Trace3’s Asher Lohman on How Fiservs Can Maximize Their AI Investments

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If financial services companies want to derive value from artificial intelligence (AI), they must define clear use cases and prepare for what’s coming. Asher Lohman helps them do that. Lohman is the vice president of data analytics for Trace3, an integrator, and reseller of enterprise… Read More

 

 




Robinhood Unveils New Visual Identity to Reflect Investment Platform’s Evolution

Robinhood (Nasdaq: HOOD) has introduced a new “visual identity” that aims to reflect Robinhood’s growth and vision for the foreseeable future. When Robinhood was first established, they claim to have set out to build a platform that gives everyone improved access to the financial markets. During… Read More

Cboe Global Markets Introduces Options on VIX Futures to Help Manage Equity Market Volatility Ahead of US Elections

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced its Options on Cboe Volatility Index (VIX) Futures (Ticker: UX) are planned to begin trading on Cboe Futures Exchange, LLC (CFE) on October 14. The Options on VIX Futures will aim to… Read More

TD Bank Shares Update After “Resolution” of Anti- Money Laundering (AML) Investigations and $3 Billion Fine

TD Bank Group (NYSE: TD) announced that, following “several years” of active cooperation and engagement with authorities and regulators, it has reached a “resolution” of previously disclosed investigations related to its U.S. Bank Secrecy Act (BSA) as well as the Anti-Money Laundering (AML) compliance programs…. Read More

Latin America’s Digital Assets Firm Bitso Shares Insights on Crypto Industry Policies Prior to US Elections

Less than a month before the presidential elections in the United States take place, next Tuesday, November 5, both candidates (former US President Donald Trump and Kamala Harris) have made statements about the crypto industry and the future of Bitcoin. According to an update from… Read More

Majority of Small Businesses in the US Are Expecting Significant Revenue Growth – Research Study

A Bank of America (NYSE: BAC) study reveals that the vast majority or almost 80% of U.S. based business owners are now anticipating revenue growth in the coming year. Bank of America noted in an extensive update, covering all key demographics in the United States,… Read More

Manx Financial CEO Says UK International Investment Summit is Publicity Stunt

Stating that the UK International Investment Summit is looking like a “publicity stunt, “Douglas Grant, Group CEO of Manx Financial Group, said they welcome the gathering but it raises some concerns. The event is arriving several weeks before the Labour government’s budget reveal which are… Read More

HKMA: Hong Kong Shifts from Virtual Bank to Digital Bank Nomenclature, Joins Rest of the World

The Hong Kong Monetary Authority (HKMA) has published the results of a consultation on changing the term “Virtual Bank” to “Digital Bank,” joining most of the rest of the world. Hong Kong has been a progressive jurisdiction when it comes to embracing the digital banking… Read More

Swedish Open Banking Fintech Trustly to Expand DACH Region Operations

Trustly, the Swedish global market leader in open banking payments, is putting its expansion plans for the DACH region into action. As part of this, the firm says it is building a German-speaking team, starting with strategic sales staff. The goal is to boost the… Read More

Enterprise Blockchain Firm Ripple Brings “Bank-Grade” Custody Solution to Crypto Businesses

Ripple, the provider of digital asset infrastructure, announced the launch of new features and functionality to Ripple Custody, bringing the benefits of “bank-grade” custody technology to fintechs and crypto natives. The update reportedly includes a transaction screening service integration, added hardware security module (HSM) options,… Read More

Experian UK and Ireland to Enhance Commercial Insurance Underwriting with AI-enabled Data Solution

Experian UK&I has recently announced an AI-powered data solution ‘Hazard Tags’ which will help with the transformation of underwriting processes in the commercial insurance sector. As explained in the update from Experian, manual underwriting methods can be time-consuming for insurers and can often lead to… Read More


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Global Payments Fintech Klarna Releases Latest Data on Launch of Cashback Initiative

Klarna, an AI-powered global payments network and shopping assistant, has released data on its launch of cashback. In the six weeks since launch: 506,378 Klarna shoppers have earned $2.7m dollars in cashback. Klarna merchants have given cashback on $98.4m worth of sales. Over 1,000 cashback… Read More

Norway Reportedly Makes It Easier to Settle Transactions with Cash But Digital Payments Continue to Increase Globally

Norway, which is globally recognized as one of the world’s most cashless societies and economies, appears to have made it simpler to settle transactions with cash. In what appears to be a significant change in the trend towards avoiding cash transactions, the government and reserve… Read More

UK’s Digital Bank OakNorth Provides Loan to JV Between Dukesmead Property Group, Kyte Property, Grosvenor Hill

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has reportedly provided a £2.25m loan to a new joint venture between Dukesmead Property Group, Kyte Property and returning customer, Grosvenor Hill. Established back in 2019, and led by a senior Management team, including Rodney Bishop, Dukesmead… Read More

UK Fintech Firms Making Considerable Positive Impact on Economy – Innovate Finance Report

Innovate Finance, the industry body representing the Fintech community in the UK, and Vested Impact have released The Fintech Impact Report 2024, prepared in collaboration with Accenture, assessing the impact UK FinTech has on the “economy and society.” This latest report measures the Fintech ecosystem’s… Read More

Bitpanda Research Report: Gen Z and Millennial Investors in Italy Are Increasingly Investing in Bitcoin and Other Digital Assets

Bitpanda has shared research examining the crypto investment market in Italy. In Italy, Bitpanda said they have found that nearly one in ten people (9%) across the European nation currently invest in virtual currencies, however, the update clarified that this number rises to 16% for… Read More

UK Firms Are Prioritizing Trust and Safety in Digital Transactions with Additional Resources – Report

The team at Prove has shared key insights on the “Rise of the Trust & Safety Officer” – which now consistently aims to safeguard businesses in the so-called digital age. Prove noted in a blog post that in every sector and across all global regions,… Read More

UK’s Online Pension Provider PensionBee Reports Latest ESG Scores

PensionBee, a global enabler of the consumer retirement market, has reportedly achieved its highest-ever environmental, social, and governance (ESG) rating from EthiFinance, scoring 86/100 in their latest assessment report. The EthiFinance ESG Ratings, which aim to effectively evaluate firms on a scale from 0 to… Read More

Dublin Regtech Fenergo Announces Key Updates, Remains Focused on US Business Expansion Strategy

Fenergo, the provider of AI-powered solutions for Know Your Customer (KYC), Anti-money laundering (AML) transaction monitoring and Client Lifecycle Management (CLM), has announced several key updates including being recognized by Chartis for KYC and being acknowledged for its AI-enhanced digital customer onboarding solutions. In addition… Read More

AI and “Humanity” Focused Worldcoin Project Developers Announce Updates and Initiatives in San Francisco

Worldcoin recently shared a key project update in San Francisco. As explained in a blog post, the Worldcoin initiative has reportedly been created (in 2019) in order to accelerate “humanity” in the age of AI. According to its developers, the project has now grown and… Read More

Bitcoin Adoption: OKX Invests in Long-Term BTC Network Security via Grant to 2140 Foundation

Digital assets firm OKX recently revealed that they’re investing in Bitcoin’s long-term security via a grant to 2140 Foundation. OKX explained in a blog post that the grant will aim to extend support to the 2140 Foundation’s multi-year and ongoing effort to foster long-term security,… Read More

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