Topic
financial services
60 stories related to this topic, newest first.
The Independentbusiness14 hrs ago
Treasury Committee Calls for More Data and Targets in UK Financial Inclusion Strategy
The Treasury Committee said the government's November 2025 Financial Inclusion Strategy does not identify who is excluded from financial services or why. It called for quantitative analysis and clear targets before a 2027 progress review.
automotiveworld.comfinance4 days ago
EU crypto rules take effect as fewer than one in five firms secure licenses
New European Union crypto regulations began on 1 July. Fewer than one in five of the region's 1,200 registered crypto companies obtained required licenses. Officials said the rules aim to curb scams and protect investors.
marketscreener.combusiness6 days ago
Banks explore acquiring network to bypass debit-card fee caps
Several large banks have held talks about purchasing a network owned by a fintech company. The move would allow them to avoid fee limits set by a 2010 law.
news.sky.comai11 days ago
Starling Bank to cut 130 jobs and increase AI spending
The digital-only bank will eliminate 3% of its workforce as part of a restructuring aimed at reducing duplicate roles. It will continue hiring in technology and artificial intelligence while consulting affected staff.
world12 days ago
South Korean Financial Regulator Meets Crypto Exchange Heads, Urges Stronger Controls
Lee Chan-jin, governor of the Financial Supervisory Service, met with 15 virtual asset exchange operators on July 2. He called for improved internal controls, monitoring systems and IT infrastructure to address a market slump caused by recent accidents.
Rapplerworld13 days ago
BPI Expands Cash Services to 1,369 Partner Stores
Bank of the Philippine Islands customers can now deposit and withdraw cash without fees at more than 1,360 partner stores. The service covers supermarkets, convenience stores, pharmacies, and gas stations. BPI also plans to add account opening at these locations.
rte.iebusiness18 days ago
Australia Extends Crypto License Application Deadline to September 30
Australia's financial regulator extended the grace period for crypto licensing applications to September 30. The move gives digital asset businesses three additional months to comply with the updated regulatory framework, @CoinDesk reported.
coindesk.combusiness18 days ago
SBI Holdings to Buy Bitbank Crypto Exchange for About $289 Million
SBI Holdings agreed to acquire cryptocurrency exchange Bitbank for around $289 million. The Tokyo-based firm said the transaction will close in October subject to regulatory approval.
BI
chicago.suntimes.comfinance18 days ago
JPMorgan Chase to Double Community Center Branches in Low-Income Areas
JPMorgan Chase will expand its Community Center program by doubling the number of specialized branches and hiring 150 additional community managers. The centers provide financial education workshops in low- and moderate-income neighborhoods.
pymnts.combusiness19 days ago
UK banks develop digital verification service for customer transactions
UK Finance is supporting six major banks to create a digital verification service that lets customers share verified personal details through banking apps. The service would allow secure data sharing with third parties for purchases, age checks, property deals and account opening…
techcentral.co.zatechnology22 days ago
Lloyds Banking Group to Hire 300 AI Specialists While CEO Signals Future Job Reductions
The bank aims to expand its AI team to 1,000 staff by September. The move comes weeks before chief executive Charlie Nunn unveils a new multi-year strategy.
The Sydney Morning Heraldsports32 days ago
Federal Court fines Union Standard International Group $300 million but stays order for appeal
The record penalty follows a case first filed in 2020 over a derivatives scheme that collapsed in 2018 and affected more than 10,000 investors.
manilatimes.netbusiness32 days agoSourced
United Community Banks agrees to sell equipment finance unit to Wafra funds for $1.9 billion
United Community Banks, Inc. signed a definitive agreement to sell its Navitas equipment finance business to funds managed by Wafra Inc. The $1.9 billion cash deal is expected to close in the third quarter of 2026.
investinghaven.combusiness32 days ago
MoneyGram Launches Dollar-Denominated Stablecoin MGUSD
MoneyGram introduced MGUSD on June 11, 2026. CEO Anthony Soohoo discussed the launch during a Squawk Box Europe segment that aired at 11:09 AM EDT.
nypost.compolitics33 days ago
Trump Picks Brian Johnson to Lead the Consumer Financial Protection Bureau
The nomination would place a former deputy director in charge of the agency created after the 2008 financial crisis. Johnson’s selection requires Senate confirmation.
forbes.comfinance34 days ago
Visa Reports 17% Revenue Growth in Q2 2026 Driven by Traditional Payments
Visa posted net revenue of $11.2 billion for the second quarter of 2026, marking 17% year-on-year growth. Company officials attributed the increase to higher payments volume, cross-border activity, and processed transactions rather than newer digital initiatives.
finance38 days ago
Wealth management firm partners with crypto platform to offer asset lending
A wealth management firm announced a partnership allowing eligible clients to lend crypto assets and receive exchange-traded product shares. The arrangement reduces onboarding time and lowers the minimum transaction size.
marketwatch.comworld39 days ago
U.K. Regulators Bar Financier from Company Boards
U.K. regulators banned a financier from serving on company boards after his lending firm collapsed in 2021. The decision follows the firm's insolvency proceedings.
