Featured Articles
US SEC Enters Legal Dispute With Lejilex
Lejilex, a new cryptocurrency company, is facing off against the United States Securities and Exchange Commission (SEC) in court. They have both filed papers in a Texas federal court, requesting a speedy ruling on how cryptocurrencies should be categorized. According...
Tauro Markets Expands Leadership With Carla Nemr As Commercial Chief
Tauro Markets, a newly introduced forex and contracts for differences (CFDs) broker, has announced that it has appointed Carla Nemr as its Chief Commercial Officer. Nemr was a member of Tickmill, but she left the company a few months ago....
Hong Kong seeks to approve more crypto exchanges, with 11 platforms currently under review
The Hong Kong financial regulator, the Securities and Futures Commission (SFC) recently announced that it plans to approve more cryptocurrency exchanges that will become operational in Hong Kong, likely by the end of the year. The announcement came directly from...
Devexperts announces that its AI-powered virtual assistant Devexa is now integrated with Discord
A popular instant messaging platform Discord recently got a financial boost, according to a recent announcement from a software developer firm for the capital markets industry, Devexperts. According to the company, its AI-powered virtual assistant Devexa just got integrated with...
New research unveils cybersecurity as the most significant driver of fintech development globally
A new study conducted by UnaFinancial unveiled recently that cybersecurity might be the most crucial factor behind fintech development. The research shows that the correlation between fintech growth and cybersecurity tends to grow stronger as income levels increase. According to...
Fintech Australia supports SPN — The government’s scam-prevention plan
Fintech Australia, the industry group for the local startup sector in the country, recently reviewed and decided to support the government’s proposals to implement scam-prevention measures for financial services companies. Fintech Australia Approves Of The Government’s Anti-Scam Plan As governments,...
Despite reporting higher revenue, LMAX UK records net loss in 2023
LMAX UK, the UK-registered and licensed subsidiary of LMAX Group, released its financial report for 2023, alongside other Group’s subsidiaries. While their combined revenue saw growth in 2023 compared to 2022, the subsidiaries failed to achieve net profit due to...
Binance Receives VASP License From Argentina’s CNV
Binance, the world’s biggest cryptocurrency exchange in terms of trading volume, has recently signed up as a Virtual Asset Service Provider (VASP) with Argentina’s National Securities Commission (CNV). This is a big step for the company, making it the 20th...
Dynamic Works Unveils Integrated Feature For Brokeree Prop Pulse
Dynamic Works Syntellicore has announced the launch of a new integrated feature for Brokeree Prop Pulse, a system designed for account management in prop trading firms. This new feature aims to improve the process for brokers' clients in selecting prop...
FCA Issues Warning Against IC Markets Global For Unauthorized Services
The Financial Conduct Authority (FCA) has issued a warning regarding IC Markets Global for offering financial services in the UK without regulatory approval. According to the FCA’s statement released recently, the company may be promoting and providing financial services in...
XTB Introduces Retirement Accounts And Multi-Currency Card For Investors
XTB, a Polish fintech company, is bringing out two fresh products as part of its plan for 2024, according to reports. The company is launching a virtual wallet with a card for many currencies and Individual Retirement Accounts (IKE) for...
Interactive Brokers Reports Significant Financial Success In September
Interactive Brokers Group has announced an impressive trading result for September, showing a major increase in client activity and financial success. The company’s monthly report revealed notable growth in Daily Average Revenue Trades (DARTs) and client equity, highlighting strong demand...
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...
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...