HSBC launches ESG Index
HSBC has launched a global Index that uses artificial intelligence to help measure the improvement of a company’s ESG credentials and their potential for positive financial performance.
AdviserSoftware and InterGen Data uncover key risks of DeepSeek
AdviserSoftware.com, part of FTRC, has collaborated with Robert Kirk, founder and CEO of InterGen Data, an AI-based financial lifetime events prediction service, to identify risks and recommendations for navigating DeepSeek.
Canada fines Binance C$6m for AML violations
Cryptocurrency exchange Binance has been fined C$6 million by Canadian authorities for violating money laundering and terrorist financing laws.
CMA outlines competition concerns with AI Foundation Models
The Competition and Markets Authority (CMA) has identified key risks to fair competition in AI Foundation Models (FMs), growing concerns as AI rapidly develops in the financial industry.
Canada fines Binance C$6m for AML violations
Cryptocurrency exchange Binance has been fined C$6 million by Canadian authorities for violating money laundering and terrorist financing laws.
Biometric card pioneer Zwipe backs out of payment card market
Biometric card company Zwipe is backing out of the payments market following disappointing uptake of its fingerprint-powered contactless cards.
Fintech funding slowdown accelerates in H1 2023
UK fintech funding has dipped in the first half of 2023, as total cash raised reached $2.9 billion in the first six months, a 37% slump compared to the later half of last year, according to new figures from industry body Innovate Finance.
VyStar Credit Union fined $1.5m over bungled online banking migration
Florida-based VyStar Credit Union has been hit with a $1.5 million penalty over the botched rollout of a new online banking system that saw members unable to access their accounts and money.
2 alleged arson incidents concern ARA about insurance
Scalable Capital raises €155 million
Digital wealth management platform and online broker Scalable Capital has sealed a €155 million equity financing round.
Tesla to cut over 10% of workforce in global retrenchment
Tesla Inc. will slash global headcount by more than 10%, Elon Musk wrote in an email to staff, as the…
Visa invests in Railsbank
London-based open banking and regtech platform Railsbank has topped up its Series A funding round with investments from Visa and Japanese VC Global Brain.
Boerse Stuttgart Digital hires Solaris tech lead as CTO
The digital assets arm of Boerse Stuttgart has hired Solaris tech chief Dennis Winter as CTO.












