The fintech, which has grown to 65 million customers worldwide, including 12 million in the UK, aims to reach 100 million users by mid-2027. To support this growth, Revolut will invest $13 billion (£10 billion) over the next five years, creating 10,000 jobs globally. Of this, $4 billion (£3 billion) will be directed to the…
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Amount, which has processed more than 150 million new account applications, provides cloud-native, AI-enabled solutions that streamline digital account opening across lending, cards and deposits for banks, lenders and credit unions. The integration of its technology into FIS’ systems is expected to expand opportunities for both consumer and small business customers. Stephanie Ferris, chief executive…
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The move is said to challenge the dominance of traditional providers in the $50 billion market data sector. Developed with Douro Labs, Pyth Pro offers institutional-grade data across cryptocurrencies, equities, fixed income, commodities and foreign exchange. Early adopters include Jump Trading Group and several large banks, signalling strong demand for an alternative to legacy data…
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The initiative, which marks the latest step in Eurex’s push to “futurize” markets, will launch on 27 October with three thematic QIS index futures based on indices from Société Générale and Solactive. The firm explained that the new futures aim to make systematically managed investment approaches more accessible by shifting products traditionally traded over-the-counter (OTC)…
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Built on the foundation of the Lightspeed Trader system, the company said the new platform introduces a modernised interface, advanced customisation and integrated intelligence tools. The firm said it is now available for download across desktop and mobile devices, ensuring traders can operate seamlessly on the move. “Lightspeed Trader Pro represents the next evolution of…
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The crypto exchange stated that the move aims to accelerate the adoption of “agentic commerce,” where AI agents, businesses and users can transact seamlessly and autonomously. The x402 protocol leverages the long-unused HTTP “402 Payment Required” status code, embedding payments directly into web interactions. This is said to allow AI agents, apps and APIs to…
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The firm explained that the proposal, now awaiting a public comment period following publication in the Federal Register, would provide cleared triparty repo capabilities to Agent Clearing Members and their Executing Firm Customers. The service would support transactions executed either directly with the Agent Clearing Member or with other Government Securities Division Netting Members and…
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The new system is designed to help employees complete longer and more complex tasks with greater speed and efficiency, reflecting the bank’s push to become increasingly technology-driven. The platform is said to link directly with Citi’s internal systems, from its global employee directory to widely used enterprise tools, while also drawing on web search and…
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The move is expected to reinforce the company’s commitment to building a stronger and more competitive European capital market. The rebrand is said to reflect the company’s role as the largest single entry point to TARGET2-Securities (T2S), the European Central Bank’s settlement platform, where it processes more than 50% of all transactions. Through its “One…
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The Federal Court granted the orders, preventing Mr Geddes from leaving or attempting to leave Australia until 16 March 2026. The application, brought by the Australian Securities and Investments Commission (ASIC), was not opposed by Mr Geddes. ASIC said it sought the orders due to concerns that Mr Geddes might attempt to travel abroad and…
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