Banking

NYSE Faces $9 Million Fine from SEC Over Trading Glitch

Regulatory action follows significant trading errors affecting market operations.Highlights: NYSE fined $9 million by SEC for a trading error.The glitch caused significant market disruptions.Regulators emphasize the need for reliable...

Stablecoin Startup Kast Raises $80 Million to Accelerate Growth

Funding aims to expand operations and enhance offerings in the stablecoin sector.Highlights: Kast raises $80 million inSeries A...

Nasdaq Connects European Trading Venues to Seturion Tokenized Asset Platform

New integration aims to enhance trading efficiency in Europe.Highlights: Nasdaq links European trading venues to Seturion platform.Integration focuses...

Irish Banks Launch P2P Payments Service to Enhance Digital Transactions

New service aims to simplify peer-to-peer money transfers in Ireland.Highlights: Irish banks have introduced a new P2P payments...

Bank of Canada Strengthens DLT-Based Bond Issuance Experiment

The central bank's pilot project explores innovative bond issuance methods.Highlights: Bank of Canada completes its DLT-based bond issuance...
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FCA Partners with Raidiam to Accelerate Open Finance Testing in the UK

The UK’s Financial Conduct Authority (FCA) has joined forces with Raidiam to advance open finance innovation and enhance secure data sharing across the financial...

Charity Bank Partners with Sandstone Technology to Launch New Savings App

Ethical lender Charity Bank teams up with Sandstone Technology to roll out a modern savings app aimed at enhancing customer experience and boosting digital...

Routefusion Raises $26.5M Series A to Expand Global Payments Infrastructure

Cross-border payments platform Routefusion secures $26.5 million in Series A funding to enhance its global payout network and accelerate expansion into new markets. Highlights: Routefusion...

Resistant AI Secures $25M Series B Funding to Advance AI-Powered Fraud Detection

AI-driven fintech security firm Resistant AI raises $25 million in a Series B round to strengthen its fraud detection technology and expand into new...

Qapita Raises $26.5M in Series B, Partners with Charles Schwab to Expand into the U.S. Market

Singapore-based equity management platform Qapita secures $26.5 million in Series B funding, backed by Charles Schwab, to accelerate its U.S. expansion and enhance private...

Citizens Bank Elevates Ted Swimmer to Lead Commercial Banking Division

Citizens Bank promotes longtime Capital Markets head Ted Swimmer to oversee its Commercial Banking unit, marking a strategic move to strengthen corporate lending and...

SmartSearch to Acquire Credas for £77.8 Million in Major RegTech Consolidation

SmartSearch strengthens its position in the RegTech sector with a £77.8 million acquisition of Credas, combining advanced ID verification and compliance technology for enhanced...

BGC Group Acquires Macro Hive to Bolster Market Analytics and Research Capabilities

Global brokerage BGC Group strengthens its financial analytics division with the acquisition of Macro Hive, a UK-based macroeconomic research and data insights firm. Highlights: BGC...

Cuzdan Launches Payment Orchestration Platform in Azerbaijan Powered by PayTabs

PayTabs powers Cuzdan’s new payment orchestration platform in Azerbaijan, aiming to simplify digital payments and boost e-commerce efficiency across the region. Highlights: Cuzdan, in partnership...
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