Scotiabank is moving customer data onto Google Cloud and tapping the firm’s data analytics and AI technology in a move the Canadian bank hopes will lead to more personalised and predictive services.

VC fund Octopus is to grow its shareholding in embedded investment platform Seccl as co-founders Dave Harvey and Hugo Thorman depart the business.

BNY Mellon’s Pershing unit has unveiled a host of initiatives designed to help clients streamline and digitise their wealth management efforts.

HSBC, Lloyds, TSB, and AIB have been rebuked by the UK’s competition watchdog for failing to meet rules on providing customers with clear and up-to-date information.

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack “keeps me awake at night”.

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

Card giant Visa is taking aim at the UK’s burgeoning account-to-account market through its new pay-by-bank offering.

Norm Ai, a US RegTech that has built an AI platform for converting regulations into computer code, has raised $27 million in Series A funding from a host of financial institutions.

DBS is putting a patch of outdoor space at one of its buildings to use by creating a community farm where employees can grow edible plants and herbs.

Both consumers and businesses, as technology has developed, have begun to rely on global payment services for a variety of uses. As the process becomes more and more digitised, fintech firms are focussed on better speeds and transparency whilst remaining just as, if not more, secure.

The Royal Bank of Canada is backing a new incubator programme for fintech and cybersecurity startups.