UK Government Targets Late Payments Legislation
A new Fair Payment Code has been introduced by the UK government to address the issue of late payments affecting SMEs. This code will replace...
Nasdaq Boosts Digital Banking Footprint in Latin America
Digital bank Nubank has chosen Nasdaq's regulatory reporting system, AxiomSL, for its operations in Latin America. This partnership builds on an existing relationship, with Nasdaq...
Fidelity and Abrdn Become Founding Members of New Investment Platform Trade Association
Facing increasing regulatory scrutiny, Abrdn, Fidelity, and SS&C have joined a new UK trade association for investment platforms. The Platforms Association aims to provide a...
Hong Kong Regulator Initiates Pilot Program for Tokenization
The Hong Kong Monetary Authority (HKMA) has initiated the second phase of its digital Hong Kong dollar pilot study, known as Project e-HKD. In this...
Survey Reveals Resistance to Technology Adoption in Financial Institutions
Recent research indicates that many financial firms in the UK exhibit a risk-averse attitude toward adopting new technology. Nearly two-thirds (59%) of the surveyed institutions...
HSBC Unveils Transaction Platform to Support Companies Aiming for Global Expansion
HSBC has launched a comprehensive domestic and cross-border payments platform designed for businesses aiming to expand internationally. Smart Transact enables firms to effectively manage their...
BlackRock Partners with Fintech Scotland
BlackRock, the world's largest asset manager, has announced its membership in Fintech Scotland, an organization dedicated to promoting the fintech sector in the country. This...
AI: A Preview of Speakers and Participants
Finextra is excited to announce its first Next:Gen AI event, scheduled for 26 November 2024 in London. This event aims to reshape perceptions of AI...
HSBC Urges Tech Giants to Assist in Reimbursing APP Fraud Victims
A senior HSBC executive has joined other banking leaders in urging technology and social media companies to contribute to the compensation of victims of Authorised...
Israeli Regulator Approves AI Chatbot for Stock-Picking Recommendations
AI startup Bridgewise has received approval from Israeli regulators to launch a chatbot designed to provide stock trading advice. The Israel Securities Authority (ISA) has...