Dr Nicola Ranger, director of the global finance and economy group, Environmental Change Institute at the University of Oxford, spoke on her work at the institute in a keynote and then with moderator Richard Peers in the Q&A session, ‘What’s missing from the transaction journey?’ Dr Ranger outlined how nature risks are priced and which methods the Green Finance Institute (GFI) has put forward to assess nature-related risk.

A lot has changed since the fintech boom of the 2010s and the subsequent genesis of innovation, new business models, new user experiences and the formation of new companies. Richard Peers, founder of Responsible Risk and contributing editor at Finextra Research speaks to Aaron McCreary, climate fintech lead at New Energy Nexus about how a similar wave will sweep through the sustainable finance space in 2021.

For a while now, the financial services industry has understood its role within climate intervention. As a result, companies across the world in the financial sector have looked to become funders and to develop their ESG regulations, quickly and immediately. Yet in the speed to be compliant and sustainable, ethics can become lost from the conversation.

Goldman Sachs has teamed up with American Express to deploy a cloud-based payment service for large corporate clients.

The value of ecommerce fraud is set to rise threefold in the next five years, thanks to the impact of AI.

The Financial Technology Association (FTA) has hit out at US regulators over plans to rescind open banking rules, calling the move a “handout to Wall Street banks”.

The bank’s investment will support widescale creation and management of forests in Scotland, as well as boost biodiversity in the area, improve air quality, reduce soil erosion, and capture an estimated 1.2 million tonnes of CO2 over two decades.

Digital asset giant Ripple is making a move into corporate treasury through the $1 billion acquisition of GTreasury.

The founder of Frank, a now shuttered college financial planning platform that was sold to JPMorgan Chase for $175 million, has been charged by the SEC with fraud.

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN), National Credit Union Administration (NCUA), Office of the Comptroller of the Currency (OCC), and state financial regulators issued a joint statement this week.

UK digital wealth manager Moneyfarm has appointed former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia chair.

Revolut has launched Stocks and Shares ISAs and UK-listed Exchange-Traded Funds (ETFs) as it expands investment options for customers in the UK.

Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.

Nevis, a startup founded by former Revolut executives, has raised $35 million in Series A funding to build an AI platform for wealth management.

Bhutan has joined forces with Binance and DK Bank to become the first country to roll out a national-level crypto payments system for tourists.