Finextra is opening a public consultation on the competitive pressures driving the future strategy and direction of banks, as the sector grapples with a series of profound disruptions that are shaking up the once staid payments industry.
5ire has raised funding from futuristic technology group SRAM & MRAM to be dubbed the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, boasting a valuation of $1.5 billion.
The number of fintechs based in Scotland has increased threefold in the last 12 months following an initiative between government, academia and the finance industry designed to boost the sector.
Barclays Bank has contracted with HPE to deliver its private cloud platform as part of a hybrid multi-cloud strategy.
Opening their 5th SBS Summit, delivered from a venue close to the Eiffel Tower in Paris, Eric Bierry, CEO, SBS and deputy CEO, 74Software set the tone for a day of future-forward discussions, seeking to leave behind a former perception of being a dated legacy player.
Komainu, a regulated digital asset services provider and custodian backed by Nomura, has sealed a $75 million investment from Blockstream capital.
Finnish climate impact investing app Cooler Future has raised EUR1.4 million from a host of European VCs and impact angels.
The European Commission is pushing ahead with a proposed legislative amendment that would see the EU migrate to a T+1 settlement cycle by October 2027.
The Bank of London has replaced chief executive Christopher Horne less than a year after he was appointed.
American banking giant JPMorgan Chase is looking to launch its UK digital challenger in the first quarter of 2021, according to Sky News.
Lloyds Bank’s £125 million acquisition of Curve is facing a legal challenge from the London-based fintech’s largest investor.
Today marks the deadline for compliance with the Digital Operational Resilience Act (DORA) in the EU.
Finom, the Amsterdam-based financial management platform for SMEs and freelancers, has raised €50 million in Series B funding led by General Catalyst and Northzone.
Revolut has once again recorded the highest number of fraud and scam complaints escalated to the Financial Ombudsman Service (FOS).
Swift’s KYC Registry has become the first market utility to embed the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.