Markets

Pig butchering has been revealed as one of the major customer scams currently. This report was shown in Visa’s Biannual Threats Report, its Spring 2024 Edition. The announcement shows that about 10% of surveyed adults have been targeted. Fraudsters who...

The UK is approaching a significant change in payment methods, with digital wallets set to make up half of all e-commerce spending and almost a third of POS transactions by 2027. Since Digital wallets were first introduced in the late...

Greggs, a bakery chain located in the UK was forced to temporarily shut down many stores as a result of payment processing challenges. These difficulties were also experienced by other UK retailers during the weekend. Stores in Glasgow, Cardiff, Manchester,...

FX and CFD broker Pepperstone is collaborating with tennis legend John McEnroe. The move has spurred excitement among traders and tennis fans alike. The partnership also provided that McEnroe will be joining the present ambassador in the company, Australian star...

The US Securities and Exchange Commission (SEC) has charged two investment advisory companies $400,000, according to the latest announcement. Global Predictions Inc. and Toronto-based Delphia (USA) Inc. were fined for fake and deceptive claims about utilizing artificial intelligence in their...

Webull Canada, an online investment platform, has launched a cash management system. This tool enables users to receive discount rates of 3 percent on the US dollar and 4 percent on the Canadian dollar for unallocated cash. As per the...

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...