https://www.finextra.com/ The Latest Financial IT Wholesale banking Headlines Copyright 2023 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/42380/digital-euro-could-smoothly-integrate-into-payments-landscape---nexi?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42380/digital-euro-could-smoothly-integrate-into-payments-landscape---nexi?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 May 2023 00:01:00 GMT A digital euro could be smoothly integrated into the existing European payments landscape while leaving ample scope for innovative features and technologies, testing from the ECB and Italian outfit Nexi has shown. https://www.finextra.com/newsarticle/42370/plastiq-files-for-bankruptcy-agrees-acquisition-deal-with-priority?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42370/plastiq-files-for-bankruptcy-agrees-acquisition-deal-with-priority?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 13:14:00 GMT Plastiq, a US B2B payments firm for SMEs, has filed for bankruptcy and entered into a stalking horse agreement to have its assets acquired by unified commerce platform Priority Technology. https://www.finextra.com/newsarticle/42369/barclays-bank-invests-3-million-in-trade-ledger?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42369/barclays-bank-invests-3-million-in-trade-ledger?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 12:07:00 GMT Barclays Bank has invested £3 million in Trade Ledger and committed to implement its working capital platform under a three-year technology deal. https://www.finextra.com/newsarticle/42368/qred-wins-banking-licence?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42368/qred-wins-banking-licence?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 10:36:00 GMT Swedish credit scoring platform Qred is to become Europe's newest bank, having been granted a full banking licence by the country's financial regulator. https://www.finextra.com/newsarticle/42359/muse-names-ex-natwest-exec-julie-ashmore-coo?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42359/muse-names-ex-natwest-exec-julie-ashmore-coo?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 00:01:00 GMT Working capital business finance provider Muse Financial has brought in former NatWest executive Julie Ashmore as COO. https://www.finextra.com/newsarticle/42357/qed-raises-almost-1-billion-for-fintech-funding?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42357/qed-raises-almost-1-billion-for-fintech-funding?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 17:07:00 GMT Global fintech venture capital firm QED Investors has closed two new funds with combined capital commitments of $925 million. https://www.finextra.com/newsarticle/42351/first-citizens-sues-hsbc-over-poaching-of-svb-staff?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42351/first-citizens-sues-hsbc-over-poaching-of-svb-staff?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 10:41:00 GMT First Citizens has filed a lawsuit against HSBC for poaching 40 senior staff from the collapsed Silicon Valley Bank. https://www.finextra.com/newsarticle/42347/fifth-third-acquires-embedded-payments-platform-rize-money?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42347/fifth-third-acquires-embedded-payments-platform-rize-money?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 00:01:00 GMT Fifth Third Bancorp has acquired embedded payments platform Rize Money as part of staretegy to grow its treasury management business. https://www.finextra.com/newsarticle/42344/cba-launches-sustainability-action-tool-for-businesses?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42344/cba-launches-sustainability-action-tool-for-businesses?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 00:01:00 GMT Commonwealth Bank of Australia has launched a Sustainability Action Tool to provide insights into actions businesses can take to reduce their environmental impacts and lower costs. https://www.finextra.com/newsarticle/42342/starling-bank-eases-budget-management-for-customers?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42342/starling-bank-eases-budget-management-for-customers?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 May 2023 10:49:00 GMT Starling Bank has launched a tool that splits inbound payments and automatically determines the optimum acounts for storing funds. https://www.finextra.com/newsarticle/42339/ny-fed-and-mas-find-promise-in-cbdc-for-cross-border-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42339/ny-fed-and-mas-find-promise-in-cbdc-for-cross-border-payments?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 May 2023 00:01:00 GMT Distributed ledger technology can be used for cross-border, cross-currency payments between different CBDC ledgers, reducing settlement risk and cutting settlement time, according to research from the Monetary Authority of Singapore and the Federal Reserve Bank of New York. https://www.finextra.com/newsarticle/42329/ripple-rolls-out-cbdc-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42329/ripple-rolls-out-cbdc-platform?