Sustainable investment app Clim8 has closed its latests crowdfunding campaign on Crowdcube, hitting £2.85 million from 1800 investors.

US Bank has unveiled a spend management platform to help businesses monitor, track, and control their card-based spending.

Swedish buy now pay later (BNPL) platform Klarna prepares for its New York listing, despite reporting a net loss in Q2.

Ireland’s Government has committed to the establishment of a shared fraud database between financial institutions, utility companies, and payment companies, against a backdrop where scammers stole almost €100 million in 2023.

Kotak Mahindra Bank has opened an API developer platform to spur third party innovation across the bank’s datasets.

JPMorgan Asset Management has launched its first tokenized money market fund on the public ethereum blockchain.

Cloud-native core banking provider Thought Machine has hit unicorn status thanks to a $200 million Series C funding round joined by the investment arms of some of its top bank clients, including JPMorgan Chase, ING and Standard Chartered.

The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.

UK, US and EU among the signatories on the Council of Europe’s Framework Convention on artificial intelligence and human rights, democracy, and the rule of law.

CommerzVentures has led a €9.2 million Series A funding round for Sunhat, a German AI-native compliance platform that helps enterprises automatically validate and share ESG and vital non-financial data.

UBS is stepping up its migration to the cloud, setting out plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure within five years.

AfriGIS, winners of the 2024 Sustainable Finance Live hackathon have developed Resolve Water: a climate and water intelligence for businesses.