CommBank app to track customer carbon footprints
Commonwealth Bank of Australia is to provide personalised carbon footprints for customers based on their spending data in a partnership with fintech start-up CoGo.
FTC refunds nearly $1M to Vroom consumers
The FTC is issuing more than $934,000 in refunds to consumers who bought a vehicle from Vroom following a July…
CFPB spots more issues with auto finance companies & credit reporting
Auto financing was mentioned often by the Consumer Financial Protection Bureau (CFPB) as the regulator published its latest edition of Supervisory Highlights last week. The CFPB shared key findings from recent examinations about continuing accuracy problems in the credit reporting … [Read More]
HSBC AM leads €12 million investment in Unbox
Value exchange network Unbox has closed a €12 million Series A round with support from HSBC Asset Management and Belgian sovereign wealth fund subsidiary SFPIM.
Under the Hood: Few FTC commenters cite junk fees in auto finance
Comments have been streaming in for the FTC’s proposed rule targeting “junk fees,” the term used to describe hidden or…
RBC and BMO explore $2bn sale of Moneris payments business – Reuters
Royal Bank of Canada and Bank of Montreal are looking to offload payments processing joint venture Moneris for up to $2 billion, according to Reuters.
Keir Starmer and Prince William used in deepfake crypto scam
Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments.
KPA acquires ComplyNet with eyes on all-in-one dealership compliance solution
Automotive industry M&A activity continued on Wednesday with an announcement indicating KPA has acquired ComplyNet. KPA, a provider of environmental health, and safety (EHS) as well as F&I solutions, explained why it made this move to acquire ComplyNet which provides … [Read More]
Lunar launches GenAI Native Voice Assistant
In a European first, Nordic challenger bank Lunar has launched a virtual assistant using GenAI Native Voice technology.
Klarna to deliver first billion dollar quarter
Klarna is expected to deliver its first billion dollar quarter in Q4, driven by explosive growth in the US, soaring card uptake and improved productivity from deployed artificial intelligence.
Report: Annual car insurance premiums to surge past $2,100, setting another record
Rising costs highlighted in the State of Auto Insurance in 2025 report published by ValuePenguin.com, a LendingTree company, showed the customers currently in your portfolio and applicants seeking auto financing might continue to be stretched financially. While premiums on average … [Read More]
Insight LPR joins industry conversation about contracts & more
On Thursday, Insight LPR joined the recent conversation about license plate recognition technology in the repossession industry public square started by the American Recovery Association and DRN. In a letter signed by president John Nethery and sent to Cherokee Media … [Read More]
ANZ head of tech to retire
Australian bank ANZ is on the lookout for a new technology head after group executive technology and group services Gerard Florian announced his departure.
Credit union auto outstandings dip 3.1% year over year
Credit union auto loan production declined as delinquencies rose during the third quarter. Auto loan outstandings across 4,499 federally insured…
Circular economy fintech Fairown expands to Poland
Sustainability-focused fintech, Fairown, has announced plans to expand into central Europe and develop a circular economy, by helping banks and vendors offer products as a service. The platform will join forces with Apple Premium Reseller Cortland and Inbank for its launch in Poland.