Taurus launches interbank network for digital assets
Swiss blockchain startup Taurus has rounded up 35 banks for the launch of its interbank network for digital assets.
APIs in the cloud are now the prevailing archetype
The future lies in microservices in the cloud. While the financial services industry continues to discuss digital transformation, actions speak louder than words. Organisations that want to meet the needs of the next generation of consumers will use software comprising small services that communicate over well-defined application programming interfaces (APIs) deployed independently – the microservices approach.
Google signs FS firms to new Gemini Enterprise agentic platform
Commerzbank, Macquarie Bank and insurance player Signal Iduna are among the first firms to use Google Cloud’s new Gemini Enterprise agentic platform.
Marine retailers, lenders conflicted on 2026 outlook
As marine consumers face pricing headwinds, marine lenders and retailers are conflicted about whether the Federal Reserve’s interest rate cuts…
KBRA spots more credit deterioration within auto ABS
What Kroll Bond Rating Agency (KBRA) has been discussing for much of the year continues to come to fruition. Analysts said July remittance reports showed a second straight month of deteriorating credit performance and declining recovery rates across securitized prime … [Read More]
ALT/AVE to drive new funding into its DLT offering
Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.
Programmable money startup Pave Bank moves out of stealth
Programmable money startup Pave Bank has moved out of stealth with a $5.2 million funding round and a digital commercal banking licence in Georgia.
NCino to buy FullCircl for $135m
Banking technology vendor nCino has struck a definitive agreement to acquire UK-based SaaS regtech platform FullCircl for $135 million in cash.
Ford Credit lease portfolio up 6.5%
Ford Credit’s lease volume rose in the fourth quarter as lease return rates picked up, while credit losses rose. The…
Avalanche launches Visa crypto card
The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.
US Treasury fintech report to make regulatory recommendations
A much anticipated report from the US Treasury on regulatory reforms for the fintech sector is set to recommend the use of regulatory sandboxes and fintech charters at both a state and federal level.
Chase Auto, SCUSA, Wells to finance Amazon auto purchases
Chase Auto, Santander Consumer USA and Wells Fargo will finance vehicles purchased through Amazon, allowing consumers to compare rates during…
Winnebago promotional liabilities up 1.7%
RV and marine manufacturer Winnebago Industries increased its promotional liabilities in the fourth quarter of its fiscal year amid efforts…
Subprime softens even more in new-car world
Dealerships and auto finance companies already were not completing many deliveries and installment contracts for new vehicles with consumers who fell into the subprime and deep subprime credit tiers. Now following the significant jump in interest rates, Cox Automotive pinpointed … [Read More]
3 words of compliance advice from GM Financial counsel
Auto lenders should keep compliance at the forefront when implementing AI and other new technologies, especially in the rapidly changing…