Latest Wholesale banking News: Finextra Research

CaixaBank introduces carbon footprint verification service for businesses

Spain's CaixaBank has launched a service that helps its business clients verify their carbon footprint.

13 March 2025

Singapore authorities warn of rise in deepfake corporate video calls

Singapore authorities are warning businesses of a rise in scam video calls which use deepfake AI to impersonate business bosses with the aim of duping employees into transferring funds to criminal accounts.

13 March 2025

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Binance receives $2 billion investment from Abu Dhabi's MGX

Abu Dhabi investment group MGX has invested $2 billion in stablecoin in crypto exchange Binance.

12 March 2025

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RBA bangs heads over proposals to decommission Bulk Electronic Clearing System

The Reserve Bank of Australia has called for more clarity in planning for the decommissioning of the Bulk Electronic Clearing System (Becs), arguing that the industry is yet to arrive at a shared vision of the desired features of account-to-account payments in Australia and that there has been insufficient industry coordination, planning and certainty regarding the transition.

12 March 2025

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SMB financial management platform Mimo raises $8.5m

Mimo, a UK-based platform for simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised $8.5 million in an equity round led by Project A and joined by Northzone and Seedcamp.

12 March 2025

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Exciting lineup revealed: Meet the first 10 speakers for NextGen Nordics

The Nordic payments ecosystem is among the most innovative and forward-thinking in the world. As digital payments continue to evolve and transform the financial landscape, it is crucial to have experts who can guide and shape this transformation. The following individuals — confirmed speakers for NextGen Nordics 2025 at Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 —are recognised leaders in the Nordic payments industry, and their expertise makes them the best speakers on trends within this space.

12 March 2025

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Trump's embrace of stablecoins makes digital euro more urgent - EU official

As the European Central Bank aims to complete the testing phase for a digital euro by October, a top EU official says the project is becoming more urgent in the face of America's embrace of stablecoins under the Trump administration.

11 March 2025

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FCA seeks regulatory clarity over lacklustre AI adoption by UK banks

The FCA is to host a roundtable with banking industry leaders over concerns that onerous compliance requirements are stifling investment in artificial intelligence.

11 March 2025

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AmEx to buy expense management software provider Center

American Express has entered into an agreement to acquire expense management software provider Center. Financial terms were not disclosed.

10 March 2025

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Markets unmoved by Trump's Bitcoin reserve plan

Bitcoin's price dipped on Thursday as markets were left underwhelmed by an executive order from President Donald Trump creating a strategic reserve made up of the cryptocurrency already owned by the government.

07 March 2025

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Skyfire payments network for AI agents exits beta

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

07 March 2025

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CFIT publishes Digital Company ID plan to slash UK fraud

The Centre for Finance, Innovation and Technology (CFIT) has unveiled plans for a digital company ID that it says could help slash fraud and save British businesses billions of pounds every year.

06 March 2025

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