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/sustainable

What biodiversity entering the mainstream means for private finance

A common thread has emerged from COP16: private finance mobilisation will define the scale at which progress grows in the coming years, but it cannot do it alone.

/sustainable

EBA publishes final guidelines on ESG risk management

The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.

/cloud

BNP Paribas taps Oracle for cloud solutions

BNP Paribas has announced that it will adopt Oracle Exadata Cloud@Customer solution into its cloud strategy to strengthen security and customer personalisation in their systems.

/regulation

European Court of Auditors flags concerns over EU price interventions in card market

The European Court of Auditors has raised concerns over how the EU goes about price interventions in the card market and its approach to open banking data sharing.

/retail

De La Rue gets takeover approach

De La Rue has received a preliminary takeover offer from the same group of investors which in December made a bid for up to 40% of the UK banknote printer.

/security

Thieves attach boat-lifting straps to car to rip out cash machines

Heavy-duty strap used to lift boats out of water have been linked to a series of cash machine raids in Worcestershire.

/regulation

CFPB gives FDX green light to issue open banking standards

The Consumer Financial Protection Bureau has approved Financial Data Exchange (FDX) as the first standard setting body for the regulator's new open banking regime.

/people

Former Finastra CEO Simon Paris tips up at Unit4

Days after departing from Finastra, former CEO Simon Paris has resurfaced as chief executive officer of enterprise resource planning oufit Unit4.

/retail

Lloyds branch shake-up raises fears of more closures

Customers of Halifax, Lloyds and Bank of Scotland will be allowed to use any of its branches under a shake-up that has sparked fears over more branch closures at the lender.

/ai

AI threatens as many as 200,000 jobs in global banks - Bloomberg

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.

/startups

UK fintech market investment declines by 37%

Despite a brutal slowdown, the UK market for fintech investment has retained second place globally behind the US, according to the annual marekt barometer from Innovate Finance.

/people

US WealthTech Orion hires Arun Anur as COO

US WealthTech Orion has appointed fintech veteran Arun Anur as chief operating officer.