Green fintech Sugi joins forces with wealth manager Artorius
Green fintech Sugi has joined forces with Artorius to offer the wealth manager’s clients bespoke access to environmental metrics that can help them build greener portfolios.
Webull opens access to savings marketplace
Digital investing platform Webull has launched Webull Savings, an offering that provides users with access to a marketplace of savings accounts and the ability to move funds quickly between trading accounts and banks.
Dutch cops raid criminal network linked to ATM explosions in Germany
Dutch police have raided 25 locations in the Netherlands in an ongoing crackdown again a spate of of ATM bombings in Germany.
Indian Supreme Court YouTube page hacked to promote XRP
The Indian Supreme Court’s official YouTube channel has been hacked and used to show videos promoting Ripple Labs’ XRP crypto token.
NYC subway security hole lets people use card info to track journeys
A security flaw with the New York subway’s contactless payments system lets people with a rider’s credit card details see their travel history.
‘Woeful’ systems and staff incentive schemes land TSB with £10.9 million penalty
The FCA has fined TSB Bank £10,910,500 for failing to ensure customers who were in arrears were treated fairly.
Mastercard welcomes latest Start Path in Solidarity programme participants
Mastercard has added five early-stage startups founded by women and people of colour to its Start Path in Solidarity programme.
Former Revolut duo launch banking on blockchain startup
Two ex-Revolut employees have raised $2.3 million in pre-Seed funding to build Bleap, a self-custodial stablecoin app with an accompanying debit card.
Lloyds Banking Group accelerates AI development with Google Cloud
Lloyds Banking Group is building a new machine learning (ML) and Generative AI (GenAI) platform using Google Cloud’s Vertex AI.
FCA calls on financial institutions to improve treatment of PEPs
The FCA has told financial firms to do more to ensure politically exposed persons (PEPs) and their families are not treated unfairly.
Lights, camera, action! Finextra TV highlights 2018
It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.
Trump signs order allowing crypto in 401(k) retirement plans
US President Donald Trump has signed an executive order paving the way for Americans to add alternative assets such as private equity, cryptocurrencies and real estate into 401(k) retirement saving plans.
UBS signs 10-year carbon capture deal with Climeworks
UBS has signed a ten-year carbon removal agreement with direct air capture firm Climeworks.
Lenders battle recovery woes with collections, servicing strategies
Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry,…
VantageScore spots notable auto-delinquency jump in July
The July edition of CreditGauge published this week by VantageScore showed that auto is one of the credit segments showing the most performance deterioration. VantageScore reported mortgage and auto loan credit delinquencies saw the largest year-over-year uptick in the early-stage … [Read More]