Revverbank, a Manchester-based new bank for regional businesses and savers in the UK, has selected Fusion Essence in the cloud to power its end-to-end core banking capabilities.

Macroeconomic risks have been highlighted as the biggest concern affecting the growth of global fintechs, according to research from the World Economic Forum (WEF).

Banco Sabadell’s BSTartup Green programme has joined a $1.1 million funding round for climate tech startup Wegaw.

The European Central bank has postponed a deadline for allowing non-bank payment service providers (PSPs) to access central bank-operated payment systems, including the Target settlement system.

Mastercard is to link executive bonuses to the company’s environmental, social and corporate governance goals.

Finastra is to sell its Treasury and Capital Markets (TCM) business unit to an affiliate of venture capital firm Apax Partners in a deal estimated at $2 billion, including debt.

Nationwide is to open a new digital innovation centre in London, creating over 750 new technology jobs.

Market communications surveillance firm Mirrorweb has secured a $63 million growth equity investment from Mainsail Partners.

Citi has made an equity investment in Vontive, an embedded mortgage platform for investment real estate.

Former governor of the bank of England Mark Carney has joined the Board of directors of hot Web payments firm Stripe.

The FCA is interviewing 20 ‘finfluencers’ under caution who may be touting products illegally, extending its crackdown on financial product promotions via social media personalities

HSBC has integrated embedded banking services into NetSuite Accounts Payable Automation, a cloud enterprise resource planning (ERP) platform.

The chief information security officer at JPMorgan Chase is calling on third party software providers to prioritise security over speed to market, warning that the shift to a SaaS delivery model is creating “substantial vulnerability”.