Polish identity verification vendor Authologic has closed on an $8.2 million Series A funding round.

As part of Finextra’s fifth Sustainable Finance Live conference, a concurrent Hackathon is taking place. The collaborative event will take place from the 29th of November to the 2nd of December and teams will have access to workshops, panels and the necessary technology to develop projects in real-time.

Leading lenders to the global aviation sector — Bank of America, BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale and Standard Chartered — are working together to develop a climate-aligned finance framework to support decarbonisation in the industry.

Barclays has led a £2 million seed funding round for WealthOS, a cloud-native and API-driven core wealthtech startup.

“We are told consistently by financial leaders that trillions of dollars of capital are committed to transforming economies cities, etc. to achieve net zero, yet many of you have noticed that the despite the large amounts quoted the flow appears to be a trickle,” said Simon Perham, head investor outreach Europe, at Carbon Tracker, who moderated the first panel of the day at Sustainable Finance Live 2023.

Commonwealth Bank of Australia is to help validate bank account details used in international payments to Australia by integrating its NameCheck technology with JPMorgan’s blockchain network Liink.

Credit ratings agency Experian is to include rantal payments in its credit scoring system as part of a major overhaul that better reflects how credit applications are assessed, giving people a clearer picture of their borrowing potential and more ways to improve their score.

Starling Bank has released their Bills Manager feature to assist over 460,000 small businesses manage their budgets.

Canapi Ventures, a VC firm focussed on fintech startups, has raised $750 million for its second fund.

From 8-9 December 2020, Finextra and ResponsibleRisk brought together experts in the sustainable finance space to discuss how stakeholders can re-imagine the role of risk modelling.

UBS has invested in wealth management tech firm SigFig as part of a strategic alliance that will also see the San Francisco startup create digital tools for the Swiss bank’s US advisors.

JPMorgan Chase is to buy digital wealth manager Nutmeg to bolster the forthcoming launch of its digital bank in the UK later this year.

UK digital challenger bank Chase is launching its first credit card, offering customers 0% interest on purchases for up to 15 months.

US states should assess gaps in their data privacy laws to ensure Americans are protected in an era when financial institutions are increasingly bidding to monetise their customers’ data, according to the CFPB.

Weeks after it suffered a major cyberattack, MoneyGram has replaced CEO Alex Holmes with Walmart executive Anthony Soohoo.