Dealership CFO: Are digital finance and AI over-promising?
I don’t think there is a person in the auto industry who doesn’t appreciate what technology can do to improve…
Swiss banking digital wave will be driven by targeting underserved segments
Switzerland’s major incumbents have made sizeable investments in their digital propositions in recent years meaning the newcomers must offer something different in order to stand out.
Car prices face $3,000 increase as tariffs hit auto sector
President Donald Trump’s tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle…
Toyota Financial Services new CEO Cooke on key relationships
Toyota Financial Services Chief Executive Scott Cooke is leaning on his decades of experience at the company and a strong…
Burbank raises £5m for online tap and PIN payments
Welsh startup Burbank has raised £5 million to bring offline tap and pin payments to the e-commerce realm.
JPMorgan faces rising number of hacking attempts
JPMorgan Chase has seen the number of hacking attempts on its systems soar over the last year.
Klarna to sell $26bn of US BNPL loans
Klarna has agreed to sell up to $26 billion of US buy now, pay later loans to student loan giant Nelnet.
Singapore to develop ethical code for AI and personal data use
Singapore’s government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.
RouteOne co-founder joins Lender Compliance Technologies
Lender Compliance Technologies (LCT) reinforced its executive team on Thursday as the previous Emerging 8 honoree continues to roll out Refund Control, a finance company-managed cloud platform for tracking and managing F&I product cancellations and consumer refunds. Joining LCT as … [Read More]
Refis making 90-month terms more acceptable
Consumers need more than interest rate savings to make refinancing worthwhile. Despite increasing reliance on 72-month initial terms, consumers who…
Financiers must do more for inclusion of unbanked consumers (Under the Hood)
Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products…
Deutsche Bank to offer Wero payment acceptance
Deutsche Bank’s Merchant Solutions business is integrating Wero into its payments acceptance offering ahead of the mobile wallet’s launch in Germany.
Credit access projected to tighten amid weakened demand in 2025, Auto Finance News says
Banks are expected to tighten credit standards while auto demand wanes in early 2025. The projection is based on a…
HSBC launches metaverse investment fund
HSBC is launching a metaverse investment fund to give high net worth clients in Asia a chance to get in on the ground floor of the emerging digital economy.
Mastercard to open A2A instant payments sandbox in the UK
Mastercard is to open an A2A instant payments sandbox for UK banks to experiment with new payment methods.