Revolut’s Threat Intelligence Lead shared the biggest risks that challenger bank faces
The problems that the financial industry is facing have always been on the minds of all executives of every financial firm. However, with the recent collapse of FTX, seemingly out of the blue, the interest in risks and threats that...
US inflation data comes in hotter than expected, pushing the dollar up against the euro
Investors from across the country were waiting for the US producer inflation data for November 2022 to come out in order to try and get some hints about the future behavior of the US dollar, the Fed, and the US...
Porsche to join Germany’s DAX index thanks to its robust business model
Despite the fact that it has been less than three months since its stock market debut, the leading luxury carmaker, Porsche, is about to join Germany’s prestigious DAX index. The index contains the country’s 40 leading firms, and Porsche will...
WWF officials explain the organization’s stand on global sustainable finance
The World Wildlife Fund (WWF) grew to become one of the greatest authorities on matters of sustainability and balance. Recently, its officials took the time to explain their views on the matter in an interview, focusing primarily on global sustainable...
France struggles to avoid electricity cuts as winter tests energy resolve
France is not planning to have any electricity cuts. However, the country is currently facing an influx in energy demand as the winter tests the resolve of Europe to save energy and avert the effects caused by the ongoing Russia-Ukraine...
Penguin Random House CEO to resign as merger is halted
The Chief Executive of Penguin Random House, Markus Dohle, will resign by the year's end. His resignation comes after a US judge blocked the company's planned $2.2 billion merger. Penguin Random House CEO resigns Penguin Random House is the world's...
Wall Street’s main indexes slipped as the Fed shows no sign of ending high interest rates
Following the US Federal Reserve’s strategy of boosting interest rates, inflation was seemingly tamed, at least to an extent. However, investors across the country continue to worry that the Fed might not be able to give up on this strategy...
Eurotrader to use MahiMarkets’ cross-asset trading technology and services
Eurotrader, a leading multi-asset brokerage company, recently entered into a new partnership with MahiMarkets, formerly MahiFX. The goal of the partnership is for Eurotrader to use MahiMarket’s cross-asset trading technology in order to improve pricing and risk management. Eurotrader selected...
BGC Brokers and two GFI subsidiaries get a £4.8 million fine
According to a recent report, the Financial Conduct Authority (FCA), the UK’s financial watchdog, has fined several brokerages, including BGC Brokers LP, as well as two subsidiaries of GFI Gropu — GFI Brokers Ltd. and GFI Securities Ltd. The fine...
Broadridge Financial Solutions partners with IntraFi to expand its securities lending
Global fintech leader, Broadridge Financial Solutions, announced a new partnership with a privately held firm and US banking network, IntraFi. The company announced the team-up yesterday, December 8th, stating that the partnership came due to an increase in demand for...
Robinhood reports flat AUC following the recent surge in crypto trading
With the end of the year approaching, companies are publishing reports involving different aspects of their operations, often with interesting results. Robinhood, a major US trading and investing app, which offers access to stocks, cryptocurrencies, and various other assets, recently...
Coinbase CEO expects the revenue for 2022 to drop by more than 50%
After more than a year of the bear market in the crypto industry, a number of companies have filed for bankruptcy. Popular crypto exchange FTX is one of the biggest examples of this, which went bankrupt on November 11th of...
Card issuer Marqeta integrates with Mastercard’s instant pay solution
According to its Wednesday announcement, a card issuing platform provider, Marqeta, has just integrated with Mastercard’s Track Instant Pay Virtual Card Solution. According to the company, Mastercard’s product will allow it to offer instant payments of supplier invoices, thus improving...
The UK’s FCA struggles to stop rogue financial campaigns
Great Britain’s FCA (Financial Conduct Authority), recently presented a new set of rules for companies in the country regarding the approvals of financial promotions. According to the financial watchdog, the number of rogue financial campaigns has seen a severe increase,...
Binance aims to expand liquidity offoneZero ecosystemering through integration with oneZero
Binance, the world’s leading cryptocurrency exchange, recently posted an announcement on its website explaining that Binance VIP & Institutional had decided to join the oneZero EcoSystem. The platform will use the partnership to provide its liquidity services and further extend...