In a bid to clamp down on greenwashing, the Financial Conduct Authority (FCA) is proposing a package of new measures including investment product sustainability labels and restrictions on how terms like ‘ESG’, ‘green’ or ‘sustainable’ can be used.
The Australian Securities and Investment Commission (Asic) is suing HSBC for failing to adequately protect customers scammed out of millions of dollars.
Deutsche Börse has selected Google Cloud to provide the backbone for a new digital asset business platform that will aim to establish an institutional-grade ecosystem for crypto trading.
UK startups outside of London should have more than one founder, ensure gender diversity and join an accelerator, according to the findings of a recently published report.
HSBC has signed a multi-year deal with DevOps platform CloudBees to standardise software delivery for over 23,000 developers globally.
Private equity firm Amerbourgh has sold a 35% stake in Dutch core banking vendor Ohpen to NPM Capital.
Revolut has opened a waitlist for its first ultra-premium business card, Titan.
The UK government is opening a “scale-up unit” designed to support and guide innovative fast-growing fintechs, banks and insurers.
DZ Bank and BayernLB have traded an over-the-counter interest rate derivative in the form of a digital smart derivative contract, with the resulting payments settled daily via Deutsche Börse.
Swedbank is to acquire Barclays’ ownership stake in Nordic card company Entercard for $275 million
British mortgage technology firm Twenty7Tec has acquired AI-based digital engagement specialist Meet Parker for an undisclosed sum.
RockWallet has announced its acquisition of Wyre’s full customer base after the cryptocurrency payment platform shut down in June 2023.
Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.
Middle Eastern investment bank EFG Hermes has acquired a minority stake in Danish fintech Kenzi Wealth.
ANZ has introduced a ‘Digital Padlock’, which enables customers to shut down access to accounts if they suspect they are being scammed.