A common thread has emerged from COP16: private finance mobilisation will define the scale at which progress grows in the coming years, but it cannot do it alone.

Real-time payments platform Volt has teamed up with sustainability fintech ekko to help retailers and their customers support the removal of plastic bottles from the ocean.

DBS is to recruit 150 of Singapore’s top technology talent to bolster its AI and blockchain capabilities via its hack2Hire programme.

London-based fintech Mnaara.com, a startup offering investors access to global private funds while complying with Islamic finance principles, has completed a US$500,000 pre-seed round funded by investors from the UK, US, Middle East and Singapore.

India-based digital payments firm Paytm has announced the launch of AI Cloud India, a platform designed to help developers, startups and small businesses create their own payment-related apps and services.

At the annual Merchant Payments Ecosystem conference in Berlin, businesses and leaders in payments come together to exchange ideas, perspectives, and visions in the merchant payments industry.

Lloyds Banking Group has invested €3 million in technology company Enigio to expand its use of digital documentation in trade.

IMP+ACT Alliance today launched the IMP+ACT Classification System (ICS), which will allow asset managers to self-report how they classify, measure and manage ESG impact, serving financial risk mitigation strategies and advancing global goals such as the UN’s Sustainable Development Goals (SDGs).

Australian AI decisioning platform for bank business lending, Rich Data Co., has signed its first major US deal with M&T Bank Corporation.

Cloud9, a New York-based supplier of voice trading software, has raised $17.5 million in a Series B funding round led by UBS and joined by existing investors JP Morgan and Barclays.

London-based RegTech Cube has acquired operational risk AI and technology provider Acin. Financial terms were not disclosed.

African financial services giant Old Mutual is moving to the cloud, with Amazon Web Services (AWS) as its preferred provider.

The innovation and ventures unit of Standard Chartered has joined forces with asset manager Franklin Templeton to launch a “wealth, health and lifestyle” consumer platform in Singapore.

A vast majority of consumers are concerned that increasingly sophisticated AI will be used for financial scams and a similar number expect their banks to use the same technology to protect them, according to recently published research

Green fintech Iceberg Data Lab has launched a new product that harnesses generative AI technology to generate real-time, text-based and fully sourced explanations in response to questions regarding the ESG data of portfolio companies.