AI up lad! Yorkshire launches AI investment fund
English county Yorkshire is bidding for a prime position in the UK’s AI sector with the launch of an investment fund targetting AI startups.
Experian & Plaid collaborate for real-time cashflow insights to reinforce credit decisions
Experian and Plaid want to make consumer activities involving cash more useful for auto-finance companies and other lenders. The companies recently announced a strategic collaboration aimed at lowering barriers to accessing cashflow solutions and expanding financial inclusion. Now, banks, credit … [Read More]
Triodos Bank’s £2 million rewilding bond raised in under 48 hours
Triodos Bank UK and rewilding charity, Trees for Life, have successfully raised a crowdfunding bond worth £2 million, just 48 hours after launch – demonstrating the rising demand for rewilding as an investment opportunity.
Temenos TCF The Hague- Digital Banking Reloaded- live blog, Day 1
Finextra is here in The Hague covering Temenos’ annual bash. Stay tuned for live rolling updates on proceedings and the very latest in innovative functionality and streamlined operations.
Bank of America keeps auto capital allocation steady
Bank of America has “prepared for the worst” by proactively balancing capital needs while achieving positive returns ahead of stricter…
Global mobile banking malware surges 32%
Global mobile banking trojan attacks on Android users grew by a third in 2023, while cryptocurrency-related phishing also saw a sharp increase, according to a Kaspersky report.
Climate scenario analysis toolkit for banks launches
Think tank 2° Investing Initiative (2DII) has launched a free, open source climate scenario analysis toolkit for banks.
University of Toronto sets up Fintech Boot Camp
The University of Toronto has set up a ‘Fintech Boot Camp’ with a pledge to give learners the knowledge they need to move forward in the financial technology industry.
EBAday 2024: Challenges and benefits of CBDCs
What is the future of CBDCs in Europe and what do experts expect from stablecoin adoption? These questions were answered at EBAday 2024 in Lisbon where leaders in digital currencies examined what the future holds for digital assets.
ANZ creates ‘AI Immersion Centre’ for executive class
ANZ has partnered with Microsoft to launch an ‘AI Immersion Centre’ for the bank’s leadership team at its Melbourne headquarter offices.
Investing API Atomic raises $25m
Atomic, a US outfit that provide an API to help banks and fintechs integrate investing into their products, has launched with $25 million in Series A funding.
Nissan eyes ‘financial stability’ as U.S. sales rise 13% YoY
Nissan Motor Co. is prioritizing profitable growth amid reports that Chief Financial Officer Stephen Ma is planning to step down…
Powell says Fed could cut rates ‘as soon as’ September meeting
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank…
Agora Data delves into powersports sector with $12M transaction
Agora Data is now in the powersports business. The consumer fintech company specializing in advanced capital solutions and AI-driven loan performance analytics, has completed a $12 million transaction providing liquidity for Model Finance, a powersports finance company. This move represents … [Read More]
Swedish central bank files police report after IT firm hit by ransomware attack
Sweden’s Riksbank has filed a police report after a ransomware attack on software firm Tietoevry knocked out some of the central bank’s IT systems.