Palla raises $14.5m for cross-border payments
Palla, a fintech that enables instant cross-border payments for global financial institutions and fintech firms, has raised $14.5 million in a Series A funding round led by Revolution Ventures.
HDFS originations flat in Q3; operating income soars
Harley-Davidson Financial Services’ originations and operating income rose in the third quarter as the captive pushed forward on its multibillion…
ARA hosting free webinar to explain new-found choice of compliance platform
This week, new American Recovery Association executive director Joel Kennedy shared a development meant to benefit not just organization members, but potentially any repossession agent, too. In an industry letter, Kennedy said “several” of the largest auto finance companies in … [Read More]
Captives, OEMs combat tariffs with collaboration
Captives and OEMs are meeting regularly to address affordability in a market defined by uncertainty, as President Donald Trump signed…
How to avoid another CrowdStrike-type outage
CrowdStrike continues to manage the fallout from its IT outage July 19 as it works on remediation plans with the…
Unicredit internalises outsourced back office operations, creating 200 new jobs
Italy’s UniCredit is to return previously outsourced back-office activities for securities services inhouse, creating more than 140 new jobs in Germany
Sustainable Finance Live: The state of the market and planet
Today, Finextra Research and Responsible Risk kicked off proceedings for Sustainable Finance Live – a series of virtual events designed to drive the creation of actionable ESGtech strategies within the financial services sector, and foster an ecosystem of partnerships that will turn strategy into action.
ADGM and Finastra join forces for ‘Hack to the Future 4’
The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.
WWF and TNFD partner up to launch nature-related data platform
The World Wildlife Fund for Nature (WWF) has collaborated with the Taskforce on Nature-related Financial Disclosures (TNFD) to form a global Nature Data Public Facility (NDPF) that will facilitate financial institutions in capturing and collected nature-related data.
Auto credit availability improves again in June
Both summertime temperatures and the Dealertrack Credit Availability Index are on upward trajectories. Cox Automotive reported on Thursday that the June index reflected a second consecutive month of improved credit access, rising to 97.3. That’s up from 96.5 in May. … [Read More]
AJ Bell signs for Lloyds FundBy Bank tech
Lloyds has signed investment platform AJ Bell to its open banking-powered FundBy Bank technology.
Money 20/20 Europe 2019 Q&A: Deutsche Bank’s Joris Hensen
After taking part in the F’in debate on transforming traditional banks to compete in the digital banking battlefield at Money 20/20 Europe 2019 in Amsterdam, Finextra spoke to Joris Hensen, co-lead API program at Deutsche Bank AG, about their developer portal, data aggregation and open banking.
JP Morgan teams up with Cleareye.ai for digitising trade finance solution
JP Morgan has announced their partnership with Cleareye.ai to bring ClearTrade, a trade financing digitising solution, to banks. The platform will be integrated into JP Morgan’s Trade Processing System that has rolled out in the APAC region and will be launched globally in the coming months.
Raiffeisenlandesbank to offer crypto investments
Austria’s Raiffeisenlandesbank aims to become the first traditional European bank to incorporate cryptocurrencies and other digital assets into its investment offering for clients.
AI ranking says banks lagging on climate action
Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.