Markets

French bank Qonto is preparing to open new branches in Austria, the Netherlands, Portugal, and Belgium, as part of its plan to grow in Europe. Qonto was launched in 2016 and helps small businesses and freelancers with online banking and...

Visa has announced the acquisition of Featurespace, a firm specializing in artificial intelligence (AI) solutions aimed at enhancing payment protection. This acquisition is intended to improve Visa’s fraud detection capabilities and strengthen its ability to address security threats, particularly in...

Stripe has opened a new main branch in Toronto. The company said Toronto is the fourth biggest place for tech workers in North America, and it wants to take advantage of the wide market in the region. Stripe helps Canadian...

Trive Africa has announced the launch of contracts for difference (CFD) trading services for clients in the Middle East and North Africa (MENA) region. This new offering is made possible through Trive International, a regulated entity in the British Virgin...

The U.S. government has accused two people of operating a money laundering scheme worth billions of dollars, as stated by the Department of Justice (DOJ). The agency announced that law enforcement worked with international partners to break up a worldwide...

The creators of Wild Forest have revealed a major update to the Lord Staking System. They noted that the new updates will gradually take effect in the coming weeks to reward players who are involved in staking. According to the...

American zero-commission broker Robinhood is contemplating the launch of stablecoins, following a similar move by Revolut. A spokesperson for Robinhood stated that the company has “no imminent plans to launch this offering,” but did not completely dismiss the report. Robinhood...

Bank of America (BoA) has unveiled a new solution to support parents in helping their children start their financial journey. The bank’s SafeBalance Banking® for Family Banking offers parents tools and resources to teach their children healthy money habits in...

First Abu Dhabi Bank (FAB) has completed a pilot project involving programmable payments using JPM Coin, according to a press release issued by the bank. The pilot was conducted in collaboration with Onyx, a blockchain-based platform developed by J.P. Morgan....

Chime Financial is reportedly planning to select Morgan Stanley to lead its initial public offering (IPO), which is set for 2025. Chime has yet to officially confirm these reports, as the company declined to comment when reached. Similarly, Morgan Stanley...

Robinhood is now thinking about introducing stablecoins, according to a report. However, a spokesperson for Robinhood noted that the company has no immediate plans to roll out this offering, but it did not deny the report. Robinhood started as a...

The US government has charged two Russian nationals for allegedly running a money laundering scheme worth billions of dollars. This operation has been disrupted by law enforcement agencies, who seized websites linked to illegal cryptocurrency exchange activities. According to the...

eToro, a popular trading and investing platform, has revealed its plans to buy the Australian app Spaceship. The deal is worth up to AUD 80 million ($55 million). It shows that eToro wants to grow in the savings market and...

NordFX says it now offers automated withdrawals. This means clients can access their money quickly without delays. This new feature is an upgrade for the company as it keeps working to offer better services to traders everywhere. The new system...

FxPro UK, a retail broker based in London, has reported its financial results for the year ending December 2023. The report, published by Companies House UK, indicates that the company has returned to profitability, aided by a significant increase in...