Lucid sees 33% revenue jump, Saudi investment of $1.5B
EV maker Lucid Motors reported revenue growth in the second quarter and announced a $1.5 billion investment from an affiliate…
FTC reiterates use of ‘plain language’ associated with regulatory activities
The Federal Trade Commission has made nearly a half dozen public speaking appearances to finish the month and the quarter. Commissioner Alvaro Bedoya previously asked a string of questions about data privacy and artificial intelligence. And on Friday, Samuel Levine, … [Read More]
Fidelity taps Finbourne to drive data strategy
Fidelity International has picked technology from Finbourne to drive its data strategy in a deal that also sees the asset manager make a strategic investment in the London-based startup.
UK RegTechs FundApps and SteelEye merge
UK RegTechs FundApps and SteelEye have merged to create a unified platform combining surveillance, monitoring, reporting, and analytics for buy-side and sell-side institutions.
Australia gives priority to wholesale CBDC over retail
The Reserve Bank of Australia is to prioritise the issuance of a wholesale central bank digital currency over a retail CBDC, arguing that a clear business case for the latter has yet to emerge.
BRP powersports sales down 5%
Canadian powersports manufacturer Bombardier Recreational Products’ North American retail sales declined year over year in the first quarter as tight…
Brazil to add instalment payments to Pix
Brazil’s central bank is set to allow users of the Pix instant payments system pay for their transactions in instalments.
Zelle owner investigates launch of own stablecoin – report
Early Warning Services (EWS), the bank-owned outfit behind P2P payments service Zelle, could soon issue its own stablecoin, according to reports.
Coinbase agrees $2.9bn deal to buy crypto options exchange Deribit
Coinbase has boosted its derivatives business by agreeing to buy crypto options exchange Deribit for $2.9 billion.
Crypto.com sues SEC after receiving Wells notice
Crypto.com has filed a lawsuit against the Securities and Exchange Commission after receiving a Wells notice from the regulator warning that enforcement action may be on the way.
Indian securities depositary suffers malware attack
India’s Central Securities Depositary Limited (CSDL) says it has detected malware on its systems.
Clearwater to buy Enfusion for $1.5bn
Clearwater Analytics is building out its investment management platform through the $1.5 billion acquisition of SaaS outfit Enfusion.
Goldman invests in UK digital wealth manager Nutmeg
Goldman Sachs is pushing further into the UK retail market, co-leading a £45 million funding round for digital wealth management startup Nutmeg.
Lloyds selects Moneyhub for transaction data enrichment
Lloyds banking Group is to pair inhouse-developed GenAI with transaction categorisation data from Moneyhub to give customers real-time insights into their spending habits.
Informativ introduces Verified Stips powered by TurboPass
Informativ on Tuesday introduced a new feature to instantly verify “stips” — the additional documents or information required to finalize a contract — for businesses including auto dealers and financing companies The provider of fraud prevention, compliance and credit technology … [Read More]