On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JPMorgan white paper.
South East Asian super app Grab has further extended its remit into financial services with the launch of its first micro-investment service, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites
Kicking off an afternoon of sessions at EBAday 2022 in Vienna on how technology can take payments to the next level, Patricia Hines, head of corporate banking research, Celent moderated a panel with Patrice Amann, regional business lead – EMEA financial services, Microsoft; Philipp Höfer, group product owner cash management, Raiffeisen Bank International; Jon Lloyd, head of customer success for Europe, Form3; and Steve Wright, principal commercial consultant, Lusis Payments and Consultant, Hewlett Packard Enterprise.
Former UBS chief executive Ralph Hamers has become an external senior advisor for Arta Finance, an AI-based digital wealth management startup founded by former Google executives.
Digital banking giant Chime has acquired employee rewards startup Salt Labs. Financial terms of the deal were not disclosed.
This week, the US House of Representatives also passed the Clarity Act and Anti-CBDC Surveillance State Act.
UK wealth app Chip has recorded its first profitable month since its formation six years ago.
Finextra Research and Responsible Risk today hosted Sustainable Finance Live, the second virtual workshop in a series of events designed to create actionable ESGtech strategies and build an ecosystem of partnerships that will turn strategy into reality.
The UK arm of Australian investing fintech Halo Technologies is setting up an operations and development centre in Glasgow, creating more than 60 jobs in the city.
Finastra has launched a message format translation service for banks switching from Swift MT messages to the new ISO 20022 MX standard.
Data analytics giant Palantir Technologies is teaming up with Elon Musk’s xAI and investment firm TWG Global to help financial services firms to embed AI at the core of their organisations.
F10, fintech incubator and accelerator, will collaborate with New Energy Nexus to form the first global green and climate fintech program, bringing decarbonisation of financial services to the cutting edge of innovation.
More than 200 cooperative and regional rural banks were briefly cut off from India’s retail payments system last week by the National Payments Corporation of India (NPCI) amid concerns that C-Edge Technologies had been hit by a ransomware attack.
Thought Machine has enlisted cloud-native account-to-account platform Form3 to add FedNow, TCH RTP and Sepa Instant Credit Transfer connectivity to its payment platform.