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 May 2023 00:01:00 GMT Fresh from its acquisition of crypto cutoday provider Metaco, Ripple is rolling out an end-to-end CBDC platform for central banks, governments, and financial institutions to issue their own digital currencies and stablecoins. https://www.finextra.com/pressarticle/97019/natwest-touts-clean-energy-in-1bn-lending-pledge-to-uk-manufacturing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/97019/natwest-touts-clean-energy-in-1bn-lending-pledge-to-uk-manufacturing?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 26 May 2023 20:10:00 GMT NatWest has announced that, from today, it aims to provide an additional £1billion in lending to the UK Manufacturing sector by the end of 2030, aiming to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy generation and use, with lending deployed through loans, asset finance, and overdrafts. https://www.finextra.com/pressarticle/97011/polymesh-joins-nayaone-network?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/97011/polymesh-joins-nayaone-network?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 17:35:00 GMT Polymesh, the leader in public-permissioned blockchain, announced today its integration into the ecosystem of NayaOne, a leading digital transformation platform for the financial services industry. https://www.finextra.com/pressarticle/97005/paysend-partners-ontop-on-instant-salary-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/97005/paysend-partners-ontop-on-instant-salary-payments?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 15:21:00 GMT Paysend, the global card-to-card transfers pioneer and global payments platform, is announcing today a new partnership with global payroll platform Ontop, enabling employers to make faster and more cost-effective salary payments to workers and contractors. https://www.finextra.com/pressarticle/96996/intellecteu-becomes-aws-services-delivery-partner-for-swift-connectivity?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96996/intellecteu-becomes-aws-services-delivery-partner-for-swift-connectivity?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 11:13:00 GMT IntellectEU, an innovator in digital finance and emerging technologies, is now an Amazon Web Services (AWS) services delivery partner. https://www.finextra.com/pressarticle/96995/allianz-trade-partners-with-4trans?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96995/allianz-trade-partners-with-4trans?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 11:11:00 GMT 4Trans, a fintech specialising in financial products for supply chain and logistics companies, has partnered with Allianz Trade to offer SMEs in the EU access to secure funding solutions and protection against potential revenue loss. https://www.finextra.com/pressarticle/96993/provenir-appoints-basil-macklai-as-director-of-sales-in-the-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96993/provenir-appoints-basil-macklai-as-director-of-sales-in-the-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 11:08:00 GMT Provenir, a global leader in data and AI-powered risk decisioning software, today announced the appointment of Basil Macklai as the Director of Sales in the Middle East. https://www.finextra.com/pressarticle/96992/jean-souto-joins-tuum-as-vp-global-partnerships?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96992/jean-souto-joins-tuum-as-vp-global-partnerships?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 11:07:00 GMT Tuum, the next-generation core banking provider, today announces the appointment of Jean Souto as Vice President of Global Partnerships. https://www.finextra.com/pressarticle/96989/michael-pierce-joins-toqio-as-vp-of-sales?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96989/michael-pierce-joins-toqio-as-vp-of-sales?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 10:59:00 GMT Embedded finance SaaS provider Toqio has announced a new Vice President of Sales. With over 14 years of experience in finance and technical sales, Michael Pierce joins Toqio to lead its commercial and marketing teams. https://www.finextra.com/pressarticle/96988/tradeindia-launches-lending-arm?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96988/tradeindia-launches-lending-arm?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 09:16:00 GMT TradeIndia.com, the leading online B2B marketplace connecting buyers and suppliers globally, is excited to announce the launch of its lending arm, TradeUdhaar. https://www.finextra.com/pressarticle/96977/cba-refreshes-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96977/cba-refreshes-mobile-app?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 12:00:00 GMT Commonwealth Bank has today announced a series of innovations and technological advances designed to strengthen and deepen the customer experience as increasing numbers of customers switch to digital banking. https://www.finextra.com/pressarticle/96970/aci-worldwide-collaborates-with-redhat-to-expand-payments-cloud-offfering?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96970/aci-worldwide-collaborates-with-redhat-to-expand-payments-cloud-offfering?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 10:34:00 GMT ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform. https://www.finextra.com/pressarticle/96963/open-source-risk-decisioning-startup-ballerine-raises-5-million-in-seed-financing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96963/open-source-risk-decisioning-startup-ballerine-raises-5-million-in-seed-financing?