247wallst.compolitics41 days ago
House Financial Services Republicans Urge Senate to Advance Housing Bill
Republican members of the House Financial Services Committee called on the Senate to move forward with housing legislation. The request follows committee work on the measure in recent weeks.
agriculture.einnews.comai42 days ago
Bank Leumi Ranked Second in Middle East for Innovation
Bank Leumi placed second among Middle East banks for innovation and first in Israel for AI implementation according to the Evident AI Index for Banks, MEA. The ranking covers regional financial institutions.
JE
CoinDeskfinance43 days ago
Coinbase to Add Direct INR Deposits and Withdrawals via IMPS Starting June 1
Coinbase will enable Indian users to move rupees directly between bank accounts and the exchange using the Immediate Payment Service. The change removes the need for peer-to-peer transfers or third-party intermediaries.
marketwatch.comfinance46 days ago
Goldman Sachs Addresses Reports on CEO David Solomon DJ Activity
Goldman Sachs stated it does not support speculation that chief executive David Solomon plans to resume performing as a DJ. The firm issued the comment after media coverage questioned whether Solomon would return to the activity.
etftrends.combusiness46 days ago
Lombard Odier Expands Bloomberg Collaboration for Group-Wide Risk System
Lombard Odier will extend Bloomberg investment risk tools from Asset Management to Wealth Management and Private Banking. The Geneva-based firm manages CHF 349 billion in assets under management.
news.google.comfinance46 days ago
UP Fintech Faces Investigation Over Alleged Securities Violations
Block & Leviton announced an investigation into UP Fintech Holding Ltd. on May 28, 2026. The inquiry follows a May 22 stock decline after Chinese regulators cited unauthorized cross-border activity by the company's subsidiaries.
info.gov.hkfinance49 days ago
Hong Kong Plans Licensing Rules for Crypto Advisory and Asset Management Firms
Hong Kong's securities regulator is preparing legislation to bring crypto advisory and asset management services under the same licensing standards applied to traditional finance. A bill is scheduled for introduction to lawmakers in 2026.
soompi.comfinance49 days ago
Beijing Announces Crackdown on Unauthorized Cross-Border Trading by Online Brokerages
Chinese regulators moved against online brokerages offering unauthorized cross-border trading. The action triggered a sharp drop in shares of one listed firm and reduced the wealth of its founder.
finance49 days ago
Jain Global to Return External Capital and Manage Exclusively for Millennium Starting in Third Quarter
Jain Global will return money to outside investors and manage capital solely for Millennium under an exclusivity deal scheduled to close in the third quarter. The firm's fundamental equities unit faces an uncertain future while other divisions continue normal operations.
Substrate placeholder — needs reviewfinance49 days ago
Crypto Firms Shift Focus to Infrastructure and Tokenization
Several cryptocurrency companies are expanding beyond Bitcoin trading into stablecoin infrastructure, tokenization, and blockchain services. CNBC reporter Tanaya Macheel described the change in a documentary segment. The companies named include Coinbase, Robinhood, Circle, Bullis…
manilatimes.netfinance49 days ago
Apex Auto Solutions Inc Launches App Connecting Customers to Insurance and Financing Providers
Apex Auto Solutions Inc announced a new app on May 25, 2026, that links users to insurance and financing options from selected providers. The platform allows comparison of auto, personal, and business products in one interface.
londontheinside.comfinance50 days ago
Government assessment projects £1.6 billion boost to City of London from financial reforms
A government assessment estimates that planned financial reforms will deliver a £1.6 billion economic boost to the City of London. The projection comes as officials continue to position the district as a contributor to national growth.
forbes.comfinance50 days ago
Report Forecasts Bitcoin-Backed Lending Market Could Reach $1 Trillion
A crypto lender projects the consumer bitcoin-backed loan market could expand from roughly $3 billion to as much as $1 trillion within ten years. A survey of 1,244 cryptocurrency holders found strong interest but low current usage.
ai52 days ago
JPMorgan Executive Says AI Will Upskill Workers Instead of Replacing Them
Stephen Parker, co-head of global investment strategy at JPMorgan Private Bank, said companies are using AI to improve employee skills. He cited labor-market data showing software job listings outpacing the broader market.
indianexpress.comfinance52 days ago
Mitlin Financial, Inc Reaches 50 Google Reviews
Mitlin Financial, Inc, a registered investment advisory firm in Hauppauge, New York, announced it has received its 50th Google review. The firm said the milestone reflects client feedback shared publicly about their experience.
