Finextra joined Singapore Fintech Festival session, ‘Scaling Sustainable Finance for a Green Recovery’ today, to hear experts from Ecosystm, FIL Asia, HSBC, SDG Impact Japan and WWF Singapore discuss the financial products and technological tools needed to deliver social and environmental benefits, alongside attractive returns.
Barclays has launched a monthly ‘Scams Bulletin’ to inform consumers of emerging trends in criminal fraud tactics.
HSBC is entering the UK buy now, pay later market through the launch of Flexipay, a point-of-sale finance product.
Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE).
Over-50’s group Saga is wading deeper into the financial services market as it agrees a deal with NatWest’s Banking-as-a-Service unit Boxed to provide savings accounts and other banking products to its membership base.
London-based cash management fintech Vitt has raised additional financing, bringing the total raised to $16 million in equity and debt in a round led by Better Tomorrow and Speedinvest.
Climate X, a startup that uses data and analytics to help businesses, government and individuals tackle the multi trillion-dollar climate risk problem, has raised $1.5 million in pre-seed funding.
JP Morgan has struck a deal to offer its JPM Coin digital token as a settlement mechanism for Broadridge’s DLR (Distributed Ledger Repo) platform.
UK fintech funding has dipped in the first half of 2023, as total cash raised reached $2.9 billion in the first six months, a 37% slump compared to the later half of last year, according to new figures from industry body Innovate Finance.
EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.
Google Cloud has landed a five-year deal with Lloyds Banking Group, part of the UK bank’s commitment to spend £3 billion on digital transformation projects.
Digital asset infrastructure firms Ripple and Circle have received conditional approval for its application to establish a national trust bank in the United States.
Japan’s SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.
Banco Santander has opened technology hubs in Malaga and Warsaw to house 1400 tech professionals as the Spanish giant seeks to turbo charge its digital transformation programme.