Featured Articles
Freetrade Takes Over Stake’s UK branch, Preparing To Compete With Robinhood
Freetrade, a British investing platform, has decided to buy the UK client base of Australian company Stake. This shows that competition in digital investing in Britain is getting stronger. With this deal, the British company will gain control of Stake’s...
LMAX Group Strengthens FX Offerings With FX HedgePool Purchase
LMAX Group has announced that it has purchased FX HedgePool, an institutional swap matching service, marking its entry into the FX swaps market. The acquisition aims to expand LMAX's offerings in the foreign exchange sector, although the financial terms of...
BMLL Secures $21 Million Funding Led By Optiver
BMLL, a provider of historical financial market data and analytics, has announced that it has raised $21 million in its latest funding round, which was led by global market maker Optiver. This funding comes nearly two years after the company...
Meta teams up with UK banks to create a data-sharing program and undermine scammers
Facebook’s parent company, the tech giant Meta, recently said that it will expand its information-sharing partnership with UK banks to help reduce the risk of scams. Meta’s Anti-Fraud Program Brings Back Excellent Results Scams have skyrocketed in the UK, as...
SWIFT plans to trial live transactions of tokenized assets and cryptocurrencies in 2025
SWIFT, a global bank messaging network that was used for processing transactions for decades, recently revealed plans to trial live transactions of digital currencies and tokenized assets. SWIFT Crypto Trials To Start In 2025 According to SWIFT, the trials are...
Euroclear partners with Digital Asset and World Gold Council to tokenize gilts, gold, and Eurobonds
Post trade body Euroclear entered into a partnership with several other entities, including Digital Asset and World Gold Council a few months ago to pilot a program aiming to tokenize gilts, gold, and Eurobonds. The collaborative initiative involved a total...
US SEC files an appeal against a federal judge’s decision regarding the Ripple case
The US Securities and Exchange Commission (SEC) decided to formally appeal the US federal judge’s decision regarding the Ripple case this Wednesday, October 2. While the judge ordered Ripple to pay a $125 million fine, the SEC does not seem...
Irish fintech investments dropped by 90% in the first half of 2024
A new report published by Finch Capital shows a drastic decrease of Irish fintech spending in the first half of 2024. The report explains that the most likely reason for the decline is cautious investor sentiment that dominated the year....
WazirX requests court protection as cybersecurity losses surge to $2.1 billion in 2024
The cybersecurity landscape has seen some major hits throughout this year, leading to massive financial losses to various forms of attacks. By the end of the third quarter, the losses had climbed up to $2.11 billion, far surpassing the amount...
CFD Provider Blueberry Reshapes Its Identity In Strategic Move
The blueberry market has been given another identity by removing the “market” in its title making it just Blueberry. Several FX brokers over the years have reshaped their market to relate closely with what their services uphold. The company says...
Australia Moves Forward With Plans To Overcome Tech Workforce Shortage
The Tech Council of Australia (TCA) has started a new program to help with the struggle for tech workers. The Partners Forum will help different industries use technology while also noting the growing use of technology in banking. The TCA...
A New Legislation Will Give Ireland’s Cybersecurity Agency More Monitoring Authority
Ireland’s National Cyber Security Centre (NCSC) will be given more surveillance powers on cyber security, according to a recent report. These powers will enable the NCSC to monitor all internet traffic within the country in response to a pressing national...
NCSC Set To Gain Emergency Surveillance Powers For National Security
Ireland’s National Cyber Security Centre (NCSC) will be given more surveillance powers on cyber security, according to a recent report. These powers will enable the NCSC to monitor all internet traffic within the country in response to a pressing national...
Trinidad And Tobago Set To Adopt UPI With New Payment Initiative
NPCI International Payments Limited (NIPL) has officially signed an agreement with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to introduce a real-time payment platform. This initiative aims to position Trinidad and Tobago as one of the first...
French Neobank Qonto Expands To Four Countries And Pursues Acquisitions
French bank Qonto is preparing to open new branches in Austria, the Netherlands, Portugal, and Belgium, as part of its plan to grow in Europe. Qonto was launched in 2016 and helps small businesses and freelancers with online banking and...