Markets

Stitch, a company from South Africa, said it bought Exipay, a business that helps with payments. This move will help Stitch grow and offer more ways for businesses to handle their payments. Stitch has also changed Exipay’s name to “Stitch...

Derivative Path and Wells Fargo have collaborated to help smaller banks offer foreign exchange (FX) payment services. Their solution fits smoothly into the digital tools that banks already use. It provides real-time FX rates for over 120 currency pairs and...

The technology branch of Caixabank plans to add 500 developers in the first three months, going past 1,600 workers. The hiring includes a big boost in Seville, where the bank will begin growing its technology hub focused on building software...

The Australian Securities and Investments Commission (ASIC) has created new rules for Buy Now, Pay Later (BNPL) services. These new rules aim to protect customers and help BNPL services follow the same laws as credit services. The new law took...

The Spanish Securities Market Commission (CNMV) shared that it plans to introduce extra rules for CFDs (contracts for difference) on July 20, 2023. The European Securities and Markets Authority (ESMA) supported these new rules, saying they are fair and needed....

Ripple announced that it has received two new Money Transmitter Licenses (MTLs) in the U.S, one from New York and the other from Texas. The licenses in these two states were important, as Ripple explained that it noticed strong interest...

Top Spanish football club Atlético de Madrid and popular online trading platform Hantec Markets have collaborated to see the trading platform become the club’s official sponsor in LatAm. According to the update, the sponsorship deal is coming at a time...

Pay by Bank is set to launch in Germany following partnership of three major payment service providers. These include prepaid payments platform Recharge, global fintech Ayden, and Open Banking solution provider Tink. The launch, according to the parties involved, will...

Leading online trading broker Hantec Markets and celebrated Spanish football club Atlético de Madrid have signed a multi-year sponsorship deal that will see Hantec Markets become the Club’s official online trading partner in LatAm. The sponsorship deal comes on the...

Meesho, an e-commerce platform, has received fresh funding between $250 and $270 million. This brings its total financing to $550 million, according to sources. The funding came from new investors, including Tiger Global, Think Investments and Mars Growth Capital. A...

American financial technology company Broadridge is increasing its staff in India as it aims to take advantage of the fast-growing potential customer base in the emerging economic powerhouse. Broadridge Financial plans to grow its India technology team by 26%, reaching...

Prop trading firms are speaking out about unfair tricks used by some traders. These traders work in groups to earn money unfairly using special methods called arbitrage. Firms have shared their concerns publicly, saying these actions harm the trading system...

Visa, a leader in digital payments, and DealMe, a financial technology company, announced their partnership to meet the growing demand for cross-border shopping and flexible payment options. The two companies will introduce card installment payment services for international transactions. This...

President Donald Trump has announced the creation of a working group to look into new rules for digital assets and to study the idea of a national digital asset stockpile. According to the update, this group will focus on creating...

Dukascopy has added 32 new exchange-traded funds (ETFs) to its list of tradable instruments. The company, which was founded in 2004, has created many different trading tools, such as MT4, MT5, and JForex.  Dukascopy also gives banking services to people...