Markets

easyMarkets was awarded the Best Forex platform at the 2023 TradingView Broker Awards, adding its 51st esteemed honor to its collection of awards. The firm announced this good news while also celebrating its 23rd year in the industry. easyMarkets Aims...

Major stock exchange-listed FX broker, XTB, has revealed its plan to enter a more competitive market. It aims to provide Individual Savings accounts to users in the UK. This pronouncement was made by the company’s Chief Executive Officer, during a...

Exness had released its metrics for January 2024. The company handled $3.87 trillion in trading volume, indicating an upsurge of 7% from the prior month.  It witnessed an increase in demand last month after two successive months of slowdown. The...

BaFin, the German financial supervisory authority, has initiated an investigation into the illegal actions of an individual operating using the website fx-flat.com. With this website, the individual falsely offers financial services and banking transactions without proper permission from the regulated...

Checkout.com, one of the largest payment processors worldwide, recently made headlines when they announced an unexpected loss of £100.5 Million at their UK entity. Financial industry observers were left stunned and speculation ensued as to what factors caused such dramatic...

RockWallet recently made headlines when they announced they would acquire Wyre's customer base following its closure as a cryptocurrency payment platform in June 2023. RockWallet's strategic decision demonstrates their dedication and focus towards expanding and strengthening their market position and...

Citigroup recently took steps to enhance its wealth management services with an initiative designed to track frequency of calls from private bankers. According to reports in The Financial Times, Citi is committed to driving customer engagement and expanding growth within...

Vella Financial was acquired by Carbon in a deal that promises to revolutionise Nigerian financial landscape. Carbon's goal for the acquisition is to develop an AI platform specifically adapted towards small and medium sized enterprises (SME). Although details on their...

iDenfy, a regulator technology company in Lithuania, has announced a strategic alliance with RaiseFX, an online CFD broker. The purpose of this partnership is to streamline identification verification processes and reinforce security protocols. This development assures users a user-friendly and...

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....