Private markets fintech bunch raises $15.5 million
Berlin-based private markets platform bunch has closed a $15.5 million Series A
Barclays and Citi lead $7 million investment in deal intelligence platform Claira
Barclays and Citi have co-led a $7 million seed funding round in deal intelligence platform Claira.
EBAday 2025 is coming to Paris!
In the final session of EBAday 2024 in Lisbon, Debi Bell Hoskings moderated a closing panel of speakers Thomas Egner, secretary general of the Euro Banking Association; Wolfgang Ehrmann, chairman of the board at the Euro Banking Association; Sophie Giorgi, head of payment system and infrastructure relationships at Credit Agricole; and Luis Simões, managing director / EVP, banking operations at Novobanco.
Tech leadership change at Wells Fargo sees Kerrins take up new Gen AI role
Wells Fargo has appointed a new head of technology and shunted current CIO Tracaey Kerrins to head up a newly-created Generative AI team.
Putin orders Russian bank to cooperate with China on AI
Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.
Fintech must grab opportunity to entice over 50s
Fintech firms have been missing a trick by largely ignoring the fastest growing and wealthiest demographic – the over 50s, says VC QED Investors.
UK must ‘rebuild relations’ with EU says Bank of England head
Bank of England’s governor, Andrew Bailey stated that the UK must “rebuild relations” with the EU while respecting the decision of the British people to leave in his Mansion House speech to investors.
Trump orders evaluation of national crypto stockpile; prohibits CBDC work
President Donald Trump has established a working group on digital assets that will investigate the development of a federal regulatory framework for crypto and evaluate the creation of a national digital asset stockpile.
UK firms that list abroad should pay back state aid – UK Finance
Companies that decide to list outside the UK or move valuable operations from the country should be made to pay back tax-payer funded support they have previously taken, according to a UK Finance report.
Plaid to pay JPMorgan for access to customer data
Plaid has caved into demands by JPMorgan to pay for access to customer data, after the US bank accused aggregator firms of ‘massively taxing’ its systems with unnecessary pings.
Canadian credit unions pick IBM for payments modernisation
A group of more than 75 Canadian credit unions have inked an eight-year, multi-million dollar deal with IBM for a digital payments overhaul.
Finextra and the Euro Banking Association invite startups to join the EBAday Fintech Zone
EBAday 2025, the annual summit for the leading payments and transaction banking executives hosted by the Euro Banking Association (EBA) and Finextra, has opened applications for its Fintech Zone.
Compliance critical as regulators scrutinize auto pricing policies
Increased scrutiny of pricing and underwriting practices means auto lenders should closely review their portfolios, underwriting habits and pricing policies…
5 questions with … Mark Pregmon, VP of consumer lending at USAA
USAA Vice President of Consumer Lending Mark Pregmon aims to lead his team with humility and a servant leadership mindset…
FCA aims to rebuild trust in ESG ratings
The UK’s Financial Conduct Authority has set out proposals to rebuild trust in ESG ratings with the introduction of new rules governing transparency and governance.