The UK’s Labour Party unveils goals that will make the UK a leader in fintech

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK’s Labour Party recently revealed a highly ambitious plan to make the country one of the global fintech leaders. According to a series of goals that it has shared, the Labour Party… Continue reading The UK’s Labour Party unveils goals that will make the UK a leader in fintech

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PayPal is set to cut 2,500 jobs as competition grows and share price drops

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The online payments giant PayPal is getting ready to cut as many as 2,500 jobs, according to recent reports. The figure represents 9% of the company’s entire workforce. The decision comes as part… Continue reading PayPal is set to cut 2,500 jobs as competition grows and share price drops

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Transak teams up with Visa to allow users to convert crypto into fiat

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A Web3 payments infrastructure provider, Transak, recently announced its new partnership with Visa, one of the world’s largest card and payment providers. The two have teamed up in order for Transak to allow… Continue reading Transak teams up with Visa to allow users to convert crypto into fiat

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Binance allows traders to use third parties for custody over crypto assets

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Binance, the world’s largest crypto exchange by trading volume, recently stated that some of its largest traders may use third parties for custody over their crypto assets. These mostly include independent banks, but… Continue reading Binance allows traders to use third parties for custody over crypto assets

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XTB’s new financial report reveals a YoY revenue surge and a doubled number of active users

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. XTB, one of the largest stock exchange-listed FX brokers in the world, recently released preliminary financial results for 2023. The firm highlighted a 10% surge in revenue on an annual basis, alongside a… Continue reading XTB’s new financial report reveals a YoY revenue surge and a doubled number of active users

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European securities authority proposes strict rules for crypto firms based outside of the EU

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Securities and Markets Authority (ESMA) recently presented a proposal that could have a heavy impact on how crypto companies based outside of the EU member nations might operate within its borders… Continue reading European securities authority proposes strict rules for crypto firms based outside of the EU

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Spanish regulator expanded the list of financial websites that have been operating illegally

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Spanish financial regulator, the Comision Nacional del Mercado de Valores (CNMV), recently published a statement in which it warned the public of even more websites that have been illegally offering financial services to… Continue reading Spanish regulator expanded the list of financial websites that have been operating illegally

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CFTC issues a warning against AI hype in fear of scammers targeting the public

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Commodity Futures Trading Commission (CFTC), the US regulator overseeing commodities, recently issued a warning to the public against the hype that currently surrounds the AI sector. According to the regulator, the public… Continue reading CFTC issues a warning against AI hype in fear of scammers targeting the public

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Bilt Rewards Is Set To Expand Its Loyalty Platform After Raising $200 Million

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US loyalty platform Bilt Rewards has announced $200 million in Funding, which has taken the firm’s value to an impressive $3.1 billion. According to the announcement, General Catalysts led the funding round. Other… Continue reading Bilt Rewards Is Set To Expand Its Loyalty Platform After Raising $200 Million

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