Banking quartet team to launch carbon offset marketplace
Natwest, the Canadian Imperial Bank of Commerce, ITAU and the National Australia Bank have joined forces to create a new marketplace for firms to buy and sell carbon offsets.
ESMA slaps €408,000 penalty on derivatives firm due to EMIR data breaches
The European Securities and Markets Authority (ESMA) has fined DTCC Derivatives Repository for seven breaches of the European Market Infrastructure Regulation (EMIR).
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
Cyber insurance market to exceed $20bn value by 2025, report finds
A report by GlobalData has found the cyber insurance industry is predicted to exceed a $20bn gross written premium (GWP) value by 2025.
Study finds majority of SMEs want human-digital hybrid banking approach
A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.
Signicat bolsters RegTech footprint with Electronic IDentification acquisition
Norwegian digital identity firm Signicat has purchased identity software specialist Electronic IDentification (eID) for an undisclosed fee.
Crown Agents Bank introduces new pensions management tool
Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.
Fingerprint Cards, Morix team to introduce biometric payment card in Japan
Swedish biometrics specialist Fingerprint Cards has partnered with Japanese electronics firm MoriX to develop and launch biometric payment cards in the Japanese market.
Report finds finance teams want greater digital and data sovereignty
A research study by MHR Analytics has discovered finance teams want to have greater control of their own digital and data futures instead of being run by external consultants.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.