Polaris sales slide 12% amid shipping rollback
Polaris’ sales continued to slide in the first quarter amid economic and trade uncertainties. Overall sales were down 12% year…
Presidential election ’24: Implications for the auto finance industry
For the automotive industry, today’s election is defined by uncertainty as candidates Kamala Harris and Donald Trump take different stances…
Ransomware attack on vendor causes outages at 60 credit unions
Dozens of US credit unions have been hit by outages following a ransomware attack on a cloud computing vendor.
UK forms climate finance partnership with Fiji
The UK Government has announced that the British High Commission (BHC) in Suva, Fiji have formed a partnership to deliver climate finance projects in Pacific Island countries.
Sustainable Live sneak peek: Green Finance Institute outlines nature-related risks for UK
Earlier this month, Richard Peers of ResponsibleRisk – and keynote speaker at this year’s Sustainable Finance Live conference – spoke to director of nature programmes and GFI Hive at the Green Finance Institute (GFI) on nature-related financial risks for the UK.
G+D’s sustainable cards zero-in on virgin plastics
Dr Carsten Wengel, head of global sales and distribution in the card and digital payment business at G+D, spoke to Finextra on sustainable cashless options that are emerging in the financial services sector.
UBS launches tokenized warrant on public blockchain
UBS has launched Hong Kong’s first investment-grade tokenized warrant on the Ethereum public blockchain network.
CFPB fines TD Bank nearly $28M over inaccurate information impacting consumer credit reports
Last week, the Consumer Financial Protection Bureau (CFPB) levied some harsh allegations and nearly $28 million in fines and penalties against TD Bank. The regulator said the bank “repeatedly” shared inaccurate, negative information about its customers to consumer reporting companies, … [Read More]
OEMs see EV sales plummet in November, ICE ticks down
Electric vehicle sales plummeted in November as consumers pulled back spending in the wake of fewer EV-specific incentives. Ford Motor’s…
SocGen brings stablecoin to XRP Ledger
SG-Forge, the digital asset division of French bank Societe Generale is deploying its Euro-based stablecoin on the XRP Ledger (XRPL).
HSBC taps Google Cloud for call centre AI
HSBC has enlisted Google Cloud to build a global call centre AI chatbot that helps employees cut down on the time they spend on manually intensive queries.
SC Ventures launches invoicing and billing fintech to SMEs in Apac
SC Ventures, the fintech investment and incubation arm of Standard Chartered, has launched Labamu, an invoicing and billing platform for SMEs in Apac.
PayPal stablecoin comes to Solana blockchain
PayPal’s PYUSD is now available on the Solana blockchain in a move that the company says will make its stablecoin faster and cheaper to use.
LemFi buys Pillar to expand credit services to immigrants
LemFi, a financial services platform for immigrant communities has acquired UK fintech Pillar to expand its credit services. Terms of the deal were not disclosed.
New Open Lending CFO starts on Aug. 18
Open Lending Corp. will have a new chief financial officer in place on Aug. 18. The provider of automotive lending and risk analytics solutions for financial institutions recently appointed Massimo Monaco as its incoming CFO, an executive who will bring … [Read More]