The Bank for International Settlements in tandem with Swift and central banks from Italy, France and Germany has uncovered key challenges facing the financial system to ensure resilience in a post-quantum world.
The latest PitchBook survey finds that venture capital investors are making “strategic adjustments as they navigate geopolitical uncertainty and technological transition.”
NatWest has selected five startups to take part in its first ‘Fintech Growth’ programme.
US crypto index fund manager Bitwise Asset Management has expanded into Europe through the acquisition of London-based crypto exchange-traded product issuer ETC Group. Financial terms were not disclosed.
Mastercard is expanding its consulting services with new practices dedicated to open banking, open data, crypto and digital currencies, and ESG.
Welcome to Finextra’s live coverage of FusionONE 2019. The second day of the conference will tackle issues that concern the developers before breaking into streams, focusing on different products.
Wells Fargo is working with San Francisco-based wealth management technology startup SigFig on a digital advisory service that the bank will begin piloting next year.
HSBC has piloted the use of quantum key encryption to protect client FX trading data from the threat of increasingly powerful cyber attacks.
HSBC and BNY Mellon are among the early adopter programme participants for Quantexa’s Q Assist context aware generative AI technology suite.
Tourbillon is a new project which aims to explore how to improve cyber resiliency, scalability, and privacy as a prototype CBDC. The project has been launched by BIS Innovation Hub’s Swiss Centre.
Shamir Karkal, a former co-founder and CFO of Simple, has joined the neobank’s parent company BBVA in a newly-created role as head of Open API.
Australia’s Commonwealth Bank says it has cut customer scam losses in half in FY24 through a combination of new anti-scam technologies, cross-industry collaborations and customer education.
Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules from the Financial Conduct Authority (FCA).
Australian stablecoin startup Stables is to issue a Marqeta-powered Mastercard for USDC to fiat currency conversion at merchant checkouts, both instore and online.
Seattle-based software engineer Paige Thompson faces up to 25 years in prison after being indicted on two counts related to the Capital One data breach that affected 106 million customers.