Wells Fargo and BNP Paribas are among the latest banks to be hit with multi-million dollar penalties by US regulators over employee use of unofficial communication tools like WhatsApp and iMessage.
Klarna has sealed a deal with eBay to roll out its flexible payment options to millions of shoppers across the US.
JPMorgan is to give AI training to all new employees, as the bank seeks to cement its reputation as an AI powerhouse.
The IRS has made it clear that lenders and dealers must ensure customers sign contracts and make a down payment…
Finance and insurance revenue ticked up slightly in the first quarter for Sonic Automotive while floor plan interest expenses jumped…
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
North Korean cybercriminals are expected to dump $40 million in stolen bitcoin on the market over the coming days.
Prism Data, the US open banking outfit that span out from Petal earlier this year, has raised $5 million in seed funding.
Private equity group Warburg Pincus has acquired a 35% stake in Avaloq, valuing the Swiss core banking firm at CHF1 billion.
Gemini, the cryptocurrency platform founded by twins Cameron and Tyler Winklevoss, has filed for an initial public offering, seeking a valuation of up to $2.22 billion.
Curve has secured an additional £58 million in its series C round, taking the round’s total funding to over £133 million.
Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts…
IBM continues to rack up the financial services contract wins, scoring a huge $700 million global deal with Banco Santander, as well as agreements with ICBC Argentina and the card unit of Hyundai and Kia Motors.
UK fintech Bud has developed a generative AI core and chatbot for personalised customer insights using Google’s PaLM2 large language model.