The European Central Bank is to set up a climate change centre, uniting the disparate work streams operating across the bank.

Just months after announcing a hiring spree, cloud-native core banking vendor Thought Machine is laying off around eight per cent of its workforce.

Nutmeg chief executive (CEO) Sanjiv Somani has quit his role at the JP Morgan Chase-owned digital wealth manager.

Global blockchain platform Binance has launched a Sharia-compliant multi-token in alignment with Islamic principles to promote inclusivity in crypto-trading.

Ratings and analytics provider S&P Global has struck a deal with Accenture to train its entire 35,000-strong workforce in generative AI.

PayPal Ventures has led a $14 million Series A funding round for nocnoc, a firm that helps facilitate cross-border e-commerce between global sellers and Latin America.

National Australia Bank has signed a multi- million dollar, long-term deal with Amazon Web Services to accelerate the migration of critical workloads to the cloud.

Venture capital fund managers who have signed up to the Investing in Women Code are more likely to invest in female founders, according to a UK government report.

UK challenger bank Tandem has posted its second successive year of profitability as it attracts customers with its green focus.

European authorities have arrested nine people in connection with a cryptocurrency money laundering network that defrauded victims of more than €600m

A recent Citi Global Wealth Investments (CGWI) report has predicted the weakest annual global economic growth in forty years, outside of the global financial crisis and pandemic shutdowns.

A shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering regulations in 2021, and it still finds it difficult to recruit and retain staff with these skills, acording to a report by the National Audit Office (NAO).

Swiss financial technology house Avaloq is setting up a venture fund to invest in and support startups and fast-growing fintech businesses

Santander has scored a significant High Court victory in a push payment fraud case over its responsibility to return £415,000 that was sent to a scam account.

Moov Financial, the US startup behind an open source embedded banking platform, ha raised $27 million in a Series A funding round led by a16z.