Nomura buys stake in smart contract auditor Quantstamp
US-based smart contract auditing startup Quantstamp is setting up shop in Japan following a “significant” investment from Nomura and Digital Garage.
InvestCloud launches digital platform for IFAs
InvestCloud has unveiled a digital platform for wealth management and turnkey asset management programs (Tamps).
Pipe raises funds for SaaS subscription financing platform
Pipe Technologies has raised $60 million in equity and asset financing to support the growth of its SaaS financing platform.
Charles Schwab pays $187m to settle SEC robo-advisor charges
Subsidiaries of Charles Schwab have agreed to pay $187 million to settle SEC charges that they misled clients about fees for the broker’s robo-advisor product.
EIB invests €70m in Italian BNPL unicorn
The European Investment Bank (EIB) has provided €70m in scaled-up debt financing to Scalapay, an Italy-based BNPL provider.
Credit tightening contributes to subprime market shrink
Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter as subprime lenders have…
Fed holds rates, sees slower growth and higher inflation
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower…
Former SAP executives join Deutsche Bank’s new technology team
Deutsche Bank has hired two senior executives from SAP to help guide its global technology and innovation strategy.
Tricolor bondholders seek to subpoena JPMorgan Chase, Fifth Third
A group of Tricolor bondholders has requested to subpoena JPMorgan Chase and Fifth Third Bank to learn whether they had…
Podcast: Nonprime consumers eye gradual improvements on affordability
Near prime and nonprime consumers are seeing some relief from affordability challenges in the automotive industry following rate cuts by…
EBAday 2024: Confirmation of Payee’s impact on instant payments and fraud in Europe
Confirmation of Payee (COP) has a key role in the instant payments infrastructure as a service that verifies account names prior to making a payment, the scheme ensures that funds are being transferred to the correct account.
NatWest releases carbon planner tool to help businesses reduce energy costs
NatWest has created a free to use digital Carbon Planner tool designed to help UK businesses lower energy bills as they cut their carbon footprint.
11 awards given during NARS 2025
The repossession community gathered in Orlando, Fla., last week for the annual North American Repossessors Summit (NARS). Along with organizing insightful panel discussions, crucial training workshops and demonstrations as well as productive meetings between finance companies and repossession agents, the … [Read More]
AFME: ‘Financial materiality is not sustainable finance’s end goal’
In conversation with Richard Peers for Finextra TV, Tonia Plakhotniuk, associate director, policy (sustainable finance & financial reporting) at the Association for Financial Markets in Europe (AFME) traverses a number of predications we can expect to see around sustainable finance in 2021.
Banks set to accelerate spend on AI as productivity surges
Lloyds’ Financial Institutions Sentiment Survey finds that UK financial firms are doubling down on AI as producivity surges.