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Nasdaq unveils tech to scale global carbon markets

Exchange operator Nasdaq has launched technology that securely digitises the issuance, settlement, and custody of carbon credits.

UBS to apply for Chinese digital banking licence

UBS is to apply for a digital banking licence in China with the aim of reaching 200,000 mass affluent clients within two years.

Corporate card firm Pliant snags $40 million in funding

Berlin-based corporate card platform Pliant has raised a $40 million Series B equity round to fuekl its expansion to the US.

ABN Amro registers digital green bond on blockchain

ABN Amro has become the first Dutch bank to register a digital green bond on a public blockchain.

Outage fever strikes UK banks

A spate of online banking glitches has hit the UK’s leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

Porsche names new finance, sales chiefs in strategy reset

Porsche AG’s supervisory board has chosen company insiders to replace its finance and sales chiefs as the Volkswagen AG luxury…

Auto delinquency rates up for 34th month in row

Auto delinquency rates rose again in July, marking 34 consecutive year-over-year increases as inflationary pressures and elevated interest rates have…

Santander study reinforces value of vehicle access

Santander Holdings USA recently announced findings from a new survey that shows middle-income American consumers were feeling optimistic in the fourth quarter, with 70% of respondents believing they are on the right track toward achieving financial prosperity and 80% believing … [Read More]

Firms struggling to find RoI for AI projects

More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.

Robinhood lays off 150 employees

Stock trading app Robinhood has laid off another seven per cent of its workforce, about 150 employees, according to the Wall Street Journal.

Standard Chartered taps Doconomy for carbon consumption app

Standard Charetered has contracted with Sweden’s Doconomy to provide customers with a digital tool that tracks carbon emissions and freshwater consumption on goods bought using the bank’s credit and debit cards.

Dissension surfaces even when FTC votes unanimously to punish Arizona dealers

Here’s how a unanimous vote can still contain dissension in the automotive regulatory world. The Federal Trade Commission voted unanimously to join the state of Arizona against a pair of franchised dealerships. Officials said the stores engaged in a wide … [Read More]