Money20/20: Building a net zero bank
Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?
Can a bank be fully net zero? And where can climate-conscious consumers turn to make ethical, sustainable payments?
Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.
Zaion, a French provider of conversational AI for banking chatbots, has secured an €11 million fundraising round led by 115K, La Banque Postale’s venture capital fund.
The number of UK banks investing in technologies such as virtual reality and augmented reality is falling as the Metaverse hype fades away.
Fintech giant Revolut is rolling out in-app calls to help retail customers quickly expose impersonation scams.
The UK Government has confirmed plans to abolish the Payment Systems Regulator, slashing red tape in a bid to boost economic growth.
First Direct and Nationwide top the UK’s first retail banking customer experience (CX) index, created by data analysis and consulting firm Kantar
The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for generative AI tools, like ChatGPT, to disclose the copyrighted material used in developing their programmes.
US and European officials have begun an “informal dialogue” on consumer financial protection issues, focusing on the rise of Big Tech in payments; the use of AI in lending; and the emergence of buy now, pay later.
The Bank of Israel has been experimenting with technology that would allow some CBDC payments to be made anonymously.
A new blockchain-based reporting platform set to launch later this year has vowed to cut 80-90% of asset managers’ regulatory reporting costs once it goes live later this year.
Baiju Bhatt, the co-founder and chief creative officer of online stock trading firm Robinhood, has resigned from the company to “pursue other entrepreneurial interests”.
Australian neobank Up Bank, has launched savings service Maybuy. Maybuy is designed as an alternative to Buy Now Pay Later (BNPL) products which have become increasingly popular in recent years.
Entrust, a provider of security services for payment cards, passwords and access controls, has confirmed that it has entered exclusive negotiations to acquire ID verification outfit Onfido.
Are Instant Payments and Open Banking a match made in heaven? The resounding answer was yes at an EBAday 2019 session on the current status of real-time payments and open banking initiatives in Europe.