Markets

After more than four years of consistently increasing the interest rate benchmark, the US Federal Reserve has finally cut the benchmark by half a percentage point. The substantial cut deviates from the more common quarter-point adjustments, and it hits at...

Starling Bank, one of the largest UK banks, recently issued a warning against voice cloning scams. The bank warned that the scams are seeing a sharp rise, and could be set to catch millions out, according to its research. Voice...

The UK’s financial regulator, the Financial Conduct Authority (FCA) is collaborating with the Government on reforming capital markets. The goal is to help retail investors make more informed investment decisions in order to better protect their assets. The UK To...

StoneX Financial Inc. recently managed to settle with ICE Futures US by agreeing to pay a monetary penalty of $20,000. The announcement of the settlement came yesterday, September 19. StoneX Financial Agrees To Pay The Penalty  ICE Futures charges against...

For years now, the number and severity of financial frauds and scams originating on social media have been growing around the world. Various entities have been getting involved with attempts to prevent them from happening, or at least soften the...

Daniel Kirby, the former director of Berndale Capital, recently pleaded guilty to multiple charges of financial misconduct. The collapsed FX and CFD broker’s director decided to admit his guilt six years after the business went under. Berndale Director Pleads Guilty...

Venture capital fund managers who supported the Investing in Women Code are seemingly more likely to invest in female founders, based on a report by the UK government. VC Deals Made By Investing in Code Signatories On The Rise The...

Gavin Williamson has announced that he is leaving his position as an advisor at Lanistar. The troubled financial technology company also lost its Chief Executive Officer and is currently dealing with a winding-up petition due to unpaid debts. Williamson, a...

Monzo has launched a new feature for its Flex customers, allowing those with iPadOS 18 and iOS 18 to pay in full or spread the cost over multiple months directly at the point of purchase with Apple Pay. The bank...

Kirill Getmanskiy has shared on LinkedIn that he is starting a new job as Chief Marketing Officer for Asia Pacific at MultiBank Group. This new role comes after he has held several important positions in the education and marketing industries....

FPFX Tech, a fintech company specializing in providing software solutions for prop trading firms, analyzed data from over 300,000 accounts. These accounts belonged to 100,000 traders spread across ten different prop trading companies. The report showed that 14% of traders...

JPMorgan Chase has reportedly held preliminary discussions with Apple about potentially taking over the credit card program currently managed by Goldman Sachs. According to sources familiar with the matter, the talks are still in their early stages and there is...

Alexander Royle, a well-known figure in financial market regulations, revealed that he has joined Cor Prime, a new crypto-focused project he co-founded. According to Royle, the company is part of the $1 billion investment firm Deus X Capital, and aims...

Foreign exchange services provider OFX has announced that it has set up a new regional team across several cities in Germany. The firm said the launch aligns with its expansion goals in Europe. OFX will be offering better support for...

MetaTrader 5 is now supporting over 40 new payment methods across different regions. Some of the new methods include local banking systems and popular digital wallets. According to the trading platform, it is looking to offer different transaction options across...