Markets

DeFinity Markets has announced a partnership with crypto operations platform, Utila, to improve the access of institutional clients to digital assets markets. The collaboration will provide foreign exchange (FX) and secure fiat on/off ramping solutions. Chief Executive Officer of DeFinity...

Madrid-based company Embat, which provides treasury management solutions, has acquired Necto, a United States company that connects banks through technology. The company said the deal will help finance teams in medium and large businesses by improving banking connections through Necto’s...

PayPal Holdings Inc. and Verifone announced a new plan to help businesses accept payments in more ways. This plan will integrate Verifone’s in-store payment tools into PayPal’s online payment system, Braintree. The goal is to give businesses a smooth and...

According to recent update, Bybit has taken action after a major security breach led to losses of about $1.5 billion. The crypto exchange has introduced LazarusBounty.com, a platform designed to track hackers, recover stolen funds, and increase security in the...

The United Kingdom government is considering closing the Payment Systems Regulator (PSR). The PSR is responsible for keeping payment services fair and secure. If the regulator is shut down, its duties may move to the Financial Conduct Authority (FCA). The...

Charlie Javice, the Founder of student aid company Frank, is now on trial over claims that she tricked JPMorgan Chase into buying her company for $175 million. Prosecutors said Charlie lied about how many students used Frank, giving false numbers...

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...

Nexi Germany, a branch of the paytech Nexi Group, has signed an agreement with the European Payments Initiative (EPI) to integrate Wero, a European mobile payment system. Nexi has received the licence to connect merchants and service providers to accept...

TradeLocker has announced the integration of the Takeprofit Liquidity Hub into its trading platform. The company said this enhances forex brokers' access to additional liquidity sources and expands trade execution options. According to TradeLocker, brokers using TradeLocker’s platform can now...

NinjaTrader, a provider of futures trading technology, has announced the limited beta release of NinjaTrader Arena, a simulated trading challenge series. The company also introduced a redesigned mobile application for iOS and Android devices. The goal is to encourage more...

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...

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...

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...

The US Justice Department has accepted a guilty plea from crypto exchange OKX for providing services to US-based clients without operating with a money transmitter license. The Crypto exchange has agreed to pay $504 million as a fine for the...

Barely a month after acquiring OANDA, Czech-based prop trading giant FTMO is expanding its prop trading business. The company has introduced a new prop trading community brand and a loyalty program, signaling the independence of the prop trading unit within...