Twig, a London-based ‘circular economy’ fintech is closing down after failing to raise funding.

Is transparent wealth management a possibility in this economy? According to Stuart Cash, CEO of wealthtech advisory firm Y TREE, it’s within arm’s reach.

The UK government’s decision to scrap the Payment Systems Regulator (PSR) in an effort to cut red tape and boost economic growth has been criticised by a major industry association, which claims the plans “read more like a reshuffle than a reform”.

NatWest is to offer a preferential interest rate to new or existing customers who are looking to re-mortgage an energy efficient property.

PayPal is launching its new advertising platform in the UK, tapping into its trove of customer data to help merchants better target their ads.

Commonwealth Bank of Australia is rolling out an AI microlearning series to all employees.

The European Investment Bank (EIB) has extedned the coverage of its online tool, Green Checker, which is designed to identify projects eligible for green financing

Swiss blockchain startup Taurus has rounded up 35 banks for the launch of its interbank network for digital assets.

Global investment in fintech fell significantly in 2020 as the Covid-19 pandemic hit but picked up significantly in the second half of the year, according to KPMG, which expects a strong 2021 for the sector.

EBAday, the annual event for payments and transaction banking executives, will return on 20th – 21st June 2023 at IFEMA in Madrid, Spain.

US fintech Alpaca is to acquire the UK’s WealthKernel, a provider of digital investment infrastructure and tax-advantaged products for businesses.

Egyptian Banking-as-a-Service startup Connect Money has closed an $8 million seed funding round led by Disruptech Ventures and Algebra Ventures.

UK-based challenger bank Shawbrook is set to expand its offering after acquiring online SME financing platform Playter.

Goldman Sachs has hired Amazon Web Services executive Marco Argenti to replace departing co-chief information officer Elisha Wiesel, according to the Financial Times.