Swift and NPP Australia open API sandbox
Swift and NPP Australia have created an API sandbox for third party vendor to test new innovations leveraging the country’s real-time payments system.
FCA sets out plan to back tokenisation of investment funds
The UK’s Financial Conduct Authority (FCA) has set out plans to support tokenisation in asset management, arguing that the technology can drive innovation and growth in the sector.
EU opens anti-trust investigation into alleged market collusion between Deutsche Börse and Nasdaq
The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.
Westpac battles impersonation scams with ‘SafeCall’
In a move to help stop bank impersonation scams, Westpac has teamed with telco Optus to introduce a new verified in-app calling capability.
BNP Paribas and HSBC join Canton Foundation
BNP Paribas and HSBC are the latest financial services giants to join the foundation behind the Canton Network blockchain platform for tokenised assets.
Major banks explore blockchain-based digital money
Some of the world’s biggest banks, including Barclays and Goldman Sachs, are exploring the issuance of a 1:1 reserve-backed form of digital money that provides a stable payment asset available on public blockchains.
ICE fined $10m for late cyber intrusion disclosure
The Intercontinental Exchange has been hit with a $10 million penalty for the failure of its subsidiaries – including Nyse – to quickly report a cyber intrusion to the Securities and Exchange Commission.
Equifax Australia and Mastercard use open banking to boost credit access
Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.
Man Group mixes gaming and coding in search for best young talent
Hedge fund manager Man Group is challenging bright young graduates to write gaming code using the Python programming language with a view to recruiting the best entrants for an eight-week internship.
Robinhood to pay $45 million over multiple regulatory failures
Robinhood is to pay $45 million to settle a range of SEC charges against its brokerage operations.
Standard Chartered to support DCS stablecoin card
Standard Chartered has joined with DCS as the principal banking partner for DeCard, a next-generation credit card enabling seamless stablecoin spending in the real world.
COP26: Triodos targets net zero by 2035 – and encourages peers to follow suit
Triodos Bank has just announced its aim to reach net zero by 2035.
Exploring the impact of innovation on neobanks
As a part of the Temenos Community Forum, Finextra sat down with chief commercial officer of APAC at Temenos, Craig Bennett, and CEO of Alex Bank, Simon Beitz, to discuss the impact of the cloud on the development of neobanks in the APAC region.
Fintech and payments salaries declined by only 1% in 2020
Salaries in the fintech and payments industry held up well despite turbulent conditions last year, seeing a decrease of only 1%, according to research by recruitment consultancy Headcount.
Crossover Markets scores $12 million funding round
Digital asset trading technology firm Crossover Markets has raised $12 million in a Series A funding round led by Illuminate Financial and DRW Venture Capital.