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UK marks progress on creating digital ID for businesses

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UK marks progress on creating digital ID for businesses

A coalition of leading financial institutions and technology companies, led by the UK's Centre for Finance and Innovation Technology, has worked to design a digital company ID to make securing finance and conducting day-to-day business quicker and less vulnerable to fraud.

Norway joins Eurosystem’s instant payment service

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Norway joins Eurosystem’s instant payment service

Norway has struck a deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.

SumUp in 'no hurry' for IPO after surpassing one billion transactions per annum

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SumUp in 'no hurry' for IPO after surpassing one billion transactions per annum

UK payments group SumUp says it is no hurry to go public as it surpasses one billion transactions per year.

Hackers steal $17 million from Central Bank of Uganda

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Hackers steal $17 million from Central Bank of Uganda

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

Fintech hiring compensates for declining demand among banks for risk and compliance roles

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Fintech hiring compensates for declining demand among banks for risk and compliance roles

The UK job market for risk and compliance roles is undergoing a significant transformation, with the fintech sector leading the charge.

Spend management platform Spendesk launches payment institution

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Spend management platform Spendesk launches payment institution

French spend management platform Spendesk has launched a financial services division operating under a licence from Autorité de contrôle prudentiel et de résolution, giving the firm end-to-end control over its payment services infrastructure.

NextGen: AI: AI’s impact on regulation, operational resilience and customer experience

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NextGen: AI: AI’s impact on regulation, operational resilience and customer experience

With standards like the EU AI Act coming to the fore, and with the drive towards digital not slowing down, the last panel of the day discussed AI’s impact on regulation and customer experience.

NextGen: AI: Busting five AI myths

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NextGen: AI: Busting five AI myths

The next afternoon panel was moderated by Debi Bell-Hosking, with speakers consisting of Dr Janet Bastiman, chief data scientist, Napier AI; Stuart McDowell, UK CIO, Societe Generale; and David Tracy, head of data products, Smart Data Foundry.

Deutsche Bank invests in Partior

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Deutsche Bank invests in Partior

Partior, the bank-backed fintech behind a ledger-based interbank system for real-time clearing and settlement, has secured a $20 million investment from Deutsche Bank, bringing its toal Series B funding round to $80 million

HSBC launches transactions platform for firms seeking international growth

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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.

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

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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.

Citi invests in mortgage infrastructure platform Pylon

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Citi invests in mortgage infrastructure platform Pylon

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

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