Inside Global Lending Services’ EV financing strategy
Global Lending Services has launched EV financing on the heels of implementing enhanced dealer tools and risk scoring to drive…
Finastra teams up with EcoTree to provide a green offering for banks
Finastra has teamed up with sustainable forestry company EcoTree to provide banks with a means to remove the carbon footprint associated with both the running and implementation of its technology.
NatWest partners Spotify on green business podcast
NatWest is teaming up with Spotify to launch a carbon neutral podcast series focused on climate champions from the UK business community.
Santander bids to clamp down on Facebook Marketplace scams
Banco Santander is to stop bank transfers for Facebook Marketplace payments in cases where a customer has not seen the item in person.
California CU gains certification to help underbanked open checking accounts
For California customers in your auto finance portfolio who might not have a checking account already, they might have an option to get one through California Credit Union. The institution said last week that it received certification by the national … [Read More]
Banks, telcos and Big Tech combine to spy on scammers
A coalition of banks, Big Tech firms, and telecomm’s groups have banded together to interact with known scammers and gather intelligence in a bid to quell a growing fraud epidemic.
Visa faces DoJ probe into tokenisation technology pricing
The US Department of Justice is investigating Visa’s policies for charging retailer more for not using its proprietary tokenisation technology, according to Bloomberg.
Sugi portfolio temperature feature shows users how cool their investments are
Green fintech Sugi has added a feature to its app that lets users check the temperature alignment of their investment portfolios.
Capital One acquires user experience consultancy Adaptive Path
Capital One has acquired San Francisco design outfit Adaptive Path, in a move that demonstrates the growing importance of user experience design thinking in financial products.
Aussie government requests tenders to operate new Melbourne fintech hub
The Victoria state government is seeking applications for “experienced innovation hub operators” to establish a fintech hub in Melbourne.
SETL demonstrates 1m transactions a second on blockchain
Blockchain settlement and payment infrastructure provider SETL is claiming a “breakthrough moment” after its Regulated Liability Network (RLN) demonstrated that it can process one million transactions per second (tps).
FCA to provide live AI testing service for financial firms
The Financial Conduct Authority is to launch a live AI testing service to help firm deploy safe and responsible artifical intelligence models.
ECB officials liken crypto regulation to providing new clothes for a ‘naked emperor’
Senior payments experts at the European Central Bank have billed the SEC’s approval of spot exchange-traded funds (ETF) for bitcoin as an example of the ‘naked emperors new clothes’, legitimising a currency whose fair value as an asset is effectively zero.
TranscendAP launches as new venture for AI-powered accounts payable automation
Accounts payable automation specialist TranscendAP has spun out from IT services firm Optima Global Solutions.
Stripe alumni raise $6m for AI-powered ‘wealthcare’
Era, an AI-powered personal wealth management startup founded by Stripe alumni, has raised $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.