Enfuce partners with Bud to bring its carbon tracking engine to UK
Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.
HKMA launches strategy for bolstering Hong Kong FinTech market
The Hong Kong Monetary Authority (HKMA) has unveiled a new strategy for driving FinTech development in Hong Kong.
EBA finalises EEA bank supervisory reporting cost study
The European Banking Authority (EBA) has completed its study of the cost of compliance of European Economic Area (EEA) banks with the supervisory reporting requirements.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
SentinelOne: Chinese hackers likely behind Russian government agency breach
Endpoint protection firm SentinelOne has claimed Chinese hackers were ‘likely’ behind a series of intrusions on Russian government agencies last year.
Bottlepay unveils cross-border payments app in Europe
Real-time global payments system Bottlepay has rolled out its payments app across Europe.
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.