EIB announces plan to boost funding for European fintechs
The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.
The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for…
A new certification programme claims to be the first global qualification exclusively for technologists working within financial institutions.
Escaping from the main stage for a hot minute, Finextra listened in to a pitch on the Sibos Discover stage, where Fabian Vandenreydt, chief strategy officer at Greenomy, outlined the ESG-focused fintech’s plan to streamline banks’ and corporates’ sustainable finance reporting in line with the EU Taxonomy, SFDR and CSRD/NFRD.
Loan interest rates on new and used vehicles were unchanged sequentially so far in August but remained higher than rates…
Subprime lender Arivo Acceptance is looking to ramp up its refinance product, a move that will help the company double…
The end of the government shutdown this week could have a positive effect on the auto industry following lower consumer…
Loan-to-value ratios continue to concern auto lenders as vehicle prices rise and macroeconomic conditions threaten affordability. Tariffs are expected to…
Moderating the last panel of the first day of EBAday, Rita Camporeale, vice chair of the European Payments Council led a conversation on the OCT Inst scheme with Daniele Astarita, principal solution consultant of real time payments at ACI Worldwide; Damien Godderis, head of payments industry engagement – payments & receivables – cash management at BNP Paribas; Xavier Herrero, manager operations groups at CaixaBank; and Michael Knetsch, tribe lead instant payments, cash management at Deutsche Bank.
Waave, an Australian open banking startup for account-to-account payments, has closed a $4.7 million seed round backed by Menulog managing director Morten Belling and e-commerce investor Paul Greenberg
National Australia Bank is rolling out a series of card-linked enhancements to its mobile banking app, including a ‘world-first’ feature which enables consumers to use the app to pay for purchases while waiting for the arrival of new Visa credit cards.
Historically, it could be argued that financial institutions were beholden to pick between AWS, Google Cloud and Microsoft Azure for all workloads due to availability, but with other smaller cloud providers offering private cloud fabrics, financial organisations are considering hybrid or multicloud options. However, Ofcom has an alternative view.