Markets

Induslnd Bank has confirmed a partnership deal with the Wise platform. Wise is a global fintech company that has specialized in instant cross-border payments to provide online inward remittance services. These services are available to Non-Resident Indians (NRIs) that have...

EBA Clearing has issued an announcement at its shareholders' meeting that happened in Madrid. The announcement said that the agency would start the analytical pilot program for the pan-European Fraud Pattern and Anomaly Detection (FPAD) functionality in July 2023. EBA...

Mizuho Financial Group and Fujitsu have unveiled joint verification trials through the generative AI technology supported by Fujitsu. This partnership will streamline the development and maintenance operations of the system supported by Mizuho. Mizuho and Fujitsu for generative AI technology...

SVB Financial Group has announced a plan to sell its investment banking division known as SVB Securities. SVB Securities will be sold to a group that is led by Jeff Leerink, with the funds backing the group being managed by...

Rio Tinto has said that it is working to recover around 30 wagons of a self-driving iron ore train. The train in question derailed in Western Australia in an accident. According to analysts, this accident had the potential to disrupt...

The CEO of Binance, Changpeng Zhao, has announced that Binance has issued a cease and desist order against Binance Nigeria Limited. According to Zhao, Binance Nigeria Limited was a scam entity. Binance issues a cease and desist order to Binance...

Mastercard, one of the largest payment companies globally, has unveiled a global project that will support the recycling of credit and debit cards. The launch is part of a plan by Mastercard to save the billions of cards that are...

The Chief Executive Officer of Tesla, Elon Musk, has said that India’s Prime Minister, Narendra Modi, wants the car maker to make a “significant investment” in India. Musk has also confirmed that such an investment is anticipated to happen soon....

Devexperts, a platform that develops and provides financial software solutions, has launched DXtrade XT Mobile. DXtrade XT Mobile is a comprehensive mobile application for the DXtrade platform. The move is set to boost the accessibility of trade while also making...

ACY Securities, a forex and contracts for difference (CFD) brokerage company based in Sydney has unveiled a strategic partnership deal with Currencycloud. The partnership will make it possible for the clients at ACY Securities to deposit funds seamlessly using local...

The world’s largest asset manager, BlackRock, has filed for a Bitcoin exchange-traded fund (ETF). This ETF will allow investors to have exposure to Bitcoin, as the asset comes under intense scrutiny by regulators. BlackRock files for a Bitcoin ETF The...

FxPro has launched a new office location in Dubai. The office will help the broker to expand its presence across the United Arab Emirates and the entire region. The newly-launched services will target retail and institutional clients in the region....

FXCubic, a technology provider for brokerage companies, has announced that it has ended its integration with Match-Trader. Match-Trader is a trading platform supporting multiple financial assets, and it was created by Match-Trade Technologies. FXCubic completes integration with Match-Trader The integration...

Financial technology companies have witnessed a significant downturn and a market slowdown. Freetrade is among the affected companies, with its valuation dropping by 65%. The company has revised its valuation to £225 million as it anticipates a crowdfunding campaign. Freetrade...

Majority, a mobile banking company providing financial services to US migrants, has closed its fourth funding round in two years. The company has also expanded its presence in Texas with a community meetup space. Majority closes a $9.75M raise The...