Markets

At the Smarter Faster Payments conference in New Orleans, industry experts discussed the growing momentum behind real-time payments. They highlighted the transformative potential of these payments across various sectors. However, despite the rise of digital payment methods, speakers acknowledged the...

Kraken, a top cryptocurrency exchange known for its strong security and deep market liquidity has launched Kraken Embed. This new service help financial institutions offer crypto trading to their customers quickly and easily. The company said Kraken Embed is designed...

The Cyprus Securities and Exchange Commission (CySEC) recently slapped Lee Ron More with a €50,000 fine. More, who acts as the Executive Director, President, and Shareholder of Itrade Global (Cy) Ltd, was also banned from having any management roles for...

Germany’s financial watchdog, the Federal Financial Supervisory Authority (BaFin) recently made its first enforcement move under the EU’s crypto regulatory framework, the Markets in Crypto-Assets Regulation (MiCA). The regulator ordered Ethena GmbH, a Frankfurt-based stablecoin issuer, to immediately shut down...

The UK securities watchdog, the Financial Conduct Authority (FCA), recently proposed changes that, if implemented, might reduce data reporting requirements for nearly 16,000 companies. The regulator’s plan is to remove three specific data collections from its handbook. These changes are...

Ethereum Layer-2 project ZKsync experienced a major security breach yesterday, April 15, which led to unauthorized minting of 111 million ZK tokens. The total value stolen was around $5 million, and the investigation into the incident traced the exploit to...

MetaTrader 5 (MT5) finally officially surpassed the older MetaTrader 4 (MT4) in terms of trading volume, making it the second-best for the first time in 15 years.  This is a major milestone and achievement for MT5, which accounted for 54.2%...

Swift just launched a new case management service intended to be used for investigating payment defaults. According to its explanation, the tool could be used to save banks millions of dollars in operational costs and reduce the time needed to...

Bolt, a one-click checkout technology company, has just rolled out a new product — a so-called SuperApp, which combines one-click crypto with everyday payments. The new app has the potential to allow the company to compete with industry giants, such...

OKX, one of the largest crypto exchanges in the world, just launched operations in the US earlier today, April 16. The move marks a massive milestone in OKX’s global expansion strategy, since it will introduce a centralized crypto trading platfom...

The UK’s Starling Bank has started its expansion to North America by opening a US subsidiary that will allow it to sell its tech infrastructure platform Engine to the local mid-tier banks, credit unions, and community banks. Registered in Delaware,...

The New York Attorney General recently sued DailyPay and MoneyLion, accusing the two wage access providers of charging fees to the workers that amount to interest rates of up to 750%. Letitia James, the Attorney General, stated that the companies...

Buy now, pay later (BNPL) giant Klarna recently made a move that is expected to allow the company to boost its in-store presence in the United States and bring its BNPL payment capabilities to over 100,000 merchant locations. The firm...

The US Bank rolled out a spend management platform aimed at businesses and business owners. The platform was designed to help companies monitor, track, and control their card-based spending, which could help them understand their spending better, and save more...

The UK-based RegTech platform NorthRow recently appointed a boutique investment advisory company by the name of Lazarus Consulting. It requested that Lazarus explore potential options for the firm, including growth investment or even a full sale of the business. NorthRow...