Markets

25 February 2025

P1 Investment Services Taps Firenze For Strategic Partnership

P1 Investment Services has entered into a strategic partnership with Firenze to provide digital Lombard loans through the P1 platform. The partnership will enable clients to apply for loans, backed by their ISA account and other third-party product accounts on...

25 February 2025

SEC Closes Investigation Into Robinhood Crypto

Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the company’s crypto business. The company said the SEC will not take action. This comes after nearly a year of questions about whether Robinhood...

25 February 2025

Nasdaq Awaits SEC’s Approval To Launch HBAR ETF

Nasdaq has intensified efforts to stamp its feet in the cryptocurrency exchange-traded funds (ETFs) market. The exchange is seeking to list Canary HBAR ETF after filling an application with the US Securities and Exchange Commission (SEC). The proposed ETF will...

25 February 2025

AI To Replace Traditional Roles At DBS Bank

DBS Bank has revealed plans to reduce its workforce by 10% over the next three years. The company said about 4,000 jobs will be affected as it moves towards using artificial intelligence (AI) in its operations. It noted that contract...

24 February 2025

Nexi to Connect First German Merchants To Wero Wallet

Nexi is set to connect the first merchants in Germany to the Wero wallet from the European Payments Initiative. The move will happen soon after the bank-backed digital wallet becomes available for online shopping. As a Wero acquirer, Nexi will...

24 February 2025

The AA Offers New Savings And Loan Services With NatWest

The AA has announced a new service that will allow its members to access savings accounts and personal loans. It said this is possible through a partnership with NatWest Boxed, a digital banking platform. The new financial services will be...

24 February 2025

E8 Markets Faces Extended Outage After DDoS Attack

Prop firm E8 Markets recently experienced a Distributed Denial-of-Service (DDoS) attack that left traders unable to access their accounts for nearly two days. Although the website and trading platform were eventually restored, some users continued to report difficulties logging in...

23 February 2025

Klarna Payment Plans Arrive At Euronics UK Stores

Klarna is bringing its flexible payment options to Euronics stores across the UK. The company said shoppers will soon be able to use Klarna's "Pay in 3" service in over 600 locations. This means customers can split their payments into...

23 February 2025

SEC Decides To End Lawsuit Against Coinbase

Coinbase has announced that the U.S. Securities and Exchange Commission (SEC) plans to drop its case against the company. The case was about Coinbase running its crypto business without proper approval. Two years ago, the SEC first took action against...