Sovcombank becomes the first Russian bank to join the Net-Zero Banking Alliance (NZBA), an industry-led, UN-convened alliance of banks worldwide. The banks committed to aligning their lending and investment portfolios with net-zero emissions by 2050 or sooner, in line with the most ambitious targets set by the Paris Climate Agreement. Sovcombank intends to implement its decarbonization strategy in partnership with the international consultant Accenture.

MarketforceLive is delighted to announce the return of MoneyLIVE Summit 2022, taking place on 28-29 March at the QEII Centre, London.

MoneyLIVE Summit is without a doubt the most senior banking and payments event on the market making it the ultimate destination for those passionate about transforming the industry. The summit is where collaboration is celebrated, views are challenged and visionary ideas come alive.

Over the last couple of years, non-fungible tokens (NFTs) have seen a meteoric rise in popularity and notoriety, slowly solidifying itself in the zeitgeist. They have gone from being unknown mysteries to lucrative items that everyone wants a piece of. With some spending millions on NFTs, such as the $69.3m sale of Beeple’s The First 5000 days, is this NFT bubble about to pop?

What is an NFT?

Experts from global payments and card issuance leader share what’s hot and what’s not in fintech innovation

Tinkoff Investments has become the first broker in Russia to offer securities trading on  weekends. 

Weekend trading will be available to customers of any Tinkoff Investments plan  between the hours of 10:00 a.m. and 7:00 p.m. Moscow time. The Terms of Service  applicable to each plan will remain the same for weekend operations. Customers can  access weekend trading via their brokerage accounts in the Tinkoff Investments mobile  app and on the Investments section of the Tinkoff website. 

2021 was dominated by unpredictability and market volatility, and from our insights and data it is clear that 2022 is set to follow suit. This year we have already seen strong themes such as the Great Resignation, ESG investing and the digitalisation of financial services. With the pandemic having a significant effect on investments over the past year, the aftermath is only just beginning. 

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown:

‘’Croda International’s share price has dipped on the news that it’s selling its bio-based industrial business to US firm Cargill Velocity Holdings for £778m. Given the review of this part of the business, a sale had been on the cards, so rather than the strategic direction of the Yorkshire based company, it may have been the price tag which disappointed some investors, with expectations that it could have clinched an even higher price tag.

Introducing the Manchester BNPL business that’s taking a more industrial approach to easing payment pressures 

Offering a smarter way to complete financial transactions, PollenPay, a UK-based Buy Now Pay Later (BNPL) company is delighted to announce its exciting launch plans. Led by founder and CEO, Leon Wilson, the business aims to ease pressure on purchases, while ensuring greater levels of financial responsibility amongst its users.  

• 21% of employees are planning to look for a new role in the first three months of 2022
• Three in five (59%) intend to update their CV over the festive period
• Experts predict a boost of job surges in January and beyond, based on historic data

Up to 19.2 million employees[1] are planning to use downtime over the festive period to update their CV, despite pandemic resurgence.