Funding levels in Ireland’s fintech sector have fallen again in the last 12 months due to economic and geopolitical challenges.

UK chancellor Rishi Sunak has published a roadmap for reforming capital markets, boosting opportunities for green investment, and protecting access to cash.

Key metrics and measuring principles need to be applied to ESG goals in order to turn them into commercially viable business goals. This means KPIs need to change. At every level.

Economic secretary to the Treasury, Andrew Griffith MP, spoke in a keynote speech outlining the government’s ambitions for the fintech industry during day one of the Innovate Finance Global Summit 2023.

BNY has integrated its entperisie AI platform, Eliza, with Google Cloud’s agentic model Gemini, providing deeper research capabilities for market analysis and equipping the company’s global workforce with access to multimodal features.

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

Singapore authorities are warning businesses of a rise in scam video calls which use deepfake AI to impersonate business bosses with the aim of duping employees into transferring funds to criminal accounts.

Saga, the British brand focussed on providing products and services to the over 50s, has teamed up with cash deposit platform Flagstone on a savings platform.

Regtech provider Symphony is drawing on the generative AI capabilities of Google to develop a service to ensure banks’ voice calls are compliant.

Banks around the world paid $4.5 billion in major fines in 2024, with TD Bank accounting for two-thirds of the total after it pleaded guilty to violating US anti-money laundering federal laws.

Nasdaq and AWS have joined forces to bring the benefits of cloud to market operators around the world.

Ripple is pumping $25 million into Fairshake, a federal super political action committee (PAC) backing pro-crypto candidates during the 2024 US elections.

US Bank has joined the cryptocurrency stampede, launching a safekeeping custody service for institutional investment managers.

Researchers from Elliptic, IBM Watson and MIT have used AI to detect money laundering on the Bitcoin blockchain.

Stripe has confirmed an agreement to acquire stablecoin platform Bridge in a deal worth around $1.1 billion.