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.

wsj.com - Financial Services Roundup: Market Talk
Financial Services Roundup: Market Talk
Wall Street Journal

The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Continue reading your…

solveforce.com - Chapter 37: Cloud Computing for Financial Services
Chapter 37: Cloud Computing for Financial Services
SolveForce

Cloud computing has brought significant advancements to the financial services industry, offering enhanced security, agility, cost savings, and data analytics capabilities. In this chapter, we will explore the impact of cloud computing on financial…

solveforce.com - Chapter 27: Cloud Computing for Financial Services
Chapter 27: Cloud Computing for Financial Services
SolveForce

Cloud computing has transformed the financial services industry, providing secure data storage, computational power, real-time analytics, and innovative customer experiences. In this chapter, we will explore the impact of cloud computing on…

dallasnews.com - Maria Halkias - Dallas-based financial services firm Beneficient goes public with IPO
Dallas-based financial services firm Beneficient goes public with IPO
Dallas News

Dallas-based financial services company Beneficient began trading on Nasdaq Thursday following its merger last year with Avalon Acquisition. The stock, which trades under the symbol BENF, opened at $15 a share and ran up to $16.50 before starting…

thehill.com - Lee Reiners, Opinion Contributor - On regulation, the crypto industry has everything backward
On regulation, the crypto industry has everything backward
The Hill

This week marked a sharp escalation in the long-standing conundrum of how to regulate cryptocurrency. After long hinting at the prospect, the Securities and Exchange Commission (SEC) finally brought charges against two of the biggest cryptocurrency…

itweb.co.za - Altron FinTech - Business challenges that Altron FinTech solutions solve
Business challenges that Altron FinTech solutions solve
www.itweb.co.za

Fintech companies are on a path of enhancing their growth and building a reputation in the industry. Financial technology is improving and automating the process and services within organisations. However, these challenges push our imagination in…

financemagnates.com - Arnab Shome - CMC Markets Enters Blockchain Space with Investment in StrikeX
CMC Markets Enters Blockchain Space with Investment in StrikeX
Finance Magnates

CMC Markets (LON: CMCX), the operator of a major retail brokerage brand and provider of institutional platform technology, announced today (Friday) its investment into StrikeX Technologies, a customer-centric blockchain solutions business. The…

marketwatch.com - Chris Matthews - Crypto boosters hope Congress can deliver 'total victory' in industry battle with SEC
Crypto boosters hope Congress can deliver 'total victory' in industry battle with SEC
MarketWatch

The crypto community is reeling after the U.S. Securities and Exchange Commission filed two major lawsuits this week against Binance Holdings Ltd. and Coinbase Global Inc. COIN that could threaten the business models of two of the world's largest…

finextra.com - Editorial Team - Kerry Cantley joins Mitek as VP of digital banking strategy
Kerry Cantley joins Mitek as VP of digital banking strategy
Finextra Research

Mitek (NASDAQ: MITK), whose mission is to make digital access faster and more secure, has named experienced banking veteran Kerry Cantley Vice President of Digital Banking Strategy. Kerry Cantley brings a distinguished 30-year career in the…

bloomberg.com - Takashi Nakamichi - Japan Watchdog Seeks Penalty On Regional Banks Over Bond Sales
Japan Watchdog Seeks Penalty On Regional Banks Over Bond Sales
Bloomberg

Japan's securities watchdog is seeking penalties on two regional banks for improperly selling structured bonds, a rare move that could send a signal to the broader industry about its sales practices. The Securities and Exchange Surveillance…

coindesk.com - Michael J. Casey - The SEC Has Started an All-In Political Battle Over Crypto
The SEC Has Started an All-In Political Battle Over Crypto
CoinDesk

The Securities and Exchange Commission's lawsuits against Binance and Coinbase this week have set up a high-stakes battle that will engage all three branches of the U.S. government in a competition for power, determine whether the crypto industry…

bbc.co.uk - Youth club futures uncertain due to rising costs - BBC News
Youth club futures uncertain due to rising costs - BBC News
BBC

Youth clubs are disappearing due to the cost of living crisis, a body representing voluntary youth work in Wales has said. Two clubs have already closed, Council for Wales of Voluntary Youth Services (CWVYS) said, as financial pressures put others…

pressandjournal.co.uk - Keith Findlay - Windfall tax: Minister says UK Government 'listened' to calls for change
Windfall tax: Minister says UK Government 'listened' to calls for change
Press and Journal

Banks played a crucial role in persuading the UK Government to change its mind over the windfall tax on North Sea oil and gas firms, it emerged today. Exchequer Secretary to the Treasury Gareth Davies told The Press and Journal ministers and…

cointelegraph.com -  Prashant Jha  - US House Committee releases new stablecoin bill draft
US House Committee releases new stablecoin bill draft
Cointelegraph

The United States House Financial Services Committee has released the third draft of the stablecoin bill presented by the Republican chair Patrick McHenry. The latest draft of the bill is aimed at bipartisan legislation and includes certain…

americanbanker.com - Frank Gargano - New York credit union signs first contract with organized employees
New York credit union signs first contract with organized employees
American Banker

Organized employees of Genesee Co-Op Federal Credit Union in Rochester, New York, have signed their first union contract after more than 14 months of negotiations. The agreement reached this month between members of the $37 million-asset Genesee…

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