EBA report examines operating model for digital and open banking readiness
The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.
As Covid-19 lockdown restrictions ease, should FinTechs follow Deloitte’s remote working model?
As the Covid-19 vaccine is being rolled out across the globe, FinTech companies are torn between continuing the remote work strategy and switching back to the traditional form of working. But analysts opine the sector will evolve to a hybrid model.
Honeywell report finds external malware is rising challenge for industrial firms
Honeywell has found the number of cyber threats that use USB sticks and other external media devices as a launch point has doubled during 2021.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
BBVA executive raises digital euro concerns, questions customer demand
An executive from Spanish bank BBVA has highlighted concerns about a potential digital euro and questioned what customer demand it would meet.
FCA proposes changes to climate-related disclosures
The UK’s Financial Conduct Authority proposes the introduction of climate-related disclosure rules for the most prominent listed commercial companies in December 2020.
German FinTechs merge to create business-to-consumer savings juggernaut
German FinTechs Raisin and Deposit Solutions have merged in a move that will see the creation of Raising DS – a new market-leading B2C savings company.
Deserve seeks credit card stack modernisation with $50m Series D
Credit card company Deserve has secured $50m in a Series D funding round led by Mission Holdings, Mastercard and Ally Ventures.
Consumers at the risk of high fees and unexpected debt incurred on credit cards,...
While consumers are increasingly shopping online, they are getting stung by unexpected fees on credit cards and the rolling over debt month to month, Klarna's Shopping and Money Management trend report found.
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