Overdue bills are rising with US debt delinquencies, Fed survey shows
US household debt has reached a record and more borrowers are struggling to keep up. . Overall US household debt…
Big banks invest in accounting software firm Freshbooks
Barclays, Bank of Montreal and JPMorgan have joined an US$80.75 million Series E funding round for Toronto-based cloud accounting software firm Freshbooks.
Chase sends $1M to On The Road Lending
Chase is leveraging the power of transportation to help more people near Dallas and beyond. Last week, Chase announced a $1 million investment in Dallas-based On The Road Lending to get more people behind the wheel so they can earn … [Read More]
Alpha Group to list on LSE main market
UK-based fintech consultancy Alpha Group is set to move its listing to the London Stock Exchange’s (LSE) primary market as part of its expansion.
Financial Cloud Summit 2024: What’s driving banks to the cloud?
Finextra Research will be hosting its second Financial Cloud Summit conference on March 7th 2024 at King’s Place in London.
The Scammer House of Horrors: Simon Callow narrates scary fraud stories
Legendary actor Simon Callow has been roped in by NatWest to read some real-life Halloween horror stories about the dangers of fraud.
CaixaBank and BBVA process first Requests to Pay between banks in Europe
CaixaBank and BBVA have teamed up with Spanish payments outfit Iberpay to process the first Requests to Pay between banks in Europe.
Lloyds goes all in on Microsoft Managed Desktop
Lloyds Banking Group is to roll out the Microsoft Managed Desktop across its entire business, making it the world’s largest financial firm to put the technology into production.
PayPal invests in Stable layer 1 blockchain
PayPal Ventures has made a strategic investment in Stable, the layer 1 blockchain network for stablecoin transactions.
BNP Paribas and HSBC join Canton Foundation
BNP Paribas and HSBC are the latest financial services giants to join the foundation behind the Canton Network blockchain platform for tokenised assets.
EToro files for US IPO – FT
EToro has filed confidentially for a US initial public offering that could value the online investment platform at more than $5 billion.
IBM scores $260m deal with Bank of the Philippine Islands
The Bank of the Philippine Islands (BPI) is looking to boost its digital transformation through a $260 million, multi-year services agreement with IBM.
SEB joins AI factory joint venture
SEB has joined a Swedish consortium building an AI factory with Nvidia.
Revolut says Meta platforms are a ‘hotbed’ for scams
In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.
Longtime Cox expert joins F&I Sentinel as chief product officer
The blending of former Cox Automotive resources at F&I Sentinel continued Wednesday, this time on the personnel front. The risk-management solutions provider for F&I products in the automotive finance industry announced that Kat Venner-Fowler has joined the company as chief … [Read More]