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

UK fintechs have an overall positive impact on the country - Innovate Finance

The FinTech Impact Report 2024 reports that the UK fintech sector has improved financial inclusion and sustainable initiatives across the country.

11 October 2024

News/sustainable

Sustainable Finance Live 2024: Analysing the transaction journey and assessing nature-related risk

Dr Nicola Ranger, director of the global finance and economy group, Environmental Change Institute at the University of Oxford, spoke on her work at the institute in a keynote and then with moderator Richard Peers in the Q&A session, ‘What’s missing from the transaction journey?’ Dr Ranger outlined how nature risks are priced and which methods the Green Finance Institute (GFI) has put forward to assess nature-related risk.

08 October 2024

News/sustainable

Sustainable Finance Live 2024: The role of ESG data in the nature capital marketplace

Founder of ResponsibleRisk, Richard Peers, moderated a session at Sustainable Finance Live called ‘What is the role of impact and ESG data in ensuring economic profit of nature capital in the marketplace?’, with speakers Cain Blythe, founder of Ecosulis and Credit Nature; Simon Crichton, head of nature, food, and resource at Triodos Bank; Giles D'Souza strategic business lead in remote sensing and GIS at Planet; James Lockhart-Smith, VP sustainable finance at Verisk Maplecroft; and Donna Lyndsay, strategic market lead environment and sustainability at Ordnance Survey.

08 October 2024

News/people

Australia launches initiative to address tech talent shortage

The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.

30 September 2024

News/ai

Blackstone to build £10bn AI data centre in UK

Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.

30 September 2024

News/people

Bunq to nearly double workforce in 2024

Global neobank bunq has announced its intention to hire over 730 new employees before the end of 2024, growing their global headcount by 70%.

12 September 2024

News/startups

Visa joins $5 million round in African payroll provider Workpay

Visa has joined a $5 million funding round in Kenyan payroll provider Workpay.

22 August 2024

News/payments

Payoneer buys payroll firm Skuad

Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash.

09 August 2024

News/people

'Fintech leaders need to be vocal advocates for diversity and inclusion' says PPRO CEO

Pride month is coming to a close, with the main celebrations continuing into this weekend in London. Pride is about much more than parades, parties, and rainbows. It is about the practical process of acceptance and inclusion of LGBTQIA+ identities, even in the fintech workplace.

28 June 2024

News/inclusion

Visa Foundation focused on empowering women entrepreneurs

Visa Foundation is supporting women in growing their small businesses and making them more resilient, increasing economic mobility and creating wealth for themselves.To learn more about the financial inclusion efforts made by the organisation, Finextra spoke to Najada Kumbuli, vice president and head of investments at Visa Foundation.

28 June 2024

News/people

EBAday 2024: Success stories in collaboration

At EBAday 2024 in Lisbon, Finextra’s own Niamh Curran moderated a lunchtime session titled ‘Rising Stars’, with Luca Kotton, platform owner at Investec Bank; John Salter, chief customer officer at ClearBank; Jenny Winther, head of payment schemes at Handelsbanken; and Phoebe Zhou, head of emerging payments, GPS Europe at HSBC, discussing success and industry newcomers.

19 June 2024

News/people

CAB Payments confirms Neeraj Kapur as CEO

Neeraj Kapur has over 20 years of experience in senior leadership roles across retail, corporate and SME banking.

14 June 2024

News/crime

Ex-Citi employee files wrongful termination lawsuit alleging the bank hid data from regulators

A former managing director at Citigroup is suing the bank and COO for unlawful termination on the grounds of allegedly refusing to provide regulators with false information.

24 May 2024

News/inclusion

Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses

What is ethical risk? Ethical risk consists of the risks that could impede an organisation’s ability to live up to its ethical values and standards which impact consumer trust, reputation, and financial performance.

26 April 2024

News/markets

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

16 April 2024

News/people

Lloyds Bank cuts risk dept headcount

UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.

10 April 2024

News/people

Robinhood co-founder steps down

Baiju Bhatt, the co-founder and chief creative officer of online stock trading firm Robinhood, has resigned from the company to "pursue other entrepreneurial interests".

26 March 2024