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 16:30:00 GMT Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8. The company provides an open-source platform that integrates global data sources, along with the necessary tools to automate and enhance decision-making processes for tasks such as onboarding (KYB), underwriting, and transaction monitoring. https://www.finextra.com/videoarticle/2900/reimagining-international-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2900/reimagining-international-payments?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 May 2023 15:10:00 GMT Patrik Havander, Head of B2B Connect, Cross Border Money Movement Europe, Visa, discusses cross-border payments in Sweden at NextGen Nordics 2023, addressing its challenges and exploring the options available to overcome them. https://www.finextra.com/videoarticle/2898/next-gen-nordics-2023-innovation-at-scale?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2898/next-gen-nordics-2023-innovation-at-scale?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 May 2023 12:39:00 GMT FinextraTV reports on the resounding success of NextGen Nordics 2023 in Stockholm, where attendees filled up the venue to take part in insightful discussions on the latest trends and developments in the Nordic financial services industry. The event was marked by energy and innovation, as industry leaders delved into topics such as infrastructure, collaboration, payments, CBDCs, P27, and harmonisation. For an immersive look at the event's key takeaways, be sure to watch the NGN highlights video and discover why it has become one of the most anticipated events in the European financial services space. https://www.finextra.com/videoarticle/2893/why-uk-infrastructure-banks-risk-appetite-is-different-to-most-banks?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2893/why-uk-infrastructure-banks-risk-appetite-is-different-to-most-banks?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 May 2023 16:54:00 GMT John Flint, CEO, UK Infrastructure Bank, speaks to Richard Peers from Responsible Risk, about the banks' role in stimulating investment in the UK's infrastructure to address, climate change mitigation, adaption, Nature based solutions and levelling up agendas. https://www.finextra.com/videoarticle/2891/reshaping-nordic-strategies-exploring-opportunities--potential-pivots-post-p27?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2891/reshaping-nordic-strategies-exploring-opportunities--potential-pivots-post-p27?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 May 2023 15:44:00 GMT https://www.finextra.com/videoarticle/2890/how-innovation--iso-20022-are-shaping-canadas-modernisation-journey?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2890/how-innovation--iso-20022-are-shaping-canadas-modernisation-journey?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 02 May 2023 14:23:00 GMT Mike Hoganson, Director, Lynx, Payments Canada, speaks in the lead-up to The 2023 Payments Canada SUMMIT about Lynx, Canada's new high-value payments system, what this means for the region's modernisation journey and the implications of ISO 20022 going forward. https://www.finextra.com/videoarticle/2887/what-the-p27-set-back-means-for-nordic-harmonisation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2887/what-the-p27-set-back-means-for-nordic-harmonisation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 28 Apr 2023 16:33:00 GMT Lars Sjogren, Independent Payments Expert & Advisor, speaks at NextGen Nordics 2023, about the recent P27 set-back, what this means for harmonisation across the Nordics and what happens next, now the project is more Swedish-focused than Nordic-focused. https://www.finextra.com/videoarticle/2886/keeping-up-the-momentum-with-open-banking?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2886/keeping-up-the-momentum-with-open-banking?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 21 Apr 2023 11:23:00 GMT Helen Child, CEO, Open Banking Excellence (OBE), speaks at Innovate Finance Global Summit 2023, discussing the progress made in Open Banking and how we can keep up with momentum and maintain the UK's global lead. https://www.finextra.com/videoarticle/2882/are-cbdcs-a-risk-or-an-opportunity-for-capital-markets?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2882/are-cbdcs-a-risk-or-an-opportunity-for-capital-markets?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 19 Apr 2023 15:17:00 GMT Speaking at Innovate Finance Global Summit 2023, Dr Ruth Wandhöfer, Speaker, Adviser and Venture Partner, considers whether different forms of digital currency and payments can live alongside each other in harmony, as well as the opportunities and risks associated with Central Bank Digital Currency. https://www.finextra.com/videoarticle/2877/game-of-loans---are-neobanks-still-challenging?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2877/game-of-loans---are-neobanks-still-challenging?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 15:19:00 GMT Speaking at Innovate Finance Global Summit 2023, Mark Mullen, CEO, Atom Bank, discusses fintech's beginnings, how it's maturing and what is happening now for neo banks as they embrace new areas of innovation. https://www.finextra.com/videoarticle/2876/building-the-banking-business-models-of-the-future?