S&P Global and CME Group have agreed to sell Osttra, a provider of post-trade infrastructure to the global OTC market, to investment funds managed by KKR for $3.1 billion.
JPMorgan is suing customers who took advantage of a glitch in the bank’s cheque deposit service to withdraw thousands of dollars from its ATMs.
Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle inventory surpassed 3 million…
Skyfire, a startup founded by former Google and Ripple executives, has brought its payments network that enables AI agents to make autonomous transactions out of beta.
Nonprime lenders project originations to grow in 2024 despite the increasing cost of funds and the challenges of credit performance…
Starling Bank has opened a London HQ to house its Software-as-a-Service business Engine, creating space to house a growing staff roster, with 150 new roles to be recruited.
Barclays has launched a new online direct investing service designed to help customers create a personalised financial plan and work towards their goals with the support of a range of tools and content.
Underlying US inflation rose in May by less than forecast for the fourth month in a row, suggesting companies are…
Indian fintech giant Cred is to move into the wealth management market with the acquisition of mutual fund and stock investment platform Kuvera.
Banking co-operative Swift is rolling out an AI-powered anomaly detection service to help banks proactively detect and defend against potential financial crime.
European Union policymakers are debating whether to launch the digital euro on public blockchains as they accelerate work on the CBDC in response to the passage of the Genius Act in the US and fears that it could see dollar-baked stablecoins dominate cross-border payments, according to the Financial Times.
Auto lenders and dealers are adapting their strategies in the face of an onslaught of new trade policies and recent…
Samsung has teamed up with Splitit to let users of its mobile wallet use their existing credit to split in-store payments into instalments.