Latest news headlines: Finextra Research

HSBC launches transactions platform for firms seeking international growth

HSBC has launched a one-stop domestic and cross-border payments platform for businesses looking to grow internationally.

1 hour

/security

NatWest launches advent calendar to warn Brits about scams

As fraudsters gear up to take advantage of the Christmas period, NatWest has launched an advent calendar designed to educate Brits on the threat of common purchase scams.

1 hour

/payments

Embedded credit card platform Cardless raises $30 million.

Embedded credit card platform Cardless has raised $30 million in growth equity funding.

1 hour

/payments

No-code payment orchestrator Norbr raise €3 million

Norbr, an Amsterdam-based Payment Infrastructure as a Service (IaaS) provider, has raised €3 million in funding, led by Alstin Capital as the lead investor, with participation from existing backer, Portfolion.

1 hour

/ai

NextGen: AI: Finding the right strategies to overcome AI limitations

The first afternoon panel discussed three of the major discussion points when it comes to AI: data, culture, and skills.

8 hours

/ai

NextGen: AI: 2025 will be the year of AI deployment

At Finextra’s first NextGen: AI event, Roberto Napolitano, chief marketing officer at Innovate Finance, moderated the panel session: ‘How do we deploy?’ in conversation with speakers Sandra Blaga, strategy and innovation manager of AI delivery at NatWest, and Prashant Jajodia, managing partner and financial services sector lead at IBM.

9 hours

/startups

Citi invests in mortgage infrastructure platform Pylon

Citi has invested in programmatic mortgage infrastructure provider Pylon. Financial terms were not disclosed.

9 hours

/ai

NextGen: AI: How the intelligence revolution is driving what AI can do for banking

At NextGen: AI 2024 taking place for the first time in London, Dr Joe Lyske, co-founder and managing partner of Time Machine Capital², presented the keynote, ‘What can we do with AI?’

10 hours

/regulation

FCA fines Macquarie Bank for fictitious trades

The FCA has fined the London branch of Macquarie Bank £13 million for "serious failings" that allowed one of its employees to record over 400 fictitious trades.

11 hours

/ai

NextGen:AI: Legislation should facilitate UK AI development - Lord Holmes

Kicking off Finextra’s inaugural NextGen AI conference at Convene Sancroft in London, was Lord Chris Holmes of the UK House of Lords in his headline keynote titled: ‘AI in 2024: At the Edge’.

12 hours

/regulation

MPs launch excoriating attack on the FCA

An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as 'incompetent at best, dishonest at worst', in a hard-hitting report that calls for wholesale reforms at the financial watchdog.

15 hours

/ai

Italy's Banca Investis launches 'digital junior banker' with GenAI

Italy's Banca Investis has launched an app that provides banking customers with real-time investment advisory backed by generative AI.

15 hours