Report highlights tech skills shortage
The financial services sector faces a potential shortage of skilled technologists and data analysts over the next five years, according to as recently published report.
Ripple stablecoin becomes offramp for BlackRock tokenised fund
Ripple has joined forces with Securitize on a smart contract that allows holders of BlackRock and VanEck tokenised funds to exchange their shares to Ripple for the firm’s stablecoin.
Survey: Despite notable lack of emergency funds, majority of Americans feel confident about handling unexpected expenses
Fintech investment continues slow decline
Total global investment in fintech fell from $62.3 billion across 2,287 deals in H2’23 to $51.9 billion across 2,255 deals in H1’24.
‘Lifting the lid on Fintech’- customer-focused innovation or dangerous corporate power grab?
The finance sector’s decision to ape Big Tech and adopt platform business models enabled and powered by the mass acquisition and manipulation of data is creating new risks for society, warns a report from the Finance Innovation Lab.
MBSi begins president transition process
Industrywide originations slip 0.4%
Economic headwinds continued to affect auto origination volume in the first quarter, but affordability concerns eased in the second quarter. …
AI fintech Optasia lists in South Africa
UAE-based Optasia, a AI-powered fintech, has listed on the Johannesburg Stock Exchange (JSE) in one of the country’s biggest IPOs in recent years.
Carvana adds 4 states covering 16 markets to co-signer program
NextGear gives $50K to fund STEM lab at Indianapolis elementary school
Sella Group pilots biometric fingerprint card
Italy’s Sella Group is trialling a a biometric recognition credit card that allows people to make payments by using their fingerprint.
SAFCO inks $100M Deutsche Bank facility, extends CapOne agreement
Indirect subprime lender Southern Auto Finance Co. inked a $100 million warehouse facility with Deutsche Bank this week and extended…
Ripple scores partial win in SEC lawsuit
Ripple did not violate federal securities law by selling the XRP token on public exchanges and through algorithms, a US judge has ruled in a major win for the cryptocurrency industry.
Kraken and Mastercard team on crypto debit cards
Cryptocurrency exchange Kraken is working with Mastercard to allow customers in the UK and Europe to spend their crypto at over 150 million merchants worldwide.














