PayPal, Mastercard and Visa face UK competition probe
The UK's Financial Conduct Authority is investigating PayPal, Mastercard and Visa for alleged anti-competitive behaviour connected to the funding and usage of PayPal’s digital wallet.
Crypto
Bitcoin rips past $82,000, shorts liquidated after President Trump halts Hormuz operation sending oil price spiralling
Bitcoin rose above $82,000 as oil prices tumbled amid a powerful tailwind from a sudden and dramatic de-escalation in US-Iran geopolitical tensions. Data from CryptoSlate showed that BTC extended a weeklong rebound that has lifted its value by more than 7% this week after President Donald Trump paus
Crypto
Can Bitcoin break $100,000 this week – or will geopolitics cause another weekend reset?
Bitcoin is trading above $82,000 on May 6, while oil, Treasury yields, the dollar, and US stocks shift around the same volatile geopolitical and macro backdrop that has left investors exhausted after the last few months. The move reopens the inflation-hedge debate while leaving it unresolved. It als
Fintech industry veterans launch bookkeeping platform for creators
Three fintech industry veterans have launched a bookkeeping app for creators to turn revenue reports, subscription invoices and bank statements into financial records.
Currensea to expand across Europe
UK co-branded debit card platform Currensea is to expand across Europe after the award of a Payments Institution Licence from the Dutch central bank.
Brett King announced as challenge speaker at EBAday 2026 in Copenhagen
EBAday 2026 will host internationally recognised fintech futurist and bestselling author Brett King as the challenge speaker, highlighting how Agentic AI will make the industry completely rethink money and payments.
The Competitive Data Platform Built for the Financial Industry
Most firms have access to more data than ever before.Dashboards, reports, internal tools, external sources. On paper, everything is there.Yet many teams still struggle to answer simple questions:Where do we stand in the market?Who are we really competing with?What should we focus on next?The issue i
Zero Commission Was a Trap. SaaS Is the Way Out.
For decades, the brokerage business was relatively simple, and companies made money just by giving people access to the market. The entire model was built around deals, and the more trades clients executed, the more brokers earned.However, today, very few users would be satisfied with simple access
Devexperts Integrates Advanced Markets Liquidity Into DXtrade Platform
DXtrade has added one more name to its liquidity provider list. Devexperts said today (Wednesday) it has integrated Advanced Markets into its multi-asset white-label platform, giving brokers another route to pricing across spot FX, precious metals and CFDs through a single margin account.Singapore S
Saxo Introduces "Elite" Service in Singapore for Active Traders
Saxo is launching a premium service tier in Singapore aimed at accredited investors and active traders, the company said today (Wednesday), deepening its push into a market that has become the operational anchor for its Asia-Pacific business.Singapore Summit: Meet the largest APAC brokers you know (
Can Bill Ackman save the closed-end fund?
An outspoken financier wants to build a modern-day Berkshire Hathaway
Banking
Crypto exchange Bullish makes a $4.2B deal
In buying Equiniti, Bullish gets a blockchain-native transfer agent that could allow investors to engage in 24/7 transactions, instant settlement and frictionless asset movement.
Banking
Coinbase axes 700 employees
The cryptocurrency exchange joins a growing list of companies swapping out their workers for AI, following Block, Crypto.com and Bolt in making job cuts this year.
Banking
Cambridge Savings Bank expands into NH in $80.9M deal
Buying First Seacoast Bank will add five branches to the $7 billion-asset Massachusetts lender, and give Cambridge nearly $600 million in extra assets.
The EU wants to unshackle its economy. For real this time
Eurocrats are belatedly developing a healthy distaste for red tape
Bad government statistics can cost the economy billions
A new study tries to put a number on the value of reliable numbers
Banking
Intelligence over infrastructure: What corporates want from cash management providers
Intelligence, not infrastructure, will define the next generation of cash management competition – that is the clear message from respondents to Euromoney’s 2025 cash management survey. As the 2026 survey gets under way, last year’s results already point to growing demand for smarter virtual account