Financial institutions need to transform their entire business and operating model to achieve bespoke and modular digital solutions while improving their profitability.

Financial services technology teams have increased their productivity while working from home during the Covid-19 lockdown, largely because they have fewer interruptions, suggests a new survey from Digiterre.

Mastercard and Visa are among the suitors in talks to buy Brazilian cloud-native core banking and payments platform Pismo for around $1 billion, according to Bloomberg.

Stock trading app Robinhood is boosting its predictions market offering through the launch of a futures and derivatives exchange and clearinghouse.

EToro has constructed a passive investor portfolio composed solely of shares in 40 leading fintech companies.

The US House of Representatives Committee on Oversight and Reform has requested a briefing with Capital One over the data breach that left 106 million credit card holders and applicants in the US and Canada at risk of their personal information being stolen.

HSBC has successfully trialled the first application of quantum-secure technology for buying and selling tokenised physical gold.

Ethical investment app Clim8 has smashed through its pre-launch crowdfunding target, reaching £1.35 million from 1200 investors

Federal Reserve governor Christopher Waller was forced to abandon his remarks at a Zoom conference after a user hijacked the call and displayed pornography.

Qatari digital wallet startup Karty is gearing up for launch after securing more than US$2 million in seed funding.

Starling has become the first UK bank to issue Mastercard debit cards made of recycled plastic.