Metro Bank Chief Financial Officer Hopkinson Has Resigned
James Hopkinson, the Chief Financial Officer of Metro Bank, has resigned from his position as an executive director with immediate effect. He worked at the company for less than two years. In a recent statement, the bank stated that Cristina...
Commerzbank Teams Up With Global Payments To create digital payment solutions
Atlanta-based Global Payments Inc. (NYSE: GPN), the top global provider of payment technology and software solutions, has collaborated with Commerzbank (FRA: CBK), a notable German-based bank. Commerzbank specializes in serving small and medium-sized enterprises in Germany with a remarkable presence...
TrueLayer Becomes The First Company To Join The SEPA Payment Account Access Scheme
TrueLayer, an Open Banking payments network based in the UK, has become the first SEPA Payment Account Access Scheme participant. SPAA, established in 2021, aims to redefine the landscape of A2A payments in Europe. The Chief Executive Officer of TrueLayer,...
Morgan Stanley Agrees $249 Million Settlement For Fraud Charges By The SEC
The U.S. Securities and Exchange Commission (SEC) has slammed a $259 million fine on Morgan Stanley for the company's failure to adhere to strict guidelines on its block trading practices. According to the SEC, Morgan Stanley failed to enforce information...
Do Kwon’s Legal Counsel Seeks Delay In January SEC’s Trial
Terra's former Chief Executive Officer, Do Kwon, has requested that his securities fraud trial be delayed to enable him to stand trial in person. Kwon was caught in Podgorica's airport by security agencies and has been held in Montenegro, where...
25% Of UK BNPL Users Incure Late Payment Fees, the report reveals
A survey by the Centre for Financial Capability, an education charity, discloses that almost a quarter of individuals who have used the Buy now pay later (BNPL) services are charged late payment fees. Despite these late payment charges, more people...
Deriv will add Solana as a payment option thanks to a new partnership expansion with BVNK
Deriv, one of the world’s largest online brokers that offers CFDs and other derivatives, recently revealed a new partnership expansion with BVNK. The expansion will allow the company to add Solana as its newest supported payment method. Deriv makes a...
US SEC charges Future Fintech’s CEO with fraud
The US Securities and Exchange Commission (SEC) recently charged Shanchun Huang, the CEO of Future Fintech, with fraud. According to the regulator, Haung failed to disclose his ownership and transactions of Future Fintech stock before becoming the company’s CEO. Future...
Broadridge Financial Solutions unveils OpsGPT — AI solution for enhancing post-trade operation efficiency
Broadridge Financial Solutions, a public corporate services and financial technology firm, recently revealed its new AI solution based on the power of Generative AI (GenAI). Known as OpsGPT, the solution was designed to enhance the firm’s efficiency in tackling post-trade...
US SEC makes another push toward getting Ripple to disclose institutional sales proceeds
The US Securities and Exchange Commission (SEC) recently intensified its legal pursuit against Ripple Labs in a recent filing on January 11. Despite Ripple’s partial victory in a years-long court case that was concluded in 2023, the SEC is not...
Robinhood CEO promises to bring spot Bitcoin ETFs to the investment app
Robinhood, the US-based financial services company headquartered in California, announced recently that it intends to start offering the newly-approved Bitcoin spot ETFs as soon as possible. The company’s CEO, Vlad Tenev, made the announcement soon after the US Securities and...
Emirates Islamic Bank announces zero-fee stocks trading in Q1 2024
In a new announcement, Emirates Islamic Bank notified customers of the Digital Wealth platform that they will be able to trade in stocks with zero commissions from January 1 until March 31 of this year. The most innovative UAE bank...
Nubank customers can now use WhatsApp to receive money from the US
Nubank recently announced that its customers from Mexico will now be able to use WhatsApp to receive money from the United States. This was made possible thanks to a new partnership between the bank and Felix Pago. How can WhatsApp...
US SEC approves 11 Bitcoin spot ETFs, but while some celebrate — others have condemned the move
The US Securities and Exchange Commission (SEC) has finally approved 11 Bitcoin spot ETFs in a landmark judgment. In doing so, the US securities regulator paved the way for mass adoption of digital assets. US SEC finally approves Bitcoin ETFs...
TradeStation Securities to integrate CQG’s trading tools and enable multi-asset trading
TradeStation Securities, an online securities and futures brokerage, recently entered into a strategic partnership with a technology solutions provider known as CQG. The partnership will allow TradeStation to integrate CQG’s trading tools and enable multi-asset trading on its platform. How...