Sustainable money app Zero goes live
Sustainable money app Zero is opening for investments on Crowd Cube as it begins the roll out of its debit card, personal current account, and app for climate-conscious consumers.
CFPB targets Experian via lawsuit over credit report errors
The Consumer Financial Protection Bureau (CFPB) is suing Experian, claiming the nationwide consumer reporting agency is unlawfully failing to properly investigate consumer disputes. According to a news release distributed on Tuesday, the CFPB alleges that Experian does not take sufficient … [Read More]
Marine dealers reluctant to order even as supply falls 19%
Marine dealers remain reluctant to order inventory despite a decline in supply in August, largely due to macroeconomic uncertainty, as…
HSBC opens London and Toronto data and innovation labs
HSBC has opened two data and innovation labs – in London and Toronto – that will house specialists in areas such as analytics and robotics working on products and services for the bank’s global banking and markets (GBM) unit.
ARA seeks nominations for 7 industry awards
The American Recovery Association said submissions are open for the 2023 NARS Industry Awards, which will be given during the 15th annual North American Repossessors Summit (NARS) on April 6-7 in Orlando, Fla. Awards will be handed out in seven … [Read More]
Banks failing to tackle climate risks says ECB
The European Central Bank has uncovered significant shortcomings in the ability of EU banks to adequately cover their exposure to climate-related risk.
Auto credit tightens again with banks expecting it to remain that way
Cox Automotive reported that credit availability for auto finance recently dropped to a two-year low. And the April 2023 Senior Loan Officer Opinion Survey on Bank Lending Practices orchestrated by the Federal Reserve showed that level might stay there for … [Read More]
Bank of Ireland to roll out bio-sourced cards
Bank of Ireland has begun rolling out bio-sourced debit and credit cards across its entire cards portfolio.
LexisNexis Risk Solutions and Finextra Research partner for Trust:Live 2023
LexisNexis® Risk Solutions and Finextra Research will be hosting Trust:Live 2023, an exclusive in-person event for all fraud and identity decision makers that brings together industry leaders, experts and innovators to discuss the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models
USAA eyes ‘1-click’ mobile auto applications
USAA is improving its mobile app during the next 18 months to allow for a fully digital loan application experience….
AFP: Fraud is the biggest painpoint for accounts payables automation
Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.
Financial Cloud Summit 2023: ChatGPT says banks should be multi-cloud
Cloud migration is a major part of the financial industry today; traditional banks and emerging fintechs are in process of transitioning online to cloud services to become scalable, agile, and operate at a higher level.
SBI and MAS bid to drive commercial applications of tokenised securities
Japanese financial conglomerate SBI is building a commercial framework for cross-border distribution of tokenised securities with pilots in fixed income and asset and weath management.
Coin-cidence? Is cashless society leading to few kids eating coins?
Researchers from the UK’s National Health Service have identified a possible unexpected benefit of the rise in contactless payments: fewer children are turning up at hospitals after swallowing coins.
Shield raises $5m to bring stablecoin payments to exporters
Shield, a neobank startup using stablecoin payments to make life easier for global trade businesses, has raised $5 million in seed funding.