Mastercard has teamed up with Swedish fintech Doconomy to develop a carbon calculator that banks can integrate into their apps to give customers a snapshot of the emissions generated by their purchases across spending categories.

BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant’s commercial models.

The Office of the Comptroller of the Currency (OCC) has hit Morgan Stanley with a $60 million penalty for failing to properly decommission two wealth management data centres in 2016.

UBS has joined a group of cash-rich VCs in a $50 million funding round for robo-advisory outfit SigFig.

Data is just the beginning. Financial institutions (FIs) are now hyper-focused on surfacing meaningful, timely, and actionable insights from proprietary and third-party data. Technologies such as the cloud and artificial intelligence (AI) are forming new partnerships between humans and machines.

Wealth management platform FNZ has begun the roll out of ChainClear, its blockchain-based fund trading and settlement system, to the South African funds market.

Starling Bank has acquired accounting software firm Ember in an effort to extend its offering for the small business banking market.

A new phishing malware strain that mimics legitimate apps to steal user credentials and banking data has emerged in Eastern Asia.

France’s competition authority has launched a public consultation into the fintech sector, with a focus on payment services.

Danish wealthtech startup Performative has snagged €5.5 million in a seed round led by FinTech Collective.

Setting the tone for the second day of Temenos Community Forum, Dr Jonnie Penn, associate teaching professor of AI ethics and society, University of Cambridge delivered a speech on both the growth of AI and the task of governing its ethical standards.

The team behind ABN Amro’s Tikkie payments app has developed a full-service neobank designed for young people.

The Swiss arm of BBVA is launching a digital investment account that lets users build portfolios based on themes such as climate change and technologies including 3D printing while also providing a cryptocurrency wallet.