-
UK’s AI Energy Council targets sustainable energy for AI revolution
In its inaugural meeting, participants agreed on five areas the Council will focus on over the next year.
-
Major UK banks had 803 hours of outages in the last two years
While deeply concerned about affected customers, the UK Treasury Committee was measured in its criticism, expressing gratitude to the banks compensating customers.
-
Stockholm FinTech Week 2025: Open finance – gateway to opportunity or Pandora’s box?
The thought-provoking session was made even more interesting by a bombshell disclosure about the withdrawal of EU FiDA.
-
GRIP Extra: Wise ordered to pay $2.5m CFPB fine, FTC Chairman says “DEI is over”
Other news includes the CFPB mulling moves to prevent debanking, cybercrime websites being seized by EU authorities, and Blackstone staying the course on data center investment.
-
Global fintech funding down 20% as investors abandon ‘pray and spray’
New report on global markets shows US and UK in top spots – but funding for female-led firms takes a hit.
-
GRIP’s ‘most read’ contributed stories in 2024
Compliance and legal professionals will remember 2024 as a year of considerable regulatory activity, major developments in technology, and the inevitable, routine mistakes.
-
Swedish BNPL provider Klarna fined Skr 500m for AML violations
The Swedish Financial Supervisory Authority fined Klarna for violation of several key rules of AML regulations.
-
David Sacks to serve as crypto and AI tsar in new Trump administration
The role is advisory, but will still play a key part in shaping regulatory policies.