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Banking Technology Magazine February 2024 issue out now

The February edition of Banking Technology Magazine discusses challenges in the banking and fintech industry in 2024. Mass layoff announcements were reported across...

UK’s PRA fines HSBC £57m for “historic depositor protection failings”

HSBC was fined £57.4 million by the UK’s Prudential Regulation Authority (PRA). Fine issued to HSBC's European holding company (HBEU) and UK subsidiary...

CFPB proposes new laws to stamp out NSF fees for transactions declined in real time

The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...

The Philippines’ UnionBank taps Informatica for MDM solution

UnionBank's Digital Transformation:UnionBank of the Philippines is actively pursuing digital transformation and transitioning to the cloud. The bank has adopted Informatica's Master...

EBA addresses ESG and climate change risks with new proposed guidelines

The European Banking Authority (EBA) drafts new guidelines for managing ESG risks. Active ESG factors, like climate change and social conflict, present challenges...

Finnish fintech Aibidia names Matthias Grabellus as new chief product officer

Aibidia, a Finnish fintech, appoints Matthias Grabellus as Chief Product Officer (CPO). Grabellus will lead the development of Aibidia's transfer pricing platform to...

Business spend management platform Payhawk lands UK EMI licence

Payhawk, a business spend management platform, has obtained an Electronic Money Institution (EMI) license from the UK's Financial Conduct Authority (FCA). The Bulgarian...

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