Nordic bank SEB has created a new unit to invest venture capital in green technology companies in the region.

The fastest growing scams of 2024 have been uncovered in a new study by NatWest which reveals 42% of British adults have been targeted by a scam in the last 12 months.

EBAday, the annual event for payments and transaction banking executives, will return on 20th – 21st of June 2023 at IFEMA in Madrid, Spain.

Frax intends to be the US digital dollar and to establish itself as “the world’s most innovative decentralised stablecoin and DeFi stablecoin infrastructure.”

Fintech Autopay has rolled out a biometric palm-authentication payment system in Poland. Meanwhile, Chinese tech giant Tencent is eying Thailand as a launchpad for its own biometrics-based payments technology in Southeast Asia.

National Australia Bank’s venture arm has acquired a stake in Zodia Custody, joining Standard Chartered, Northern Trust and Japan’s SBI Holdings as investors in the digital asset safekeeping platform.

True artificial intelligence may still be some years off but the financial services industry is already beginning to reap the benefits of augmented intelligence, says a data scientist working on IBM’s Watson.

Indian IT services provider Infosys has secured a digital transformation contract with Denmark’s Danske Bank.

The FCA has fined Santander UK Plc £107,793,300 after it found gaps in its anti-money laundering controls, affecting its business banking customers.

London-based cloud-native mortgage origination platform Mast Technologies has raised £1.2 million in a funding round led by Antler VC.

Stablecoin platform Circle is working with Standard Chartered, Deutsche Bank, Société Générale and Santander to build a cross-border payment network to rival Swift.

UBS is to buy robo addvisor Wealthfront for $1.4 billion, marking the Swiss bank’s first fintech acquisition under the tenure of CEO Ralph Hamers.

Donald Trump’s media company says it is raising $2.5 billion from institutional investors to build a bitcoin reserve.

Despite the fact that the vast majority of trust, corporate and fund services see the benefit of adopting digital technology, only a third have actually started on their digitalisation projects.