Markets

BNY, a United States-based investment bank and global custodian, reached an agreement with OpenAI, the company behind ChatGPT, to help develop its own platform called Eliza. A Wall Street Journal report stated that the agreement would allow BNY, previously known...

CME Group plans to introduce Solana (SOL) futures as demand for crypto investment tools grows. According to the update, these contracts will launch on March 17 if regulators approve them. The group said the goal is to help investors trade...

Nayax Ltd., a company that helps businesses with payments and customer loyalty, has bought UPPay. UPPay is a digital payment and telemetry provider for self-service coffee machines in Brazil. The company said this deal would help it grow in Brazil...

Belvo, a top Open Finance provider in Latin America, has revealed the launch of Biometric Pix. The company said this new payment feature would improve security, speed, and ease for users and businesses in Brazil. Biometric Pix, created by the...

NCR Voyix Corporation has announced a new agreement with Worldpay, a global leader in payments technology. The deal will allow NCR Voyix to offer a cloud-based software and payment system for retailers and restaurants. This partnership brings together the strengths...

Ukraine's central bank reported that Revolut does not have a license to operate in the country. This came despite the London-based financial technology company's recent announcement that residents can now open accounts. Revolut released a statement saying that Ukrainian residents...

Cloud-based digital banking vendor Alkami has agreed to purchase account opening technology provider Mantl in a $400 million deal. Mantl, founded in 2016, provides digital account opening solutions to community banks and credit unions. Mantl helps Alkami gain retail, business,...

Lantern Finance has announced the completion of a $1 million seed funding round to accelerate the growth of its next-generation crypto-backed lensing solutions. The company noted that the focus is in the US as it continues to serve US-based crypto...

The Consumer Financial Protection Bureau (CFPB) has dropped its lawsuit against Capital One. The case, filed in 2017, claimed the bank kept customers from earning over $2 billion in interest. The agency said Capital One held rates low on an...

Behavox has acquired Mosaic Smart Data, a company that helps financial firms find useful information in their transaction records. The details of the agreement were not shared. Mosaic Smart Data’s software helps firms in Fixed Income, Currencies, and Commodities markets...

Online and mobile banking issues caused problems for customers of major UK banks on Friday. Many said they could not check their accounts or send money. The problem happened on a busy banking day, bringing stress and delays for thousands....

Betterment, the largest independent digital investment advisor in the United States, said it has taken over the automated investing business of Ellevest. Ellevest, a company built to help women grow their wealth, will now focus on financial planning and wealth...

ATFX has hired Paresh Patel as the Global Head of Risk and Trading. Patel worked at FXCM for more than fifteen years as the Global Head of Trading. He has a lot of experience in trading and risk management. ATFX...

Revolut has now reached an impressive $60 billion valuation. This feat has led to an increase in the demand for the sale of secondary shares from investors. As new investors try to find a way into the booming fintechs, some...

The Australian financial market watchdog is shutting down fraudulent investment websites at a rate of 130 per week. The Australian Securities and Investments Commission (ASIC) reported that it had removed 10,240 scam websites. Among the blocked websites, there were 7,227...