EBA publishes findings of EU-wide bank climate risk exercise
The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.
Blockchain unicorn Figure Technologies hits $3.2bn valuation after Series D close
Figure Technologies, which designed blockchain technology platforms for financial services, has hit a $3.2bn valuation after closing its Series D.
Deutsche Bank bolsters Asia presence with Singapore ESG centre
Deutsche Bank has revealed it is establishing an environmental, social and governance (ESG) Centre of Excellence (COE) in Singapore.
BNPL firm Sunbit secures unicorn status following $130m Series D
California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.
Planet launches integrated digital payments service across Europe
Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.
Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services
UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.
Chinese associations call for crypto crackdown citing safety concerns
Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.
ECB warns banks instant payment levies are hindering uptake
The European Central Bank (ECB) has issued a warning to banks that charges levied for instant payments are proving a barrier to uptake.
Modularbank, Veriff partner to bolster ID verification and KYC capabilities
Estonian core banking provider Modularbank has teamed with identity verification software company and compatriot Veriff to boost its compliance and know-your-customer (KYC) offering.
Temenos strengthens money transfer capabilities with Wise alliance
Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.
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