A five-person team from Malaysia has walked away with a $100,000 prize after emerging victorious in the grand finale of MasterCard’s globe-trotting Masters of Code hackathon.

A US judge has granted a preliminary injunction that temporarily blocks enforcement of the Consumer Financial Protection Bureau’s open banking rule.

The cloud propels financial institutions (FIs) forward and provides the opportunity to scale in line with market demands such as volatility in the capital markets space, new regulations in banking and payments or increasing data assets in the insurance industry.

Finextra sat down with chief technology officer at EQ Bank, Dan Broten, at the Temenos Community Forum in Vienna this May, to explore how the cloud can be leveraged to accomplish ESG goals.

After securing its first payment-for-data deal with Plaid in September, JPMorgan has now updated contracts with fintech firms that make up more than 95% of data pulls on its systems.

Lond-based LHV Bank has signed a deal with OpenAI to licence ChatGPT Enterprise, providing unlimited access to the GenAI toolset for all of its employees.

Australia’s banks have begun the roll-out of a nationwide Confirmation of Payee programme to help protect customers from being tricked into sending money to criminals.

Join us at our inaugural London event this November to redefine the role of AI in financial services.