Top Stories

PayPal Ventures invests in Mesh 

Mesh, the modern embedded finance solution that makes digital asset transfers and account aggregation seamless, has announced an investment from PayPal Ventures. This investment helps to reinforce Mesh’s position as a leading player in embedded...

Revolut launches AI feature to protect customers from card scams and break the scammers ‘spell’ 

Revolut, a leading UK FinTech with more than 35 million customers worldwide, has announced the launch of an advanced scam detection feature to help protect customers from card scams.   Revolut’s new AI-scam feature uses sophisticated Machine Learning t...

ASTRI sets up FinTech and ESG Alliance 

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has inaugurated a ‘FinTech and ESG Alliance‘ to foster a dynamic platform for exchange and knowledge-sharing. This alliance aims to enhance engagement with regulators, policymakers, inc...

Experts express concerns over the EU Parliament Committee’s position on the Payment Services Regulation  

The European Parliament’s Economic and Monetary Affairs Committee (ECON) adopted its position on the Payment Services Regulation (PSR), which introduces new rules for providers of payment and electronic money services.   The Computer & C...

Etam Group relies on Precisely Automate to drive business agility and innovation

Major fashion retailer leverages SAP process automation to transform finance function, streamline data-intensive processes and fuel more confident business decisions. Precisely, the global leader in data integrity, has announced that Etam Group, a major...

LSB to boost support for SMEs by issuing guidance to lenders on financial inclusion and enhancing business protections on digital channels 

The Lending Standards Board (LSB) has published the outcomes of its review of the Standards of Lending Practice for business customers (‘the business Standards’), identifying new opportunities to strengthen customer protections with practical guidance for ban...

Financial sector’s spending on Artificial Intelligence to grow by 30% per year and hit US$97 Billion by 2027 

Artificial Intelligence has not only transformed how people relate to technology but also significantly impacted the business sector. While some fear AI could replace 300 million full-time jobs in the next six years, companies across sectors continue...

NatWest is the first UK bank accepted onto new UK Open Banking DPS 

NatWest has become the first UK bank to be named as a supplier on the Crown Commercial Service’s (CCS) new Dynamic Purchasing System (DPS) for Open Banking services. This DPS will be accessible by all public sector entities in the UK including central g...

WiseAlpha, the pioneer of fractional bonds, announces new wealth management portal and white-label solution 

WiseAlpha, the first company to invent fractional bonds, has announced a new wealth management portal and white-label solution, making it easier than ever for wealth managers to give clients access to fractional bonds.  Corporate Bonds can give...

EXA infrastructure to implement new hybrid route between New York and London

EXA, the digital infrastructure expert, has announced plans to introduce a new hybrid microwave-fibre route between New York and London, extending its leadership in ultra-low latency transatlantic connectivity. EXA already owns and operates the lowest...

Banco de Bogotá’s transformation into the Metaverse 

How Colombia’s Banco de Bogotá is pioneering the adoption of the Metaverse as the epicentre for training and collaboration.  In a scenario of rapid transformations, finding a common language and an inclusive culture across generations, regions and diverse pro...

Olaf Baunack, Senior VP of Financial Services and Insurance at Intellias 

Reflecting on your 20-year career, can you share a key milestone that shaped your trajectory in financial services and insurance, as well as insights gained from challenges or regrets and how these contribute to your current role at Intellias?  Reflecting ...