Banking Infrastructure

What is the future for bundling in financial services?

A report by cross-border payments firm Currencycloud has examined the recent and future trends related around bundling in financial services.

HKMA initiates first CBDC steps with whitepaper launch

The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.

Over 100,000 banking jobs predicted to be lost in next five years to automation

Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.

Majority of bankers see customer experience, not products as future of banking

A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.

How WealthTech innovation is driving the rise of the neo-broker

A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.

Confidence in banks and bank branches remains high in the UK

A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.

FinTech-as-a-service platform Rize secures Series A funding

Rize, a self-stylised FinTech-as-a-service platform, has closed its Series A on $11.4m as it continues its mission of revisioning the financial world.

BNPL market gets new big player as Mastercard launches Installments

Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.

Aspire scores $158m in its Series B round

Aspire, a platform designed to help a business with all their financial needs, has reportedly collected $158m in Series B funding. The round was led...

BaaS platform Swan inks $16m funding to extend global footprint

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

News Stories

EFRAG and IFRS Foundation collaborate to simplify sustainability reporting

The IFRS Foundation, in conjunction with the EFRAG, has released guidance aimed at facilitating the adoption of sustainability reporting.
IBM

IBM boosts ESG reporting capabilities with Envizi’s CSRD module launch

IBM has recently unveiled the latest advancements in its ESG data platform, IBM Envizi.
Sylvera

Sylvera launches new tool for enhanced carbon credit procurement

Sylvera has recently introduced an addition to its platform aimed at simplifying and expediting the process of filtering and comparing carbon projects.
Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Ushur unveils AI-powered self-service solution for financial institutions

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Altruist hits $1.5bn valuation with $169m Series E fundraise

Altruist, a modern custodian tailored for RIAs, has recently announced a significant milestone in its funding journey.

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