Markets

Behavox has acquired Mosaic Smart Data, a company that helps financial firms find useful information in their transaction records. The details of the agreement were not shared. Mosaic Smart Data’s software helps firms in Fixed Income, Currencies, and Commodities markets...

Online and mobile banking issues caused problems for customers of major UK banks on Friday. Many said they could not check their accounts or send money. The problem happened on a busy banking day, bringing stress and delays for thousands....

Betterment, the largest independent digital investment advisor in the United States, said it has taken over the automated investing business of Ellevest. Ellevest, a company built to help women grow their wealth, will now focus on financial planning and wealth...

ATFX has hired Paresh Patel as the Global Head of Risk and Trading. Patel worked at FXCM for more than fifteen years as the Global Head of Trading. He has a lot of experience in trading and risk management. ATFX...

Revolut has now reached an impressive $60 billion valuation. This feat has led to an increase in the demand for the sale of secondary shares from investors. As new investors try to find a way into the booming fintechs, some...

The Australian financial market watchdog is shutting down fraudulent investment websites at a rate of 130 per week. The Australian Securities and Investments Commission (ASIC) reported that it had removed 10,240 scam websites. Among the blocked websites, there were 7,227...

Stripe said it has offered a new deal for workers and investors, as the company reaches $91.5 billion valuation. This amount is close to its highest value of $95 billion in 2021. The offer will help workers and investors turn...

Marqeta and TransactPay said they have signed an agreement where Marqeta will buy TransactPay. This deal will help Marqeta grow its card program services in the United Kingdom and Europe. The companies said this move will give businesses better payment...

Head of Brand and Product Marketing at IG Group, Leigh-Anne Acquisto, has announced his departure from the company after spending over three years with the firm. She has had several roles in the firm, enabling her team to expand the...

Financial technology company Gold-I has announced its integration with a non-bank gold liquidity Edgewater Markets to connect its MatrixNET liquidity management platform into Edgewater Markets’ trading infrastructure. The companies say the integration will ensure that clients of Gold-i can access...

Cinkciarz.pl, a subsidiary of Conotoxia Holding, is reportedly asking customers to complete payments for currency exchange transactions. However, the company is unable to process these transactions due to prosecutor-ordered account freezes. The currency exchange platform, which has operated for years,...

Investment in financial technology companies in the United Kingdom fell to its lowest level in four years, according to a report from KPMG. High prices, global troubles, and low interest rates affected funding. Many investors did not invest much, creating...

Nvidia has shared its latest earnings, showing a record amount of money earned—$39.3 billion. This is 12% more than the last quarter and 78% higher than a year ago. The company's earnings per share (EPS) also went up. GAAP EPS...

The Cyprus Securities and Exchange Commission revealed that it had released a guide to help firms improve their sanctions screening systems. The guide includes findings from an assessment on how well firms in Cyprus were using these systems. The Commission...

PU Prime has received the Best Multi-Asset Broker – MEA award at a ceremony held at the Dubai World Trade Centre. The award was given at the end of the first day of iFX EXPO Dubai, a well-known event in...