Garanti BBVA issues biometric card
Turkey’s Garanti BBVA has rolled out a Mastercard contactless credit card with a built-in fingerprint scanner.
Nvidia’s earnings soar as AI hits the mainstream
Nvidia has announced the company’s financial results for the fourth quarter that reported a revenue of $22.1 billion, 22% higher from Q3 and 265% increased from last year.
Viva Wallet seeks €500 million fundraising – Reuters
Greek payments firm Viva Wallet has hired investment bank Jeffries to advise on the €500 million fundraising just weeks after officially acquiring Praxia Bank’s banking license.
Poste Italiane and Allianz Asset Management buy EUR40 million stake in Moneyfarm
Poste Italiane and Allianz Asset Management have each acquired a minority stake in digital wealth management company Moneyfarm.
Big Wheels: Loan rates continued to climb in February
Auto loan rates continued to climb in February, even as vehicle supply seems to be easing. The national average…
HDFS originations inch up 2%, credit losses rise
Harley-Davidson Financial Services’ credit losses inched up while originations increased during the first quarter in tandem with a rise in…
UK fintech Dojo raises $190 million
UK payments technology provider Dojo has secured its first equity raise of $190 million from Vitruvian Partners.
Santander: Middle-income Americans eye return to auto market
Consumers remain resilient despite affordability pressures, with more middle-income Americans considering a vehicle purchase than a year ago, Betty Jotanovic,…
GM Financial, Husch Blackwell talk CFPB shift
NASHVILLE, Tenn. — As the Consumer Financial Protection Bureau withdraws dozens of rules, policy statements and advisory opinions this week,…
Central Bank of Ireland blocks staff use of ChatGPT
Ireland’s central bank has become the latest financial institution to ban its employees from using the artificial intelligence (AI) chatbot ChatGPT.
WFE issues warning about 24/7 trading
Securities market participants will have to make a number of changes to their operations if they are to handle a move to 24/7 trading.
Neobanks’ Covid-19 recovery will provide the blueprint for future scalability in fintech
The fintech industry continues to flourish across Europe, the Middle East and Africa despite economic setbacks such as those that have emerged following the outbreak of Covid-19.
Visa invests in spend management platform Mynt
Visa has invested in Swedish spend management firm Mynt alongside an expanded reseller agreement across Europe.
Fintech at heart of UK’s financial services growth strategy – Chancellor
The new UK government will focus on fintech and sustainable finance as key priority growth opportunities in financial services, says Chancellor of the Exchequer, Rachel Reeves.
Stellantis NV North America sales drop 20%
Stellantis NV’s sales and shipments decreased in North America during the first quarter as the company scaled back production. The…