Record $20M FTC settlement points to active regulatory environment
A series of regulatory actions during the past month, including the largest FTC settlement involving a dealership, indicates that regulatory…
TCF 2022: Plug-and-play required for hyper-personalisation
Max Chuard, Temenos CEO, opened the Temenos Community Forum 2022 (TCF) introducing a number of the key themes to be covered during the conference, from embedded finance, to disruptive technologies, disintermediation, new business models, composable services, and sustainability.
Goldman Sachs tech head to step down
The most senior technology executive at Wall Street firm Goldman Sachs is reported to be stepping down amid a clear out of senior partners, raising questions about the direction of Goldman’s technology strategy
DDI Technology brings title service to Massachusetts to streamline salvage processing
DDI Technology expanded its corporate offices in September to handle more work. Then this month, the electronic lien and title technology firm and a subsidiary of IAA announced the expansion of its electronic salvage processing products and services into Massachusetts. … [Read More]
Chime selects Morgan Stanley to lead IPO – Bloomberg
Chime has been reported to be aiming to go public in 2025, with Morgan Stanley to lead its initial public offering (IPO).
Agora claims ‘milestone accomplishment’ with rated asset-backed securitization
Agora Data secured what it called a “milestone accomplishment” toward strengthening its position in the multi-billion-dollar public capital markets. The fintech innovator of advanced capital solutions in subprime and non-prime consumer finance on Tuesday announced the successful completion of its … [Read More]
3 compliance benefits from Algebrik AI partnership with Carleton
Algebrik AI and Carleton now are working together to boost compliance efforts by their clients. The companies announced a strategic partnership last week integrates Carleton’s payment calculation APIs into Algebrik’s loan origination platform in an effort to set a new … [Read More]
Swift and NPP Australia open API sandbox
Swift and NPP Australia have created an API sandbox for third party vendor to test new innovations leveraging the country’s real-time payments system.
FCA sets out plan to back tokenisation of investment funds
The UK’s Financial Conduct Authority (FCA) has set out plans to support tokenisation in asset management, arguing that the technology can drive innovation and growth in the sector.
EU opens anti-trust investigation into alleged market collusion between Deutsche Börse and Nasdaq
The European Commission has opened an antitrust investigation into possible collusion between Deutsche Börse and Nasdaq in listing, trading and clearing of financial derivatives.
Off the Lot: Auto repairs may be next hurdle for customers, dealers
Tariffs have been a major focus of just about every economic news story since the Jan 20 Inauguration. While they…
Open Lending unveils ApexOne Auto so lenders can review deeper pool of potential customers
Last week, Open Lending Corp. announced the launch of ApexOne Auto, an advanced decisioning platform that expands the company’s capabilities to serve the full spectrum of auto-finance customers. The provider of automotive lending enablement and risk analytics solutions for financial … [Read More]
Westpac battles impersonation scams with ‘SafeCall’
In a move to help stop bank impersonation scams, Westpac has teamed with telco Optus to introduce a new verified in-app calling capability.
More softening auto data as next Fed interest-rate decision nears
With the Federal Reserve on deck to announce its next decision involving interest rates on Wednesday, policymakers have softening trends percolating from the auto finance space to consider when deciding if another rate hike is merited to curb inflation. Last … [Read More]
BNP Paribas and HSBC join Canton Foundation
BNP Paribas and HSBC are the latest financial services giants to join the foundation behind the Canton Network blockchain platform for tokenised assets.