FinTech Futures: Top five stories of the week – 12 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The firm plans to scale its lending business Curve Flex across the UK, EU and US.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
CEO Ulrich Körner says the restructuring is a “historic moment for Credit Suisse”.
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
Both deals are expected to close in H1 2023.
We are delighted to be featuring Marinela Tudoran, winner of W.I.T. Award at the Banking Tech Awards USA.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Ulrich Körner replaces Thomas Gottstein, who is leaving Credit Suisse after 23 years.
Horta-Osório resigns after it was found he broke Swiss and UK Covid-19 isolation rules.
Hannaford spent 25 years at Goldman Sachs in London and New York.
Orazio Tarda joins the Swiss bank after a long spell with HSBC.
The firm has now raised around $24 million in total.
“The opportunity to reduce our total cost of ownership was a key driver,” says bank.
A list of how some major banks are responding to COVID-19 remote working policies.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Its NEXT Investors team will be looking for the next group of firms to invest in.
Asset-backed funds come from Credit Suisse and Crédit Agricole.
Boosting BlueVine’s combined debt and equity funding to $518 million.
First live transaction using HQLAx’s securities lending app on R3’s Corda blockchain platform.
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
IPSoft’s virtual agent Amelia is not just smart, but also has human qualities such as emotional awareness.
Just when you thought there couldn’t be more following yesterday’s (9 November), Wednesday’s (8 November) and Tuesday’s (7 November) fintech funding round-ups, here’s more news action. Featuring Crux, Accern and Blume Ventures.
SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has revealed that its original agreement with Credit Suisse was recently expanded to include the processing of listed derivatives brokerage fees which began in February of this year.
The UBS-led effort to create a digital cash model for payments and settlement on blockchain has got six new banks onboard, according to the Financial Times. As Banking Technology reported in August last year, BNY Mellon, Deutsche Bank, ICAP and Santander joined UBS and Clearmatics to advance their utility settlement coin (USC) concept, and plan […]
Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.
How a vendor’s acquisition of a big bank’s platform has led to the development of a utility. Credit Suisse talks about its fees and expense management transformation journey.
Delta Capita has been appointed as managed service provider to Credit Suisse EMEA Structured Products business. A number of existing Credit Suisse team will transfer to Delta Capita as part of the deal.
Zurich-based non-profit organisation, openfunds, has created a global standard for the characterisation of investment funds. The goal of the new standard is to improve efficiency, transparency and reliability by eliminating potential sources of error and ambiguity during fund data interchange. Openfunds is now calling for a global adoption of the standard. The standard is published […]
Exchange group SIX and Switzerland’s five largest banks are in talks over a joint mobile payments platform for the country. SIX, retail chains Migros and Coop, and telecoms company Swisscom are planning to create a standardised digital payment system for consumers in Switzerland. A joint statement from the banks – UBS, Credit Suisse, Raiffeisen, PostFinance […]
Nine major global investment banks have formed a partnership to explore the potential of distributed ledger technology in financial markets. The project, led by financial technology company R3, aims to create early standards for the emerging technology that will make it easier and more efficient as it grows.
Fixed income markets have historically been a bastion of high-touch trading, with manual processes, large tickets and little standardisation. But as recent years have seen inventory slashed and balance sheets cut in face of rising regulatory pressure, finding liquidity has become more of a challenge. A group of banks are hoping to reinvigorate the market though a standardised messaging system.
Financial information services company Markit is aiming to create the largest financial markets messaging community and remove barriers to cross-market communication through its open messaging initiative and supporting technology, Markit Collaboration Services.