eToro Cites “Risk Management Considerations” Behind The Philippines Exit
eToro, which recently decided to stop offering services to its clients in the Philippines, confirmed to Finance Magnates that the move was motivated by “risk management considerations.” The broker has...
View Article“The Future Digital Wealth 2024”: Finance Magnates Visits LSEG’s Cyprus Event
Finance Magnates is attending The Future Digital Wealth 2024: Technology and Data at the Helm, organised by LSEG and being held in Limassol, Cyprus, today (Wednesday). The one-day event is showcasing...
View ArticleWhy Cross-Border Payments Matter and What Lies Ahead in 2025
Cross-border payments have quietly developed into the financial lifeblood of international trade, investment, and economic growth. Whether it’s multinational corporations transferring funds across...
View ArticleBroadridge Targets Global Expansion with Instant Payment Service
Broadridge Financial Solutions introduced an instant payment service to enhance the handling of real-time money transfers. The new service promises high resiliency and continuous 24/7/365...
View ArticleRobinhood Clients in the UK Can Now Borrow Money for Margin Investing
Robinhood announced today (Monday) the launch of margin investing for its UK customers, allowing retail traders to borrow money. The move comes just months after the company's initial entry into the...
View ArticleReal-Time Payments to Boost Global GDP by 74% in Five Years
Real-time payment is now an important factor in the global economic growth. According to the latest research, these instant transactions could increase global GDP by $285.8 billion by 2028 and create...
View ArticleTokenisation of Money: BIS Analyses Challenges and Opportunities for Central...
A report published today (Monday) by the Bank for International Settlements (BIS) outlines the potential implications of money tokenisation for central banks. The report, prepared for the G20, is...
View ArticleIn Neobanking “The Pace of Technological Change Is Relentless”: Keabank’s CEO
Neobanks are rapidly transforming the global financial landscape, challenging traditional banking institutions with their digital-first models. As more consumers seek faster, more accessible financial...
View ArticleMastercard Launches Local E-Commerce Payment Processing in Saudi Arabia
Mastercard has introduced a new technology infrastructure in Saudi Arabia to enable local processing of e-commerce transactions. According to the firm, this system aims to provide secure and efficient...
View ArticleAI Fintech Firms in Asia Expected to Attract $65B by 2025
Artificial Intelligence-powered fintech companies in Asia are expected to raise $65 billion in funding by 2025. According to the latest research, recent developments suggest that AI-fintech firms could...
View ArticlePolish KNF Decision Pushes Conotoxia Into Investment Hunt
Polish fintech Conotoxia, operator of the currency exchange platform Cinkciarz.pl, is in advanced talks with international investment funds as it works to stabilize operations following the recent...
View ArticleASIC Wants Purview on BNPL: Likely to Issue ‘Standalone’ Guidance
The Australian Securities and Investments Commission’s Commissioner Kate O’Rourke has confirmed that the regulator will likely issue standalone guidance related to low-cost credit contracts, which...
View ArticleEbury Scores a Deal with Southampton FC to Support SMEs
Ebury, a global financial technology firm, has announced a partnership with the Southampton Football Club for the 2024–2025 season. This partnership adds to Ebury’s expanding sports portfolio, which...
View ArticleCredit Agricole Takes Part in “Banking Conspiracy,” Cinkciarz.pl Claims
Polish currency exchange platform Cinkciarz.pl has intensified its legal offensive against major banks, announcing plans to sue Credit Agricole's Polish unit for 1 billion zlotys ($250 million). This...
View Article“Careless Rather Than Deliberate or Reckless” Approach Cost Wise CEO Another...
UK's Financial Conduct Authority (FCA) has imposed a £350,000 fine on Wise plc CEO Kristo Käärmann for failing to disclose significant tax issues. This marks the latest development in a prolonged...
View ArticleB2C2 and OpenPayd Partner for Fiat Transactions in Crypto Trade Settlements
B2C2, a provider of institutional liquidity for digital assets, announced an integration of OpenPayd’s embedded finance tools into its instant settlement network. According to the release, the...
View ArticleDisrupting a $206B Industry: Can AI Turn Regulatory Challenges into...
Imagine a fintech company preparing to launch an innovative new feature. The marketing team is abuzz with excitement, crafting messages for various channels and planning a high-profile partnership with...
View ArticleNium Launches Real-Time Bank Account Verification Across 50 Markets
Nium has launched Nium Verify, a real-time bank account verification tool for businesses and individuals across 50 markets. According to the firm, this solution allows businesses to instantly verify...
View ArticleGemini Gains In-Principle Approval from MAS for Cross-Border and Crypto Payment
Gemini has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money...
View ArticleStarling Bank Launches Call Indicators amid Concerns of Impersonation
The United Kingdom’s Starling Bank has introduced a new feature in its app designed to help protect customers from bank impersonation scams. This feature, known as the “call status indicators,” is...
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