Banks and payment firms should improve their monitoring systems and staff training to help protect customers from romance scams, which cost Brits £108 million last year, according to the Financial Conduct Authority (FCA).
Credit Acceptance Corp.’s originations jumped for the seventh consecutive quarter as compressed margins and stricter access to capital prompted other…
German asset management company DWS has launched a new company in a step towards creating the first German-regulated cryptocurrency.
MoneyGram has blamed a “cybersecurity issue” for an outage that has left users unable to send money for several days.
Vested Finance, a Silicon Valley-based online investment platform that enables Indians to buy and sell US stocks, has raised $3.6 million in a seed funding round.
IN1, a financial management app for fiat and crypto currencies, has raised $6 million in seed funding.
Turkish fintech Papara is working with DriveWealth to offer its 20 million users the ability to invest real-time in US stocks on the Nasdaq and Nyse.
Mastercard is hoping to consign passwords to the history books with a new biometric authentication service.
Google design whiz Dan Makoski is quitting the search giant’s free-thinking Project Ara ‘pirate’ mobile development division to join Capital One as VP of design, with an initial focus on m-commerce and payments.
National Australia Bank (NAB) and Alibaba Cloud, the cloud computing arm of e-commerce giant Alibaba Group, are jointly hosting a hackathon to explore new ways to help Australian small businesses sell their wares in China and better serve Chinese tourists.
Digitisation and the advantages that are available through modern technology were core topics for the afternoon sessions at EBAday in Lisbon, Portugal.
The senior vice president and auto and mortgage business lead at TransUnion shared his assessment amid this backdrop: many consumers who are now considering auto financing may be reentering the market with far more complicated credit pictures than they did even just a few years ago.
“Cautious optimism is the way I would describe it with auto finance companies. Again, that theme of … [Read More]
As climate change activists smash the windows at its Canary Wharf HQ, HSBC is attempting to burnish its green credentials with a new programme to eliminate single-use PVC plastic payment cards in favour of recycled PVC plastic (rPVC) across all its global locations by the end of 2026.
Zocks, an AI-driven client intelligence platform for financial advisors has raised $13.8 million in a Series A funding round led by Motive Ventures.
Pandemic and post-pandemic originations were initially some of the best most companies experienced. Borrowers were flush with stimulus funds and…