Klarna is to offload its UK loans book to hedge fund Elliot Advisors in an effort to free up £30 billion to fund its growth plans.

The partnership will see Zopa embed in the John Lewis Money website its personal loan product, giving customers a personalised loan quote within three minutes and cash in pocket within two hours. ...

The Bank for International Settlements (BIS) is launching Project Aperta to explore how to reduce frictions and costs in global finance by enabling seamless cross-border data portability.

Prop trading has become so popular lately that many new startups have started exploring this unique niche and the ways to enable even inexperienced investors to build successful brands. Prop ...

Due to their legacy infrastructures, most financial systems around the world are either partially or fully closed, even while digital interconnectivity is becoming ubiquitous. This prevents them ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. RLUSD will launch on the XRP Ledger and Ethereum ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Confirmation of Payee provides bank customers with an ...

Solaris earlier this month signalled the start of a major tramnsformation programme which would see the sunsetting of its EMI and embedded finance business Solaris SE. The EMI unit comprised ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Current estimates suggest tokenization presents a ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Rerail is the pet project of formmer Anthemis, Speedinvest ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The GM credit card portfolio, which launched in 1992, has ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Aspire offers businesses a unified suite of financial services ...