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Latest Results from /wholesale

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

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BofE and BIS develop tech to monitor stablecoin reserves

The Bank of England and the BIS Innovation Hub have developed a system that gives supervisors near real time data about stablecoins' liabilities and their reserve assets.

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Ghana pilots blockchain-based credentials and CBDC for global trade

The Bank of Ghana (BoG) has completed a proof-of-concept into the use of digital credentials for international trade and CBDC-based cross-border payments.

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ThetaRay boosts AI financial crime detection with Screena acquisition

AI-powered financial crime detection specialist ThetaRay has acquired screening company Screena. Financial terms were not disclosed.

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Bank of England calls for input on payments innovation

The Bank of England is seeking input from the private sector on its roadmap for innovation in money and payments.

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JPMorgan rolls out Generative AI 'research analyst' to staff

JPMorgan Chase has rolled out an inhouse developed Generative AI chatbot to staff, likening it to a having a research analyst at your desk.

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10x Banking unveils 'meta core' to derisk core conversions

10x Banking has unveiled a new generation of core banking technology designed to derisk the conversion from legacy ledgers and provide a clear roadmap to cloud-native transformation.

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Lloyds and Nationwide invest in Scottish AI fintech Aveni

Lloyds Banking Group and Nationwide have joined an £11 million Series A funding round in Scottish AI fintech Aveni.

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US regulators seek info on bank-fintech relationships

US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.

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UniCredit to acquire Banking-as-a-Service venture Vodeno and Belgian digital bank Aion

Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.

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Ebury appoints Goldman Sachs to lead UK IPO

Santander-backed Ebury has reportedly appointed Goldman Sachs to lead a forthcoming £2 billion IPO in London.

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BBVA opens global cybersecurity centre in Mexico

BBVA is opening a global cybersecurity centre in Mexico as part of an alliance with IT services company Telefónica Tech aimed at boosting the bank's defences against a rising tide of security-related threats.