Markets

Adyen, a leading global financial technology firm catering to businesses, has unveiled a strategic alliance with Adobe Commerce. The partnership seeks to transform both offline and online payment solutions for enterprise-level merchants on Adobe Commerce. Amidst to offer flexible payment...

Currencycloud, a global payments provider, and Paysend, a UK-based cash transfer application have revealed the extension of their collaboration. This partnership seeks to boost Paysend's offerings worldwide, providing customers with a wide range of solutions for cross-border currency exchange and...

Alchemy Pay, a provider of Web3 payment solutions, has announced its significant funding of LaPay Limited, a fintech company in the United Kingdom. This investment aims to initiate the global expansion of organizations operating in different industries. The UK Fintech...

Doo Financial HK Limited, a subsidiary of Doo Group, recently received a Type 1 license from the Hong Kong regulator, the HK Securities and Futures Commission (HK SFC). The Type 1 License now allows the company to deal in securities....

Sweden is seeing a continued drop in cash usage throughout the country, moving ever closer to being a cashless society. However, there are those who believe that this is not a good thing, and that legislation is needed to ensure...

This Thursday, March 14, SAP SE unveiled a new solution created to help retailers by providing them with greater flexibility regarding payments. The solution, known as the SAP Commerce Cloud Open Payment Framework, allows retailers to navigate the rapidly evolving...

Recently, members of the crypto community monitoring the market activities noticed a new wallet accumulating substantial amounts of Bitcoin. Since these observations were made, some have suggested that the responsible party might be the sovereign wealth fund of Qatar, with...

UniCredit, the second biggest bank in Italy, has been charged €2.8 million (£2.3 million) by the nation’s data protection authority for a data breach incident in 2018. In 2018, there was a cyber-attack on the mobile banking platform of the...

Nationwide Building Society has announced its plan to purchase Virgin Money for a significant amount of nearly £3 billion (£2.9bn). This move signifies the biggest banking deal in the UK since the financial crisis in 2008. The two major lenders...

Google and OpenAI alongside many other technology firms have signed an open letter, promising to develop AI. The letter was spearheaded by Ron Conway, a philanthropist and venture capitalist, and his firm SV Angel. Conway stated on X that this...

Federal Reserve Chairman, Jerome Powell, has recently revealed to the Congress that the launch of the United States Central Bank Digital Currency (CBDC) is still far. He communicated with the Senate Banking Committee, claiming that the Federal Reserve shows no...

The Hong Kong Monetary Authority (HKMA), the central bank of Hong Kong, recently issued an invitation to interested parties to join its CBDC pilot program. The bank is about to kick off Phase 2 for its central bank digital currency,...

Lloyds, one of the leading UK banks, recently announced a partnership with ApTap. The goal of the team-up is to help its customers with household bill management. Lloyds and ApTap team up ApTap is a fintech startup graduate of Lloyd’s...

JPMorgan Chase recently revealed plans for a broad roll-out of biometric payments with US retailers. According to the bank, the plan is to push the feature out by early 2025, and allow shoppers to make purchases simply by scanning their...

Webull has added commodities and futures trading features to its platform. This action is meant to offer Clients of the online retail trading platform the chance to expand their investment array and partake in more advanced trading strategies. The  President...