February 2025 – Page 6

Co-operative Bank Moves Treasury Operations to the Cloud

The UK's Co-operative Bank is set to transition its treasury operations to the cloud, leveraging Finastra's Kondor platform hosted on Microsoft Azure. Currently, the Co-operative...

ASX Invokes Accenture to Evaluate Chess Replacement Initiative

The Australian Securities Exchange (ASX) has engaged consultants from Accenture to assess its delayed blockchain-based post-trade network. The ASX has partnered with Digital Asset, a...

Coinbase Announces SEC Will Withdraw Enforcement Case

Coinbase has announced a significant development in its ongoing conflict with the Securities Exchange Commission (SEC), claiming that the regulator has agreed to dismiss its...

Robinhood Cuts 23% of Its Workforce

Trading app Robinhood is laying off nearly a quarter of its staff due to challenging macroeconomic conditions and a downturn in the cryptocurrency market. Following...

UK Parliament Launches Inquiry into the Cryptocurrency Sector

A cross-party group of UK parliamentarians has initiated an inquiry into the country’s crypto and digital assets sector. The All Party Parliamentary Group (APPG) for...

Lesser-Known Fintech Reaches $310 Billion Valuation with GameStop-Like Surge

In an astonishing turn of events similar to the GameStop retail investor frenzy, shares of a relatively unknown Asian fintech have skyrocketed over 21,000% since...

Stock Exchange of Thailand Launches SET Fin Lab

The Stock Exchange of Thailand (SET), in partnership with Bloomberg, has established a 'Fin Lab' aimed at cultivating the future generation of capital markets experts....

Scalable Capital Increases Client Assets to €10 Billion, Doubling Their Growth

Digital wealth management platform and online broker Scalable Capital has doubled its client assets over the past year, reaching €10 billion in assets under management....

SEC Accuses Three Individuals of Insider Trading Related to Equifax Data Breach

The Securities and Exchange Commission (SEC) has filed charges against three individuals for illegally tipping and trading in Equifax securities prior to the company’s major...

Crunchbase Declares Historical Data Obsolete; Relaunches as an AI-Driven Predictions Engine

Crunchbase is undergoing a significant transformation, shifting its focus from historical company data to an AI-powered predictive intelligence platform. The goal is to help users...