January 2025 – Page 124

HSBC Collaborates with Google Cloud to Support Climate Tech Companies

HSBC has partnered with Google Cloud to provide venture debt financing options for climate technology companies. The Google Cloud Ready - Sustainability validation program is...

NatWest Reduces Alison Rose’s Compensation Amid De-Banking Controversy

NatWest has eliminated over £7.5 million from former chief executive Alison Rose’s payout following her resignation, which was prompted by the controversial closure of Nigel...

Celsius Network to Compensate Customers as Bankruptcy Case Comes to a Close

Celsius Network has obtained approval from a New York judge for a restructuring plan that aims to repay customer assets through a new entity owned...

Global Agreement Reached on Cryptocurrency Tax Evasion Measures

Nearly 50 countries, including the US, UK, Brazil, and Japan, have committed to new standards set to take effect in 2027, aimed at combating cryptocurrency...

FCA Partners with OneMarketData for Enhanced Market Surveillance

The UK's Financial Conduct Authority (FCA) has selected OneMarketData to deliver a new cloud-based market surveillance and visualization system. OneMarketData triumphed over 14 competing providers...

Singapore Unveils Generative AI Risk Framework with a Focus on Digital Currency and ESG Initiatives

The Monetary Authority of Singapore (MAS) has collaborated with banks and technology firms to establish a generative AI risk framework and is actively exploring the...

Alba Bank CEO Resigns

Rod Ashley has announced his decision to step down as CEO of Alba Bank after six years in the role. Jonathan Thompson, currently the chief...

ABN Amro on High Alert Following Ransomware Attack on Supplier

ABN Amro is alerting customers that their personal information may be compromised following a ransomware attack on one of its suppliers. The attack targeted AddComm,...

First Abu Dhabi Bank and JP Morgan Launch Pilot for Programmable Payments

First Abu Dhabi Bank (FAB) has successfully conducted a pilot for programmable payments utilizing JP Morgan's JPM Coin Blockchain Deposit Accounts. Collaborating with JP Morgan's...

Enova, Payday Lender, Penalized and Prohibited from Providing Short-Term Loan Offers

US payday lender Enova has been fined $15 million by the Consumer Financial Protection Bureau (CFPB) and has been prohibited from offering short-term loans due...