New Chase Auto CEO eyes expanding partnerships
NASHVILLE, Tenn. — Chase Auto Chief Executive Leslie Wims Morris identified three focus areas for the company during a fireside…
Podcast: Used EV sales outpace new as Trump bill ends tax credits
President Donald Trump’s One Big Beautiful Bill marks the end of the federal EV tax credits at a time when…
Sibos 2025: How to build the bank of tomorrow
Following the popular session on building tomorrow’s bank at Sibos 2024, McKinsey’s Megha Kansal moderated a follow-up session on the year’s developments in Frankfurt.
Banque de France, HSBC, IBM test interoperability of wholesale CBDC
Following experiments demonstrating that DLT can be used with existing networks to complete CBDC financial transactions in real-time, Banque de France, HSBC and IBM have published a paper exploring their key findings.
Digital wealth manager Nutmeg raises £30m
UK digital wealth management startup Nutmeg has raised £30 million in a funding round led by Hong Kong-based independent financial advisory firm Convoy.
Transportation industry banks on gen AI for autonomous solutions
As the equipment industry continues to develop autonomous solutions, the transportation industry sees gen AI as the key to on-road…
North State Acceptance acquires portfolio from ‘premier’ specialty finance company
A regional subprime auto finance company in the Southeast became a little bigger last week. North State Acceptance, a portfolio company of Fourshore Partners, announced a portfolio acquisition from an unnamed lender but one classified as a “premier” specialty finance … [Read More]
Robinhood to buy crypto firm Bitstamp for $200m
Trading app Robinhood has agreed a $200 million cash deal to buy crypto exchange Bitstamp in an effort to expand outside of the US and accelerate its push into digital assets.
Vola CreditMap aimed at helping consumers handle debt & increase credit scores
Coinciding with the Federal Reserve Bank of New York tabulating that total consumer debt surpassed $18 trillion during the second quarter, personal financial management platform Vola Finance rolled out a new loan management dashboard designed to help consumers take control … [Read More]
Starling adds digital insurance firm Nimbla to marketplace
Challenger bank Starling has partnered with digital insurance platform Nimbla to offer its 65,000 small business customers the ability to protect themselves from financial losses caused by bankrupt clients.
HSBC leads Series A round in MarketNode
HSBC has led a Series A investment in MarketNode, a Singapore-based digital market infrastructure operator founded by SGX and Temasek.
Vroom subsidiary UACC’s originations up 7%
Vroom subsidiary United Auto Credit Corp.’s indirect originations increased in the third quarter as the lender’s portfolio shrank due to…
JPMorgan Chase names Piepszak COO
JPMorgan Chase today promoted Jennifer Piepszak to chief operating officer. Jennifer Piepszak Piepszak, who has been serving as co-CEO of…
Computershare named as potential buyer for PrimaryBid
Australian stock transfer agency Computershare is reportedly one of a number of companies looking to acquire UK fintech PrimaryBid which was put up for sale earlier this year
ESG Book raises $35m
Sustainability data and technology provider ESG Book has raised $35 million in a Series B funding round led by Energy Impact Partners.