/sustainable
Dr Rich Stockdale, founder of Oxygen Conservation, gave the closing keynote of Sustainable Finance Live 2024, looking into how the investment into natural capital can evolve in the future.
11 October 2024
Regulation and policy can be an important step sustainable transactions at a global level. There are many different perspectives on how to help implement these regulations within the financial services, which this Sustainable Finance Live session covered.
/devops
The FinTech Impact Report 2024 reports that the UK fintech sector has improved financial inclusion and sustainable initiatives across the country.
/people
Former UBS chief executive Ralph Hamers has become an external senior advisor for Arta Finance, an AI-based digital wealth management startup founded by former Google executives.
/payments
London-based account-to-account payments provider Banked has gained a foothold in the Australian market through the acquisition of local player Waave. Financial terms were not disclosed.
Citi is working with Mastercard to enable clients to make real-time cross-border payments to debit cards.
/regulation
TD Bank has agreed to pay $3 billion in penalties after pleading guilty to violating US anti-money laundering federal laws.
10 October 2024
/retail
Monzo is offering employees the opportunity to sell part of their stakes in the digital bank through a secondary sale that sees its valuation hit £4.5 billion.
The FCA has fined TSB Bank £10,910,500 for failing to ensure customers who were in arrears were treated fairly.
Revolut is to provide business merchants in the UK with the ability to accept American Express cards, unlocking access to higher spending, premium customers and supporting further growth of the card scheme's network in the UK.
/wealth
US investment advisory firm Facet has raised $35 million in a funding round led by Multiplier Capital.
Pockit, a UK fintech that provides financial services to low-income and underserved customers, has agreed terms to acquire struggling mobile banking outfit Monese.
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