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CarMax Auto Finance originations drop 9%

CarMax Auto Finance’s originations fell in the company’s fiscal third quarter amid rising inventory prices and slowing demand from some customer segments.   CarMax Auto Finance (CAF)’s originations decreased 9.3% year over year to $1.8 billion in…

AFME urges faster adoption of cloud computing in capital markets

The Association for Financial Markets in Europe (AFME) has set out 14 recommendations to help realise the full potential of public cloud computing across the capital markets industry, as issues around legacy technology, security and regulatory concerns and standardisation slow uptake.