Tag: Finance 2023

European banks show strength and resilience in 2023 stress tests, EBA...

European banks have shown resilience in the face of a tougher stress test, according to a new report from the EBA.

Stripe appoints industry veteran Steffan Tomlinson as CFO

Stripe, a financial infrastructure platform for businesses, has revealed Steffan Tomlinson will be stepping into the role of CFO.

Public sector finance platform DebtBook secures $12.5m in Series A-1

DebtBook, a debt, lease, and subscription management software company based in Charlotte, has closed a significant investment round.

FCA Consumer Duty Countdown: Are firms ready?

The final deadline for compliance with the UK Financial Conduct Authority's (FCA) new Consumer Duty is swiftly approaching in July 2023. The regulatory agency has been actively providing guidance, conducting multi-firm reviews, and sharing specific industry insights in the form of Dear CEO Letters to ensure that firms are adequately prepared for the implementation.

FCA unveils new Consumer Duty plan to boost savings interest rates

The FCA has unveiled actions under the Consumer Duty rules, outlining a 14-point plan aimed at enhancing cash savings interest rates.

EU Commisssion unveils final sustainability reporting standards

The EC has adopted the European Sustainability Reporting Standards (ESRS), significantly expanding the scope of sustainability reporting.

Frankfurt’s QuoIntelligence nabs €5m to boost cybersecurity across Europe

German threat intelligence provider QuoIntelligence has bagged €5m in a seed round headed by eCAPITAL Entrepreneurial Partners.

Sustainable finance gets a boost as ING and EIB earmark €600m...

ING and the European Investment Bank (EIB), has unveiled a new sustainable finance programme designed to bolster SMEs.

Financial wellbeing at risk for women in the UK amid cost...

Research from Mintago has found a higher degree of financial stress amongst female employees in the UK compared to men.

European embedded finance platform Solaris secures €38m funding

Solaris, often described as the crown jewel of Europe's embedded finance platform landscape, today announced the completion of a Series F funding round.

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