The finance sector has undergone a profound transformation due to the rapid advancements in technology over recent years. Emerging technologies like automation, artificial intelligence (AI), and blockchain are continually reshaping traditional financial practices, rendering them more efficient and
The financial technology industry and the banking sector have been witnessing significant developments. Two recent stories stand out: the Financial Technology Association (FTA) challenging the Consumer Financial Protection Bureau (CFPB) over new rules for buy now, pay later (BNPL) services, and a
The launch of Bloomberg's new solution aimed at assessing nature-related impacts and dependencies across up to 45,000 companies marks a significant development in sustainable investing. This aligns with the growing recognition of the necessity to manage biodiversity sustainably, with approximately
GMO Payment Gateway, Inc. (GMO-PG), a leading provider of payment and financial services under the GMO Internet Group, has recently made a significant investment of $3 million into Helicap’s credit fund. This move, executed through its Singapore-based subsidiary GMO-Z.COM PAYMENT GATEWAY,
In a groundbreaking move to upgrade its credit screening processes, Seven Bank has implemented a time-limited initiative utilizing “7iD” purchase data for personal loan services. This innovation began on October 16, 2024, marking a promising shift towards a more comprehensive and inclusive credit
Bank of America Corp. has recently announced a significant restructuring of its investment banking operations, integrating its fintech investment banking team into its broader technology division. This move underscores the increasing convergence of financial services and technology, reflecting the
