FintechDaily – Page 179 – Fresh Dose of Fintech News

HSBC to Begin Job Cuts in Investment Banking Across Asia

HSBC Holdings Plc is poised to commence a new phase of job reductions within its investment banking division, reflecting an ongoing effort to restructure operations...

Sustainable Development Goals Shine at the Forefront of G20 TechSprint

The Bank for International Settlements (BIS) and the Central Bank of Brazil are emphasizing sustainable finance in the upcoming G20 TechSprint hackathon competition. This fifth...

AI Adoption in the UK Banking Sector Surges Twofold

Recent research indicates a notable transformation in the attitudes of UK banks toward artificial intelligence (AI), highlighting increased adoption and a growing acknowledgment of its...

Monzo’s COO Bhatia Resigns

Sujata Bhatia, the Chief Operating Officer of Monzo, announced her departure from the UK digital bank after five impactful years. She shared her decision via...

Green Finance Institute Warns UK GDP May Drop 12% Due to Environmental Degradation

According to a study by the Green Finance Institute, environmental degradation could potentially lead to a 12% decline in the UK's GDP in the coming...

Frank Founder Javice Convicted of Defrauding JPMorgan

Charlie Javice, the founder of the student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in connection with its $175...

Former UBS CEO Hamers Partners with AI Wealth Management Startup Arta Finance

Ralph Hamers, the former CEO of UBS, has taken on the role of external senior advisor at Arta Finance, an innovative digital wealth management startup...

Lloyds Partners with Doshi to Foster Gamified Learning for Youth

Lloyds Bank is collaborating with fintech company Doshi to create an interactive financial education platform designed specifically for students and young adults. This innovative platform...

IFC and SocGen’s Romania Partnership Represents a Significant Achievement in Sustainable Finance

Societe Generale (SocGen) and the International Finance Corporation (IFC) have entered into a Collaboration Framework Agreement aimed at enhancing sustainable finance initiatives in developing nations....

Microsoft Banking Executive Christofi Joins PwC as Partner

Lilia Christofi, who previously served as Microsoft’s head of banking for the EMEA region, has joined PwC to spearhead the consulting firm’s financial services data...