HSBC bolsters Hong Kong offering with AI-powered equity index product
HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.
Bank of England initiates climate stress tests to explore risks
The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.
PwC study finds digital transactions are outpacing cash payments
A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.
Almost half of European executives see Covid-19 digital shift as permanent, survey finds
A study by Swedish open banking platform Tink has found 41% of European financial executives believe the shift online caused by the Covid-19 pandemic is permanent.
How technology can make trade surveillance more manageable
Trade surveillance is reliant on processing masses of data and preparing for the unpredictable. This is a tall order for companies, but technology solutions like AI and machine learning can help transform a company’s approach to make it more manageable.
Eventus Systems signs deal with Asia-based digital asset platform OSL Digital Securities
Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, has deployed its solution on OSL Digital Securities’ platform, as part of a new deal.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
India-based Paytm preps for planned $3bn IPO
India’s Paytm invited employees to tender equity shares in part or in full for sale in the digital payments giant’s planned initial public offering (IPO), a step it dubs as the country’s largest stock market debut ever.
Bank of England paper provides stablecoin regulatory stance
A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.
Second annual CyberTech100 list reveals the world’s most innovative CyberTech companies
As the threat of cyberattacks continue to rise, FinTech Global has named the 100 most innovative CyberTech companies in its second annual list.