Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Sustainable Finance Live 2023: How to move fast and break things to disrupt the inertia

Kicking off Sustainable Finance Live 2023 at Events@no6 in London, founder of ResponsibleRisk Richard Peers, highlighted the objective of this year’s event, to bring people together in their likeminded desire to drive sustainability in their work.

10 October 2023

News/startups

Santander commits to €100 million fund for Spanish startups

The bank plans to contribute €67 million to the €100 million venture debt fund that will be created with Inveready Asset Management.

18 September 2023

News/regulation

Proxymity launches digital voting service in US

Investor communications platform Proxymity has launched its digital voting service in North America.

15 September 2023

News/wholesale

Swift hails results of blockchain pilot for corporate actions data

Interbank co-operative Swift has successfully completed its blockchain-based corporate actions pilot, describing it as a "compelling solution".

24 March 2023

News/sustainable

BlackRock and Proxymity agree UK proxy voting deal

BlackRock, the world's largest asset manager, has agreed a deal with digital investor communications platform Proxymity, that will enable retail investors in the UK to participate in proxy battles.

03 November 2022

News/markets

Swift runs blockchain pilot for corporate actions data

Interbank co-operative Swift is working with Symbiont and seven securities players to trial a blockchain-based corporate actions system.

14 September 2022

News/crime

Bank of America fined $225 million for unlawfully freezing accounts during Covid-19 pandemic

The Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) have fined the Bank of America (BofA) for their deficient disbursement of state unemployment benefits during the Covid-19 pandemic.

15 July 2022

News/people

Flagstone appoints 10x’s Leda Glyptis and Monzo’s Meri Williams to board

UK cash deposit platform, Flagstone, has announced the addition of fintech heavyhitters Leda Glyptis and Meri Williams to its board of directors, ahead of planned Series B funding in 2023.

06 May 2022

News/people

Ukrainian refugees connected with UK tech jobs by Fintech Without Frontiers

Fintech Without Frontiers – an industry led-initiative created by Ozone API – has launched a bid to connect Ukrainian refugees with career opportunities in the UK fintech space.

05 May 2022

News/people

Volt appoints PayPal veteran as CRO

Real-time payments provider Volt has announced the hire of Matt Komorowski, who previously led PayPal’s channel partnership business across APAC, LATAM, and MEA.

08 April 2022

News/regulation

Major tech antitrust bill advanced by US Senate vote

The Senate Judiciary Committee voted 16-6 this week to advance a major tech competition bill, says CNBC.

21 January 2022

News/payments

Amazon suspends ban on Visa payments

Amazon has deferred its plan to stop customers using Visa credit cards at the last minute, says the Independent.

17 January 2022

News/sustainable

Tintra launches foundation to protect hunter-gatherers

Fintech firm Tintra has just unveiled a charity foundation to help protect the planet’s last remaining hunter-gatherer tribes. As a primary endowment, Tintra has committed $2 million to the charity.

14 January 2022

News/payments

Goodbox-Mulberry partnership enables contactless donations

Digital fundraising company, GoodBox, has announced a partnership with Mulberry, to supply contactless donation devices to stores across the UK.

31 December 2021

News/wholesale

JP Morgan goes live with Proxymity digital proxy voting platform

JP Morgan's Securities Services has gone live with a digital proxy voting platform from Proxymity in Belgium, with more markets to follow.

26 October 2021

News/sustainable

Reaching net-zero will require $5 trillion every year for the next 30 years, says BoA report

Ahead of COP26, Bank of America Global Research has issued a net-zero primer and stocks picks report, which predicts that $5 trillion will need to be invested every year for the next 30 years, if global emissions targets are to be reached.

15 October 2021

News/Sibos

Sibos 2021: How can banks take meaningful action on climate change?

With COP26 fast approaching, and the financial industry facing additional costs to comply with government actions on climate change, it needs to start asking itself some tough questions, namely: Are we acting responsibly for the future? Are we driving carbon neutrality in the businesses we finance? Are we acting as an enabler for investments to lower the cost and increase the deployment of low-carbon technologies?

14 October 2021

News/sustainable

Triodos Bank’s £2 million rewilding bond raised in under 48 hours

Triodos Bank UK and rewilding charity, Trees for Life, have successfully raised a crowdfunding bond worth £2 million, just 48 hours after launch – demonstrating the rising demand for rewilding as an investment opportunity.

17 September 2021

News/crypto

Binance announces restructure to assuage regulator concern

Cryptocurrency exchange, Binance, is set to centralise its business structure in the wake of intensifying regulatory concern over the firm’s lack of systemic transparency.

17 September 2021

News/sustainable

Davos 2021: PayPal’s Dan Schulman - Profit and purpose being at odds is ‘ridiculous’

Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.

25 January 2021

Corporate actions