Markets

Chime Financial Inc., a company known for its free banking services, is getting ready for an Initial Public Offering (IPO) in 2025. According to people close to the matter, Chime has sent a confidential document to the US government. While...

Geoff Robinson, a former UBS investment analyst, has introduced a new educational app that uses his digitally cloned voice and AI-powered expertise to guide self-directed investors. The app is part of his website, theinvestmentanalyst.com. Robinson said that this smart tool...

New Zealand’s Commerce Commission has announced a plan to reduce the fees businesses pay for accepting Mastercard and Visa payments. The Commission shared its draft decision on Wednesday, December 18, and is asking for feedback from both businesses and shoppers...

The latest research from SplitMetrics has revealed that UK neobanks, like Revolut and Monzo, have surpassed traditional UK banks in app downloads for the first time. This change comes just before the busy holiday period. It shows that more people...

M4Markets has announced a partnership with FX Back Office (FXBO) to launch the M4Markets Mobile App. This new app is built to improve trading services by offering features such as account management, better security, and real-time transaction tracking. The company...

Timothy Oliver Lee, the brother of Bob Lee, spoke at the Hall of Justice during the trial of Nima Momeni on Tuesday, December 17, 2024, in San Francisco. On the same day, a jury found Momeni guilty of second-degree murder...

Payments startup Volume has raised $6 million to expand its account-to-account (A2A) payment services. The funding round was led by United Ventures, with support from Fabrick and existing investors like Firstminute Capital, SeedX, and Haatch. These investors showed their confidence...

The Advertising Standards Authority (ASA) has banned a climate-focused advert by Lloyds Banking Group for misleading the public about its green efforts. The advert, created by the agency adam&eveDDB, portrayed Lloyds as an environmentally friendly bank but failed to reveal...

As technology continues to advance, the way we experience digital platforms is evolving rapidly. The introduction of Generative AI (GenAI) is creating new possibilities in the field of User Experience (UX) design, and leading digital outlets like The Telegraph are...

In an unexpected twist, the highly anticipated Peanut Pet Owner's Token (PPOT) has experienced a massive collapse just two weeks after its launch. Initially touted as the next big thing in the crypto and pet care worlds, the token gained...

Australia is set to overhaul its banking sector by eliminating the use of Additional Tier 1 (AT1) bonds, a move influenced by the recent turmoil surrounding Credit Suisse. The government’s decision to scrap the controversial debt instruments is aimed at...

The BNY Mellon High Yield Municipal Bond Fund reported a stable performance in Q3 2024 despite broader market uncertainties. As of September 30, 2024, the fund delivered a modest return, aligning with its long-term investment strategy to capitalize on higher-yielding...

Bitcoin's price may skyrocket beyond $150,000 by January, according to the latest analysis by Derive, a decentralized finance (DeFi) derivatives platform. The platform's report suggests that a combination of institutional adoption, ongoing network upgrades, and growing interest from retail investors...

In a stunning turn of events, PEPE, the meme-inspired cryptocurrency, has officially surpassed Uniswap (UNI) and Litecoin (LTC) in terms of market capitalization, reaching a new all-time high of over $11 billion. The surge, driven by an increase in trading...

Thoughtworks, a renowned tech company, and Amazon Web Services (AWS) have formed a Strategic Collaboration Agreement (SCA) to help businesses use generative AI (GenAI) and solve tricky problems in Asia Pacific. This teamwork will help companies work better, satisfy customers,...