Nvidia aims to expand AI reign with robots, desktop systems
Nvidia Corp., looking to cement its place at the heart of the artificial intelligence boom, laid out plans for more…
Experian launches new tool to combine credit, cash flow & alternative data into single score
This week, Experian rolled out what the company said is the most advanced credit decisioning model it has ever released, marking a “positive milestone in Experian’s mission to help increase fair access to credit.” The company highlighted the Experian Credit … [Read More]
Consumer loan fraud jumps 419% at credit unions in last decade
Credit unions encounter consumer loan fraud at a much greater rate than other lenders, as all lenders look for solutions…
USDC issuer Circle files for IPO
Circle Internet Financial, the issuer of the USDC stablecoin, has filed with the Securities and Exchange Commission for an initial public offering (IPO).
MasterCard begins recruitment campaign for New York innovation lab
MasterCard is advertising for software engineers graduating in 2014 to work in a new mobile e-commerce technology lab in New York City.
CommBank joins OpenAI goldrush
Australia’s CommBank has joined the rush of financial institutions to form a relationship with OpenAI, striking a multi-year deal to provide employees with access to ChatGPT Entperise.
RegTech startup Amlyze snags $1 million pre-seed investment
Vilnius-based RegTech startup Amlyze, has concluded a $1 million pre-seed investment round led by Practica Capital, with participation from Lithuania’s Firstpick accelerator and venture capital fund.
Emea fintech takes biggest hit in funding downturn
The European fintech industry bore the brunt of a global drop in fintech funding during the first half of 2023, declining by more than half over the peceding period.
PayPal invests in Tink
PayPal has made a strategic investment in Swedish Open Banking platform Tink as part of a wider partnership between the two firms. Terms of the investment were not disclosed.
Open Lending research: Near- and non-prime consumers face shrinking access
Open Lending highlighted three main findings from its first Near- and Non-Prime Consumer Update, a quarterly proprietary data report on automotive finance trends in the near- and non-prime credit segments. Researchers found not only how much originations in that credit … [Read More]
Fraud exposure expected to reach $8.5B in 2025
The auto industry is likely to face increased fraud exposure in 2025 as lenders move into a more competitive market. …
Big banks join $63m funding round for Luma
Luma Financial Technologies, a platform for structured products and annuities, has raised $63 million in Series C financing led by Sixth Street Growth and joined by a host of existing Wall Street backers.
Core US inflation eases a fourth month, sealing Fed rate cut
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track…
UK dominates European fintech funding
The UK accounted for more than half of European fintech venture funding in the first half of 2025, as the sector reached a point of maturity following a difficult couple of years, according to a Finch Capital report.
Bullish shares more than double in NYSE debut
Investor confidence in the cryptocurrency sector was punctuated after Bullish was valued at $13.16 billion last week, setting the pace for other digital asset firms looking to list in the US.