Australia tells BNPL providers to apply for credit licences
Buy now, pay later providers in Australia have been told to apply for credit licences ahead of new laws coming into effect in June.
Honda launches CPO leasing to woo first-time car buyers
American Honda has launched a certified pre-owned leasing program to attract first-time car buyers and increase used leasing penetration. The…
OCBC opens developer portal for API access
Singapore’s OCBC Bank has launched a developer portal and set of open APIs to promote the integration of its data sets and applications with third-party networks and fintech startups working at its Open Vault unit.
Pico to go public via $1.75bn Spac merger
US-based financial infrastructure company Pico is set to go public through a $1.75 billion merger with fintech entrepreneur Betsy Cohen’s special-purpose acquisition company (Spac).
Used EV sales rise 30.5% in January
Used EV demand is being boosted by lower prices and consumers rushing to grab tax credits that may change or…
Money20/20: No end game for open banking
Money20/20’s annual Europe event kicked off with a stream updating the industry on the progress of open banking.
UK pension funds to back fintech startups
A consortium of 20 UK-based pension funds, asset managers and asset owners is set to invest in the country’s fintech sector.
Virgin Money launches digital wealth platform
Virgin Money has launched a digital wealth management platform for retail investors through a joint venture partnership with abrdn.
Hong Kong to issue first stablecoin licences in early 2026
Hong Kong’s financial regulator has stated that the first stablecoin licences will not be issued this year despite the fact its stablecoin legislation has taken effect as of today.
FinCEN: Ransomware payments soared 77% in 2023 before dropping in 2024
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) new analysis report has detailed ransomware activity in Bank Secrecy Act (BSA) data, reaching unprecedented levels between 2022 and 2024, with total reported payments surpassing $2.1 billion.
Bank of Ireland to hire 100 new tech staff
Bank of Ireland is to hire 100 new technology staff in roles across across engineering, cloud technology, cybersecurity and data.
NAF Association unveils revamped website
The National Automotive Finance Association has a new look — at least online. This week, the NAF Association launched its newly redesigned website with revamped features such as a modernized logo, streamlined design, improved functionality, and easy access to essential … [Read More]
‘Fintech leaders need to be vocal advocates for diversity and inclusion’ says PPRO CEO
Pride month is coming to a close, with the main celebrations continuing into this weekend in London. Pride is about much more than parades, parties, and rainbows. It is about the practical process of acceptance and inclusion of LGBTQIA+ identities, even in the fintech workplace.
Google partners Wise to make remittances more accessible
Google is working with Wise, Ria Money Transfer and Xe to test a remittance experience via its online wallet and search.
Net Zero Banking Alliance pauses work as bank defections trigger search for new role
Following a wave of defections from major banks, the Net Zero Banking Alliance is to pivot from a membership-based organisation to a ‘framework initiative’.