Category: Markets

New DTCC statement highlights plans to comply with the SEC’s new Treasury rules

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Depository Trust and Clearing Corporation (DTCC) recently published a statement regarding the US SEC’s new Treasury regulations. According to the company, it has every intention to achieve full compliance with the amended… Continue reading New DTCC statement highlights plans to comply with the SEC’s new Treasury rules

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Abu Dhabi Commercial Bank introduces the Mastercard Carbon Calculator

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Abu Dhabi Commercial Bank (ADCB) recently announced its partnership with Mastercard, one of the two leading credit card providers. As a result of the partnership, the bank will be able to introduce the… Continue reading Abu Dhabi Commercial Bank introduces the Mastercard Carbon Calculator

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Canada reached a deal with Visa and Mastercard to lower interchange fees for small businesses

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Canada recently managed to negotiate a deal with Visa and Mastercard that will be quite beneficial for the country’s smaller businesses. According to the terms, small businesses will get to enjoy lower credit… Continue reading Canada reached a deal with Visa and Mastercard to lower interchange fees for small businesses

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Microsoft is considering taking its AI business to China while the EU is working on regulations

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Brad Smith, the president of Microsoft, recently entered talks with Wang Wentao, China’s Minister of Commerce, regarding potential AI opportunities. The move comes amid the European Parliament’s efforts to create regulations that would… Continue reading Microsoft is considering taking its AI business to China while the EU is working on regulations

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FCA cracked down on unregistered firms with over 1,700 warnings in 12 months

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 Financial Conduct Authority (FCA) recently released its consumer investment data review for a period between April 2022 and March 2023. The report shows that the financial watchdog had to issue as… Continue reading FCA cracked down on unregistered firms with over 1,700 warnings in 12 months

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Tether announces a new wallet-freezing policy to align its services with US sanctions

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tether, the company behind the world’s largest stablecoin, USDT, recently announced a new voluntary wallet-freezing policy. The policy comes as part of the company’s efforts to align its service with the United States’… Continue reading Tether announces a new wallet-freezing policy to align its services with US sanctions

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Motive Partners acquires a controlling stake in Australian-listed BNPL — Splitit Payments

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Motive Partners, a private equity firm based in New York, recently acquired a controlling stake in Splitit Payments — an Australian-listed Buy Now, Pay Later (BNPL) company. An important partnership for Splitit Payments… Continue reading Motive Partners acquires a controlling stake in Australian-listed BNPL — Splitit Payments

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XTB becomes the third-largest broker in the Polish market after reaching 200,000 clients

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Last month, in November 2023, the publicly listed fintech firm XTB officially reached and then surpassed the 200,000 clients milestone. In doing so, the company became the third-largest brokerage on the Polish stock… Continue reading XTB becomes the third-largest broker in the Polish market after reaching 200,000 clients

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UK fintech SumUP raises €285 million in a recent funding round

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SumUp, a London-based fintech, recently concluded a very successful funding round that ended up raising a total of €285 million. The company intends to use the funds to expand its global footprint, as… Continue reading UK fintech SumUP raises €285 million in a recent funding round

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Canadian Fintech KOHO Secures an $86M Extension Raise For Its Series D Round

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Koho Financial, a leading fintech company based in Canada, has announced securing an additional $86 million in a Series D extension at a valuation of $800 million. This funding round comes amid a… Continue reading Canadian Fintech KOHO Secures an $86M Extension Raise For Its Series D Round

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