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HSBC is teaming with Google Cloud to provide financing to climate-mitigating companies on the cloud provider’s network.  Google Cloud will connect the companies with HSBC’s climate tech finance team to explore venture debt financing options, according to a Feb. 8 release.  The Google Cloud Ready – Sustainability program tracks companies that help their customers achieve…

Financial institutions are identifying uses for AI throughout their operations, creating increased demand for data scientists in the financial services industry.   “We’re seeing a rapid push into the hiring of data scientists,” Kevin Green, chief product and marketing officer at software development company Truent, told Bank Automation News.   A data scientist combines math, statistics, programming,…

Things we’re reading today include … Monzo reaches nine million customer milestone (finextra.com) Commonwealth Bank chief executive Matt Comyn makes shock cash confession | Daily Mail Standard Chartered needs drastic action, not diplomatic polish (ft.com) How investors can hold greenwashing banks to account — The Bureau of Investigative Journalism Zain Launches Innovative Fintech App Offering……

I’ve just finished a very long and fascinating read by Cory Doctorow in The Financial Times, talking about how the Big Tech giants have turned our world to shit. He calls it the enshittification process. The process runs in four stages: they claim platforms are good to their users: don’t be evil; making the world……

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account…

Temenos AG plunged by nearly a third, slashing its market value by $2.1 billion, after Hindenburg Research took a short position and suggested serious flaws in the books of the Swiss provider of software for banks. The Swiss company denied the report, saying it contained “factual inaccuracies and analytical errors, together with false and misleading allegations.” In its…

NCR Atleos reported that its self-service banking business continued to grow in the fourth quarter.   NCR added more than 2,000 ATMs in the quarter, making the total number of active units 20,000, Chief Executive Tim Oliver said during NCR’s Q4 earnings call on Feb. 14. NCR supplied hardware, software and operational services, according to NCR’s…

Financial institutions prioritize investment in cybersecurity technology but no matter how much they spend for protection, their systems and data remain vulnerable.   “You could never say any organization is 100% secure and they’ll never be hacked,” Ray Kelly, fellow at cybersecurity company Synopsys Software Integrity Group, told Bank Automation News, noting that even the U.S.…