FinTech
Addressing the Inaction on Biodiversity in Financial Portfolios
Understanding the Urgency and Importance of Biodiversity in Investment StrategiesHighlights: Financial inaction on biodiversity threatens long-term sustainability of portfolios.Investors are encouraged to incorporate biodiversity...
FinTech
Pomelo Integrates US Consumer Credit and International Money Transfers to Enhance Remittances
A Novel Solution for Seamless Financial Transactions from the US to the PhilippinesHighlights: Pomelo combines consumer credit options with money transfer services.The service aims...
Banking
BMO Joins IBM Quantum Network
Canadian bank partners with IBM to leverage quantum computing for financial innovation.Highlights:First Canadian Bank: BMO is the first Canadian bank to join the...
Banking
Standard Chartered Launches AI-Powered FX Insight Videos
Innovative AI-driven videos provide real-time FX market insights to clients.Highlights:Industry-First Initiative: Standard Chartered has launched an industry-first AI-powered video column called "Wealth Management...
Banking
UK Neobanks Gain Market Share from Traditional Banks
Digital-only financial providers are increasingly capturing market share from traditional high street banks in the UK.Highlights:Market Growth: Neobanks like Monzo, Starling, and Revolut...
Banking
Temenos Sells Multifonds for $400 Million
Swiss banking software company Temenos offloads asset administration business to Montagu Private Equity.Highlights:Sale Announcement: Temenos has sold its asset administration business, Multifonds, to...
Banking
Standard Chartered Predicts Bitcoin to Reach $500,000 by 2028
Major financial institution forecasts significant growth for Bitcoin driven by institutional adoption and market stability.Highlights:Bold Prediction: Standard Chartered predicts Bitcoin will reach $500,000...
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