Markets

Binance has revealed that it has obtained a complete virtual-asset services provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). This achievement comes nearly a year after the company advanced to the third phase of Dubai's four-phase regulatory process....

Becoming popular in the prop trading industry brings big risks. The company behind the TradeLocker trading platform, which has become popular in the prop trading area recently, Funding Pips, found this out the hard way. According to details from TradeLocker,...

The European Central Bank has ordered Italy's UniCredit to reduce its business with Russia, according to two people who know about the discussions. This is because the regulator wants to stop European financial connections with Moscow, as the fines for...

Wagestream, a financial well-being application, has secured £17.5 million in a financing round with participation from the British business bank unit, Patient Capital. According to the company, the fund will be used for expansion of its operations. Patient Capital injected...

Manchester Digital has recently released its new Manifesto for the Northern Tech Economy, before the upcoming Greater Manchester Mayor Vote. The team wants the new Mayor of Big Manchester to grab the chance to turbocharge the northern tech economy by...

Westpac and HSBC Australia have become the inaugural banks to join a new Mastercard application allowing digital commercial cards to be integrated into digital wallets. Mastercard stated that its mobile virtual card application will boost business and travel expenditures for...

UK-based fintech company is injecting $100 million into Mexico as it seeks to benefit from the profitable Latin American remittance market. This comes as an investor injected more funds into the financial services giant. Schroders Capital Global Innovation Trust has...

Project Nemo, an industrial plan to help fintech companies better serve disabled people in the UK, has been launched. The plan will last for 12 months, to make sure that fintech companies include disabled people in their operations. It will...

A recent survey suggests that fintech companies could do more to focus on women as customers in emerging markets. The report from IFC states that by utilizing enterprise strategies that show the number of boys and girls that use their...

The Bank of England has faced significant criticism from an ex-chairman of the United States Federal Reserve for depending on old-fashioned technology for its economic predictions. Ben Bernanke, the former Chief of the Federal Reserve from 2006 to 2014, was...

Standard Chartered's venture division has financed Algbra, a UK-based fintech company that specializes in ethical finance and Sharia compliance. The terms remained undisclosed. As part of the deal, Algbra will collaborate with Shoal, SC Ventures’ sustainable investment platform. Algbra was...

FP Markets is giving its customers more investment options. Investors and traders at FP Markets can now capitalize on fresh opportunities in the commodities market and make their money safer by having different items in their portfolios. In addition to...

One of the major UK banks, NatWest, recently tapped StoneX to improve its cross-border payments capabilities. In addition, with StoneX at its side, NatWest will be able to provide seamless FX services to its international clients. StoneX’s payments division, StoneX...

Canada has been waiting for the launch of the new Real-Time Rail (RTR) payments system for a while now, but it appears that the arrival of the new solution is now facing another delay. While new tech partners — CGI...

A recent report published by the UK bank Barclays revealed that the financial world saw an increase of 29% in investment scams conducted last year. The scams have hit the bank's current account customers quite hard, and they represent the...