Trump preps crypto executive order
Incoming US president Donald Trump is set to release an executive order designating cryptocurrency a national priority, according to Bloomberg.
Scotiabank puts code on Github
Canada’s Scotiabank is embracing the open source developer community, posting the first of what should be many software releases to Github.
Shifting to mission-critical: What are the key drivers of cloud adoption?
Cloud adoption for financial services firms has been on the rise over the past few years – a trend that has been further bolstered by the wave of digitisation brought on by the global pandemic.
Sygnum defies Crypto Winter and grows valuation on $40 million fund raise
Swiss digital asset bank Sygnum has raised $40 million in an over-subscribed growth financing round.
Nomura rolls out account aggregation asset management app
Nomura is rolling out a new account aggregation app for consumers to track their assets at different financial institutions and build a smarter investment portfolio.
IFGS 2025: Profit is key to net zero action
At IFGS 2025, the panel, titled ‘The road to net zero: clear and decisive, or bumpy and long?’ gathered perspectives from climate finance experts on how navigating sustainable decisions require nuance amid rising complexity.
Finextra & Eastnets unveil new data on the global state of trade-based financial crime
Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).
Australia tells BNPL providers to apply for credit licences
Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.
OCBC opens developer portal for API access
Singapore’s OCBC Bank has launched a developer portal and set of open APIs to promote the integration of its data sets and applications with third-party networks and fintech startups working at its Open Vault unit.
Pico to go public via $1.75bn Spac merger
US-based financial infrastructure company Pico is set to go public through a $1.75 billion merger with fintech entrepreneur Betsy Cohen’s special-purpose acquisition company (Spac).
Money20/20: No end game for open banking
Money20/20’s annual Europe event kicked off with a stream updating the industry on the progress of open banking.
UK pension funds to back fintech startups
A consortium of 20 UK-based pension funds, asset managers and asset owners is set to invest in the country’s fintech sector.
Virgin Money launches digital wealth platform
Virgin Money has launched a digital wealth management platform for retail investors through a joint venture partnership with abrdn.
Hong Kong to issue first stablecoin licences in early 2026
Hong Kong’s financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.
FinCEN: Ransomware payments soared 77% in 2023 before dropping in 2024
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) new analysis report has detailed ransomware activity in Bank Secrecy Act (BSA) data, reaching unprecedented levels between 2022 and 2024, with total reported payments surpassing $2.1 billion.