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Ex-minister Williamson and CEO Baber quit troubled fintech Lanistar

/people

Ex-minister Williamson and CEO Baber quit troubled fintech Lanistar

Former defence secretary Gavin Williamson has left his role as an advisor to Lanistar, with the controversial fintech also losing CEO Jeremy Baber and facing a winding up petition over unpaid debts.

NextGen: AI 2024: Uncovering the opportunities of AI legislation

/ai

NextGen: AI 2024: Uncovering the opportunities of AI legislation

Join us in London on 26 November 2024 for our inaugural NextGen: AI event and hear from Lord Chris Holmes about the potential of AI and the benefits of legislation.

Which? warns consumers to watch out for fake messages about the new fraud refund scheme

/security

Which? warns consumers to watch out for fake messages about the new fraud refund scheme

Fraudsters are already latching on to the new APP fraud reimbursement scheme as a means to dupe consumers into handing over sensitive banking information warns consumer group Which?.

Monzo brings monthly payments to Apple Pay purchases

/payments

Monzo brings monthly payments to Apple Pay purchases

Monzo is bringing payment options to customers who choose to pay with Apple Pay.

AI ranking says banks lagging on climate action

/sustainable

AI ranking says banks lagging on climate action

Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.

Standard Chartered invests in crypto-asset platform One Trading

/crypto

Standard Chartered invests in crypto-asset platform One Trading

Standard Chartered's investment arm, SC Ventures, has joined a funding round for European crypto-asset exchange One Trading.

UK banks hail Regulated Liability Network experiments

/payments

UK banks hail Regulated Liability Network experiments

The UK's biggest banks have completed the experimentation phase of a Regulated Liability Network, claiming a number of benefits that the financial market infrastructure for programmable money operating on a multi-bank shared ledger could bring.

LSEG buys Axoni post-trade tech business

/markets

LSEG buys Axoni post-trade tech business

The London Stock Exchange Group (LSEG) has acquired the Veris post-trade processing business and related intellectual property from Axoni. Financial terms were not disclosed.

Citi COO shares responsibility for data overhaul following $136 million fine

/regulation

Citi COO shares responsibility for data overhaul following $136 million fine

Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.

Barclays struggles to find buyer for UK merchants payments stake

/payments

Barclays struggles to find buyer for UK merchants payments stake

Barclays is having a hard time selling off a stake in its UK merchant payments unit with potential buyers baulking at the bank's valuation of the business, according to Reuters.

Northmill bank appoints new CEO Julie Chatterjee

/people

Northmill bank appoints new CEO Julie Chatterjee

Swedish bank Northmill has announced the appointment of a new CEO Julie Chatterjee, previously deputy CEO and chief commercial officer of Multitude bank.

Sweden's central bank threatens banks with legislation to protect access to cash

/payments

Sweden's central bank threatens banks with legislation to protect access to cash

Sweden's Riksbank is threatening banks with the propect of regulation to ensure business access to cash services.

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