Markets

A major firm in online trading, Moneta Markets, has revealed its plan to expand its footmark in Southeast Asia. The company has formed a new team in the Malaysia ecosystem. This innovative approach aims to grow and extend market penetration...

The Securities and Exchange Commission (SEC) has filed a lawsuit against 16 financial advisers and broker-dealers including top players like Oppenheimer and Guggenheim. These companies Bear the repercussions of refusing to maintain electronic communications, leading to combined civil penalties of...

The Cyprus Securities and Exchange Commission (CySEC) has withdrawn CIF license from Leverate Financial Services. According to CySEC, the company’s voluntary renunciation of the license prompted the watchdog to take action in line with the Regulated Markets Law. Following Leverate’s withdrawal,...

PNC bank has a significant investment of $1 billion as it plans to develop about 100 new branches in the next five years. It also aims to renovate over 1,200 already established locations, according to the latest report. The financial...

Rasa, a top generative conversational AI platform, has announced the conclusion of its latest Series C round of funding. It raised a significant amount of $30 million from the funding round co-led by PayPal Ventures. The investment made by PayPal...

Bank of Ireland has selected Niamh De Niese to fill the newly created position as the Chief Digital and Architecture Officer. This freshly established role focuses on the next phase of the Group’s digital approach for both colleagues and users....

Carbon, a digital bank in Nigeria, has purchased Vella Finance for the introduction of an AI-driven platform for SMEs. But the financial terms remain hidden. Carbon was introduced in 2016. It focuses on granting Nigerians access to credit as BNPL...

The US has implemented sanctions against several individuals and companies involved in smuggling technology to the Central Bank of Iran (CBI). The Central Bank of Iran is designated by the United States for its involvement in providing financial assistance to...

The United States-based no-commission retail trading firm, Webull, has increased the number of brokers incorporated with the renowned charting platform. The company made this move Just less than a month after integrating the analytical tools of TradingView into its platform...

Rasa, a top AI platform, has announced the conclusion of its latest Series C round of funding, raising $30 million. This funding round was co-led by PayPal and StepStone Group. The investment made by PayPal is its first for a...

Bank of Ireland has announced the appointment of De Niese to fill the new position of Chief Digital and Architecture Officer. This spot aims for the next stage of the company’s digital strategy for colleagues and customers. De Niese will...

The US has enforced sanctions on many businesses and individuals for illegally bringing in technology to the Central Bank of Iran (CBI). The CBI has been identified by the United States for the part it plays in delivering financial backing...

ANZ Bank’s software engineers have reported a significant increase in code quality and productivity while utilizing the GitHub Copilot AI tool. About 100 engineers at ANZ Bank last year agreed to test the tool for six weeks, preparation in two...

Citizens of the United States of America lost more than $10 billion to imposters in 2023. The Federal Trade Commission revealed that almost half of the scammers used investment schemes as a means of fraud. This is according to the...

Visa has announced a strategic partnership with Conferma Pay. This alliance seeks to allow financial institutions to incorporate business cards into workers’ digital wallets. Visa stated that digital cards that are connectable to third-party wallets like Google Pay and Apple...