PayPal lets Apple users ditch passwords for passkeys
PayPal is taking a major step away from passwords, giving users the option of logging in to their accounts with the new industry standard passkey.
European banks join forces to launch euro stablecoin
Nine European bank have joined forces to launch a euro-denominated stablecoin designed to challenge the dominance of dollar-led tokens.
US regulators seek info on bank-fintech relationships
US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.
Swift preps live digital asset trials
Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network.
Ecosia invests in wooden debit card startup
Forget your flash metal debit cards, eco-friendly search engine Ecosia has invested £1 million for a 20% stake in TreeCard, a wooden payment card that channels profits from merchant surcharges into reforestation programmes.
Australia’s Asic highlights governance lag in AI adoption
Australia’s Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.
PODCAST: Moving repo cars & why ‘old habits die hard’
We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion focused on why “old habits die hard” when it comes to transporting repossessed vehicles. Moderated by Jay Wertzberger … [Read More]
Santander pilots in-branch card recycling machines
Santander is piloting a recycling scheme in select UK branches allowing the public to dump expired or unused plastic cards in a safe and green manner.
Digital receipt startup Slip raises £2.5 million
Slip, a female-founded fintech startup which helps physical stores digitise receipts to unlock customer insights, has raised £2.5 million.
Bank of England and NYDFS swap staff with expertise in emerging payments and digital assets
The Bank of England and New York’s Department of Financial Services have reached a resource sharing agreement involving the exchange of senior staff with expertise in emerging payments and digital assets.
Exploring DEI in auto finance, AI, audit
In a world where finance, technology and audit are rapidly evolving, diversity, equity and inclusion are central to driving innovation…
UDPN launches digital currency sandbox
The Universal Digital Payments Network (UDPN) has launched a digital currency sandbox for both commercial and central banks.
Credit access improves again, but approvals drop near lowest point in 3 years
As its experts shared updated trends associated with new-vehicle prices, Cox Automotive also posted its Dealertrack Auto Credit Availability Index for October. Perhaps helping if a non-prime consumer aspires to secure a new vehicle, analysts discovered access to auto credit … [Read More]
Tietoevry Banking achieves mandate for roll out of Verification of Payee
Tietoevry Banking has registered with the European Payments Council as a provider of Routing and Verification Mechanisms (RVM) for Verification of Payee (VoP) as new instant payment regulations come into force across the Eurozone.
FCA fines Macquarie Bank for fictitious trades
The FCA has fined the London branch of Macquarie Bank £13 million for “serious failings” that allowed one of its employees to record over 400 fictitious trades.