StanChart completes blockchain bond project in Philippines
A blockchain proof of concept for the digital issuance of retail bonds in the Philippines has been successfully completed by Standard Chartered.
FNZ scores deal to provide blockchain tech to South African investment industry
Wealthtech provider FNZ has struck a deal with FinSwitch to provide a new blockchain-enabled administration utility for the South African fund management industry.
‘Try-before-you-buy’ payments startup Elyn raises €2.5 million
French ‘try-before-you-buy’ startup Elyn has raised €2.5 million in a pre-seed funding round led by Headline and Sequoia Arc.
Mastercard and Standard Chartered pilot tokenised deposits
Mastercard has teamed up with Standard Chartered on a proof-of-concept pilot exploring tokenised deposits and tokenised carbon credits.
Finextra’s top impact study reports of 2023
With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.
Banks and payments hit as faulty CrowdStrike update causes global Microsoft outage
Banks and card payment systems are among the victims of the worldwide tech outage on Microsoft platforms.
TransUnion data breach hits 4.4 million consumers
Credit bureau TransUnion has gone public on a data breach that exposed the personal information of more than 4.4 million consumers.
Lender-in-a-box startup Kennek raises $12.5 million
London-based fintech Kennek has raised $12.5 million in a seed funding round led by HV Capital and supported by Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures and Syndicate One.
BBVA overhauls mobile app with AI and virtual financial coach
BBVA has overhauled its mobile app to offer faster response times and more personalisation through AI integration.
FSB strengthens regulatory framework for crypto-assets
The Financial Stability Board (FSB) has published a global regulatory framework for crypto-asset activities based on the principle of ‘same activity, same risk, same regulation’.
ANZ goes to tender for new systems integration partner
ANZ is in the market for a systems integration partner as it begins a journey towards new agile ways of working.
Digitisation is a priority for ESG initiatives – Paymentology
ESG has a new meaning in 2024, with more and more financial institutions becoming increasingly transparent in their sustainable principles, and governments pushing harder for green regulation within the industry.
COP26: UK to force financial firms to publish plans for achieving Net Zero
Speaking at the COP26 climate conference in Glasgow, chancellor Rishi Sunak says the UK Government will force financial institutions and UK-listed companies to publish plans on how they will decarbonise and transition to net zero.
AI-created digital documents and deep fakes pose biggest threat to financial services
Digital document manipulation using AI and deepfakes have been revealed as the biggest growing threats facing the financial services industry going into 2025, according to a report by the Entrust Cybersecurity Institute.
Triver raises £7 million to provide SMEs with instant capital
Triver, a London-based startup that uses open banking data and AI to provide short-term working capital to SMEs, has raised £7 million in seed funding.