LegalShield: Spiking consumer financial stress ‘not a fluke’
FCA moves to streamline transaction reporting requirements
The UK’s Financial Conduct Authority has set out plans to streamline transaction reporting requirements in a move it says will save firms £100 million a year.
Fintech originations up 12.4% to $454M
Fintechs picked up auto origination volume but continue to represent a small share of the market as industrywide loan and…
US data sharing venture Plaid launches in the UK
Plaid, a US startup that links consumer bank accounts with fintech apps, has launched in the UK.
Biden to hike tariffs on China EVs and offer solar exclusions
President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week,…
AI-powered data platform Daloopa raises $13m
Daloopa, a provider of AI-powered data extraction services to hedge funds, investment banks, and other financial institutions, has raised $13 million in funding.
TikTok faces intense scrutiny from US Congress
US Congress grilled TikTok CEO, Shou Zi Chew, when he appeared before Congress yesterday, as the company faces increasing calls for a US ban.
Consumers optimistic in face of inflation, interest rates
Auto consumers are fairly optimistic about the market despite indicating that inflation and interest rates are top concerns. Approximately 55%…
UK finance faces “existential skills crisis”
The UK’s financial services industry is facing an “existential skills crisis”, says a Government-sponsored report, with graduate recruitment on the wane and existing staff unable to keep pace with dizzying levels of technological change.
Capital One originations tumble, delinquencies rise
Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto lending during the second…
Wise targets huge Indian remittance market
Money transfer fintech Wise is set to take on India’s banks in the country’s $32 billion remittance market after securing a new licence from the RBI.
FTC begins to send more than $9.6M to consumers impacted by CarShield
Consumer sentiment continues to sag as even prime auto ABS experiences turbulence
GIST Impact partners with Global Canopy to help financial institutions assess deforestation risk
The collective goal of this partnership is to make deforestation analysis the norm at every financial institution.














