Latest Markets News: Finextra Research

Banks told to expand risk management to cover AI

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

28 March 2024

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Ex-chancellor's crypto firm served sushi off half-naked models

Guests at a party hosted by a cryptocurrency firm chaired by former UK chancellor Philip Hammond were served sushi off the bodies of half-naked models.

27 March 2024

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Warsaw Stock Exchange postpones system upgrade

The Warsaw Stock Exchange (GPW) has pushed back the planned rollout of a new trading system, GPW WATS.

27 March 2024

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US charges crypto exchange KuCoin with AML violations

The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.

26 March 2024

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Swift hails results of CBDC connector testing

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

26 March 2024

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FundGuard raises $100m

FundGuard, the cloud-native, AI-powered, multi-asset class investment accounting platform, has closed a $100 million Series C funding round led by Key1 Capital.

25 March 2024

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Ireland’s fintech funding slumps

2023 saw a 94% decline in funding for Irish fintechs, according to recently published research.

25 March 2024

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Robinhood goes live across the UK

Stock market investment app Robinhood has marked its launch in the UK with the erection of an eight-foot-tall Robin Hood statue firing an arrow in the direction of the Bank of England.

19 March 2024

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Silverbird enters special administration

Silverbird, the digital payments platform for international trade, has been confirmed to have gone into special administration by the Financial Conduct Authority (FCA).

15 March 2024

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Brokerage-as-a-service platform lemon.markets goes live

Berlin-based brokerage-as-a-service platform lemon.markets has gone live in cooperation with Deutsche Bank, BNP Paribas, and Tradegate.

14 March 2024

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Institutional players back digital asset clearing house ClearToken

ClearToken, a London-based clearing house for global digital assets, has secured a $10 million funding round with support from Laser Digital, the digital asset subsidiary of Nomura, several global liquidity providers including Flow Traders and GSR, and leading digital asset firms LMAX Digital and Zodia Custody.

13 March 2024

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Wall Street players pilot Canton Network blockchain platform

A host of major financial players, including Goldman Sachs and BNY Mellon, have taken part in a pilot of Digital Asset's Canton Network blockchain platform for tokenised assets.

12 March 2024

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