Latest News – Page 435

Aquis and Cboe Join Forces for EU Consolidated Tape Submission

Aquis Exchange and Cboe Europe are collaborating to establish a joint venture aimed at bidding for the new European Union equity consolidated tape. European regulators...

Augmentum Fintech Leads $7 Million Funding Round for Expense Management Company Pemo

Augmentum Fintech has led a $7 million funding round for UAE expense management startup Pemo, investing $4 million in the company. Founded in 2022, Pemo...

Mexican Fintech Aviva Secures $5.5 Million in Funding

Aviva, a Mexican "phygital" financial platform aimed at serving the underbanked and micro businesses, has successfully raised $5.5 million in seed funding. Krealo, the corporate...

FCA Urges Financial Institutions to Enhance Their Approach to PEPs

The FCA has urged financial firms to take further steps to ensure that politically exposed persons (PEPs) and their families are treated fairly. This directive...

UK Post Office Cuts MoneyGram Services Following Cyber Attack

The UK’s Post Office has ceased offering MoneyGram services following a significant cyber security incident at the American money transfer company. A long-term contract between...

Klarna Submits Application for U.S. IPO

Klarna, a leading player in the buy now, pay later sector, has officially filed for its anticipated IPO in the United States. The company has...

Freetrade Exits the Swedish Market

Freetrade has announced its decision to exit the Swedish market in order to concentrate resources on the UK self-directed investment sector. Co-founder Adam Dodds, who...

Federal Reserve Imposes $44 Million Fine on Green Dot

The Federal Reserve has imposed a $44 million fine on Green Dot for engaging in "numerous" unfair and deceptive practices related to the marketing, selling,...

Barclays Finalizes Acquisition of Tesco Bank

Barclays has successfully finalized its £600 million acquisition of Tesco Bank’s retail banking division following high court approval of the deal in October. The agreement,...

Meta Partners with UK Banks to Launch Data-Sharing Initiative Against Scammers

Tech giant Meta is set to broaden its information-sharing partnership with UK banks following a successful pilot program with NatWest and Metro Bank that resulted...