Category: Fintech

September 23, 2024 BY Sam Boughedda

Revolut Adds Nearly 2 Million Customers in 2024

The achievement comes as the company has seen a substantial increase of nearly 2 million customers in 2024 alone, solidifying its position as one of the largest payments businesses in the market. Founded in the UK in 2015, Revolut has expanded rapidly both domestically and internationally. The company now has a global customer base of…

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September 20, 2024 BY Sam Boughedda

HSBC's Trial of Quantum-Secure Technology for Tokenised Physical Gold Successful

The breakthrough, according to the bank, marks a significant step in safeguarding digital assets from potential future quantum computing attacks. HSBC, which pioneered tokenised physical gold offerings for institutional and retail investors, explained that it utilised post-quantum cryptography (PQC) and Quantum Origin technology to secure its gold tokens. The technology is said to protect against…

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September 19, 2024 BY Sam Boughedda

Barchart and SIGMA Join Forces to Deliver AI-Powered Trading Insights

The companies said in a press release that the partnership aims to leverage the strengths of both companies and deliver cutting-edge tools and insights for traders. The partnership hinges on integrating Barchart's extensive market data across various asset classes with SIGMA's AI-driven analytics platform, with the integration expected to create a wide-ranging solution. This solution…

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ATFX
September 18, 2024 BY Sam Boughedda

ATFX Expands Presence in Australia with New Office and FMPS Participation

The company revealed in a press release that it has opened a new office in Sydney and participated in the Financial Markets Pacific Summit (FMPS) 2024. "ATFX Connect is strengthening its foothold in the Australian financial market, underscoring its commitment to providing cutting-edge trading solutions to institutional clients," the company said. ATFX Connect offers a…

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Eurex ESG
September 17, 2024 BY Sam Boughedda

Eurex Clearing to Participate in Project Agorá to Explore Tokenization

The project, launched by the Bank for International Settlements (BIS), a group of leading central banks, and the Institute of International Finance (IIF), aims to explore how tokenisation can enhance wholesale cross-border payments. Project Agorá, which means "marketplace" in Greek, brings together seven central banks and a group of private financial firms to investigate the…

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September 13, 2024 BY Sam Boughedda

Digital Nomads Neobank bunq to Nearly Double Headcount in 2024

Bunq is a Dutch fintech and neobank licensed in the Netherlands. It operates in 30 European countries and is aiming to become the world's first global neobank for digital nomads. The company explained in a press release that its ambitious growth strategy is driven by the increasing number of individuals embracing location-independent lifestyles. As part…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 10, 2024 BY Sam Boughedda

Wise Platform Joins ABX Platform as Newest Payment Partner

Wise Platform, Wise's global payments infrastructure for banks and global enterprises, provides banks, financial institutions, and global enterprises with the capabilities, technology, and network to enable fast, secure, and cost-effective international payments for their customers. By joining the ABX Platform, it is said that Wise Platform will give AbbeyCross users access to faster, transparent, and…

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March 25, 2024 BY Elizabeth Anderson

China to Stop Using Intel and AMD Chips in Government Devices

The country also wants to sidestep Windows, Microsoft Corporation’s (MSFT) widely used operating system, and other internationally produced database software. The guidelines reportedly stipulated that all government bodies above the “township level” must adapt their procurement criteria to ensure that they acquire only “safe and reliable” microchips and software. In December 2023, China’s Ministry of…

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