Danske Bank adds sustainable investment insights to mobile app
Danske Bank has added a new feature to its mobile app that gives customers a clear insight into how many sustainable investments they have in their portfolio.
Savings-backed auto loan could cushion financial uncertainty (Under the Hood)
With consumer confidence dragging and cash-strapped shoppers expected to reel in holiday spending, an auto loan with a savings component…
EquiLend to be acquired by PE firm WCAS
EquiLend, the securities lending trading platform owned by 10 major Wall Street firms, is being acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
Shawbrook taps AI to make loan pricing decisions faster
UK specialist lender Shawbrook Bank says it is generating personal loan rates five times quicker since rolling out an in-house built AI-enabled pricing environment.
Goldman makes further investment in no-code software firm Unqork
Unqork, a no-code application platform used by big name financial services firms has topped up its Series B funding round with an additional $51 million from, among others, Goldman Sachs.
Agile ESG reporting software key in evolving regulatory landscape
Mounting regulatory requirements and growing stakeholder pressure is driving a surge in demand for ESG reporting and data management software, creating a multi-billion dollar market that vendors need to keep up with, according to a report from research firm Verdantix.
Trovata buys treasury management system Atom
Cash and liquidity management platform Trovata has acquired treasury management system (TMS) Atom and secured $9 million in investment.
Credit Acceptance promotes long-time exec to CFO
On Thursday, Credit Acceptance announced the promotion of Jay Martin to chief financial officer, a move that had become effective two days earlier. Martin joined Credit Acceptance in 2003, serving in a variety of “increasingly challenging” roles throughout his tenure. … [Read More]
Team-first approach cultivated in the Marines propels Messiha to be Loss Mitigation Executive of the Year
The U.S. Marine Corp. might not be an official training institution for the auto-finance industry. But John Messiha used it nicely to become an executive with Bank of America, Capital One, Goldman Sachs, Uber and Bridgecrest Acceptance. “The first goal … [Read More]
HKMA to pilot CBDC sandbox for tokenised deposits
The Hong Kong Monetary Authority (HKMA) has kicked off a new wholesale central bank digital currency (wCBDC) project to render support to the development of the tokenisation market in the territory.
Used EV days’ supply hits 3-year low in May
Used EV days’ supply reached a three-year low in May as sales surged year over year on the heels of…
LegalShield’s Consumer Stress Legal Index dips in June
While also extrapolating its data to make a presidential election prediction, LegalShield offered an update on its Consumer Stress Legal Index (CSLI), which dipped a bit in June. Based solely on consumer inquiries seeking legal assistance in June, LegalShield reported … [Read More]
Project Promissa launched to test tokenisation for promissory notes
Project Promissa has been launched by BIS Innovation Hub, Swiss National Bank, and World Bank to build a platform for digital tokenised promissory notes.
Mastercard unveils platform to boost payment approval rates
Mastercard has unveiled the Payment Optimisation Platform (POP), a service designed to improve approval rates for merchants using data to make intelligent decisions about transactions.
Credit One Bank survey asks, ‘Would you date someone with bad credit?’
Being in the subprime credit tier not only can make it more difficult to secure auto financing, but it might make it more challenging to have a personal relationship, too. In a new nationwide survey of 1,000 young adults, Credit … [Read More]