Markets

India's anti-money laundering agency, Enforcement Directorate, disclosed that Spanish authorities arrested Prozorov Pavel for his illegal involvement in cybercrimes. An Octa staff member explained that Octa is an international broker and emphasized that the company is not involved in, nor...

Coinbase has acquired the crypto investment platform Echo, strengthening its position in enabling community-driven funding for startups and early-stage projects. Coinbase announced that the deal is worth $375 million and that the new company is part of its expansion plans...

Kenya has taken a significant step in the regulation of cryptocurrencies, becoming one of the first countries in Africa to implement comprehensive regulations that govern the use, exchange, and trading of digital assets. The newly enacted crypto regulation, known as...

In the rapidly evolving financial services sector, fraud remains a persistent challenge, with cybercrime on the rise and financial institutions becoming increasingly attractive targets. With new threats emerging daily, incident response has become an essential strategy for financial institutions to...

Deel, a global HR and payroll platform, has raised $300 million in a Series E funding round, bringing its valuation to $17.3 billion. The investment was led by Ribbit Capital, with continued backing from Andreessen Horowitz, Coatue Management, General Catalyst,...

Klarna, the global digital bank, has launched a flexible debit card and digital wallet in the UK, marking its expansion into the UK banking sector. These new products aim to provide consumers with more control over their spending and enhance...

S&P Global has announced its acquisition of private markets data firm With Intelligence for $1.8 billion. This strategic move aims to enhance S&P's capabilities in providing comprehensive data solutions to the financial services industry, particularly in the private markets sector....

Global financial markets experienced turbulence as fears over the credit quality of U.S. regional banks led to a significant sell-off in bank stocks. Investors grew wary following reports of loan losses and potential fraud at institutions like Zions Bancorp and...

The Bank of India is positioning itself as a leader in the country’s rapidly evolving financial landscape by increasingly leveraging fintech partnerships to drive growth and digital transformation. In recent months, the bank has entered into multiple collaborations with fintech...

The fintech sector has witnessed a significant uptick in mergers and acquisitions (M&A) activity in 2025, as established financial institutions and private equity firms seek to expand their market share and access new technologies in the rapidly evolving digital finance...

In a keynote speech at the 2025 D.C. Fintech Week, Federal Reserve Governor Michael Barr discussed the growing role of stablecoins in the U.S. financial system, highlighting both their potential benefits and regulatory challenges. As stablecoins continue to gain traction...

The European Blockchain Convention (EBC) 2025 kicked off in Barcelona on October 16, drawing over 6,000 attendees and more than 300 speakers from across the globe. This year’s convention, now in its 11th edition, has become one of the largest...

Upgrade, a rapidly growing fintech company, has secured $165 million in its latest funding round, bringing its total valuation to an impressive $7.3 billion. This significant investment will enable the company to accelerate its plans for expansion and, according to...

The Federal Reserve recently hosted a groundbreaking conference focused on the future of payments, bringing together policymakers, innovators, and financial industry leaders from across the globe. The event, held on October 16, 2025, in Washington, D.C., provided an important platform...

Artificial Intelligence (AI) is rapidly transforming the way financial institutions evaluate creditworthiness, bringing a new level of accuracy, inclusivity, and efficiency to credit scoring. Traditionally, credit scoring has relied heavily on credit reports and other financial history data, such as...