Southeast Toyota Finance’s Bill Shope retires
Long-time Southeast Toyota Finance leader Bill Shope has retired after 35 years with the company, prompting leadership changes. Southeast Toyota…
Swiss fintech Radicant sacks CEO
Radicant Bank, a Switzerland-based digital bank, has sacked its CEO and co-founder after an internal email blasting critics and local politicians was leaked online.
Meta forms data-sharing programme with UK banks to tackle scammers
Tech giant Meta says it will expand an information sharing partnership with UK banks after a pilot with NatWest and Metro helped take out thousands of scammers on its platforms.
Ziglu raises £5 million; plans to introduce Ziglu Coin
Ziglu, a UK-based cryptocurrency business that once commanded a $170 million price tag, has raised £5 million at a £45 million valuation.
Fintech valuations stabilising says VC fund chief
The fintech market is returning to some sense of normality in terms of valuations after a period in which it “largely lost its head”, according to a leading investor.
85% of auto transactions begin online
Online vehicle sales remain stunted by pricing discrepancies and consumer distrust as dealers search for technologies capable of bridging the…
Mastercard joins $12 million Series A in Australian fintech WeMoney
Mastercard has joined a $12 million Seires A funding round in Australian financial comparison site WeMoney.
Motorhome values decline, towables rise in January
Auction values for motorhomes fell in January following a jump in December, while towable values inched up ahead of the…
BlackRock to buy private markets data platform Preqin for £2.5 billion
BlackRock is to acquire private market data firm Preqin for £2.55 billion in an all-cash deal expected to close before year end.
Bank of America pledges £1.2 million to Oxford research teams tackling climate change
Bank of America has pledged £1.2m to the University of Oxford to support greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment.
Wells Fargo Auto originations decline 18%
Wells Fargo Auto tallied a dip in origination volume during the first quarter as the bank’s auto book continued to…
Mastercard takes 360-degree approach to cover stablecoin transactions
Mastercard is doubling down on stablecoins, unveiling new global end-to-end acceptance and payments capabilities.
Bank Leumi to run fintech hackathon
Israel’s Bank Leumi is joining the fintech hackathon craze, calling on developers to come to Tel Aviv and build financial services-related apps for the chance to win a cash prize.
Lloyds seeks out fintechs for ‘Launch Innovation’ programme
Lloyds Banking Group is opening application for its ‘Launch Innovation’ programe to discover potential fintech partnerships.
Mastercard unveils carbon calculator for banks
Mastercard has teamed up with Swedish fintech Doconomy to develop a carbon calculator that banks can integrate into their apps to give customers a snapshot of the emissions generated by their purchases across spending categories.