/wholesale
French neobank Qonto is set to open new offices in Austria, Belgium, Portugal and the Netherlands as part of a European expansion plan.
30 September 2024
/people
The Tech Council of Australia (TCA) has launched a initiative designed to address the battle for tech talent.
/ai
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.
/payments
Trinidad and Tobago is the latest country to sign up with NPCI International Payments for the development of a real-time payments system based on India's UPI.
/markets
The UK will push ahead with the move to a T+1 settlement cycle for securities trades by the end of 2027, regardless of whether the European Union makes the switch at the same time.
27 September 2024
/startups
TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.
/crime
Finextra this week released new research investigating how institutions globally are tackling the mounting issue of trade-based financial crime (TBFC).
/regulation
The UK’s Labour government has announced the Fraud, Error, and Debt Bill to tackle fraud by requiring financial institutions to share data that indicate potential benefit overpayments.
Chime has been reported to be aiming to go public in 2025, with Morgan Stanley to lead its initial public offering (IPO).
/sustainable
Earlier this month, Ronesans Enerji announced its Green Finance Framework to drive sustainable development in Turkey. A collaboration between financial investment institution Ronesans Holding and TotalEnergies, the joint venture aims to push forth proactive green finance projects.
/retail
Bank of America has launched an account designed to help parents teach their children how to manage money.
/crypto
First Abu Dhabi Bank (FAB) has carried out a programmable payments pilot using JP Morgan's JPM Coin Blockchain Deposit Accounts.
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