The industry group for Australia’s startup sector, Fintech Australia, has given its support for the government’s proposals to implement scam obligations for financial services firms.

Bank of Ireland (BoI) was hit by another outage on Friday when its mobile banking app went down for around four hours.

The US Federal Deposit Insurance Corporation (FDIC) is looking at plans to protect customers from fintech failures, reports Bloomberg Law.

Visa has unveiled a package of sustainability-focused benefits for account issuers designed to enable and encourage their cardholders to go green.

The Monetary Authority of Singapore has gathered a consortium of banks and technology partners to study the application of Quantum Key Distribution (QKD) as a defensive mechanisim against the threat posed by super-fast computing power.

Atom Bank is to assess the climate risks of its mortgage book using profiling technology from Kamma.

Financial inclusion and security will be one of the challenges at what is being billed as the world’s largest blockchain and AI hackathon, taking place in the Netherlands this April.

SVB Financial Group has announced that its venture capital business, SVB Capital, will be sold to an entity affiliated with Pinegrove Capital Partners.

Nordea has set up a site for developers to experiment with the bank’s Open Banking APIs in a quest to become the “go-to hub” for banking APIs in the Nordics.

Standard Chartered has embedded its FX API service on the Temenos Exchange ecosystem, becoming the first bank to join the core banking vendor’s partner programme.

As the cost-of-living crisis continues, new research from LHV Bank reveals that 46% of UK adults are struggling to save regularly, despite reported income increases for nearly a third of the population.

German RegTech Hawk AI has brought in HSBC compliance veteran Michael Shearer as chief solution officer.