Revolut plots push into private banking
Revolut is planning to move into the private banking market, expanding its service suite beyond the retail sector to cater for the needs of high net worth individuals.
Sibos: The future of ‘evenly distributed’ tokenisation
The National Bank of Kazakhstan will provide clients the “ability to spend crypto tokens” by the end of this year, announced Assel Marchenko, CTO and deputy of CEO, National Bank of Kazakhstan, at Sibos today.
Italy’s Banca Investis launches ‘digital junior banker’ with GenAI
Italy’s Banca Investis has launched an app that provides banking customers with real-time investment advisory backed by generative AI.
HSBC shifts R3 Corda to Google Cloud
HSBC has become the first bank to start using R3’s Corda enterprise blockchain network on Google Cloud.
BIS researchers harness AI to forecast financial market dysfunction
Researchers from the Bank for International Settlements have used AI to produce daily forecasts of market dysfunction 60 business days before thy actually happen.
Nonprime new EV financing up 53% YoY
The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020. In the…
PassTime recaps 2 recent cases of aiding law enforcement
PassTime might not have a badge, but the GPS solutions provider was recently involved in a pair of incidents where the company provided crucial assistance to law enforcement. Through a post on its website and another on social media, PassTime … [Read More]
PayPal uses stablecoin to invest in blockchain risk management startup
PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.
Klarna unveils stablecoin
Klarna is launching a dollar-backed stablecoin on the new blockchain from Stripe and Paradigm.
EDMC study highlights 11 key challenges around ESG data
The EDM Council (EDMC) has just released a study which provides recommendations to ratings providers and data aggregators (RPDAs) on major challenges around the ESG data supply chain.
Santander Spain appoints new CEO Ignacio Juliá
Ignacio Juliá, formerly CEO of ING for Spain and Portugal, is to be appointed as CEO of Santander Spain.
ING to sell 85% stake in fintech spin off Cobase to Alpha Group
UK-based Alpha Group is to acquire 85% of Cobase, an ING-nurtured fintech that enables corporates to manage their banking relationships, accounts and transactions in one interface.
Pebble smartwatch gets first payment app
The Pebble smartwatch has got its first payment app, using a software development toolkit from mobile payments network LevelUp.
Finastra wins second neo banking client for cloud-based core package
Finastra has scored its second core cloud banking deal with an up-and-coming UK neo bank, adding SME-focused startup Gravity to its client roster.
Barclays and BNP Paribas invest in Capitolis
Barclays and BNP Paribas are the latest big-name banks to invest in Capitolis, bringing the capital markets tech provider’s strategic funding round up to $56 million.