Markets

Commerzbank has released a project leveraging artificial intelligence (AI). The bank will use an AI Banking Avatar to create a mobile-first approach. This avatar will offer virtual assistance services by interacting with customers in a natural language. The virtual assistant...

Zipmex Thailand, one of the leading crypto exchanges in the country, recently suspended all new deposits and trading on the platform. According to the company, it needs to adhere to the regulations of the country’s securities regulator, the Securities and...

GTN, a leading global fintech shaping investments and trading for all investors, has partnered with Hugosave. The latter is the leading wealthcare companion in Europe. This partnership seeks to enable Hugosave to provide fractionalized investment portfolios. The partnership between GTN...

Australian banks have committed to more efforts to address scams using technology. These institutions will set systems to ensure customers do not transfer money to fraudulent accounts. These banks had initially resisted plans by the Australian Competition and Consumer Commission...

Bittrex Global is halting operations, according to an announcement on November 20. The cryptocurrency exchange has said that operations on this platform will cease on December 4 Customers are urged to withdraw funds from the platform by December 4, with...

The ApeX Protocol, a decentralized and non-custodial derivatives protocol by Davion Labs, has posted significant growth and development across the decentralized finance (DeFi) sector. ApeX is currently celebrating its first anniversary, having announced multiple rewards and a glimpse into the...

Binance has appointed Richard Teng to take over as the new CEO after the resignation of Changpeng “CZ” Zhao. Teng’s appointment comes as the exchange finalizes a settlement deal with the US government. Teng’s promotion is also part of a...

The US securities regulator, the Securities and Exchange Commission (SEC) continued its crypto exchange crackdown with a lawsuit against another major platform, Kraken. The regulator accused the platform of operating as an unregistered securities exchange, dealer, broker, and clearing agency....

According to a recent study conducted by FintechOS, as much as 73% of executives from the financial services sector believe that they will eventually be replaced by generative AI. Is AI a friend or foe? The study, titled “Generative Artificial...

2023 is turning out to be the year of presales with up to 5 pre-ICO projects taking the internet by storm. Meme Kombat is emerging as the biggest success story with its explosive presale. The project made headlines globally after...

A G20 policy document prepared by the World Bank said that without technologies like Mobile phones, Aadhaar, and Jan Dhan Banks accounts, India could have taken 47 years to ensure that 80% of its population is granted access to financial...

Caroline Pham, a commissioner at the Commodity Future Trading Commission (CFTC), has proposed launching a limited pilot program for regulating digital assets in the US. This program will commence with a stakeholder roundtable and involve adopting rules and addressing retail...

A branch of Red Cross in Denmark, one of the world’s largest humanitarian networks with 16 million volunteers across 192 countries, has revealed a strategic partnership with Inpay, a major FinTech enterprise in Denmark and the United Kingdom. This FinTech...

The Financial Conduct Authority (FCA) has hinted that it plans to extend its crypto marketing rules deadline until January 8 next year. The regulator noted that it considered the initial deadline of October 4 too soon for the companies. It...

HSBC is working on a project called Quantum Computing to enhance its finance section. It plans to use the power of the technology in areas like natural language processing, fraud detection, and cyber security. In collaboration with Quantinuum, the company...