Markets

UK banking giant Barclays has recently opened an innovation hub, headquartered in London, and is working with a variety of partners. The two major companies that have joined the bank in launching the new venture are Microsoft and Nvidia. The...

Four industry trade associations in the US have recently demanded major reforms to how federal financial regulators handle sensitive data. The move comes after a significant data breach that targeted the Office of the Comptroller of the Currency (OCC), as...

Starling Bank recently rolled out a new tool for its customers called Spending Intelligence. This is a Large Language Model (LLM) tool that offers clients the use of Generative AI, which allows users to track their spending. Users will be...

According to reports, the Bank of England has collaborated with the London Centre of the BIS Innovation Hub to explore the use of artificial intelligence (AI). Their aim is to detect new and unusual patterns of financial crime in real-time...

AIB has agreed to sell its remaining stake in AIB Merchant Services (AIBMS) to Fiserv, its longtime partner. The deal is expected to close later this year, once it receives regulatory approval. Customers will not need to take any action,...

Keeta Network has joined forces with Solo to build a new kind of credit bureau that works directly on the blockchain. Keeta is a fast blockchain designed to connect Web3 technology with traditional finance. Both firms said the goal is...

Hong Kong’s market regulator is asking brokers to join a free SMS system to stop scam text messages. Investors have been tricked by messages that look like they came from real brokers. These messages lead to fake websites where login...

The Winklevoss twins are making another attempt to enter Wall Street, this time through an initial public offering (IPO). Their cryptocurrency exchange, Gemini, has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC), following in...

Investimental, a Romanian brokerage approved to operate on the Bucharest Stock Exchange (BVB), has broadened its platform to include stocks from across the European Union. Thanks to its ongoing work with trading technology firm Devexperts, Investimental’s clients can now trade...

OatFi has raised $24 million in new Funding to build out its credit network for B2B payments. The Series A round was led by White Star Capital, with support from existing investors Portage and QED. The company aims to enhance...

The team behind ABN Amro's popular Tikkie payments app has launched a full-service neobank explicitly tailored for young people. This new bank, Buut, was designed entirely with the way young people experience the world in mind, according to ABN Amro....

Ioan Mih has joined DB Investing as the Chief Business Officer. Before this move, he served as the Chief Executive Officer at ProperFX, a brokerage company that focuses on trading in forex, commodities, and cryptocurrencies. His tenure at ProperFX lasted...

The derivatives division of the cryptocurrency exchange Crypto.com has started a federal lawsuit against Nevada's gaming regulators. They accuse the state of illegally stopping the company from offering sports-related financial binary event contracts to residents. North American Derivatives Exchange Inc.,...

valantic FSA has named Dr. Holger Wohlenberg as its new chief executive. He took over the role on June 1, following the departure of Joachim Lauterbach, who led the company for ten years. The firm said Wohlenberg brings deep experience...

B2PRIME has hired Stuart Brock as its new Institutional Business Development Manager. He brings more than 15 years of experience in finance and trading, most recently leading institutional sales at oneZero. He’s worked with top firms and helped build systems...