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2876/building-the-banking-business-models-of-the-future?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 14:06:00 GMT Speaking at Innovate Finance Global Summit 2023, Sam Everington, CEO, Engine by Starling, discusses how digital banks keep challenging and pivoting as they become more established in the financial sector. https://www.finextra.com/videoarticle/2875/weathering-the-fintech-winter-and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2875/weathering-the-fintech-winter-and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 12:30:00 GMT Speaking at Innovate Finance Global Summit 2023, Jaidev Janardana, CEO, Zopa, discusses the key impacts of fintech over the years, what's on the horizon, and how the sector has evolved, particularly during the so-called 'fintech winter.' https://www.finextra.com/videoarticle/2874/unlocking-the-value-of-generative-ai--large-language-models?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2874/unlocking-the-value-of-generative-ai--large-language-models?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 11:00:00 GMT Speaking to FinextraTV, Jerry Haywood, CEO, boost.ai, discusses harnessing the power of Generative AI and how financial services can leverage large language models and Conversational AI to innovate within the industry. https://www.finextra.com/videoarticle/2850/how-can-cloud-based-services-improve-customer-experience?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2850/how-can-cloud-based-services-improve-customer-experience?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 Mar 2023 12:47:00 GMT Speaking at Finextra’s Financial Cloud Summit in London, Siki Giunta, Executive Vice President, CloudSMART Offerings Strategy, Industry Cloud Consulting, HCLTech, and Mani Nagasundaram, Senior Vice President, Head Strategic Initiatives and Cloud Ecosystems, Financial Services, HCLTech, discuss how the cloud can help enterprises meet the changing needs of their customers, and why they should adopt it in light of a potential recession. https://www.finextra.com/featurearticle/2724/payments-modernisation-priorities-for-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2724/payments-modernisation-priorities-for-2023?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 03 May 2023 17:15:00 GMT Watch this webinar on the findings from the Finextra and Volante survey and the need for partnerships, cloud-facilitated A2A payment applications and payments-as-a-service. https://www.finextra.com/featurearticle/2714/iso-20022-evolution-how-to-ensure-interoperability?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2714/iso-20022-evolution-how-to-ensure-interoperability?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 05 Apr 2023 22:44:00 GMT Watch this webinar, in association with FIS Global, exploring how the standardisation of ISO 20022 is evolving and how payment systems and financial institutions are keeping up with the transformation. https://www.finextra.com/featurearticle/2712/real-time-payments-how-banks-and-fis-can-win-competitive-advantage?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2712/real-time-payments-how-banks-and-fis-can-win-competitive-advantage?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 13 Mar 2023 12:54:00 GMT Watch this webinar on how financial institutions are leveraging real-time payments to stand out against emerging competitors. https://www.finextra.com/featurearticle/2704/tapping-into-friendly-friction-to-prevent-fraud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2704/tapping-into-friendly-friction-to-prevent-fraud?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 06 Feb 2023 11:08:00 GMT While headway has been made in the fight to protect consumers against APP (Authorised Push Payment) fraud, the UK’s Payment Systems Regulator is pursuing plans to make reimbursement mandatory for victims of such scams. https://www.finextra.com/featurearticle/2703/embedded-finance-a-marketplace-differentiator-for-banks?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2703/embedded-finance-a-marketplace-differentiator-for-banks?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 17 Jan 2023 16:37:00 GMT Embedded finance is not a new concept. Corporations outside of the financial services industry have provided banking services through credit cards at shops, supermarkets, and airlines; financing at retailers; and loans at car dealerships for decades. https://www.finextra.com/blogposting/24252/navigating-the-transformational-landscape-of-transaction-banking-build-vs-buy-dilemma?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24252/navigating-the-transformational-landscape-of-transaction-banking-build-vs-buy-dilemma?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 04:48:52 GMT As businesses get digitalized and the era of "Everything Real-Time" kicks in, transaction ... https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7181 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7181 Tue, 16 May 2023 00:00:00 GMT [Upcoming Webinar] Payments Modernisation: How banks are hitting refresh