Ceres Global: ‘Freedom!’ is cry of top sustainable investment leaders
Ceres Global 2023 is the annual gathering of the Boston-based non-profit that partners with leaders in the capital markets industry to promote sustainability.
Podcast: Retail POS lending is an opportunity for lenders
Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of…
Carleton promotes Hardisty to director of client success
Carleton announced the promotion of Tonya Hardisty on Monday, elevating her to be director of client success. Hardisty has been in a managerial role at the provider of compliant financial calculations and lending document generation software since 2005. In this … [Read More]
COMMENTARY: Why aren’t more dealers and lenders leveraging credit-first soft pulls?
Shopping for a vehicle comes with all kinds of stressors for a consumer — some of which can affect their relationship with the dealer and lender. The decision to require a shopper to undergo a credit verification can be stressful … [Read More]
Pay.UK hails fraud detection pilot results
Pay.UK says a fraud detection pilot involving Visa has exceed expectations, suggesting that it could save the country’s economy over £112 million a year.
Offshore bank Aston granted banking license
Guernsey’s last locally-based bank ceased trading in 1996, making Bank Aston the first to be licensed by the Guernsey Financial Services Commission (GFSC) for almost thirty years.
Kroo bids for £70 million Series C funding round
UK digital bank Kroo is approaching investors for a £70 million funding round with the goal of reaching profitably within two years of its launch in December 2022.
Funding Options unveils cloud-based lending platform for SMEs
Funding Options, the data driven marketplace for SMEs, has launched Funding Cloud, an integrated real-time cloud-based platform to navigate the complexity of the fragmented lending market.
‘Important turning point’ for credit availability arrives in June
Cox Automotive said “June marked an important turning point” in connection with credit being available to consumers to acquire vehicles. But the subprime segment remains on a downward trend. The Dealertrack Credit Availability Index for all types of auto financing … [Read More]
Amazon gives Alexa a generative AI boost
Amazon has announced they will be giving their virtual assistant ‘Alexa’ an injection of a new generative AI model as the AI race between tech giants continues.
Foot traffic at car dealerships bumps higher after tariff deadline
Foot traffic at automobile dealerships has increased in the wake of the Trump administration tariff deadlines, according to a monitoring…
UOB adopts risk management framework Equator Principles
Leading bank in Asia, United Overseas Bank (UOB), has today announced it has been approved to join the Equator Principles Association, and has adopted the Equator Principles (EPs).
BoE forecasting held back by out-of-date tech – Bernanke
The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.
Klarna and Google ink AI deal
Klarna has signed on to use Google Cloud’s full AI stack, from infrastructure, to platform, to models.
AI race in full gear as Alphabet forms new AI-focused division
Alphabet Inc., Google’s parent company, is merging two AI-focused research divisions, Google Brain and DeepMind, to keep up the pace with competing AI developments.