90% of UK banks and 56% of Swiss banks have lost business in the trade finance industry due to lack of decarbonisation financing terms, according to research from Pole Star. The maritime, governmental, and financial technology solutions company is calling for environmentally-driven regulation for banks falling behind on sustainability and carbon emission reductions.
Norway's central bank has made the source code for its CBDC sandbox publicly available and confirmed that the prototype infrastructure for the project is based on Ethereum technology.
Kyriba (“the Company”), a global leader of cloud-based finance and IT solutions, today announced the launch of Cash Management AI, a new solution based on Artificial Intelligence, which uses data science technologies to predict cash availability with increased speed, control and reliability.
Today, European investment platform Lightyear announces a new product update with a huge range of instruments from UK and European exchanges, as well as global Exchange Traded Funds (ETFs) going live in one month's time.
Ratio, a new kind of fintech platform that combines payments, predictive pricing, financing, and a frictionless quote to cash process into one platform for SaaS and technology companies, today emerged from stealth and announced raising $11M in venture funding and a $400M credit facility for customer financing.
The Consumer Financial Protection Bureau (CFPB) is planning to tighten up regulation of BNPL firms, bringing in the same baseline consumer protections that already exit for credit cards.