Latest news headlines: Finextra Research

MAS lifts six-month IT ban on DBS

Singapore's central bank has lifted restrictions on non-essential IT services imposed on DBS Bank in the wake of a series of disruptive outages that hit the bank's payments and ATM services last year.

30 April 2024

/wholesale

Ripple enters supply chain finance venture with SBI Group and HashKey DX

Ripple is joining forces with SBI Group and HashKey DX to bring XRPL-powered supply chain finance to Japan.

30 April 2024

/wholesale

Danish fintech Ageras raises €82m for acquisitions

Danish accounting software fintech Ageras is on the acquisition hunt after securing €82 million in funding.

30 April 2024

/retail

Monzo set to raise further £500 million

UK digital bank Monzo is reportedly putting the finishing touches to a new £500 million fund raise with support from Hedosophia, an early backer of Airbnb and Uber.

29 April 2024

/wholesale

NatWest becomes first UK bank to issue IP-backed loan

NatWest has extended its first mass market Intellectual Property-backed loan to UK software company Sci-Net.

29 April 2024

/security

HSBC and PayPal tackle quantum-safe cryptography in payments

HSBC and PayPal are among the founding member of a new working group investigating the adoption of quantum-safe cryptography in the payments industry.

29 April 2024

/payments

NextGen Nordics 2024: A closer look at Confirmation of Payee

Moderating her last panel of the day, Finextra’s head of content Madhvi Mavadiya discussed Confirmation of Payee (COP) with Christina Fransson, senior payment product specialist of FIS in EMEA, Greg Huguet, European regional director at iPiD, Paulina Kudlacik, Confirmation of Payee scheme manager at the Nordic Payments Council, and Richard Ross, global payment market infrastructure expert at Swift.

26 April 2024

/payments

NextGen Nordics 2024: Untangling Request-to-Pay

In a panel session discussing the current state of play of Request-to-Pay in the Nordics, Finextra’s head of research Gary Wright spoke with Per Nilson, business development manager at Bankgirot, Anders Olofsson, head of PaaS at Tietoevry Banking, and Paul Francis Walvik-Joynt, senior vice president of real-time payments at Mastercard.

26 April 2024

/regulation

EU expands AML regulation impacting cryptocurrency compliance

The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry.

26 April 2024

/markets

Alphabet and Microsoft shares soar thanks to AI investments

Share prices of Big Tech companies Google and Microsoft shot up on Friday, a result of large investments in artificial intelligence (AI) that led to immediate revenue returns.

26 April 2024

/sustainable

UK GDP could fall 12% due to nature degradation – Green Finance Institute

According to research from the Green Finance Institute, damage to the natural environment could cause a 12% loss to UK GDP in the future.

26 April 2024

/inclusion

Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses

What is ethical risk? Ethical risk consists of the risks that could impede an organisation’s ability to live up to its ethical values and standards which impact consumer trust, reputation, and financial performance.

26 April 2024