Bank of America, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are to turn their New York offices into coding bootcamps for under-represented college students in a new initiative intended to increase the representation of women and people of colour in software engineering within the financial services industry.
Lender Westlake Financial and online direct lender Carputty are partnering on a prequalification tool borrowers can use to fund vehicle…
JPMorgan Payments is supplying treasurers with an AI-generated Account Confidence Score, enabling corporate clients to assess fraud risk before initiating a payment.
Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges. Ford Credit and GM Financial’s outstandings increased…
Google is giving its financial data, news and analytics service an artificial intelligence makeover.
Refinitiv has moved to strengthen its digital wealth management business through the acquisition of tech house Scivantage. Financial terms were not disclosed.
GM Financial set a quarterly record for originations in the fourth quarter driven by higher retail loan volume in North…
Colombian payments fintech Bold has raised $50 million in a Series C funding round led by General Atlantic.
Morgan Stanley Smith Barney (MSSB) has been slapped with a $35 million penalty for failing to protect the personal identifying information (PII) of about 15 million customers.
Mortorhome values increased year over year and month over month in July while towable values inched up sequentially but fell…
Full-stack payment processor Finix has raised $75 million in Series C funding round led by by Acrew Capital and joined by Citi Ventures.
A startup competition organised by Spanish bank BBVA has attracted entrepreneurs from 56 countries, showcasing 850 technology projects.
Norwegian digital bank Skandiabanken has acquired a 39.9% stake in local AI and machine learning outfit Quantfolio as part of a push into the provision of robo advisory services for customers of its private savings division.
General Motors Co. will start the launch of the Chevrolet Bolt electric vehicle in December with one shift at its…
Australia’s NAB has appointed Lloyds Banking Group’s Pete Steel to the newly created role of group executive, digital data and artificial intelligence.