Standard Chartered names global head of data analytics and AI
UK bank Standard Chartered has bolstered its data analytics capabilities with the appointment of former HSBC executive Yusuf Demiral.
Circle shares soar on Nyse debut
Shares in stablecoin issuer Circle soared by more than 150% on its New York Stock Exchange debut.
NextGen: AI – A sneak peek of speakers and attendees
Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.
Hong Kong set to approve first crypto ETF
Hong Kong’s financial regulator is poised to give the green light to the first batch of bitcoin spot ETFs.
N26 to offer Mastercard exchange rate with no mark-up in event of no deal Brexit
In an interview with Finextra, N26’s head of international markets Alex Weber reveals that in the event of a no deal Brexit, the German challenger bank will continue to offer the same Mastercard exchange rates as it currently does, despite the potential dissolution of the cross-border payment fee cap.
UBS funds Swiss Open Quantum Institute in bid to achieve UN sustainability goals
UBS has joined forces with Cern, the Swiss Government and non-profit foundation Gesda to fund experiments in quantum computing aimed at achieving UN Sustainable Development Goals.
LatAm payments startup Liquido secures $27 million funding for live launch
Liquido, a next generation payments company for Latin America has emerged from stealth and launched publicly with $26M from Index Ventures.
Kima bids to build a ‘DeFi credit card’
Israeli startup Kima is running a project with Mastercard’s FinSec Innovation Lab to connect decentralised finance (DeFi) applications with fiat systems.
Accenture boosts analytics skills with Mudano acquisition
Accenture has agreed to buy Mudano, a data consultancy that works with UK financial services firms. Financial terms were not disclosed.
Australians embrace digital banking as digital wallet use surges
Australian consumers are adopting digital banking services in increasing numbers with 99.3% of transactions taking place over digital channels, including A$160bn in payments made via mobile wallets.
Finextra launches new market intelligence app
Finextra Research has launched its new market intelligence and financial search engine, Finextra Pro.
Charitable giving fintech Overflow raises $20m
A church pastor has raised $20 million for his startup, called Overflow, that aims to make charitable giving frictionless.
DBS and Goldman Sachs claim crypto options first
Two investment banks have made what they claim is the first over-the-counter options trade involving cryptocurrencies.
US Bank completes first fully digital trade finance transaction
US Bank has completed its first trade finance collection transaction using the WaveBL electronic trade documentation platform.
SoFi adds crypto services and blockchain-powered remittances
US fintech SoFi is taking advantage of the changing regulatory landscape under the Trump administration to reintroduce crypto services.