People News

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.

An executive from Spanish bank BBVA has highlighted concerns about a potential digital euro and questioned what customer demand it would meet.

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.

Credit card company Deserve has secured $50m in a Series D funding round led by Mission Holdings, Mastercard and Ally Ventures.

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.

Customer onboarding platform Rocketlane has secured $3m from a seed funding round led by Nexus Venture Partners and Matrix Partners.

Personal finance and credit scoring platform ClearScore has secured a $200m investment from investment firm Invus Opportunities.

The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.

US Attorney General Merrick Garland has said the country’s private industry needs to enact better safeguards to avoid consequences in the event of a cyberattack.

Cybersecurity company Illumio has grown its valuation to $2.75bn after it raked in $225m in a Series F funding round.