Markets

The Italian payment company Satispay announced it has raised an extra €60 million, bringing its total raised funds to over half a billion euros. Satispay, which reached a value of over $1 billion in 2022, shared that its main investors...

China’s tech giant Tencent recently joined up with Visa in a partnership that aims to bring palm recognition technology and enable digital payments. While the ultimate plan is to roll out palm payments internationally, the partners plan to start with...

Jerome Powell, the Chairman of the US Federal Reserve, recently stated that he has no plans to step down from his position if asked when Donald Trump returns to office. Powell Intends To Stay Until The End of His Term...

Dean Skurka, the CEO and president of WonderFi, a Toronto-based crypto firm, was kidnapped last week and held for ransom. According to sources close to the police investigation, the kidnappers demanded to be paid C$1 million in order to let...

The Hong Kong Monetary Authority (HKMA) recently issued a HK$4 million (~$514.4k) fine against Fubon Bank after accusing it of violating the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). Fubon Bank Violated AMLO For Over Three Years The penalty came...

The UK government was recently urged by GoHenry to make financial education compulsory from primary school onwards, during an event in the House of Commons last week. GoHenry Introduces New Financial Education Plan The request came from GoHenry — a...

Fubon Bank has been fined HK$4 million by the Hong Kong Monetary Authority (HKMA) for not following important rules on stopping money laundering and terrorist financing. The penalty is for breaking the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), a...

Dean Skurka, the head of Canada’s biggest crypto company, WonderFi, has been found safe after being kidnapped in Toronto on Wednesday. He was taken during rush hour in downtown Toronto by a group of criminals, according to reports. Skurka was...

Jerome Powell, the head of the US central bank, talked about rumors that his job could be in trouble as Donald Trump gets ready to return to power. According to reports, Powell said he would not leave if Trump asked...

The UK government has been asked to ensure financial education is a requirement in primary schools. GoHenry, a company that teaches young people about money, asked for this during an event at the House of Commons this week. Louise Hill,...

The UK government has been asked to ensure financial education is a requirement in primary schools. GoHenry, a company that teaches young people about money, asked for this during an event at the House of Commons this week. Louise Hill,...

According to a recent report, LendingMetrics, a credit risk technology group, received a big investment from LDC, a private equity investor linked to Lloyds Banking Group. The funding will help LendingMetrics grow its reach in the UK’s expanding software and...

APM Capital Markets has announced its financial report for the fiscal year ended 2023. The report was also accompanied by a report about the firm’s strategic plans for the future. According to the firm, it recorded a decline in revenue...

Blockchain startup accelerator, Cronos Labs has strengthened its collaboration with Google Cloud. According to the platform, Google Cloud will be the main cloud provider for Cronos and its ecosystem. Additionally, the collaboration will be based on four major pillars: Value...

According to experts, unregulated trading platforms may continue to exist as long as some traders are willing to trade away consumer protections for the benefits of high leverage and lower fees. The challenge, they noted, is for regulated platforms with...