Company News

Revolut rolls out direct debit service in the UK

Having already unveiled the ability to set up euro direct debits last year, Revolut has now added the feature to UK pounds.

HSBC and Santander to refund customers after breaching CMA rules

HSBC and Santander are to refund their customers after they both failed to comply with the Competition and Market Authority’s (CMA) rules.

Signicat and SurePay partner to combat payment fraud

Digital identity platform Signicat will integrate its services with SurePay’s bank account verification service under a new agreement.

UK’s FCA launches consultation on benchmark administrators under SM&CR

The UK Financial Conduct Authority (FCA) has released a consultation on how to apply the Senior Managers Regime (SMR) to benchmark administrators.

NatWest and RBS suffer system outage during Black Friday

NatWest and RBS banking apps are currently down, as customers look to make the most of Black Friday sales.

SmartStream Technologies partners up with Union Systems

SmartStream Technologies will work with Union Systems to help organizations with their digitalization strategies of post-trade environments.

NTUC Income collaborates with JRNY to build new AI agent

NTUC Income has initiated a collaboration with JRNY to build an AI insurance agent.

Customers can now use voice commands to find insurance on Samsung devices

Online life insurance broker Quotacy has joined Samsung’s Bixby Marketplace as a developer partner.

The European Banking Authority releases new ICT and security risk guidelines

The European Banking Authority (EBA) have released new guidelines for the mitigation and management of information and communication technology (ICT) and security risks.

Monzo now lets customers use Google Pay when waiting for their new card

UK challenger bank Monzo now enables account holders to use Google Pay while they are waiting for a replacement card.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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