Fed’s focus on racial justice is ‘political advocacy,’ GOP senator says

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WASHINGTON — The top Republican on the Senate Banking Committee is slamming three Federal Reserve banks for their work to examine the role racism...

Uncapped moves into banking with $80m funding raise – FinTech Futures

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London-based lendtech Uncapped has raised $80 million in debt and equity. It...

Banking tech startup is unicorn with $250 million from SoftBank

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The banking technology provider Zeta raised $250 million from SoftBank Vision Fund II at a valuation of $1.45 billion, winning its first venture backing...

New York wealthtech Vise raises $65m, hits $1bn valuation

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New York-based investment management platform Vise has raised $65 million in a...

Big banks play ball with SEC on mandatory climate disclosures

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WASHINGTON — Faced with the potential requirement that they inform investors about climate change risks, publicly traded banks so far are taking a collaborative...

AI: The Future of Content Management in Financial Services

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Businesses have become increasingly adept at leveraging data to improve business operations,...

UK payments industry reacts to second SCA deadline extension

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The Financial Conduct Authority (FCA) announced a second six-month extension to the...

JS Bank unveils Pakistan’s “first ever” digital cheque service

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JS Bank has launched its Digi Cheque service across Pakistan, dubbing it...

ComplyAdvantage extends funding round with Goldman Sachs investment

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Regtech firm ComplyAdvantage has received an undisclosed investment from the Growth Equity...

Banks experiment with tying executive pay to diversity goals

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When Black Lives Matter protests spread across the nation last year, many banks responded with splashy pledges to do better, in part by hiring...

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