The Monetary Authority of Singapore has launched a $1.75 million global fintech challenge in search of solutions that can help financial institutions grapple with the existential threats posed by Covid-19 and climate change.

BBVA has moved its market data distribution network to Amazon Web Services, providing an at-scale platform for the equity markets area of its Corporate & Investment Banking unit that is capable of handling increasingly vast volumes of data

The Monzo mafia are back in business, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie on the hunt for funds for a new startup that aims to build generative AI coding tools.

Indian IT services provider Infosys announced that it has signed a $1.5 billion contract with an unnamed ‘global company’ for a 15 year period.

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.

A new report from Greenpeace and WWF, finds that UK banks and asset managers were responsible for financing 805 million tonnes of CO2 in 2019, which would make The City of London the 9th biggest emitter of CO2 in the world if it were a country – ranked higher than Germany.

The US arm of Industrial and Commercial Bank of China was hit by a ransomware attack on Thursday, forcing clients to reroute some trades.

Berlin-based payments platform for SMEs Unzer has joined the European Payments Initiative (EPI) to support the roll out of the Wero digital wallet.

Abu Dhabi Global Markets (ADGM), the emirate’s international financial centre, has further underlined its fintech ambitions with the launch of a digital sandbox.