, designed to improve the speed and efficiency of cross-border transactions for corporate and institutional clients.

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JP Morgan rebrands Onyx to Kinexys for blockchain charge

JP Morgan has rebranded its Onyx blockchain unit as Kinexys by JP Morgan as the banking giant prepares to bring the technology into mainstream financial services.

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NatWest rolls out mobile virtual corporate cards for business expenses

Natwest has rolled out a virtual card payment tool, Approval2Buy, for business expenses, using Mastercard’s mobile virtual app card and tokenisation technology.

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Banque de France and Monetary Authority of Singapore complete post-quantum cryptography trial

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have completed a groundbreaking joint experiment in post-quantum cryptography (PQC) to strengthen internet communications and data transfers conducted across continents.

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BBVA to train top executives in GenAI

BBVA is creating a training programme to give its top executives a grounding in the use of GenAI to improve productivity.

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Deutsche Bank invests in ID security firm Akeyless

Deutsche Bank's Corporate Venture Capital (CVC) group has made a strategic investment in identity security firm Akeyless. Terms were not disclosed.

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ANZ overhauls operations

Australia's ANZ is overhauling its business to create a new unified operations unit and a group-wide data and analytics function.

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Standard Chartered and Ant International use blockchain for settlement of treasury transactions

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

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MAS establishes Global Finance & Technology Network

The Monetary Authority of Singapore has established The Global Finance & Technology Network (GFTN) a not-for-profit organisation to harness technology, pump-prime startups and foster innovation in the fintech ecosystem.

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Santander cuts 1400 UK jobs

Banco Santander will axe 1425 jobs in the UK this year as part of a cost-cutting round and push to automate some work.

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Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.