UK digital wealth manager Rosecut scores investment
London-based AI-enhanced digital wealth manager Rosecut Technologies has secured investment from QVentures.
Sibos: Swift to add blockchain-based ledger to infrastructure stack
Bank-to-bank payment network Swift is to develop a shared digital ledger with 30 member banks to test the use of blockchain technology for real-time cross-border payments.
Société Générale CIO: how BaaS is future-proofing banking business models
Claire Calmejane, chief innovation officer of Société Générale, tells Finextra Research that Banking-as-a-Service platforms are playing for both sides of the field with both greenfield and incumbent banks future-proofing their businesses against the evolving face of financial services.
CPS originations up 51.7%
Consumer Portfolio Services’ originations increased in the fourth quarter as the company looked to grow its portfolio in 2025 and…
Shawbrook slashes mortgage product development time by 88%
Shawbrook Bank has used technology and DevOps development training from AND Digital to reduce the time required to switch mortgage products from 107 days to just 13.
F&I Sentinel makes 4th major move of year by hiring CFO
Earlier this week, F&I Sentinel made its fourth major move so far this year, announcing its chief financial officer. After landing funding from Calera Capital in February and hiring two former F&I Express executives and adding former Hudson Cook partner … [Read More]
Switzerland launches Green Fintech Network
Switzerland is setting up a Green Fintech Network to help the country take advantage of the “great opportunity” presented by sustainable finance.
FundOnion launches business finance comparison site
An AI-backed finance comparison site, called FundOnion, has launched to help small businesses in the UK find funding.
DORA to spark changes in risk management tech
The imminent introduction of the EU’s Digital Operational Resilience Act (DORA) will force sell-side firms to make significant changes to their third party risk management software and strategies, suggests a recently published survey.
TD to roll out anti-money laundering tools in Q3
TD Bank will roll out additional tools in 2025 to identify and remediate suspicious activity linked to money laundering after…
PODCAST: TransUnion explains auto-refinancing opportunities with 18M consumers
Even without the aid of an interest rate cut from the Federal Reserve that’s displaying some dissension, TransUnion is bullish about the prospects from auto refinancing. Analysts acknowledged many consumers continue to face pressure on their household budgets, prompting a … [Read More]
Wells Fargo, Westlake roll out floorplan benefits
Commercial auto lenders are offering benefits to dealers who use them for floorplan financing as inventory builds and costs rise. …
Canadian dealers face higher costs, limited floorplan options
Canadian auto dealers facing higher floorplan costs are being strategic when it comes to supply on their lots as consumers…
UK Treasury rebuffs calls for crypto to be regulated as gambling
The UK Treasury has firmly rejected proposals by an all-party parliamentary committee for consumer trading in unbacked crypto such as bitcoin and ether to be regulated as gambling.
Opportunity Finance Network & MassMutual Foundation unveil $25M partnership to scale CDFIs
Opportunity Finance Network (OFN) this week announced a strategic, five-year partnership with the MassMutual Foundation to launch the CDFI Innovation Initiative, a new effort designed to drive innovation, scale impact and build new infrastructure for the Community Development Financial Institution … [Read More]