Robinhood CEO calls tokenisation unstoppable ‘freight-train’
It is inevitable that the entire financial market will be tokenised, according to Vlad Tenev, co-founder and CEO of online trading platform Robinhood
Mastercard and Feedzai form scam-fighting pact
Mastercard has joined forces with financial crime prevention specialist Feedzai to help banks tackle the next generation of AI-powered scams.
Microsoft Build 2019: What stands out for fintech developers?
Thousands of developers, software engineers and students gathered at Microsoft Build 2019 to learn about the latest advances across technologies critical to the future of banking, such as artificial intelligence, blockchain, the Internet of Things and Mixed Reality for cloud or edge computing.
State Street takes stake in PensionBee
The world’s third largest asset manager, State Street Global Advisors (SSGA), has taken a strategic minority stake in UK fintech startup and online pension manager PensionBee.
GM Financial originations slip 3.5% in Q3
GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined. The captive’s…
Biggest banks’ loan yields keep falling even as Fed remains wary
President Donald Trump is frustrated that the Federal Reserve hasn’t lowered interest rates this year. At the biggest US banks,…
HCA’s Ting Cui talks navigating barriers at Women in Auto Finance Luncheon
In the male-dominated auto finance industry, Ting Cui, executive director and department head of corporate strategy at Hyundai Capital America,…
Northern Trust: 21% of private market investors allocate to crypto and digital assets
In a global survey of 180 institutional plans with investment portfolios ranging from $1 billion to over $500 billion, Northern Trust gathered responses from senior leaders at pension funds, outsourced chief financial officers and multi-managers, family offices, sovereign wealth funds, endowments, and other institutions across the Americas, Emea and Apac.
Swiss banks switch on open banking
Bank customers in Switzerland can now bundle their accounts from various banks into one banking or fintech app following the roll out of the bLink open banking API from SIX.
2 landlords cut deals with Tricolor Holdings
Subprime auto lender Tricolor Holdings reached agreements with several landlords and an equipment financier in a preliminary hearing today. The…
Fundbox acquihires Vaya founders
Fundbox has bolstered its embedded capital infrastructure for small businesses by acquihiring the founders of Vaya Technologies.
Ripple to acquire prime brokerage Hiddden Road for $1.25 billion
Ripple is to acquire crypo-friendly prime brokerage Hidden Road for $1.25 billion, representing one of the largest deals in the digital assets space.
India to add biometric authentication for UPI payments
Indians will be able to authenticate payments made through the country’s Unified Payments Interface via facial recognition or fingerprints, according to Reuters.
PODCAST: Path dealerships can take to leverage refinancing
As experts from firms such as Edmunds have discovered, many consumers are committing to a monthly vehicle payment of $1,000 or more. Becky Chernek of Chernek Consulting made her monthly visit for the Auto Remarketing Podcast to go over the value … [Read More]
Nomura leads $6 million investment in climate tech startup Allinfra
Climate tech startup Allinfra has raised $6 million in a Series A round led by Nomura.