Markets

Ireland’s central bank recently presented a new multi-year payments strategy. The new strategy emerged at a time when many in the financial industry grew concerned about the banks, believing that they were failing to grasp the opportunities that instant payments...

Bitcoin’s price finally returned to the levels it saw back in November 2021, during the height of the previous rally, when the coin reached the price of $69k. This time, the coin surged to record highs against both the EUR...

American Express recently started sending warnings to its customers, notifying them that their account information may have been compromised in a recent hacking attack. The attack did not target American Express itself, but a third-party service provider that the company...

A US court recently made a decision that could have significant consequences for the crypto industry when it ruled that trading cryptos on platforms like Coinbase constitutes securities transactions. https://twitter.com/JohnReedStark/status/1764703851511181483 Crypto trading constitutes securities transactions, says US court The judgment...

Treasury Prime, an embedded banking platform, recently decided to make a strategic pivot to sell directly to banks. As part of the move, the platform fired half of its workforce. This means that around 40 to 50 employees will be...

PensionBee, an online pension provider located in the UK, recently decided to expand into the massive $22.5 trillion Defined Contribution pension market of the United States. The company entered an exclusive, non-binding term sheet with a large global financial institution...

Lark Funding, a prop trading company based in Canada, recently announced that it will open its doors to US traders once again. The decision came after the company hit a brief pause in new US registrations. During this time, existing...

Indian authorities have fined Paytm’s banking business, issuing a 55 million rupee (~$663k) penalty on money laundering charges. The fine came from India’s Financial Intelligence Unit (FIU), which said that it reviewed the Paytm Payments Bank’s business, only to find...

Swissquote is planning to close this year with a pre-tax revenue of CHF 300 million and an annual income of CHF 595 million. The guidance arrived as the firm’s revenue for last year rose 30.2% to CHF 531.4 million. The...

According to a recent update shared on social media platform X, The Funded Trader unveiled plans for a notable shift towards the cTrader platform. The information disclosed, displayed details and instructions for the migration process impacted around 4,700 people. The...

The UK’s Financial Conduct Authority (FCA) recently granted an Electronic Money Institution (EMI) license to yet another company — Volt. The approval will allow the digital payments provider to improve and expand its cash management offerings. Furthermore, it will allow...

Morgan Stanley is allegedly considering adding spot Bitcoin ETFs to its brokerage platform, following the US Securities and Exchange Commission’s (SEC) decision to approve the products earlier this year, in January. While the company has not announced anything official as...

Bitcoin halving is approaching, with countdowns showing that it is scheduled to take place on April 21. Meanwhile, Bybit has reported that it is seeing massive trading volumes that are now quite close to hitting the exchange’s ATH. Bybit’s trading...

Duco, a company known for delivering a new, transformative approach to data management and control, recently introduced a new transaction reporting eligibility validator. The new validator was designed to help financial services companies make sure that their reporting will meet...

Interactive Brokers, a global firm for investors from all over the world, recently decided to revamp desktop trading with a new app called IBKR Desktop. The application will work on both Windows and Mac devices, allowing users to combine the...