Fintech companies operating in and beyond New York are recalibrating strategy in response to a comprehensive overhaul of state consumer protection regulations, setting a new benchmark for oversight of digital financial services.
President Donald Trump announced his intention to pursue legal action against JPMorgan Chase, asserting that the bank “incorrectly and inappropriately DEBANKED” him following the January 6, 2021 Capitol riot, according to a
Britain’s digital bank Revolut has formally applied for a full banking licence in Peru, marking its fifth planned market in Latin America as part of a broader strategy to deepen its presence
Central banks are increasingly experimenting with bitcoin and other digital assets as part of broader discussions about reserve diversification, even though mainstream monetary authorities remain cautious about formal adoption. A recent move
Wall Street is on track for its strongest investment banking performance since the pandemic, driven by a notable rise in fee income among the largest US banks. Analysts and market data suggest
India’s markets regulator has accused Bank of America’s local investment bank unit of breaching insider trading rules and internal confidentiality protocols in connection with a 2024 stock sale, underscoring compliance risks for
The Bank of England’s custody of Venezuelan gold reserves has resurfaced as a contentious financial issue, highlighting the complex intersection of sovereign assets, diplomatic recognition and global financial markets. London holds roughly
Nigeria’s largest payments technology company, Flutterwave, has completed the acquisition of open banking startup Mono in an all-stock transaction valued at between $25 million and $40 million, marking one of the rare
Global investors are warning that 2026 could bring a significant inflationary challenge driven largely by sustained and heavy investment in artificial intelligence infrastructure and technology, a risk they say remains underappreciated in
Russia’s central bank has filed a lawsuit seeking about $230 billion in damages from Belgium-based financial services firm Euroclear, intensifying a high-stakes legal and financial confrontation rooted in the freezing of Russian
