Financial Services Industry News

A collection of Financial Services latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

coindesk.com - Tanzeel Akhtar - Crypto.com Secures Australian Financial Service License
Crypto.com Secures Australian Financial Service License
CoinDesk

Hong Kong-based Crypto.com has secured an Australian Financial Service License through its acquisition of a firm called The Card Group Pty Ltd. The license has been approved by Australia's Foreign Investment Review Board which examines proposals by…

nytimes.com - Isabella Kwai - U.N. Reclassifies Cannabis as a Less Dangerous Drug
U.N. Reclassifies Cannabis as a Less Dangerous Drug
The New York Times

A United Nations commission voted on Wednesday to remove cannabis for medical use from a category of the world's most dangerous drugs, such as heroin, a highly anticipated and long-delayed decision that could clear the way for marijuana research…

independent.co.uk - Andrew Woodcock - Labour ready to work 'hand in hand' with finance industry says Anneliese Dodds in charm offensive on City
Labour ready to work 'hand in hand' with finance industry says Anneliese Dodds in charm offensive on City
The Independent

The Independent employs over 100 journalists around the world to bring you news you can trust. To support truly independent journalism, please consider making a contribution or taking a subscription. Shadow chancellor Anneliese Dodds has launched a…

bloomberg.com - Marcus Ashworth - The City of London's Supremacy Goes Very Deep
The City of London's Supremacy Goes Very Deep
Bloomberg

Nerves are fraying about what happens to the financial services industry once the dust clears from Brexit. No one really knows whether there will be some form of equivalence between the City of London and the European Union on securities trading…

forbes.com - Campbell Millar - Council Post: How Fintech Businesses Can Help Protect The Industry's Future
Council Post: How Fintech Businesses Can Help Protect The Industry's Future
Forbes

COO at LMAX Group, a global financial services company and leading operator of institutional execution venues for FX and crypto trading. The pandemic has had ramifications for many companies, creating uncertain futures for businesses as they work…

businessinsider.com - Tyler Brown - USAA offers the most sought-after mobile banking tools among the largest US financial institutions in 2020
USAA offers the most sought-after mobile banking tools among the largest US financial institutions in 2020
Business Insider

This is a preview of Insider Intelligence's fourth annual US Mobile Banking Competitive Edge, available exclusively to subscribers. In addition to mobile banking coverage, Insider Intelligence publishes thousands of pieces of content, including…

labourlist.org - Elliot Chappell - Dodds: Labour seeking 'genuine partnership' with financial services
Dodds: Labour seeking 'genuine partnership' with financial services
LabourList

Anneliese Dodds is set to offer to work in a “genuine partnership” with financial services to ensure a clean and jobs-rich recovery from the pandemic while pushing the sector to go “further, faster” on delivering a green…

ft.com - Peter Foster in London and Jim Brunsden in Brussels - EU keeps UK guessing on post-Brexit rights
EU keeps UK guessing on post-Brexit rights
Financial Times

From market access for stockbrokers to passports for pets, Brussels is still holding back on granting Britain a whole collection of rights and regulatory waivers with under five weeks until the UK exits the EU's single market. With Brexit…

businessinsider.com - Michael Tattersall - What's driving IT spend growth in Canada, how it will be impacted by COVID-19, and what the new normal could look like
What's driving IT spend growth in Canada, how it will be impacted by COVID-19, and what the new normal could look like
Business Insider

Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Banking industry. You can learn more about becoming a client here. The following is a preview of one Banking report, the Canada Banking Tech Spend Report.

gothamist.com - Brigid Bergin, WNYC - Former Wall Street Exec Ray McGuire Drops Spike Lee-Narrated Video To Launch Mayoral Bid
Former Wall Street Exec Ray McGuire Drops Spike Lee-Narrated Video To Launch Mayoral Bid
Gothamist

“The world has changed, my fearless New Yorkers,” intones the narrator as a man in a gray hooded sweatshirt jogs through the heart of an empty Times Square. The voice, punctuated by a trumpet blast and snare drums, is none other than…

cointelegraph.com - Sam Bourgi - USDC issuer Centre lands Wall Street veteran David Puth as CEO
USDC issuer Centre lands Wall Street veteran David Puth as CEO
Cointelegraph

Centre Consortium, the company behind USD Coin, has hired former State Street and JPMorgan executive David Puth as its new chief executive officer, or CEO. Centre made the announcement early Tuesday in a Medium post that praised Puth for his…

businessinsider.com - Tom Taulli - 7 Machine Learning Stocks for a Smarter Future
7 Machine Learning Stocks for a Smarter Future
Business Insider

Machine learning stocks represent a promising long-term opportunity for investors. And they are not just about red-hot startups. There are also a myriad of mature operators that should benefit investors. Machine learning is a subset of AI…

mirror.co.uk - Lizzy Buchan - No-deal Brexit will 'batter sectors helping economy recover from coronavirus
No-deal Brexit will 'batter sectors helping economy recover from coronavirus
mirror

A no-deal Brexit will damage sectors helping the battered economy recover from coronavirus, the UK's fiscal watchdog has warned. The Office for Budget Responsibility (OBR) said industries such as manufacturing, financial services and agriculture…

bloomberg.com - Radoslav Tomek - Billionaire Charged as Slovak Premier Wages Anti-Graft Crusade
Billionaire Charged as Slovak Premier Wages Anti-Graft Crusade
Bloomberg

Slovak police detained the country's second-richest man, Jaroslav Hascak, marking the most influential private-sector casualty of the government's anti-corruption crusade. The detention of the founding partner of Penta Investments, a private-equity…

bloomberg.com - Leslie Kaufman - Insurers Might Be Shunning Coal, But They Still Like Fossil Fuels
Insurers Might Be Shunning Coal, But They Still Like Fossil Fuels
Bloomberg

Even as more insurers across the globe back away from coal, many in the U.S. continue to encourage fossil fuel pollution by underwriting the risk involved in oil and gas exploration and production. At least 65 insurers representing $12 trillion…

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