MasterCard Canada plans app developer challenge
MasterCard is inviting Canadian coders to participate in a two-day developer challenge, building payments-related apps for cash prizes.
Bolt launches SuperApp combining one-click crypto and everyday payments
Bolt has released a new SuperApp combining one-click crypto and everyday payments to compete with the likes of Coinbase, Zelle and PayPal.
Fisker slashes EV prices as much as 39% in fight for survival
Fisker Inc. dramatically reduced the price of the Ocean sport utility vehicle — its only model — as the electric-car…
Finextra announces inaugural Financial Cloud Summit
Finextra is pleased to announce the launch of its inaugural Financial Cloud Summit, set to take place in early 2023.
Open Lending broadens program to older vehicles
Perhaps that older model included in the pitched paper from a dealership in your network now looks a little more appealing when viewed through the updated tool from Open Lending Corp. Last week, the enablement and risk analytics solutions provider … [Read More]
Alibaba begins public listing of cloud division
Chinese e-commerce giant, Alibaba, has announced its plans to spin off its cloud division into a separate publicly traded company. This comes after the Alibaba’s extensive restructuring which reorganised the company into six divisions earlier this year.
Revolut to buy Argentina’s Banco Cetelem – Bloomberg
Fintech giant Revolut is set to buy Small Argentinian lender Banco Cetelem from BNP Paribas, according to Bloomberg.
June motorhome values up 0.5% YoY
Mortorhome values increased while towable values fell year over year in June. Average motorhome values jumped 17.7% month over month and…
Repo assignments hit 2.1M YTD through April
Vehicle repossessions and delinquencies are increasing as consumers continue to grapple with rising costs. National repossession assignments totaled 2.1…
America’s biggest banks put to the test in climate risk pilots
Six of America’s biggest banks are to participate in a year-long climate scenario analysis exercise, testing their ability to cope with hypothetical climate-related risks.
Fed’s Waller makes argument for rate cut next week
For dealerships and finance companies looking for an interest rate cut next week, Christopher Waller of the Federal Reserve is arguing vehemently on your behalf. During an appearance last week at New York University, the Fed governor recapped the position … [Read More]
Starling launches AI tool for scam monitoring
UK challenger bank Starling has launched what it claims is the UK’s first AI tool designed to spot purchase scams.
PODCAST: New Primeritus Financial Services CEO Steve Norwood
This summer certainly has been a season of change for Primeritus Financial Services, which now has a new chief executive officer and chief financial officer. Taking on the CEO post is Steve Norwood, who previously led Consolidated Asset Recovery Systems … [Read More]
Former NAFCU president & CEO joins Open Lending as strategic advisor
The largest portion of Open Lending’s client base consists of credit unions. The company’s newest advisor knows that segment of financial institutions quite well. This week, the auto financing facilitator and provider of risk analytics solutions announced Dan Berger, former … [Read More]
Portrait Analytics raises $3m for generative AI investment research platform
Portrait Analytics, the startup behind a generative AI research platform for investment analysts, has raised $3 million in pre-seed funding led by .406 Ventures.