Fox Newspolitics53 days ago
Congressional Report Says U.S. Banks Underwrote Offerings for Chinese Battery Firm CATL
A House committee report states that JPMorgan Chase and Bank of America helped CATL raise capital through stock offerings after the Pentagon placed the company on its list of Chinese military-linked firms. The report says the banks conducted due diligence but accepted CATL's stat…
CoinDeskfinance53 days ago
Blockchain.com Submits Draft Filing for Proposed U.S. IPO
Blockchain.com confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission for a potential initial public offering. The filing does not yet specify the number of shares or price range. The company offers cryptocurrency exchange, wallet,…
Forbesai54 days ago
Financial Firms Explore Hybrid AI and Rule-Based Systems for Master Data Management
Financial institutions are testing autonomous data stewardship models that combine AI agents with deterministic rules. The approach aims to detect data quality issues earlier and reduce manual corrections.
techcentral.co.zafinance54 days ago
South African Group Expands UK Banking Unit to Target Wealthy Clients
A South African financial group is expanding its UK banking operations to serve high-net-worth individuals. The move is expected to increase competition among banks and fintech companies focused on affluent customers.
coindesk.comfinance54 days ago
IG Plans to Expand Crypto Trading Across Europe
IG will use Bitpanda infrastructure to offer cryptocurrency trading to European clients. The London-listed company introduced spot crypto trading in the United Kingdom last year.
bloombergquint.comfinance54 days ago
SpaceX Outlines Plans for Orbital AI Compute and Banking Services
SpaceX detailed long-term plans that include deploying modular orbital AI compute shells by the end of the decade. The company also intends to offer payment and banking services and expand collaboration with Tesla and Intel.
FI
finance54 days ago
Executive Order Directs Review of Banking Risks Linked to Immigration Status
An executive order directs the Treasury Department to issue guidance to banks on credit risks tied to individuals without legal immigration status. The order also calls for proposed changes to the Bank Secrecy Act to help banks obtain immigration and employment data.
CoinDeskfinance55 days ago
Executive Order Directs Review of Crypto Firms' Access to Payment Services
An executive order directs federal regulators to examine rules that may limit partnerships between fintech firms and depository institutions. The order also asks the Federal Reserve to assess access to payment accounts for uninsured depository institutions and non-bank financial…
insidermonkey.compolitics56 days ago
Information Services Corporation to Be Acquired by Plenary Americas for $51 per Share
Information Services Corporation announced an agreement to be acquired by a subsidiary of Plenary Americas in an all-cash deal valued at approximately $1.2 billion. Shareholders will receive $51.00 per share, a 55 percent premium to the unaffected closing price before the strateg…
citizen.co.zapolitics56 days ago
Kalshi Announces $2 Million Donation to National Council on Problem Gambling
Kalshi will provide $2 million over two years to the National Council on Problem Gambling. The funds support a new initiative on trader health and safety. The announcement comes as prediction markets expand and face regulatory questions from state officials.
CoinDeskfinance56 days ago
Galaxy Digital Receives New York BitLicense for Institutional Crypto Services
Galaxy Digital obtained a BitLicense and money transmitter license from New York regulators on May 18, 2026. The approval allows the firm to offer regulated digital asset trading and custody to institutions in the state.
nextbigwhat.comfinance56 days agoUpdated
Citi and BlackRock Form EUR15 Billion Partnership for Private European Lending
Citi and BlackRock have agreed to a EUR15 billion partnership focused on private lending in Europe. The arrangement will channel capital into corporate and infrastructure financing across the region.
LI
americanbanker.comfinance57 days ago
Senate Banking Committee Advances Clarity Act on Digital Assets
The Senate Banking Committee passed a markup of the Clarity Act on May 17. The measure addresses regulatory definitions for digital assets. Committee action follows ongoing debate over cryptocurrency oversight.
