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Latest Results from /wholesale

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Canapi Ventures raises $750m fintech fund

Canapi Ventures, a VC firm focussed on fintech startups, has raised $750 million for its second fund.

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UK financial regulators to assume direct oversight of critical technology suppliers

British banking regulators have proposed further checks on financial firms' reliance on third party technology companies.

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Dimon blasts bitcoin

JPMorgan chief Jamie Dimon is continuing his anti-bitcoin tirade, telling senators on Capitol Hill that if he was in charge of Government he would shut the industry down.

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Citi invests in Icon Solutions

British payments technology outfit Icon Solutions has secured an equity investment from US banking giant Citi. Terms were not disclosed.

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BofE to review AI risk to financial stability

The Bank of England is launching a review of artificial intelligence and machine learning amid concerns that its use could pose financial stability risks.

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SocGen lists stablecoin on BitStamp

The digital asset unit of French lender Societe Generale has listed its newly-minted Euro-based stablecoin on crypto exchange BitStamp.

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EBAday 2024: Applications open for Fintech Zone

Finextra and the Euro Banking Association are inviting startups from across the world to apply to join the 2024 Fintech Zone at EBAday 2024 in Lisbon.

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ECB further delays deadline for launch of unified collateral management platform

The European Central Bank has further delayed the launch of its new collateral management system, shifting the deadline from April 2024 to November 2024.

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MAS chief rubbishes private crypto in speech

Private cryptocurrencies have failed the basic test of digital money and are likely to be in decline in the near future

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Symphony and Google launch AI-based JV for phone calls

Regtech provider Symphony is drawing on the generative AI capabilities of Google to develop a service to ensure banks' voice calls are compliant.

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FCA sets out greenwashing rules

The Financial Conduct Authority has moved to clamp down on greenwashing by putting in place sustainability disclosure requirements and an investment labels regime.

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HSBC names executive team for new embedded finance fintech

HSBC has named the executive team that will spearhead a new embedded finance joint venture in the transaction banking arena