Markets

Robinhood has rolled out its brokerage services in the UK following two unsuccessful attempts. However, the challenges for the broker remained as it ceased margin trading options from its UK services hours after the debut. A representative for Robinhood cited...

Tiger Brokers, an online brokerage focused on the APAC, has unveiled a novel partnership with Australian media fintech Grafa. This collaboration will roll out AI-driven data, analysis, and news into its Brokers' brokerage app. Through new this partnership between Australian...

ZagTrader, a financial technology provider based in the UAE has announced that it has incorporated the Muinmos' Regulatory technology solution into its system. This collaborative effort means a lot in their objective to offer innovative solutions to clients all over...

Shift4 Payments has faulted the bidding price of potential buyers, with its Chief Executive Officer, Jared Isaacman, claiming that the bids are undervalued. He expressed disappointment with the bids so far, even after receiving interest from several potential buyers. Shift4 Payments Is...

Zilch, a British buy now, pay later (BNPL) service, Zilch, has hinted that it could launch an initial public offering (IPO) for its platform next year. However, the company has not chosen a platform to run the IPO. Zilch is still in...

Railsr, a company under the parent firm Embedded Finance, has formally announced a merger offer of the two businesses with UK-based Equals Group. According to the announcement, this strategic move with Equals Group, the London-listed payments company, aims to integrate...

The Society for Worldwide Interbank Financial Telecommunication (Swift) has been chosen by Payments Plus (AP+) located in Australia to establish a Payer identity confirmation service. The purpose of this service is to decrease the risk of misdirected payments and fortify...

Genesis Global Capital, a bankrupt cryptocurrency lender, has agreed to pay a fine of $21 million to the U.S. Securities and Exchange Commission (SEC). The fine will be used to settle the SEC charges concerning the Gemini Earn lending program....

BlackRock(BLK), an asset management giant, launched its tokenized asset fund, the BlackRock USD Institutional Digital Liquidity Fund, on the Ethereum network. it is symbolized by the blockchain-based BUIDL token. It is fully supported by repurchase agreements, U.S Treasury bills, and...

BuildMyCreditScore, an Open banking-driven company located in the UK, reported that its users have experienced an average 52-point surge in their credit scores in the first three months. Introduced in October last year, the company offers a Mastercard debit card...

Dr. Ruth Wandhöfer, Chair of the Ubiquitech Group, has shown a report revealing practical recommendations for improving the United Kingdom’s digital economy. The report highlights the importance of delivering access to sustainable infrastructure, building trust, and securing data freeways for...

Individuals across Ethiopia have successfully withdrawn huge amounts of cash from their bank accounts following a system glitch. Over £31million was taken out mostly by students from the Commercial Bank of Ethiopia (CBE). As soon as the students discovered that...

Jared Isaacman, the Chief Executive Officer at Shift4 Payments, is said to be distinctly unimpressed by the valuations offered by potential acquirers. According to an internal memo obtained by Bloomberg, Isaacman mentioned that the company has received numerous offers from...

The Universal Digital Payments Network (UDPN) has rolled out a cryptocurrency sandbox for both central and commercial banks. Unveiled at Davos in 2023, the UDPN is aiming for interoperability for cryptocurrencies, including CBDCs and stablecoins. After collaborating with more than...

The Financial Industry Regulatory Authority has issued a fine of $850,000 to M1 Finance LLC for posts made on social media. These posts which were made by influencers backed by the firm are reported to be unfair and contain unwarranted...