Markets

JPMorgan Chase Bank (Chase) has announced new steps to protect customers from scams on Zelle. From March 23, the bank will block or delay Zelle payments if they seem to come from social media contacts. Chase said these changes will...

Capital on Tap, a top company that gives credit cards to businesses, has secured £750 million in new funding. This will help it grow and offer better support to small businesses in the UK and the US. The company said...

Crunchbase has revealed a new version of its platform that focuses on predicting the future instead of looking at past data. The company said it is now using artificial intelligence (AI) to help investors, business founders, and other professionals understand...

XTB, the Warsaw-listed financial technology company, said it received a securities agent license from Chile's Financial Market Commission. The company noted that this step is part of its plan to grow in Latin America. This approval will help XTB expand...

The Cyber and Emerging Technologies Unit (CETU), announced by the Securities and Exchange Commission (SEC), has replaced the regulator’s Crypto Assets and Cyber Unit. It will consist of around 30 fraud specialists and attorneys from various SEC offices, a decrease...

Erik Tim Müller, the Chief Executive Officer of Eurex Clearing AG, said to the Supervisory Board that he would not take another three-year term after this year. According to him, he would assist Deutsche Börse during the change, adding that...

Figure Markets has introduced YLDS, the first U.S.-regulated yield-bearing stablecoin, allowing users to earn interest on their holdings. This development represents a significant milestone in the evolving regulatory landscape for stablecoins, signaling a potential shift in how these digital assets...

Varo, a United States digital bank, said it has received $29 million in new funds. This is part of a plan to gather $55 million in total. Since its launch, Varo has received over $1 billion in funding to help...

Polish prosecutors have started an investigation into the Financial Supervision Authority (KNF) after a complaint from financial company Cinkciarz.pl, also known as Conotoxia Holding. The company lost its payment license, and this investigation marks a serious step in its dispute...

The UK's Financial Conduct Authority (FCA) said it will delete staff emails after they have stayed for a year. The regulator noted that this change will help it follow data protection rules. According to the update, the new rule will...

The Czech Republic has introduced a new law that makes it easier for cryptocurrency businesses to follow tax rules. The law helps the country follow the European Union’s Markets in Crypto-Assets (MiCA) regulations. President Petr Pavel signed the law to...

Axi, a global online trading company, has announced that one of its traders, Francisco Quesada Godines, has reached a big milestone. He secured $1 million in funding through the company’s Axi Select capital program. The program is designed to help...

GCEX, a company that provides digital asset and foreign exchange services, has introduced a new tool called XplorAllocate. The company said this tool helps investors and fund managers handle trade allocations automatically. According to report, XplorAllocate lets users place trades...

Global fintech investment dropped to $95.6 billion across 4,639 deals last year, reaching its lowest level since 2017, according to KPMG’s latest Pulse of Fintech report. KPMG said investors faced tough economic times and problems in different parts of the...

IBM and Alinma Bank announced that the Saudi Arabian financial institution has adopted IBM’s hybrid cloud and artificial intelligence technologies. This step aims to improve Alinma Bank’s IT systems and introduce a new Application Programming Interface (API) platform, supporting Saudi...