Tagged: bnp paribas

BNP Paribas Announces Participation in Eurosystem Trials of Wholesale Settlement DLT Solution

BNP Paribas participated in Eurosystem trials of wholesale settlement DLT solution Eurosystem accelerates innovation and experiments wholesale settlement solutions for DLT transactions with BNP Paribas. BNP Paribas claims that it is at the forefront of financial innovation, testing all three solutions in the Eurosystem’s wholesale… Read More

BNP Paribas Wealth Management Shares Key Investment Trends Expected in 2025

BNP Paribas Wealth Management noted that in 2025, investors should keep front of mind a few select trends, especially in a challenging context. First, BNP Paribas noted that lower interest rates will support “leveraged asset classes,” such as real estate, infrastructure and private equity. Furthermore,… Read More

BNP Paribas, Vanderlande, Surecomp Drive Completion of Swift – ICC API Pilot Trade Finance Guarantees

Surecomp announced that, together with BNP Paribas and Vanderlande, it has reportedly piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce (ICC). The Application Programming Interface (API)-based communication channel enabled Dutch logistics company Vanderlande – a key player focused on … Read More

Swift to Debut AI-Based Fraud Detection in January, 2025

Swift is planning to roll out new AI-enhanced fraud detection for the global payments industry. It will be available in January 2025. The new capability builds on Swift’s existing Payment Controls Service by drawing on pseudonymized data from the billions of transactions that flow over… Read More

HSBC to Acquire Private Banking Activities of BNP Paribas in Germany

BNP Paribas (EPA: BNP) announces that it has signed an agreement with HSBC (NYSE: HSBC) for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management among the top leading players in Germany and bringing its AuM1… Read More

Eurozone Sovereign Digital Bond Issuance for Republic of Slovenia Reportedly Issued and Placed by BNP Paribas

On 25 July 2024, BNP Paribas arranged and placed the first ever Sovereign digital bond issuance for Eurozone and EMEA, the Republic of Slovenia with on-chain settlement using the Banque de France’s (BdF) tokenized Cash solution provided within the European Central Bank’s (ECB) wholesale central… Read More

BNP Paribas and QuantumStreet AI Launch Fintech Index in Brazil

European banking giant BNP Paribas announced that it has launched the BNP Paribas Cross Asset Trend and AI Index in Brazil in partnership with AI-driven investment solutions company QuantumStreet AI. The newly launched index marries traditional trend-based investment strategies with advanced AI technology provided by… Read More

BNP Paribas and BPCE to Focus on Enhancing Payments

With this strategic partnership project, BNP Paribas and BPCE wish to take a major new step in the payments field by jointly acquiring the best technology for processing payments for card holders and merchants. This processor would handle all card payments “from BNP Paribas and… Read More

United Fintech Acquires Investments from BNP Paribas and Citi

BNP Paribas (EPA: BNP) and Citi (NYSE:C) have become the first institutional investors in United Fintech Group Limited, a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi. United Fintech is also in advanced talks “with other leading strategic investors… Read More

BNP Paribas Release Alternative Investment Survey Findings

BNP Paribas (EPA: BNP), Europe’s global bank, and its Prime Services business published its annual 2024 Alternative Investment Survey. BNP Paribas’ Capital Introduction Group “surveyed 238 allocators in December 2023 and January 2024, who invest or advise on $1.2 trillion in hedge fund assets.” This… Read More

BNP Paribas Wealth Management Shares Key Investment Themes and Outlook for 2024

In 2024, a few select trends could guide investors’ portfolio allocation, according to an update shared by BNP Paribas (EPA: BNP). First, the impact of higher interest rates that has “not yet been fully reflected in growth and some shortages of commodities and consumer goods… Read More

Justin Orgel of Marigold: Industry Veteran Comments on Concerns Consumers Have Regarding Data Collection by Financial Institutions

We recently connected with Justin Orgel from Marigold, a global MarTech that works with over 40,000 brands and organizations worldwide to help them identify and create strong relationships with their customers. The company offers industry-tailored MarTech and loyalty solutions that support the entire customer lifecycle… Read More

Institutional Investors Are Mobilizing Capital Towards Investments that Will Deliver Positive Impact, BNP Paribas Report Claims

A BNP Paribas survey of 420 asset owners and managers, hedge funds and private equity firms shows that institutional investors are mobilizing capital towards investments that will deliver measurable positive impacts alongside financial returns. Despite data constraints posing the biggest barrier to ESG integration, “especially… Read More

FIA Tech, a Futures Industry Technology Provider, Raises Additional $25.4M

FIA Tech, which claims to be a leading futures industry technology provider, announced that it raised an additional $25.4 million in a funding round “led by six existing shareholders, Bank of America, Barclays, Citi, Goldman Sachs, J.P. Morgan and Wells Fargo, in addition to BNP… Read More

BNP Paribas Joins LendInvest’s £300M Mortgages Financing

LendInvest PLC (AIM: LINV) has revealed that BNP Paribas SA joined its £300 million financing syndicate with HSBC Holdings PLC and Barclays PLC in order to support the ongoing growth of its short-term mortgages. LendInvest is a London-headquartered  non-bank mortgage lender, and BNP Paribas is… Read More

France: Authorities Search Five Big Banks Regarding Allegations of Fraud, Money Laundering

The French national financial prosecutor’s office (Parquet Financier National – PFN) announced today that it has engaged in multiple search operations at five banking and financial services firms located in Paris and La Defense (a suburb of Paris). According to the prosecutor, the actions are… Read More

BNPL: Fintech Hokodo, BNP Paribas to Launch a Buy Now, Pay Later Solution

Fintech firm Hokodo joins forces with French international banking group BNP Paribas in order to deliver a frictionless B2B Buy Now, Pay Later (BNPL) solution that “enables large multinational corporates to provide payment alternatives to their business customers.” Together, BNP Paribas and Hokodo will “offer… Read More

Carbonplace Announces New CEO, Secures $45 Million in Funding

Carbon credit transaction network Carbonplace has raised $45 million in “a strategic round of investment and formed its own entity.” Carbonplace, which “connects buyers and sellers of carbon credits through their banks, secured the seed funding from the financial institutions which founded the fintech: BBVA,… Read More

BNP Paribas Asset Management Appoints Geoff Dailey as Head of US Equities

BNP Paribas Asset Management (BNPP AM) announces the appointment of Geoff Dailey as Deputy Head of US Equities, with effect from February 2023. He will succeed Pamela Woo as Head of US Equities “following her planned retirement at the end of June 2023.” Pamela retires… Read More

BNP Paribas, SimCorp to Offer Connected Banking, Insurance Accounting Solution

The Securities Services business of BNP Paribas, a global multi-asset servicing specialist with EUR 10.8 trillion in assets under custody and EUR 2.3 trillion in assets under administration, has expanded its strategic partnership with SimCorp, a provider of SaaS investment management solutions, in order “to… Read More

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