Latest Wholesale banking News: Finextra Research

Nacha and JP Morgan's Kinexys collaborate on account validation

US clearing house Nacha is working with JP Morgan's Kinexys blockchain business to facilitate information exchange between their respective payment information networks.

28 April 2025

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Flex accelerates consumer expansion through Maza acquisition

Flex, a fintech that helps business owners automate their back offices, has acquired Maza a fintech app aimed at Spanish-speakers in a $40 million deal.

25 April 2025

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EU central banks explore synchronised settlement in FX

The Bank for International Settlements and its central bank partners have successfully demonstrated how wholesale payment infrastructures, such as RTGS systems, can interoperate with each other for FX transactions via new technologies, such as distributed ledgers.

25 April 2025

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Standard Chartered becomes first bank to join the Temenos partner programme

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor's partner programme.

24 April 2025

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TD to open New York AI office

Canada's TD Bank is opening a New York outpost of its Layer 6 AI research and development centre.

24 April 2025

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BIS project puts promissory notes on the blockchain

Project Promissa, a collaboration between the Bank for International Settlements' Innovation Hub, the Swiss National Bank, and the World Bank, has demonstrated that paper-based promissory notes can be redesigned using distributed ledger technology (DLT) to address operational challenges that make the process time-consuming and cumbersome.

24 April 2025

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The 150 leading organisations confirmed to attend NextGen Nordics 2025

The Nordic region has long stood at the forefront of digital payments, open banking, and financial technology. This legacy of innovation continues at full pace with the return of NextGen Nordics, a premier event gathering the most influential players in the financial services ecosystem. Set against the dynamic backdrop of the Nordic fintech scene, the 2025 edition of NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden promises to be the most impactful yet.

23 April 2025

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B2B buy now, pay later app Hokodo raises €10 million

BNPL for business operator Hokodo has raised €10 million in an equity funding round co-led by Korelya Capital and Opera Tech Ventures - the corporate venture fund of BNP Paribas.

23 April 2025

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Octopus Ventures to absorb Fintech Growth Fund

Octopus Ventures is reportedly preparing to take over the Fintech Growth Fund, a new funding vehicle for providing growth-stage capital to UK fintechs.

23 April 2025

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Froda raises €20m to scale embedded SME finance across Europe

Swedish embedded finance player Froda has secured €20 million in Series B financing to fuel its European expansion and provide more SMEs with financing.

23 April 2025