Decentralised cryptocurrency protocol stablecoin Frax Finance has launched a new stablecoin, frxUSD, which will run on ...
Chinese government hackers have infiltrated sensitive offices within the US Treasury Department, including the unit ...
The Vienna Stock Exchange experienced a significant rise in equity turnover and a record high in debt listings during 2024, the organisation has said. Over the past year, more than 13,400 bonds were ...
A group of cryptocurrency advocates has launched an initiative that could require the Swiss National Bank (SNB) to hold Bitcoin as part of its reserves, marking a significant push to integrate digital ...
China is set to implement significant monetary and fiscal changes in 2025, including a substantial increase in treasury bond funding and an expected interest rate cut, as policymakers move to shore up ...
Fresh investigations into Credit Suisse's World War II-era accounts have uncovered extensive new evidence of Nazi-linked customers that the bank failed to disclose during previous probes, according to ...
Morgan Stanley has become the latest major Wall Street bank to withdraw from a key climate banking coalition, following ...
Russian President Vladimir Putin has instructed the government and the country’s largest bank, Sberbank, to collaborate with China on artificial intelligence (AI), according to a Reuters report.
The Consumer Financial Protection Bureau (CFPB) has sued JP Morgan, Bank of America, and Wells Fargo for failing to protect consumers from “widespread fraud” taking place on payment network Zelle.
From Open Banking reaching a new milestone to real-world applications of generative AI (genAI) being rolled out across the industry, 2024 was a busy and exciting year for innovation and technology in ...
As the end of another exciting year for the financial services sector comes to a close, FStech takes a look at the site’s most-read stories of 2024. The top story of the year covered the news that ...
African e-commerce giant Jumia has integrated FinTech PalmPay's mobile wallet as a payment method on its platform. Tthe companies said the move will boost the digital payments ecosystem in Nigeria and ...