Despite investing more than $1trn globally in new technology over the last three years, the majority of banks have yet to see any financial boost from their digital transformation programmes.

IBM has launched a public cloud platform designed specifically to meet bank requirements for regulatory compliance, security and resiliency and brought Bank of America onbopard as its first client.

Hong Kong Exchanges and Clearing (HKEX) has launched an international carbon marketplace to connect capital with climate-related products and opportunities.

Lloyds and Mercore have completed a series of transactions that have featured the secondary participation in an accepted digital bill of exchange.

Acknowledging the understanding that, for sustainable finance, there are a lot of opportunities but equally a lot of money and investment needed, a panel of experts at SF.live tackled how to reinvent the value of nature as an asset class.

HSBC in Hong Kong is offering mobile customers with as little as HK$100 to invest the opportunity to build a stake in six bond and equity index funds.

Westpac is rolling out fibre optic network technology across all of its branches in an initiative to boost download speeds for customers and improve video-conferencing connectivity.

Barclays bank is to ramp up invesments in climate tech startups to £500 million, with a specific focus on decarbonisation opportunities.

Finastra has published a five-point plan to tackle gender bias in algorithms.

Deutsche Bank has announced plans to axe as many as 450 full time and contractor roles in its Dublin office.

In the wake of Finextra Research’s SustainableFinanceLive event, Richard Peers of ResponsibleRisk spoke with Damian Payiatakis, head of impact investing at Barclays and David Newman, co-founder of software fintech Delio, to dissect their new impact investing platform, Impact Agora.

Struggling French payment firm Worldline plans to raise €500 million in fresh equity to support a turnaround programme aimed at restoring cash flow generation.

Revolut is to launch in the UAE after securing in-principle approval from the Gulf region’s central bank.

Social media app X will roll out investing and trading services “soon” and is also pondering its own debit or credit card, claims CEO Linda Yaccarino.

UK card reader SumUp has reportedly called in investment bankers to measure demand for a potential IPO that could value it at £15 billion.