Alexander Mashinsky, the former CEO of crypto firm Celsius Network, has been sentenced to 12 years in prison for commodities fraud and securities fraud.
Vroom is discontinuing its e-commerce and used-vehicle dealership businesses as the retailer faces ongoing liquidity challenges. The retailer on Jan….
The Bank of Israel has assembled 14 teams from the private sector, the public sector, and academia to study potential use case for a digital shekel.
JPmorgan Chase is to launch its retail digital bank in Germany next year.
Auto lease asset-backed securitization issuance volume reached a 10-year high this year, led by captive finance companies. “Retail auto lease…
Ford Motor Co. will sell its lineup of electric vehicles through all 2,800 of its US dealers in a bid…
Powersports lender Octane has inked an agreement with Honda that allows nonprime customers to finance Honda powersports products for the…
IBM has hired former Bank of America chief technology officer Howard Boville as head of its cloud business.
Consumers are slowing purchases and auto lenders are tightening credit standards as auto loan delinquencies and monthly payments continue to…
ABN Amro, IBM, Holland FinTech and Linux Foundation are to run the first-ever Hyperledger hackathon, inviting coders to develop new financial applications capable of running on distributed ledgers.
The next year will see an industry tipping point for AI innovation in the financial sector, says Zac Maufe, global head of regulated industries at Google Cloud.
A gauge of credit risk rose on Monday as looming tariffs stoked concerns of an economic slowdown and stock markets fell. The…