Lord Hammond enlisted to back £1 billion UK fintech fund
Lord Hammond, the former chancellor, is among a host of heavyweight figures being enlisted to back the new venture, which...
ECB to run climate risk stress test
The exercise, described as a 'learning exercise' for banks and supervisors, will be conducted in the first half of 2022...
Canadian fintech investment plummets
Canadian fintech companies saw US$810 million in total investment across 85 deals in the first half of 2022, down from...
UK’s bank branch sharing project to be extended
The first two bank hubs were launched last year in Essex and Cambuslang, outside Glasgow in Scotland. Both are run...
APP fraud victims to get mandatory reimbursement rights under new PSR rules
Currently, over three quarters of bank customers have failed to win reimbursements from banks after falling victim to APP fraud,...
ING overhauls innovation management
The latest reset comes two years after incoming CEO Steven van Rijswijk disbanded all of the bank's disparate innovation programmes...
Strands and Doconomy partner to provide climate impact PFM tools
The aim with this new set of services is to educate individuals on how their actions impact climate change and...
Banks and exchanges invest in digital securities market ADDX
The pre-series B funding round raised $58 million, bringing total funds raised by ADDX to $120 million. New investors join...
CBI launches campaign to get UK businesses to embrace fintech
Unveiling the 'Winning with Fintech' campaign on Monday, the crossbench peer will call for business and government backing to promote...
Visa and Mastercard blame increased risk of fraud for post-Brexit fee hikes
In October 2021, Visa and Mastercard increased cross-border interchange fees on purchases made by UK consumers to European businesses. Fees...