LI
cryptoninjas.netfinance58 days ago
Investing.com Promotes AI Stock Selection Service
Investing.com is advertising its InvestingPro platform, which uses AI to generate stock recommendations and analyze market data. The service includes tools for screening stocks and tracking billionaire portfolios.
IN
finance61 days ago
Interactive Brokers to Offer Election, Climate and Economic Event Contracts via Partnership With Kalshi, CME Group and ForecastEx
Interactive Brokers is launching a prediction-markets platform that lets users trade yes-or-no contracts on elections, climate and the economy. Founder Thomas Peterffy said institutional interest is rising, particularly for hedging commodities and climate-related risks. Kalshi re…
DE
valuewalk.comfinance61 days ago
Fidelity Announces Support for CLARITY Act on Digital Asset Regulation
The $7 trillion asset manager announced its support for the crypto legislation, describing it as a balanced approach that would ensure the U.S. remains a global leader in digital assets. Fidelity stated the CLARITY Act would bring statutory clarity to digital asset markets.
WA
therealdeal.comai61 days ago
Wall Street Firms Test Grok Chatbot for xAI
Multiple Wall Street firms with business ties to Elon Musk have been recruited to test the Grok chatbot developed by his artificial intelligence company. The testing forms part of an effort to increase revenue in advance of an initial public offering for SpaceX. The company repor…
pymnts.comfinance62 days ago
Bermuda Begins Moving National Payments and Financial Services Onchain
Bermuda has started shifting its national payment and financial services onto a blockchain network. The move marks the first operational step toward the country's goal of becoming the world's first fully onchain national economy. The development was reported by CoinDesk on May 12…
ftfnews.comfinance63 days ago
DTCC Integrates Chainlink Into Blockchain Collateral AppChain
The Depository Trust and Clearing Corporation has integrated Chainlink technology into its blockchain-based Collateral AppChain. The move aims to automate 24/7 collateral management processes including pricing, valuation and settlement. The integration spans global financial mark…
cnet.comfinance63 days ago
Investing.com Promotes Subscription Service on U.S. CPI Release Date
Investing.com published a promotional message for its InvestingPro subscription service on the day of the U.S. consumer price index release. The material highlights artificial intelligence tools, stock screeners, and analysis of billionaire portfolios. It includes performance dat…
IN
wealthmanagement.comworld64 days ago
Apollo Global Management in Talks to Sell $3 Billion Private Credit Fund
Apollo Global Management is holding discussions to sell its MidCap Financial investment, a roughly $3 billion private credit fund. The talks were reported on Monday. No details have been disclosed on potential buyers or the status of negotiations.
IN
theweek.comtechnology64 days ago
NS&I Blocked 132,126 Malicious Emails Over Three Years
National Savings and Investments blocked 132,126 malicious emails over three years while phishing incidents rose from 1,043 to 4,414 in the past 12 months. The data, obtained via Freedom of Information request, follows a technical outage that left 37,000 customers unable to acces…
pandaily.comworld64 days ago
Vanguard Group Explores Expanding Beyond Index Funds
The investing giant synonymous with cheap funds that track indexes is looking to change that approach, according to an exclusive report. Vanguard Group has long been defined by its low-fee passive investment products. The shift marks a potential evolution for one of the world's l…
cnbc.comfinance66 days ago
Apollo Plans Second Headquarters in Florida or Texas
Private equity firm Apollo is preparing to establish a second headquarters in either Florida or Texas, with a formal announcement expected within weeks. The move follows an internal memo signaling growth outside New York and comes as Citadel CEO Ken Griffin announced plans to exp…
ZE
Rapplerfinance66 days agoUpdated
Coinbase Reports First-Quarter Loss
Coinbase posted a surprise loss of $1.49 per share on revenue of $1.41 billion for the quarter ended March 31, missing Wall Street estimates. Crypto price declines reduced trading volumes while the company continued shifting toward subscription revenue from stablecoins and other…
WA
techcentral.co.zafinance67 days ago
Wall Street Adds Crypto Jobs While Coinbase and Gemini Cut Staff
Wall Street firms are hiring for dozens of Bitcoin and crypto jobs while layoffs sweep through crypto and fintech companies. Executives cite AI as a driver of efficiency gains, though analysts question how much of the cuts stem from cooled trading and lower digital asset prices.…
BI
secretldn.comfinance68 days ago
SPX Capital to Close London Office as Senior Partners Depart
Brazilian hedge fund SPX Capital is undergoing a major restructuring that includes the departure of senior partners and a rethink of its operations. The firm will shut its London office as part of the changes. @business reported the developments, citing sources.