Months after striking a deal with Microsoft to become a ‘cloud-first’ bank and migrate all core applications to the cloud by 2025, Bill Winters, group chief executive of Standard Chartered joins Satya Nadella, CEO of Microsoft at Singapore Fintech Festival 2020 to discuss resilience, the future of digital transformation and why a good partnership is central to achieving this.
Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.
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.
A Binance executive detained by Nigerian authorities last month has escaped, according to local media reports. Meanwhile, the West African country has charged the cryptocurrency exchange with a host of tax evasion charges.
Blackbird AI, which develops AI-driven narratives for risk management, has raised $20m in a series B funding round.
Goldman Sachs is weighing the potential to build an external cloud platform for use by other financial institutions, according to a memo seen by Yahoo Finance.
BBVA and Visa are letting customers use their iPhones’ AI-powered Image Playground feature to personalise their payment cards.
Global asset manager Schroders has acquired a minority share in Forteus, an asset manager focused on blockchain and digital assets.
Global asset manager Franklin Templeton has set its sights on penetrating the millennial investment market by recruiting a fintech from the gaming sector to help it build a digital wealth management platform.
Research into a dark web database of six million global card details showed only America and India had more payment data stolen than the UK.
Keep, an all-in-one financial platform for small businesses, has emerged from stealth with C$33 million in equity financing to build a Canadian Brex.
Visa has unveiled its plans for two of the next big things in payments: agentic commerce and stablecoins.
Banks and payment firms should improve their monitoring systems and staff training to help protect customers from romance scams, which cost Brits £108 million last year, according to the Financial Conduct Authority (FCA).
German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.
MoneyGram has blamed a “cybersecurity issue” for an outage that has left users unable to send money for several days.