Latest News – Page 60

Lithuanian Fintech Receives First DLT License in the Baltics

Axiology, a Lithuania-based tech firm in the digital assets sector, has received a licence from the Bank of Lithuania to issue digital bonds via blockchain....

Bank of the West Introduces New Account to Address Climate Change

Bank of the West is introducing a new checking account in collaboration with 1% for the Planet, aimed at empowering consumers to take action against...

Barclays Penalized £42 Million for Inadequate Money Laundering Risk Measures

Barclays Bank has been fined £42 million by the Financial Conduct Authority (FCA) for inadequate handling of money laundering risks in two cases. The bank...

Standard Chartered Introduces Bitcoin Spot Trading

Standard Chartered has made history as the first global systemically important bank to provide digital asset spot trading services for institutional clients. This new offering...

AI Uplift: Yorkshire Introduces Investment Fund for Artificial Intelligence

Yorkshire is positioning itself as a key player in the UK's AI sector with the introduction of an investment fund aimed at supporting AI startups....

French Startup Spiko Secures $22 Million in Funding

Paris-based fintech Spiko has raised $22 million in a Series A funding round. Founded in 2023, the startup focuses on cash management for SMEs by...

Wise Shares Decline Following Q1 Earnings That Fall Short of Analysts’ Expectations

UK fintech Wise is facing repercussions after its latest quarterly results fell short of analysts' expectations, leading to a significant drop in its share price,...

Computershare Identified as Potential Purchaser for PrimaryBid

Australian stock transfer agency Computershare is reportedly among several firms interested in acquiring UK-based fintech company PrimaryBid, which was placed on the market earlier this...

Morgan Stanley Becomes Part of Global Carbon Accounting Coalition

Morgan Stanley has set a significant precedent as the first major U.S. bank to commit to tracking the greenhouse gas emissions associated with its loans...

Wall Street Firms Unveil Stablecoin Initiatives

Two prominent figures in the financial sector are positioning themselves to enter the stablecoin arena based on recent statements by their senior executives. Citigroup CEO...