Senior staff in the retail division of ANZ learned of their forthcoming redundancy when they received an automated e-mail asking them to return their work laptops, before they had received any formal exit notice.

Speaking with Finextra’s Richard Peers, Simon Zadek, co-chair for the technical hub of the Task Force on Nature-related Financial Disclosures (TNFD) and chair of the Finance for Biodiversity (F4B) initiative, discusses the different approaches sovereign debt, natural capital, nudging, and the role that F4B and the TNFD play in that.

EBA Clearing has launched a Sepa-wide Verification of Payee (VOP) service to help PSPs in Europe meet Instant Payment Regulation requirements.

Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.

Starling Bank is reinforcing its environmental credentials with a marketing campaign that will see 100 electric vehicle chargepoints wrapped in the bank’s branding.

Digital wealgh manager Moneyfarm is to raises £44.1 million through a private placement that will see M&G acquire a minority stake in the company.

The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal were not disclosed.

Bank of America is warning customers of a data breach following a security breakdown at Infosys McCamish Systems, a provider of services for deferred compensation plans at the bank.

Giant hedge fund administrator Citco has migrated $1 trillion worth of assets under administration onto the cloud with AWS.

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities identify, monitor and manage climate risks in the financial system.

A host of banking and capital market players – including Swift, the DTCC and UBS – have closed out the second stage of a Chainlink-led project to use AI and blockchain technology to standardise and streamline corporate actions processing.

PayNearMe, a fintech targeting non-commerce businesses and their customers, has secured $50 million in Series E funding from Atlantic Vantage Point.

Visa and Mastercard are bidding to close a long running battle with US retailers over interchange fees with a promise to trim charges and let merchants have freedom of choice over which cards they have to accept.

Finextra’s annual sustainable finance event, Sustainable Finance.Live, will return this year on 4 November 2025 in London.