FinBriefing
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Big Banks Stop CDS Suit, Dodge ‘Tangled’ Discovery
A federal judge hits pause on a lawsuit alleging @jpmorgan and others rigged CDS auctions, pending a key New York antitrust case outcome.
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Bankers embrace cryptos with rising blockchain trends, shifting industry focus.
Professionals are flocking from banking to crypto, with a 143% jump in 2023, lured by blockchain’s rising influence in firms like @HSBC, @jpmorgan, and @Citi and higher salaries in remote roles. #CareerShift #CryptoJobs #BlockchainImpact
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EU financial chief: bloc will slash settlement times to match US.
SEC Chairman Gary Gensler advocates for reduced currency market settlement times, enhancing market efficiency and mitigating risk. Follow the @SEC_News for potential regulatory shifts. #Finance #MarketEfficiency #SEC #CurrencyMarkets
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TFT Bi-Weekly News Roundup: The Fintech Beat
Exciting times for fintech! Mondu has secured €30M from VVRB for European expansion, while ModernFi’s $18.7M Series A aims to innovate regional banking. Plus, Revolut introduces Mobile Wallets abroad. #Fintech #Finance #Innovation @mondu @RevolutApp
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BillingPlatform scores $90m investment from FTV Capital – FinTech Future: Fintech frenzy
Discover how BillingPlatform (@BillingPlatform) is propelling forward with a $90M investment from FTV Capital to fuel innovation and market expansion, after impressive 296% revenue growth. #GrowthEquity #FinTechExpansion #InnovationInvestment
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Stay tuned for FinTech Focus, your weekly update on industry news
Explore the future of finance with this week’s FinTech Focus: Azentio & @KurdistanBank, Intellect & @Credit_Agricole, Kiya.ai & AFS, Nuvei & @AdobeCommerce, Worldline & @commerzbank reshaping the industry. #FinTechInnovation #StrategicPartnerships #FinancialTransformation
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London braces for another exit as fintech Equals Group extends takeover talks
Equals Group (@EqualsGroup) explores private ownership, as talks with Madison Dearborn Partners gain an extended timeline until February 2024 amid a trend of London market exits. #Fintech #Acquisition #PrivateEquity
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Banks in hot water for funding fossil fuels.
Facing legal scrutiny, @ing_news must now combat reputational risks as it contends with litigation over its fossil fuel funding, highlighting the pressing need for banks to align with climate commitments.
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Wirex and Liquity team up for a powerful collaboration
Wirex integrates Liquity’s LUSD and LQTY tokens, offering interest-free crypto loans and expanding payment options in over 200 countries. A major stride for seamless Web3 transactions. @wirexapp @LiquityProtocol
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Bluesheets seals $6.5m Illuminate-Lled Series A funding for security
Exciting times for @bluesheets as they secure $6.5M in Series A funding led by Illuminate Financial, with plans to bolster AI capabilities and fuel market expansion. #AIautomation #SeriesAFunding #TechGrowth