Augmentum completes £55m fundraising round
Fintech investment trust Augmentum has secured £55m from its latest funding round, exceeding its original £40m target
Visa to recruit 1000 technologists for new Bangalore development centre
Visa is to open a new technology centre in Bangalore, India, next year with the aim of recruiting 1000 staff to work on APIs and software development kits by 2017.
Ford Credit surpasses 60% of funding plan in 1H
Ford Credit in the first half of the year has executed more than 60% of its planned public funding issuance…
Carvana issues $670M ABS deal, eyes growth
Carvana issued its second prime auto asset-backed securitization transaction of the year today as the retailer eyes continued portfolio growth…
Customers fume as HSBC goes down
HSBC is scrambling to fix glitches in its mobile and online banking systems that have presented customers with error messages, missed payments and inaccurate account information.
4 compliance tips for powersports lenders, dealers
As the compliance landscape shifts, powersports lenders should keep an eye on consumer grievances and properly train their teams to…
Former UBS investment analyst unveils voice cloned AI education tool
Geoff Robinson, a former UBS investment analyst, has launched an educational app that uses his digitally cloned voice and AI-generated expertise to help self-directed investors lean on his experience.
Wealthsimple quits UK market
Canadian fintech giant Wealthsimple is pulling out of the UK investment market, transferring its customers to Moneyfarm.
Algo trading firm XTX to build €1bn data centre hub in Finland
Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.
Qonto announces European expansion
French neobank Qonto is set to open new offices in Austria, Belgium, Portugal and the Netherlands as part of a European expansion plan.
On-chain privacy critical to unlocking blockchain potential – JPMorgan
On-chain privacy and advancements in identity management will be crucial to unlocking the potential of blockchain technology and asset tokenisation in financial markets, according to a JPMorgan white paper.
700Credit finalizes affiliation with OTTOMOTO
Last week, 700Credit announced an affiliation with OTTOMOTO, a platform designed to streamline every part of the retail finance process — from credit applications through funding. With this new relationship, OTTOMOTO has integrated 700Credit’s compliance and prequalification soft pull solutions … [Read More]
Grab goes deeper into financial services
South East Asian super app Grab has further extended its remit into financial services with the launch of its first micro-investment service, third-party loan platform and ‘buy-now-pay-later’ products for e-commerce websites
CDK tells car dealers their systems likely offline several days
Auto retailers across the US are likely to be out of service for days following a second major cyberattack at…
EBAday 2022: Cloud is a core pillar of payments, but it’s not magic
Kicking off an afternoon of sessions at EBAday 2022 in Vienna on how technology can take payments to the next level, Patricia Hines, head of corporate banking research, Celent moderated a panel with Patrice Amann, regional business lead – EMEA financial services, Microsoft; Philipp Höfer, group product owner cash management, Raiffeisen Bank International; Jon Lloyd, head of customer success for Europe, Form3; and Steve Wright, principal commercial consultant, Lusis Payments and Consultant, Hewlett Packard Enterprise.