Aviva, a Mexican “phygital” financial platform for the underbanked and micro businesses, has raised $5.5 million in seed funding.
An increase in synthetic securitizations could affect banks’ overall credit rating assessment as regulators weigh reliance on credit-linked notes for…
ProPicks, an AI-based stock picker provided to subscribers of Investing.com, has outperformed the S&P 500 by almost 50% since its launch last year.
DriveWealth, a provider of API-based brokerage technology that enables partners to offer real-time access to the US equities market through fractional share trading, has closed a $450 million Series D funding round at a $2.85 billion valuation.
Volkswagen Financial Services will no longer originate retail loans in the United States starting in April 2025; Wells Fargo Auto…
Ripple has integrated its recently-launched stablecoin into its flagship cross-border payments system.
Just five months after BBVA distributed 3,000 ChatGPT Enterprise licenses among its employees, 83 percent have incorporated it into their work routine and have created nearly 3,000 adaptations of the tool for specific tasks, ranging from financial data analysis to help to solve legal questions from clients in less than 24 hours or provide customer insights.
The Interledger Foundation has broken ground on a host of new projects in countries such as Pakistan, Uganda and Jamaica as it works towards its goal of creating an open, interoperable payment network.
The UK’s largest high street bank is reportedly in talks to buy digital wallet provider Curve.
The Bank Policy Institute and Kentucky Bankers Association have filed a lawsuit against the Consumer Financial Protection Bureau, alleging that the regulatory agency overstepped its authority on the release of new open banking rules
New-vehicle average transaction prices edged up slightly in June on a sequential basis but remained lower than a year ago…
The powersports market is likely to face a turbulent second half of the year as softening retail demand, affordability concerns…
Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.
Open, an Indian neo-banking startup targeting SMEs, is set to launch a “programmable” bank account after raising $30 million in a Series B funding round led by Tiger Global Management.