Primeritus elevates Conners to be COO
Ares looking to buy auto finance paper
LAS VEGAS — Ares Capital Corp., one of the largest investor groups in the world, is looking to buy auto…
Captive ABS issuance surpasses $10B in February
Several captive finance companies issued auto asset-backed securitization transactions in February as prime and nonprime issuance increased year over year. …
New-vehicle listings jump 52.6% YoY
The volume of new vehicles listed for sale increased year over year in May while used-vehicle listings declined. New-vehicle listings…
BNY Mellon moves wire payments into Microsoft Azure
BNY Mellon has migrated infrastructure supporting wire payments into the cloud with Microsoft Azure.
From the editor: Dry humor but few dry eyes when Tom Hudson receives Jack Tracey Pinnacle Award
The eyes have it: Ant International adds iris authentication to smart payment glasses
Ant International has added iris authentication to its smart payment spectacles.
StoneEagle rolls out compliance offering for product refunds, hires Apicella as VP
Revolut lost $20 million to criminals exploiting payment loophole
Malicious actors exploited a fault in Revolut’s payment prcoessing system to steal more than $20 million from the financial super app in 2022, the FT has reported.
Square pilots cash rounding to help sellers with penny’s demise
As the US stops minting pennies, Square has begun piloting cash rounding functionality with sellers.
Octane inks $200M whole loan deal with Yieldstreet
A whole loan sale between investment company Yieldstreet and powersports lender Octane Lending marks the latest in Octane’s flurry of…
US challenger Battle Bank signs with Temenos
Set for launch in the second half of this year, US challenger Battle Bank has selected Temenos as as a key technology partner, adding to the Swiss vendor’s growing roster of neobanking clients.
Enhancing credit approaches to boost conversion and dealer loyalty
How technology, transparency, and self-service can create a competitive edge If lenders are the heart, dealers are the arteries through…
AJ Bell to launch commission-free investment app
Manchester-based AJ Bell is to launch an app-only commission-free investing platform with an annual charge of just 0.15%.














