Q1 car sales shine for most automakers
Vehicle sales in the first quarter were a bright spot for nearly every automaker, led by sales strength in March…
Robinhood Crypto warns it could face SEC action
Trading platform Robinhood says its cryptocurrency arm has received a Wells notice from the Securities and Exchange Commission, indicating that the US regulator is set to take enforcement action.
BVNK launches embedded wallet that unifies fiat and stablecoin payments
Stablecoin payments infrastructure firm BVNK has launched an embedded wallet that unifies fiat and stablecoin payments globally.
Crédit Agricole to acquire Santander stake in Caceis
Crédit Agricole SA will continue to strengthen Caceis’ position as one of the major European players in asset servicing, supporting its clients’ business development objectives.
European banks hit by Russian hackers
A gang of pro-Russian hactivists have claimed credit for a series of attacks on the IT systems of banks and financial institutions across Europe.
Klarna raises $639m at $45.6 billion valuation
Klarna has raised $639 million in a funding round led by SoftBank’s Vision Fund 2 that values the buy now, pay later juggernaut at $45.6 billion.
Revolut and Visa file legal challenges over PSR’s plan to cap fees
Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog’s decision to cap interchange fees on cross-border online payments, according to the Financial Times.
Stellantis NA sales down 14.3%
Stellantis’ North American sales for full-year 2024 declined as market share dipped. Full-year combined sales in North America fell 14.3%…
Fed: Auto loan demand grows, standards ease (Big Wheels)
Consumer demand for auto loans is growing amid eased credit standards. The net percentage of banks reporting stronger demand for…
F&I Sentinel hires chief product and technology officer
F&I Sentinel on Tuesday announced the appointment of Stuart Granger as chief product and technology officer. The company said Granger will lead its next phase of product innovation, advancing its mission to make F&I product lifecycle management more efficient, compliant, … [Read More]
Podcast: Ally Financial, Huntington originations rise in Q1
First-quarter bank earnings highlighted mixed results as some banks saw an uptick in auto originations and leasing volume, while credit…
IFGS 2025: Is it time for wealthtech to take the stage?
At IFGS 2025, the panel discussion ‘The great wealth transfer: wealthtech’s time to shine’ focused on the evolving nature of wealth management, and how digitalisation, personalisation, and creative partnerships are key to scale up wealthtechs.
Temenos and Wipro partner to accelerate digital transformation in banking
Cloud-native platform Temenos has amplified their partnership with Wipro to support banks of all sizes speed up their modernisation journeys and expand go-to-market strategies in regions such as the UK, US, and Australia,
PODCAST: PayNearMe on evolving consumer preferences when making payments
There’s a growing preference toward alternative payment methods, as well as increased demand for hyper-personalized interactions. Those are two of the top findings from the study titled “Consumer Trends Driving the Future of Loan Payments,” recently released by PayNearMe, which … [Read More]
Australia’s Asic highlights governance lag in AI adoption
Australia’s Securities and Investment Commission (Asic) is urging financial services and credit licensees to ensure their governance practices keep pace with their accelerating adoption of artificial intelligence.