FintechDaily Staff – Page 22

NAB Faces $751,000 in Penalties for Violating Consumer Data Protection Regulations

National Australia Bank (NAB) has been fined A$751,000 after receiving four infringement notices from the Australian Competition and Consumer Commission (ACCC) for non-compliance with the...

FCA Names New ESG Director and Chief Investment Officer

The Financial Conduct Authority (FCA) in the UK has announced the appointments of Sacha Sadan as the new Director of Environment, Social and Governance (ESG),...

Stacs Secures $3.6 Million for DLT-Driven ESG Technology

Hashstacs (Stacs), a Singapore-based startup leveraging distributed ledger technology (DLT) to assist financial institutions with their Environmental, Social, and Governance (ESG) initiatives, has successfully secured...

Major Banks Unite in Net-Zero Emissions Initiative

More than 40 major banks globally have come together as part of a United Nations-initiated alliance, committing to align their lending and investment practices with...

HSBC to Roll Out Global Initiative for Recycled Plastic Payment Cards

HSBC is seeking to enhance its environmental profile amidst heightened scrutiny from climate change activists. In a notable initiative, the bank has committed to phasing...

Rethinking Risk Modeling for Sustainable Finance

In December 2020, Finextra and ResponsibleRisk convened a group of experts in sustainable finance to explore the evolving role of risk modeling. This conference aimed...

Investors Can Secure Up to 5% Annual Returns by Embracing ESG Investments

According to experts in behavioral finance at Oxford Risk, the concept of Environmental, Social, and Governance (ESG) can prevent investors from achieving annual returns of...

ALT/AVE Seeks New Funding to Enhance Its DLT Offering

ALT/AVE has successfully secured a £535,000 investment aimed at enhancing its distributed ledger solution, docStribute, with plans to extend its applications beyond just financial services....

Open Data: Accelerating the UK’s Journey to Net-Zero

Data Sharing: A Catalyst for Achieving Net Zero Goals Gavin Starks, CEO of Icebreaker One, emphasizes that effective data sharing is vital for developing financial...

Embracing Regulation as a Catalyst for Data-Driven Technology

Tino Kam, Head of Transaction Banking Solutions at Nordea, recently shared insights with Finextra Research about the bank's primary goals and forecasts for 2021. He...