RBC Global Asset Management is to invest $20 million to establish an in-house innovation lab, snapping up Toronto-based digital advisory firm Wiser Investments as part of the package.
Online payments platform Payset is gearing up for European expansion after signing on for Thought Machine’s cloud-native technology.
Santander UK has introduced mobile app blurring to protect customers from scammers’ screen sharing technology.
Estonia’s LHV Group, is to open a second UK office in Leeds to house the firm’s engineering and development teams.
Indonesia-based Islamic banking services provider BCA Syariah has rolled out Thought Machine’s cloud-native Vault Core platform.
Innovations in AI and embedded finance have kickstarted a recovery in fintech funding, according to Q3 figures compiled by Dealroom.
Deutsche Bank is inviting bids from tech giants Amazon, Google and Microsoft to fix its outmoded technology estate, according to a report from Reuters.
Public transport passengers in the French city of Toulouse can now pay for their rides in bitcoin.
Credit Suisse Asset Management’s fintech growth equity unit has acquired the investment management software and services business NorthPoint Technology. Financial terms were not disclosed.
The United States’ slow progress on central bank digital currencies is seeing it fall behind the likes of China, India and the European Union on the future of money, warns think tank The Atlantic Council.
The UK’s Labour party says it will deliver the next phase of Open Banking, become a standard setter for the use of AI, and embrace securities tokenisation and a digital pound if it wins the next election.
Digital bank and fintech provider Green Dot has launched an embedded finance brand and platform of services.
CommBank’s venture scaling arm x15Ventures has invested in Seattle-based data management startup Gable, which emerged as the winner from a field of fintechs participating in its latest Xccelerate24 programme.
TrueLayer has launched an Open Banking and PSD2-based payments API, giving businesses and consumers an alternative to card payments and bank transfers.
US-based stock trading app Robinhood is planning to expand its European presence by offering investors in the region access to tokenised US securities.