AI viewed as key for traditional institutions that lack the capabilities of fintechs operating in the sector
Banks report ‘a lack of clear and consistent data’ related to several aspects of climate threat
North American banks have the biggest opportunity by financing decarbonisation
Banks criticised for ‘opaque’ debanking practices
Revision of EU law is required to tackle the issue, says NGO
Decline connected to concerns over SLBs’ efficacy
The guidelines aim to strengthen management procedures regarding CCR
UK Finance aims to enable development of model clauses for non-sweeping variable recurring payments
The gender gap in Europe’s financial sector remains clear despite record numbers of high earners
UK regulator might ‘incentivise’ data sharing between Big Tech and financial services firms
The new RTR system for fast digital transactions is set to revamp Canada’s ageing payments infrastructure
Heightened reliance on common third-party providers could increase risk of cyber attacks
Operator plans to roll out ‘Max it’ across 17 markets by year-end
New economic and financial policies could affect relationship with international investors
Regions recorded their third-highest year for VC investments since 2016, despite a global slowdown
GoCardless receives approval to extend open banking services to public entities
Corporate treasurers are concerned about counterparty risk management after 2023’s banking turmoil
Securities associations criticise the European Securities and Markets Authority for proposing higher rates for settlement fails
The Consumer Financial Protection Bureau is introducing a new rule to end skyrocketing fees for late credit card payments
The Reserve Bank of India’s new framework aims to increase industry standards without hampering innovation