UniCredit to roll out biometric payment system
Italian bank UniCredit has begun market tests of a new biometric payment system that uses infra-red sensors at the POS terminal to recognise the geometry of the veins in the palm of the user’s hand.
COMMENTARY: Redefining auto finance & navigating the F&I compliance landscape
In an era where over 100 million Americans are tethered to car loans that total some $1.6 trillion in debt, the spotlight on the auto finance industry has intensified. This is not just about numbers, it’s about the responsibility that … [Read More]
Fisker negotiations with OEM end
EV maker Fisker’s talks with a large automaker have ended without reaching a deal, leaving the company to consider a…
Maryland high court joins others with pro-insurer COVID ruling
Catastrophes, Coronavirus, Coverage Disputes, P/C Insurers, Property FM Global
Podcast: BHPH dealer Oak Motors’ applications up 30%, approvals fall
Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased…
Off the Lot: Service contracts pose hidden risk in lenders’ portfolio amid tariffs
Much attention has been paid to the ripple effects of ongoing trade tariffs across the auto industry — from vehicle…
FS firms turn to agentic AI for compliance operations
The majority of global financial institutions are actively implementing agentic AI in order to improve their compliance operations, according to research from Fenergo.
Macquarie Asset Management’s InEvo Re enters PRT agreement with UK insurer
InEvo Re, a reinsurer established by Macquarie Asset Management, has reportedly entered into an agreement with a leading UK insurer to reinsure their PRT liabilities, including both pensions in payment and deferred pensioners.
Simple co-founder bids to upend financial world with APIs and a stablecoin
Simple co-founder Shamir Karkal has taken the wraps off his latest project: Sila, a startup offering fintech firms a suite of APIs and developer tools supported by a dollar-pegged stablecoin.
UK venture funding reaches multi-year high
Startups and scaleups based in the UK secured more than $9bn in venture capital funding in Q3, making it the second-highest quarterly funding total on record.
JPMorgan and DBS explore interoperability of tokenised deposits
JPMorgan’s blockchain unit Kinexys is working with Singaporean bank DBS to develop an interoperability framework for tokenized deposit transfers across various types of blockchain networks.
Lloyds Bank completes controversial acquisition of Curve
Lloyds Banking Group has confirmed the acquisition of London-based fintech Curve.
Monument confirms £28 million fund raise
Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors.
Banco Santander and Google offer free AI training for everyone
Banco Santander and Google have reached an agreement to offer a free AI course for anyone over the age of 18 the world over.