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UK Government launches call for evidence on banking APIs

The UK Government has formally launched a ‘call for evidence’ on the benefits of greater data sharing and use of open data in banking, as part of moves to support the growth of Britain’s emerging fintech sector and deliver better deals for customers.

TP Icap launches climate index

TP Icap is teaming up with environmental risk management outfit Speedwell to launch an index that uses global weather data to track climate change thereby allowing financial risk related to the rate of change to be traded.