The Consumer Financial Protection Bureau (CFPB) is warning America's large banks about the practice of charging so-called junk fees for basic customer services like the provision of account information.
“We expect to play a very meaningful role in making sure projects get delivered,” said John Flint, chief executive, UK Infrastructure Bank, regarding the role the bank will have in the HS2 replacement plans in the North of England.
TransactionLink, the drag-and-drop builder saving onboarding teams time and money, has raised a €5m seed round to expand its KYB (know your business) product into new sectors and grow its co-headquarters in Berlin and London.
Birake Exchange, a cryptocurrency exchange specialising in Masternode coins, has partnered with world-leading digital ID verification company IDVerse (previously known as OCR Labs Global) for Know-Your-Customer (KYC) onboarding and secure digital identity verification (IDV).
In the keynote and Q&A session, ‘What is the role of AI in sustainable finance as we consider the role of satellite based geospatial data in city design?', speaker Donna Lyndsay, strategic market lead environment and sustainability at Ordnance Survey, explored the use of data analytics and geospatial technology in green urban planning.
Deutsche Bank's Corporate Venture Capital (CVC) group has invested in Kodex AI, a Berlin-based startup developing a Large Language Model (LLM) application catered to the needs of the financial services industry.
“We are told consistently by financial leaders that trillions of dollars of capital are committed to transforming economies cities, etc. to achieve net zero, yet many of you have noticed that the despite the large amounts quoted the flow appears to be a trickle,” said Simon Perham, head investor outreach Europe, at Carbon Tracker, who moderated the first panel of the day at Sustainable Finance Live 2023.
The UK's Financial Conduct Authority has issued 146 alerts about crypto assets promotions on the first day that new rules came into force governing the marketing of crypto investments.
