Capital Planning/Stress Testing

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth largest carbon emitter worldwide.

Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.

Rishi Sunak has demanded two reviews of the country’s financial regulation linked to supply chain finance followed the collapse of Greensill Capital earlier this year.

The Hong Kong Monetary Authority (HKMA) has called for the regulation of fiat-currency backed stablecoins similar to that of banks.

The awards are coming fast now for Arctic Intelligence. The Aussie scaleup just picked up two awards at The RegTech Association’s annual awards ceremony shortly after being recognised as a Rising Star in Deloitte’s Technology Fast50 late last year.

UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.

UK banking-as-a-service (BaaS) company Omnio has raised €30m in funding in a round led by GrayBella Capital.

Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).

Estonian identity verification firm GetID has launched a know-your-customer (KYC) flow builder to help customers set up and deploy personalised online verification procedures.