Former Tandem alumni Ricky Knox and Nick Perrett alongside Nutmeg COO Phil Bungey have launched a new wealthtech business with £3.2 million pre-seed backing from a host of fintech founders.

UOB has deployed technology from VMware to provide its team of developers with remote desktops to support the bank’s innovation agenda without disruption due to enforced home working.

Kikapay, an early startup in the UK’s open banking scene, has become the latest fintech to fall victim to changing economic conditions.

The true benefits and complexities of transformative regulation across financial services is set to become reality in 2020, as firms work to prepare and implement systems to meet compliance standards while maintaining a competitive edge.

A new sustainable farm and food-focused digital bank is set to open in the US after raising $24 million in Special Deposit Shares.

New York is to be the host city for the first in a series of fintech-specific Hackathons, in which coders from the vendor community come together to develop and present new ideas and software programmes to an audience of venture capitalists.

UK fintech startup Revenir AI has developed a white label app for banks to help travellers claim back VAT on purchases made abroad automatically using their phones.

AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.

Deutsche Bank has joined forces with software firm Serrala to launch an API interface for Sepa instant payments for corporates using SAP enterprise resource planning software, taking a step towards real-time treasury.

Max Chuard, Temenos CEO, opened the Temenos Community Forum 2022 (TCF) introducing a number of the key themes to be covered during the conference, from embedded finance, to disruptive technologies, disintermediation, new business models, composable services, and sustainability.

The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman’s technology strategy

Swift and NPP Australia have created an API sandbox for third party vendor to test new innovations leveraging the country’s real-time payments system.

The UK’s Financial Conduct Authority (FCA) has set out plans to support tokenisation in asset management, arguing that the technology can drive innovation and growth in the sector.

The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.

In a move to help stop bank impersonation scams, Westpac has teamed with telco Optus to introduce a new verified in-app calling capability.