TP Icap is teaming up with environmental risk management outfit Speedwell to launch an index that uses global weather data to track climate change thereby allowing financial risk related to the rate of change to be traded.

Istanbul-based retail investing startup Midas has raised $45 million to roll out crypto, mutual fund, and savings account products to its two million users.

The Singapore FinTech Association (SFA) and Thomson Reuters are to collaborate on projects to promote the country’s fintech industry and strengthen its fight against cybercrime.

We Succeed Together and Team Thrive have been announced as the winners of the Sustainable Finance Live 2023 hackathon, which took place 2 – 13 October 2023 alongside the conference, in partnership with NayaOne.

For the first time, finance is a key COP theme – reflecting the vital role the industry will play in transitioning the economy to net zero. As a physical attendee of COP26, Finextra listened in to the first of the Green Finance Institute’s ‘Green Horizon Summit’ wake-up shows, which – in collaboration with the City of London Corporation – run every morning throughout the conference.

Prilex, a malware that was used originally to infect ATM’s and then evolved to Point-of-Sales machines has been found by Kaspersky to have modifications which now allow it to block a consumer’s ability to make contactless payments, forcing them to put their cards in the machine in a bid to steal Pin codes.

Mexico City-based Open Finance API platform Belvo has raised $43 million in a Series A funding round.

JPMorgan Chase says its free Wealth Plan digital money coach has helped customers create more than a million personalised plans in just a year since launch.

Cloud-based digital banking technology vendor Alkami has launched a preliminary prospectus for a proposed public offering of shares on the Nasdaq Global select Market that would value the company at somewhere above $2 billion.

Triodos Bank made the first biodiversity net gain (BNG) unit model private sector loan this week.

Iceland’s Íslandsbanki is to enable users to track their carbon footprint through their mobile banking app.

Charlie Javice, founder of student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in its $175 million acquisition.

The EC is planning to move regulation of cryptocurrency firms, stock exchanges and clearing houses from national watchdogs to the European Securities and Markets Authority (Esma).

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