Zelle shuts down standalone P2P payments app
With the vast majority of people using its services through their banks, American person-to-person payments provider Zelle is shutting down its standalone app.
Vroom CEO takes over United Auto Credit
Vroom is shaking up executive leadership at its captive, United Auto Credit. United Auto Credit (UACC) co-President and Chief Executive…
NatWest takes digital ID to the Nordics
NatWest is to make its digital identity service for legally binding documents via Adobe Acrobat Sign available to customers in the Nordics.
EBA Clearing’s FPAD Verification of Payee service is primed to scale
EBA Clearing has announced that the testing for its Fraud Pattern Anomaly Detection (FPAD) Verification of Payee (VoP) solution confirmed that it is ready to scale.
Banks buy stake in LSEG’s post trade business
The London Stock Exchange Group (LSEG) has sold a 20% stake in its Post Trade Solutions business to a consortium of 11 banks.
ComplyAuto & Informativ integrate compliance platforms
Described by the service providers as a move “that promises to reshape the landscape of privacy, F&I, and credit compliance software,” ComplyAuto and Informativ recently announced a strategic relationship that will integrate their respective platforms to deliver dealers a comprehensive … [Read More]
Creative Business Decisions partners with LAUNCHER.SOLUTIONS to improve risk management
This week, LAUNCHER.SOLUTIONS and Creative Business Decisions (CBD) finalized their full integration to help mutual clients make better underwriting decisions by incorporating generic or custom-developed scorecards created by CBD within Launcher’s appTRAKER Loan Origination System (LOS). The company reiterated appTRAKER … [Read More]
Barclays invests in former Rise Academy alumni Velotix
AI-based data security platform Velotix has secured funding from Barclays Bank and Capri Ventures.
Australian watchdog reviews rule book amid fears of market meltdown caused by AI
Australia’s Securities and Invesment Commission is consulting on changes to its market integrity rules amid fears that AI combined with algorithmic trading could enhance market volatility and exacerbate flash crashes.
Rapid shift to digital is outpacing the ability of banks to respond to cyber threats
The rapid shift to digital by established banks in Apac is outpacing their capacity to adequately protect themselves from emergent cyber threats, according to analysis by the Financial Services Information Sharing and Analysis Center (FS-Isac).
ECB turns to AI startup for fraud detection for digital euro
The European Central Bank (ECB) has selected Portugal-based startup Feedzai to provide fraud detection and prevention for its digital euro.
Survey confirms rising appeal of online researching & shopping for F&I products
The latest industry survey by Protective Asset Protection sought to get a better understanding of growth patterns for online research and sales of vehicle transactions and F&I product offerings at dealerships across the U.S. The provider of F&I programs and … [Read More]
LGBTQ+ banking startup Daylight shuts down
Daylight, a digital banking app built for America’s LGBTQ+ community, is shutting down weeks after three former employees filed a lawsuit against the startup.
Level39: A place for ‘grow-ups’
“Candy is compulsory.” So says Eric Van der Kleij, technology entrepreneur and special adviser to Level39, the FinTech Accelerator space in Canary Wharf, as he guides the Finextra TV team on an exclusive tour of the facility.
Recognising industry trends in cloud and SaaS adoption strategies
Finextra spoke to president of product and chief operating officer, Prema Varadhan, and CVP of financial services at Microsoft, Bill Borden, on the adoption of cloud and Software-as-a-Service during the Temenos Community Forum in Vienna earlier this year.