Uzbek mobile bank TBC secures $10m credit from impact investor responsAbility
TBC Bank aims to expand its microlending business and promote financial inclusion in Uzbekistan, Central Asia’s largest country by population.
Nationwide pledges to keep all branches open until 2030
Nationwide has announced that it will continue to keep every one of its 696 Nationwide and Virgin Money branches open until at least 2030, despite many other banks closing theirs.
America’s Car-Mart’s originations fall 9% year over year amid credit tightening
Originations through buy here, pay here car dealer America’s Car-Mart’s new loan origination system represented 40% of the outstanding portfolio…
The 150 leading organisations confirmed to attend NextGen Nordics 2025
The Nordic region has long stood at the forefront of digital payments, open banking, and financial technology. This legacy of innovation continues at full pace with the return of NextGen Nordics, a premier event gathering the most influential players in the financial services ecosystem. Set against the dynamic backdrop of the Nordic fintech scene, the 2025 edition of NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden promises to be the most impactful yet.
JPMorgan introduces mandatory coding courses
JPMorgan is introducing mandatory coding courses for all employees in its asset management division, the FT reports.
Morgan Stanley invests in 3forge
Morgan Stanley has made a strategic investment in 3Forge, a provider of code platforms for building mission-critical applications in financial services.
Google Cloud wins major FS deals
Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.
Who to Watch: Why EY’s George wants to be part of transparency in financing
EDITOR’S NOTE: This story is part of the May edition of Auto Remarketing, which will focus entirely on a new special feature: Who to Watch. This special feature will recognize auto industry executives and companies — selected by Cherokee Media … [Read More]
New paycheck-to-paycheck research with ‘unhappy summer’ looming
With S&P Global Ratings acknowledging that the U.S. economy “could be facing an unhappy summer,” LendingClub Corp. released findings from the 11th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. LendingClub highlighted the Financial Distress … [Read More]
Octane preps for more growth after $326M securitization issuance
Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for…
Finastra backs sustainable finance competition for students
Finastra and management consulting firm SIA Partners are inviting students to develop sustainable finance projects for the chance to win cash prizes.
Baidu seeks to raise $2bn for finance unit
Chinese search engine Baidu is looking to raise up to $2 billion to take on fellow tech behemoths Alibaba and Tencent in the financial services sector, according to Reuters.
Rising total loss claims: Growing threat to lenders, GAP providers (Off the Lot)
Rising vehicle repair costs, supply chain disruptions and shifting vehicle valuations are creating a perfect storm for lenders and GAP…
Arivo, Open Lending eye refi as opportunity surpasses 18M consumers
Auto lenders are ramping up their refinance programs as interest rates stabilize and more consumers stand to benefit from better…
6 features of DriveSmart’s first mobile app
Last week, DriveSmart launched its first mobile app — GoDriveSmart — for iOS and Android devices. The vehicle service contract administrator highlighted the app offers users access to all perks of their vehicle service contract in one space, including 24/7 … [Read More]