In its first venture into spending products, Plum has announced the launch of its degradable debit card, consolidating its position as a comprehensive money app.

The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.

The Commodity Futures Trading Commission (CFTC) has issued a customer advisory warning to the public to keep an eye out for artificial intelligence (AI) scams.

Standard Chartered’s innovation arm has enlisted the help of Starling Bank for a digital platform that will help UK savers invest in green and sustainable projects.

As Sustainable Finance Live 2023 approaches on 10 October at Events@No6 London, Finextra spoke to a few speakers to provide attendees with an insight into what’s to come. This week we spoke with Chirine Ben Zaied, head of innovation at Finastra who will be mentoring the hackathon participants, which is taking place ahead of and during the conference.

Chip has secured its first institutional investment, with the venture capital unit of UK TV station Channel 4 pumping £6 million into the digital wealth app at a £208 million valuation.

Looking to capitalise on explosive growth in cloud adoption by banking institutions, Swiss core banking vendor Temenos is extending its partnership with Google Cloud.

Lloyds Banking Group’s private equity investor LDC has backed credit risk technology provider LendingMetrics.

JPMorgan is suing customers who took advantage of a glitch in the bank’s cheque deposit service to withdraw thousands of dollars from its ATMs.

Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.

Starling Bank has opened a London HQ to house its Software-as-a-Service business Engine, creating space to house a growing staff roster, with 150 new roles to be recruited.

Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.

Indian fintech giant Cred is to move into the wealth management market with the acquisition of mutual fund and stock investment platform Kuvera.

Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.

European Union policymakers are debating whether to launch the digital euro on public blockchains as they accelerate work on the CBDC in response to the passage of the Genius Act in the US and fears that it could see dollar-baked stablecoins dominate cross-border payments, according to the Financial Times.