January 2025 – Page 80

European Court of Auditors Raises Concerns About EU Price Interventions in Card Market

The European Court of Auditors has expressed concerns regarding the EU's approach to price interventions in the card market and its methods for open banking...

Market Outlook: The Intersection of ESG and AI

Benjamin Ensor, director of research and strategy at 11:FS, moderated the first panel of the day, discussing market updates with Kanika Hope, chief strategy officer...

SEC Attributes X Hack to SIM Swap Attack

The Securities and Exchange Commission (SEC) reports that a "SIM swap" attack was responsible for the hack on its X account earlier this month. On...

Bank of England Seeks Feedback on Payment Innovations

The Bank of England is seeking input from the private sector regarding its roadmap for innovation in money and payments. The central bank has released...

ING to Divest 85% Stake in Fintech Spin-Off Cobase to Alpha Group

UK-based Alpha Group is set to acquire 85% of Cobase, a fintech developed with the support of ING that allows corporations to manage their banking...

EBA Releases Final Guidelines for Managing ESG Risks

The European Banking Authority (EBA) has released specific requirements for managing ESG-related risks. The guidelines outline how institutions should identify, measure, manage, and monitor ESG...

Santander Pledges €100 Million Fund to Support Spanish Startups

Banco Santander has announced the launch of a comprehensive suite of products and services aimed at innovative, scalable startups in Spain that demonstrate growth potential....

The Impact of Mainstream Biodiversity on Private Finance

A key takeaway from COP16 is that mobilizing private finance will play a crucial role in determining the scale of progress in the coming years;...

Tink Introduces Risk Engine for Seamless Instant Payments

Open banking platform Tink has introduced a rules-based risk engine designed to safeguard merchants from fraud during instant payment processes. Tink's new feature, Risk Signals,...

Ghana Launches Blockchain-Enabled Credentials and Central Bank Digital Currency for International Trade

The Bank of Ghana (BoG) has successfully completed a proof-of-concept (PoC) focused on the use of digital credentials for international trade and CBDC-based cross-border payments....