LSEG unifies global finance ops on Oracle Cloud
London Stock Exchange Group is unifying its global finance operations on Oracle Cloud, replacing a host of legacy systems with the vendor’s applications.
Japan reiterates it cannot accept 25% car tariffs from US
Japan’s chief trade negotiator Ryosei Akazawa said the country can’t accept the US’s 25% tariffs on cars, adding that the…
BBVA launches digital bank in Germany
Spain’s BBVA continues its European expansion, launching a 100% digital retail bank in Germany.
Tricolor exit could have ripple effect on small subprime lenders
As two subprime lenders are pausing or shuttering business, lenders say the success gap between small- and large-scale lenders may…
Top 5 challenges facing Nordic banks in 2025 – and how NextGen Nordics can help
The Nordic banking sector, known for its advanced digital landscape and commitment to financial innovation, is experiencing a wave of new challenges in 2025. These challenges are largely driven by rapid technological advancements, stringent regulations, and the evolving demands of consumers.
TCF 2024 day 1: New CEO gives opening address
Jean-Pierre Brulard, CEO, Temenos, kicked off day one of Temenos Community Forum (TCF) with an opening address after a handover from former CEO Andreas Andreadas.
Reaction & suggestions following key CFPB victory at Supreme Court
The Consumer Financial Protection Bureau gained a significant judicial victory this week involving a case about the constitutionality of the CFPB’s funding structure. In a 7-2 ruling, the Supreme Court said the bureau’s funding is constitutional, triggering an array of … [Read More]
OpenAI acquires AI-powered personal investing app
OpenAI has acquired AI-powered personal finance app Roi in a deal that secures the services of the latter’s CEO Sujith Vishwajith.
Cornerstone Advisors research on what subprime & near-prime consumers want from banks & credit unions
New research from Cornerstone Advisors showed a path that could benefit banks and credit unions and consumers with subprime or near-prime credit scores. The provider of business and technology consulting services for banks, credit unions, and fintech firms estimated that … [Read More]
Bankruptcy filings up 13%, pose opportunity for subprime lenders
A steady increase in bankruptcy filings over the past three years poses a growth opportunity for subprime auto lenders. FinBe…
Caixabank tech subsidiary to hire 500 developers
The technology subsidiary of Caixabank is to hire 500 developers in the first quarter, surpassing 1600 employees.
Details of Tricolor’s latest bond to provide auto financing to Hispanics
On Wednesday, Tricolor announced its fourth social bond — a $277 million issuance — designed to cater to underserved, low-income Hispanic communities and provide access to auto financing. The award-winning fintech company that leverages artificial intelligence to successfully underwrite and … [Read More]
SavvyMoney scores $225m investment
SavvyMoney, a provider of financial wellness tech to banks, credit unions and fintechs, has secured a $225 million minority investment.
Tencent backs Finnish fintech Enfuce
Finnish fintech Enfuce has raised €7 million in Seris B funding, including a €5 million investment from Chinese behemoth Tencent.
PSR to take action against card schemes after 25% hike in fees
The UK’s Payment Systems Regulator is take action against Mastercard and Visa in the wake of steep hikes on card fees by the duopoly.