Digital Finance news and trends

CFPB and European Commission Open Dialogue About Digitization of Finance
CFPB // July 17, 2023

As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice and consumer protection of the European Commission, and Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau (CFPB) announced Monday (July 17) they...

Electric Vehicle Maker Fisker Announces Digital Financing Platform
Loans // July 10, 2022

Fisker, which makes electric vehicles, has debuted a new digital financing platform, a press release said Friday (July 8). Called Fisker Finance, it will offer seamless loan purchase options for customers. Fisker Finance will allow customers to apply for vehicle financing and get “competitive, personalized”...

Credit Unions Use Digital Tools to Keep Members From ‘Moonlighting’ With Rivals
Credit Unions // April 14, 2022

Moonlighting always meant having a second job on the side. In the age of connected economy payments, it’s taking on a new meaning — one that credit unions (CUs) should know about. In a PYMNTS interview, PSCU Chief Growth Officer Brian Scott discussed the challenges CUs...

UK Credit Card FinTech Jaja Finance Wins $157M in Investor Commitments
Investments // April 05, 2022

A consortium of investors has committed to fund up to £120 million ($157 million) in credit card lender Jaja Finance, a press release said Tuesday (April 5). The consortium is being led by KKR and TDR Capital, both private equity companies. The consortium has also...

Interviews & Exclusives
Inside Deutsche Bank’s Pilot to Use Blockchains to Manage Tokenized Assets

June 20, 2024
Digital technology is undoubtedly the spear tip of innovation driving financial services forward. And that spear tip is coming to include blockchain, or distributed ledger, technology. That’s because proponents of blockchain and on-chain solutions believe the tokenization of financial assets could one day reshape the operating models and transform the business functions around areas like […]

Credit Unions Use Digital Tools to Keep Members From ‘Moonlighting’ With Rivals

April 14, 2022
Moonlighting always meant having a second job on the side. In the age of connected economy payments, it’s taking on a new meaning — one that credit unions (CUs) should know...

Quick Reads
CFPB and European Commission Open Dialogue About Digitization of Finance

July 17, 2023
As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice and consumer protection of the European Commission, and Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau (CFPB) announced Monday (July 17) they had begun an “informal dialogue” on a number of issues. […]

Electric Vehicle Maker Fisker Announces Digital Financing Platform

July 10, 2022
Fisker, which makes electric vehicles, has debuted a new digital financing platform, a press release said Friday (July 8). Called Fisker Finance, it will offer seamless loan purchase options for...

UK Credit Card FinTech Jaja Finance Wins $157M in Investor Commitments

April 05, 2022
A consortium of investors has committed to fund up to £120 million ($157 million) in credit card lender Jaja Finance, a press release said Tuesday (April 5). The consortium is...