Markets

Retail giant Walmart recently expanded its partnership with Affirm Holdings. The new deal will bring Affirm’s buy now, pay later (BNPL) loans to self-checkout kiosks to more than 4,500 Walmart stores across the US. Affirm shared the news of the...

Eastern Bank (EBL) in Bangladesh recently unveiled the upcoming rollout of a new product for its premium customers — the world’s first biometric metal card. The bank expects that the card will be ready for launch in 2024. It will...

The US commodities regulator, the Commodity Futures Trading Commission (CFTC), recently announced that Judge Carlos E. Mendoza of the US District Court for the Middle District of Florida had ruled against Highrise Advantage, LLC, and its founder, Avinash Singh. According...

The government of the United Kingdom recently revealed that it had received no less than 19 applications from various members of the financial industry who wish to participate in tests of its Digital Securities Sandbox (DSS). DLT is not supported...

Revolut, the fintech giant headquartered in the UK, is expected to see $1.9 billion in revenue in 2023. The figure will be nearly twice as high as the revenue recorded in 2022, which was at around $1 billion. Revolut’s 2023...

Walmart recently revealed that it made a deal with Affirm that will allow it to offer buy now, pay later options at self-checkout kiosks. More than 4,500 stores across the US will receive these benefits on their kiosks soon. Walmart’s...

The UK’s financial watchdog, the Financial Conduct Authority (FCA), recently decided that it will not take action against Odey Asset Management (OAM) regarding allegations of sexual misconduct. OAM investigation concluded, but the Odey probe remains active OAM is the fund...

SIX Swiss Exchange, a firm that has spent more than two decades in the ETF industry, recently launched ETF QOD Europe. The firm said that the new product will provide a more comprehensive trading experience. According to reports, the new...

A BaaS startup known as Fiat Republic recently concluded a seed funding extension round after raising a total of $7 million. The company, whose goal is to simplify the process of connecting crypto platforms with bank transfer networks, now intends...

The International Organization of Securities Commissions (IOSCO), the international securities regulator, recently issued nine policy recommendations specifically designed to address issues tied to the DeFi sector. The recommendations primarily target the integrity of the market, as well as investor protection...

Bunq, a Dutch fintech and neobank, recently rolled out its own generative AI chatbot. According to the company, the new GenAI platform was launched in order to provide current and future customers with answers to any questions related to money...

Nth Exception, a fintech firm based in the UK, recently announced the launch of Nucleus — its machine learning (ML) data fabric meant to ease the adoption of ISO 20022 for financial institutions. How can Nucleus help? Nucleus is led...

Elon Musk’s X, the social media platform formerly known as Twitter, has received approval to provide payments services from 13 US states so far. However, the platform is pursuing licenses from other states, as well, and is likely to receive...

In a recent report, the Information Commissioner’s Office (ICO) found that the Bank of Ireland UK shared flawed customer data with various credit reference agencies and other entities. The inaccurate information may have affected 3,284 customers, causing irreparable damage. https://twitter.com/ICOnews/status/1735615893189579031...

The UK’s Financial Conduct Authority recently concluded its second debanking review of NatWest, one of the major banks operating in the country. According to the review, there are signs that NatWest has potentially violated the FCA regulation. The second review...