Meta earns a fortune from fraudulent ad sales
Meta estimated that ten percent of its 2024 revenue could come from ads and scammed goods, document seen by Reuters show.
Podcast: ‘Weekly Wrap’ on used-car values, new-vehicle sales
Used-vehicle values declined again in March while car sales improved as the industry shifts toward a buyers’ market. The Manheim…
Weltman, Weinberg & Reis adds 2 attorneys to consumer collections group
Weltman, Weinberg & Reis recently reinforced its consumer collections group by adding two attorneys to the firm’s office in Columbus, Ohio. Joining the creditors’ rights law firm that boasts more than 94 years of client service are Angela Brown and … [Read More]
Japanese startup to issue first yen-denominated stablecoin
Japanese fintech company JPYC Inc. is to start issuing the country’s first stablecoin as early as this autumn.
ARA compiles whitepaper to clear misclassifications about repossessions & ‘tows’
The American Recovery Association published a new whitepaper on Wednesday, attempting to clarify what the organization called misclassifications by finance companies and third parties of what constitutes a repossession and what is simply a vehicle tow. ARA began the whitepaper … [Read More]
4 enhancements to Launcher’s origination platform
On Wednesday, Launcher unveiled the fifth iteration of its loan origination platform. The technology provider said the latest version of appTRAKER LOS vV blends a “staggering” list of process improvements and workflow efficiencies for finance companies utilizing the appTRAKER LOS … [Read More]
DBS uses gamified learning to give staffers AI skills
Singaporean bank DBS has joined forces with AWS to boost the AI and machine learning skills of thousands of staffers through a gamified learning programme that will see participants develop their own autonomous model race cars.
EV credit elimination could contribute to higher losses in ABS deals
Expiration of federal tax credits for new and used electric vehicles could contribute to price volatility, hurting recoveries and leading…
Finextra launches NextGen:AI, a new event defining AI’s future in financial services
Join Finextra in London on 26th November 2024 to challenge the perception of AI and its role in financial services.
PODCAST: Putting Q1 auto-finance data into historical perspective with Experian’s Melinda Zabritski
Melinda Zabritski, Experian’s head of automotive financial insights and one of the analysts among this year’s Automotive Intelligence Award recipients, returned for another appearance on the Auto Remarketing Podcast. Zabritski described what elements were in place to help banks gain … [Read More]
Central banks go to tender for cross-border payments network operator
The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement exercise to appoint a technical network operator.
Coinbase launches stablecoin payments service
Coinbase has launched a stablecoin payments stack to make it easier for online merchants around the world to accept USDC.
WhatsApp Pay made available to all Indian users
Meta-owned WhatsApp has been given the greenlight to roll out its P2P payments service to all of its Indian users.
EBAday 2025: Authologic wins the Fintech Zone
EBAday 2025 hosted 16 pioneering startups to present their proof of concepts to a panel of judges in Paris, France.
CFPB to revisit open banking rule
In its latest about-turn under the Trump administration, the Consumer Financial Protection Bureau is preparing to reopen its recently finalised open banking rule, according to Bloomberg Law.