In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.
Bank customers in Switzerland can now bundle their accounts from various banks into one banking or fintech app following the roll out of the bLink open banking API from SIX.
Fundbox has bolstered its embedded capital infrastructure for small businesses by acquihiring the founders of Vaya Technologies.
Indians will be able to authenticate payments made through the country’s Unified Payments Interface via facial recognition or fingerprints, according to Reuters.
Climate tech startup Allinfra has raised $6 million in a Series A round led by Nomura.
Revolut is implementing a regulatory reporting and risk platform from Nasdaq to support its global growth ambitions.
SC Ventures, the fintech invesment and incubation arm of Standard Chartered, has collaborated with the startup studio of French multinational utility Engie Group, to launch Qatalyst, a due diligence platform for carbon finance markets.
The European Payments Alliance (EuroPA) and European Payments Initiative (EPI) are joining forces to explore ways to make it easy for consumers to send and receive payments seamlessly across the continent.
BTG Pactual, the largest investment bank in Latin America, has issued its first stablecoin through Mynt, the Bank’s crypto platform.
Australian digital lender UBank has released an open source toolkit on Github to help iOS developers improve the accessibility of apps for people with disabilities.
Finland, Sweden, Norway, Denmark and Estonia are developing an offline card payment systems to avoid outages if online services are knocked out, according to Reuters.
UK B2B cross-border payments outfit Sokin is targeting international growth after securing $50 million in Series B funding led by Prysm Capital.
BNP Paribas has made a move into the robo-advisory sector, buying a majority stake in Belgian specialist Gambit Financial Solutions. Terms of the deal were not disclosed.
Plaid today announced that after two years in beta, its machine learning (ML) risk engine, Signal, will be available to customers seeking to upgrade their automated clearing house (ACH) transaction services with fraud detection.
BUX, the European neobroker owned by ABN Amro, has been fined €1.6 million by Dutch regulators for paying finfluencers, existing customers and comparison websites for introducing new customers.