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Tag: financial services 2025

New ISSB changes cut reporting burden for banks

The International Sustainability Standards Board (ISSB) has announced a series of amendments to its IFRS S2 climate-related reporting standard, easing greenhouse gas (GHG) disclosure...

Ransomware hits $2.1bn as FinCEN highlights 2023 surge

A new analysis from the U.S. Department of the Treasury’s FinCEN has revealed the scale of ransomware activity reported by financial institutions, showing more...

UK financial services jobs shrink as AI reshapes sector

The UK financial services workforce is experiencing a marked contraction, with new analysis of FCA permissions data showing a decline across nearly all regulated...

NZBA members vote on shift to framework model

The Net-Zero Banking Alliance (NZBA) has announced a significant development that could reshape how it supports banks in addressing climate change and economic resilience....

FMA unveils priorities to boost trust in finance sector

The Financial Markets Authority (FMA) has set out its regulatory priorities for the years ahead, placing innovation, market confidence, and strong conduct standards at...

John Edison joins SymphonyAI to lead FS growth

SymphonyAI, a vertical AI solutions provider, has appointed John Edison as president of its Financial Services division. Based in Atlanta, Georgia, Edison brings over 20...

Leeds reforms aim to boost UK financial sector growth

UK Chancellor Rachel Reeves has unveiled a major overhaul of the country’s financial services regulations, including changes to the contentious bank ringfencing rules, in...

UK regulators revise MoU to streamline payments oversight

UK financial regulators have renewed their commitment to better coordination in the fast-evolving payments sector through an updated Memorandum of Understanding (MoU). According to Finextra,...

Kaizen appoints Michael Leach as chief revenue officer

Kaizen, a leading RegTech company offering compliance solutions to global financial institutions, has announced the appointment of Michael Leach as its new chief revenue...

UK passes data bill to unlock open finance future

The UK Government has taken a significant step towards broadening the scope of open banking with the passage of the Data (Use and Access)...
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