News

CME Group, the world’s leading derivatives marketplace, and The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced their enhanced cross-margining arrangement has received Securities and Exchange Commission (SEC) and...

Eurex, the leading European derivatives exchange and part of Deutsche Börse Group, welcomes Goldman Sachs as a new member of its listed FX Futures business. As leading participant in the global FX markets, Goldman Sachs is supporting an essential...

The Canadian Competition Bureau has ruled that Royal Bank of Canada (RBC)’s C$13.5bn ($10bn) acquisition of HSBC’s banking business in Canada (HSBC Canada) is not expected to lead to a significant reduction or prevention of competition under the Competition...

Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC). On Sept. 11, PayPal introduced new on- and off-ramps for Web3 payments, allowing users in the United States to convert their...

RAKBANK, also known as The National Bank of Ras Al Khaimah, a financial institution in UAE and UnionPay International have announced their cooperation to drive contactless mobile payments in UAE. RAKBANK has enabled all their terminals to accept UnionPay contactless...

Inari, a core technology infrastructure provider for the global insurance and reinsurance industry, has raised $5.2 million in funding as part of its Seed round led by Caixa Capital Risc, through Criteria Venture Tech. The funds reinforce Inari’s longer-term growth...

Mastercard and UK-based FinTech Paysend have expanded their collaboration to enhance cross-border payments for small and medium enterprises (SMEs), which are looking for ways to send money across the globe quickly and securely. While digital payments are seeing strong growth...