Dozens of technology leaders have signed a letter to Canada's finance minister calling for a clear roadmap for the delivery of a long-awaited open banking framework.
US payday lender Enova has been fined $15 million by the Consumer Financial Protection Burea (CFPB) and banned from offering short-term loans in the wake of "widespread illegal conduct".
The wealth management sector has paid out £3.8 million in fines issued by the Financial Conduct Authority this year and risks the scale of penalties increasing in the wake of Consumer Duty, behavioural finance experts, Oxford Risk are warning.
Mastercard is supporting Australia's fintech industry with a new program, launched in collaboration with FD Global Connections, to help local innovators strengthen their governance and risk management practices.
Nearly 50 countries - including the US, UK, Brazil and Japan - have signed up to new standards starting in 2027 designed to combat cryptocurrency tax evasion.
The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.
Wolters Kluwer Corporate Performance and ESG (CP & ESG) continues to integrate and extend its portfolio of financial and ESG solutions, this time by integrating ESG reporting and disclosure functionality from CCH Tagetik into its Enablon ESG Excellence solution.
NatWest has scrapped over £7.5 million of former chief executive Alison Rose's payout following her forced resignation due to the shutdown of Nigel Farage's bank accounts.