UK watchdog bans HSBC climate change ads
The UK’s Advertising Standards Authority (ASA) has banned HSBC from running two advertisements, concluding that they are “misleading” about the bank’s climate change efforts.
Morgan Stanley rolls out AskResearchGPT to institutional securities staff
Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from its extensive research library.
Moody’s warns slow AI adoption could erode margins and market share
Artificial intelligence is no longer just a technology; it’s a credit risk. That’s the message from Moody’s Ratings in its latest update to the AI Corporate Heatmap, which assesses the impact of AI advances on corporate creditworthiness through 2030.
Petersen joins ADCO board of directors
The newest board member of the Association of Dealership Compliance Officers (ADCO) is intimately familiar with what dealers need to do to satisfy demands placed by state and federal regulators. ADCO executive director Linda Robertson recently announced that Shaun Petersen, … [Read More]
Driving decisions through cloud migration and data governance
In today’s environment, data is produced and consumed at a rapid pace. However, the way it is currently being stored, accessed, and processed is inefficient.
Sustainable Finance.Live 2025: Should we all become next generation accountants?
At Sustainable Finance Live 2025, moderator Andrew Watson, co-founder of Rethinking Capital opened the panel on sustainable accounting by highlighting the transition towards an economy fuelled by intangibles, and that 1997 was the last year in which technical accountants featured in conversations taking place at COP.
ASX selects Google Cloud as preferred cloud partner
Australian Securities Exchange has selected Google Cloud as its preferred cloud partner with the aim of spurring product innovation in analytics and data.
Binance civil enforcement action dismissed by SEC
In June 2023, The Securities and Exchange Commission filed charges alleging that the crypto asset trading platform committed a variety of securities law violations.
Toronto opens fintech cluster
Toronto is the latest city hoping to become a major fintech hub, opening a dedicated cluster designed to help connect established technology and banking leaders with startups.
CFPB wants to eliminate delinquent medical bills from credit reports
Perhaps your underwriting department used information about unpaid medical bills on an applicant’s credit report when determining whether to offer auto financing and under what terms. Last week, the Consumer Financial Protection Bureau proposed a rule that would remove medical … [Read More]
Venmo, Zelle and Cash App leave users vulnerable to fraud – Manhattan DA
Manhattan’s district attorney has written to the firms behind Venmo, Zelle and the Cash App, calling on them to up their security measures in the face of growing fraud.
Paynetics buys ‘impact’ banking app Novus
Bulgarian embedded finance provider Paynetics is making an ESG play through the acquisition of UK ‘impact neobank Novus. Financial terms were not disclosed.
Google Cloud blockchain to rival Stripe and Circle
Google Cloud’s head of Web3 strategy has been talking up the firm’s Universal Ledger Layer-1 blockchain as a “credibly neutral” infrastructure for financial services, contrasting it with rival options from Stripe and Circle.
Irish banks’ mobile payments plan hits roadblock
A payments app developed by Ireland’s high street banks to compete with digital banks has hit a snag after it was announced that the Competition and Consumer Protection Commission (CCPC) would launch an investigation.
Binance pays $4.3bn and CEO pleads guilty to settle US AML charges
Binance has agreed to pay $4.3 billion to settle a long-running investigation by the US Department of Justice, with the crypto exchange’s founder Changpeng “CZ” Zhao also stepping down as CEO and pleading guilty to violating anti-money laundering requirements.