LHV opens development hub in Leeds
Estonia’s LHV Group, is to open a second UK office in Leeds to house the firm’s engineering and development teams.
BCA Syariah partners Thought Machine to modernise Islamic finance
Indonesia-based Islamic banking services provider BCA Syariah has rolled out Thought Machine’s cloud-native Vault Core platform.
Fintech funding bucks the downward trend across Europe
Innovations in AI and embedded finance have kickstarted a recovery in fintech funding, according to Q3 figures compiled by Dealroom.
Mercedes car sales drop as tariffs crimp demand in US, China
Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit…
Deutsche Bank invites Amazon, Google and Microsoft to pitch for tech overhaul
Deutsche Bank is inviting bids from tech giants Amazon, Google and Microsoft to fix its outmoded technology estate, according to a report from Reuters.
2025 SAAR projected to decline in wake of tariffs
Incoming tariffs are expected to slow auto sales, contributing to a decline in 2025’s previously forecasted sales. The seasonally adjusted…
KBRA spots continued seasonal improvement
Amazing what federal income tax refunds can do for the health of your portfolio, huh? Kroll Bond Rating Agency (KBRA) said April remittance reports showed auto finance credit performance improved for the second consecutive month across both prime and non-prime … [Read More]
Toulouse lets commuters pay their fare with crypto
Public transport passengers in the French city of Toulouse can now pay for their rides in bitcoin.
F&I Sentinel adds 2 veterans to executive leadership team
In February, F&I Sentinel announced its founders partnered with Calera Capital, a leading middle-market private equity firm. On Thursday, the compliance solutions provider with respect to the financing of F&I products reinforced its executive team with two former team members … [Read More]
Credit Suisse unit buys NorthPoint technology
Credit Suisse Asset Management’s fintech growth equity unit has acquired the investment management software and services business NorthPoint Technology. Financial terms were not disclosed.
US falling behind peers on CBDC progress, warns think tank
The United States’ slow progress on central bank digital currencies is seeing it fall behind the likes of China, India and the European Union on the future of money, warns think tank The Atlantic Council.
Labour vows to make UK fintech leader
The UK’s Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.
Ford Credit lease share jumps to 18% in Q3
Ford Credit’s leasing share picked up in the third quarter as its U.S. portfolio increased, but finance penetration declined. The…
Green Dot launches embedded finance brand
Digital bank and fintech provider Green Dot has launched an embedded finance brand and platform of services.
CommBank’s x15Ventures invests in Xccelerate winner Gable
CommBank’s venture scaling arm x15Ventures has invested in Seattle-based data management startup Gable, which emerged as the winner from a field of fintechs participating in its latest Xccelerate24 programme.