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Showing 20 of 62 financial news articles in Banking
Banking
financemagnates.com • 1 day ago

Weekly Review: Prop Firm Match Loses Partners; eToro to Expand in Argentina

The week brought significant developments across retail trading, fintech and financial regulation. Prop Firm Match faced a growing backlash from prop trading firms over its affiliate tracking practices, while eToro agreed to acquire an Argentine fintech business as it continued expanding through acq

Banking
financemagnates.com • 2 days ago

Nigeria Erects Strict Stablecoin Wall, Demanding $11M Local Subsidiaries for US Dollar Tokens

Nigeria has adopted regulations for non-security virtual assets that make it one of the most restrictive stablecoin market-access regimes currently in force. According to the document, published by the Central Bank of Nigeria (CBN), foreign issuers must build a locally licensed operation before maki

Banking
financemagnates.com • 2 days ago

Finance Magnates Awards 2026 Winners Announced

Finance Magnates has announced the winners of the Finance Magnates Awards 2026, recognising leading companies and CEOs across online trading, fintech, payments and financial services. The awards honour firms across global, regional and national markets, alongside two CEOs named CEO of the Year 2026

Banking
financemagnates.com • 2 days ago

MEXC Refers French Clients to Kraken as Its EU Retreat Widens

MEXC will refer eligible French customers to Kraken, extending a transition arrangement the two crypto exchanges previously used in the Netherlands.London's trading industry is coming home!The Kraken announcement follows MEXC’s October 28 notice that it would gradually stop serving users linked to

Banking
financemagnates.com • 2 days ago

Warsaw Stock Exchange Taps XTB to Bring Foreign Retail Investors to Polish Stocks

Warsaw-listed shares are now open to XTB S.A.'s clients across the European Union without a separate request, the broker and the Warsaw Stock Exchange (GPW) said today (Friday). The two called it a pilot.Until October, only XTB clients in Poland had automatic access to Warsaw-listed instruments on i

Banking
financemagnates.com • 2 days ago

Coinhub Brand Enters Simulated Prop Trading Through Nevis Firm

Coinhub Funded has launched a simulated proprietary trading programme that combines evaluations and instant funding with up to nine short weekday trading tournaments. Coinhub Is Not the Prop-Firm Operator The launch announcement connects the new business with Coinhub’s network of more than 2,000 Bi

Dive Deposits: Goldman named new partners but left other details out Banking
bankingdive.com • 2 days ago

Dive Deposits: Goldman named new partners but left other details out

The bank did not give a gender or racial breakdown for its largest partner class since 2010. That doesn’t necessarily mean it’s shelving diversity; it may be staying purposefully quiet.

Banking
financemagnates.com • 2 days ago

Finance Magnates Awards 2026 Brings Financial Industry Together in Limassol

The Finance Magnates Awards 2026 Gala Dinner and Ceremony is taking place today in Limassol, Cyprus, bringing together representatives from across the financial services industry.London's trading industry is coming home!The programme began with welcome drinks and networking from 18:30 to 20:00 local

California takes CoinFlip to task Banking
bankingdive.com • 2 days ago

California takes CoinFlip to task

The state ordered the crypto ATM company to pay $4.8 million to scam victims, and bashed federal regulators over failing to police for fraud.

PNC boosts branch expansion, kicks off CFO transition Banking
bankingdive.com • 2 days ago

PNC boosts branch expansion, kicks off CFO transition

The Pittsburgh-based bank said it would add more than 50 locations in South Carolina and Georgia and named its retail chief to the CFO role, effective in March.

Banking
financemagnates.com • 2 days ago

Xlence is kicking things off in style! Partnering with Bundesliga Club 1. FSV Mainz 05.

Xlence has officially announced a strategic sponsorship agreement with German Bundesliga club 1. FSV Mainz 05, becoming its Official Internationalization Partner. The partnership marks a significant step in Xlence's international growth strategy, strengthening its brand presence and creating new opp

Banking
financemagnates.com • 2 days ago

DraftKings Raises Predictions Investment to $650M–$700M as DKeX Gross Take Rate Reaches 11.1%

DraftKings is expanding a prediction market business from the client app to the exchange, even as the investment is set to absorb most of the Adjusted EBITDA expected from its established operations this year.DraftKings has increased its expected 2026 Adjusted EBITDA investment in Predictions to bet

Banking
finextra.com • 2 days ago

JPMorgan Chase signs cybersecurity and coding deal with OpenAI

JPMorgan Chase has formed a strategic partnership with OpenAI for use of the AI lab's coding and cybersecurity models.

Banking
finextra.com • 2 days ago

Visa establishes global capacity hubs in Singapore

Visa (NYSE: V), a global leader in digital payments, today announced the establishment of six global capability hubs at its new Solution Center in Singapore. Spanning AI, cybersecurity, quantum computing and next-generation payments, the hubs will develop technologies and solutions designed for depl

Banking
finextra.com • 2 days ago

B2B payments firm Pliant raises $80

Pliant, a global fintech specializing in highly modular B2B payment solutions, today announced an $80 million Series C funding round led by Seaya Nova and Speedinvest, with participation from Illuminate Financial, Motive Partners and Molten Ventures.

Banking
finextra.com • 2 days ago

Claude gets personal finance tool

Anthropic has unveiled a personal finance tool for Claude that lets users connect their bank and card accounts to get answers to questions about their money.

Banking
finextra.com • 2 days ago

Monzo eyes fresh funding at £7.5bn valuation - FT

After a takeover by Brazil's Nubank failed to materialise, Monzo is exploring a new funding round that would value the UK digital bank at around £7.5 billion, according to the Financial Times.

Banking
finextra.com • 2 days ago

Abay Bank strengthens financial crime compliance with JMR Infotech

JMR Infotech, a global provider of banking technology and digital transformation solutions, today announced the successful go-live of Ethiopia-based Abay Bank’s upgraded Oracle Financial Services Analytical Applications (OFSAA) Financial Crime and Compliance Management platform, integrated with Orac

Banking
finextra.com • 2 days ago

Mukuru adds 170,000 remittance pay-in points across South Africa

Mukuru, a leading financial services provider, has partnered with Flash, a payments technology company with an extensive network of spaza shops across South Africa, adding 170,000 cash pay-in points where customers can now pay for their Mukuru remittance orders.

Banking
finextra.com • 2 days ago

Nivo launches site to let lenders try its AI assistnat

Nivo has launched a new website to help lenders try its AI Assistant for Lenders free for two weeks, with no commitment to continue.

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