TrueLayer launches Open Banking-based payments API
TrueLayer has launched an Open Banking and PSD2-based payments API, giving businesses and consumers an alternative to card payments and bank transfers.
60-month loan rates tick down while lenders hold steady
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down…
FTC sends annual report to CFPB recapping activities regarding financial acts
Last week, the Federal Trade Commission provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities in 2023 on the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), and Electronic Fund Transfer Act … [Read More]
RV dealers, lenders skeptical about AI
Most RV dealers and lenders agree that AI will revolutionize how the industry makes and saves money, but they wonder…
Robinhood to bring tokenisation to Europe
US-based stock trading app Robinhood is planning to expand its European presence by offering investors in the region access to tokenised US securities.
USED CAR WEEK 2023 PODCAST: Women in Collections and Recoveries panel
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. This episode features some of this year’s honorees among Women in Collections and Recoveries for a conversation led by … [Read More]
Standard Chartered launches GenAI tool worldwide
Standard Chartered is rolling out a Generative AI tool to tens of thousands of employees around the world.
Embedded payments startup enza raises $6.75 million
Enza, a Dubai-based embedded payment startup founded by former executives at Network International, has secured a $6.75 million seed equity round, co-led by Algebra Ventures and Quona Capital.
Wealthsimple achieves $1.5 billion valuation on new fundraising round
Canadian robo-advisory firm Wealthsimple has achieved Unicorn status on a CA$114 million investment round led by by TCV, along with Greylock, Meritech, Two Sigma Ventures and existing investor Allianz X
Kinexys by JP Morgan prospers in the Middles East
JP Morgan has signed up two major banks in the Middles East and North Africa to its Kinexys blockchain platform.
PayPal launches contactless mobile wallet in Germany
PayPal’s long-running effort to crack the high street continues with the launch in Germany of a contactless mobile wallet that lets users pay instore and in instalments with a tap of their phone.
Thought Machine becomes Mastercard core banking partner
Thought Machine has become Mastercard’s first strategic end-to-end core banking partner, with the pair offering their combined capabilities to financial institutions looking to modernise their technology stacks.
Santander accelerates roll out of eco-friendly cards across Europe
Banco Santander has committed to converting all of its 30 million payment cards across Europe to recycled plastic within the next four years.
Singapore Fintech Festival 2022: Deputy PM Wong sets the fintech agenda
Lawrence Wong, deputy prime minister and minister for finance, Republic of Singapore, took to the stage at Singapore Fintech Festival to make several announcements that will set the backdrop for the nation state’s fintech journey in years to come.
Unstoppable Finance to launch DeFi bank and euro-pegged stablecoin
Berlin-based crypto startup Unstoppable Finance is preparing to build Europe’s “first fully regulated DeFi-native bank” alongside a fiat-backed Euro stablecoin.