Fixed Income Electronic Trading Platform Trumid Reports Latest Trade Volume

Trumid, a financial technology company and fixed income electronic trading platform, announced trade volume and user participation highlights for July 2025. According to an announcement from Trumid, here are the July updates: Trumid’s monthly market steady performance in 2025 “carried into July, driven by deeper… Read More

UK’s Payments Firm GoCardless Nears Acquisition by Mollie as Fintech Consolidation Continues

UK-based payments company GoCardless is reportedly close to being (potentially) acquired by Dutch Fintech Mollie, with a possible deal expected to finalize as early as next month. Sources familiar with the matter indicate that GoCardless has been actively engaging with prospective buyers since early 2025,… Read More

Arcade.dev, Lithic Partner to Develop AI Payment Process

Arcade.dev, a unified agent action platform that makes AI agents production-ready, and Lithic, a card processing platform, are partnering to develop an AI e-commerce application capable of making secure, authenticated payments. The partnership will launch shopping agents that can search, compare products, and check out… Read More

Citi Shares Insights on Impact of US Tariffs on Global Equities, Mutual Fund to ETF Conversions in Europe

Citigroup (NYSE: C) continues to provide insights into market dynamics, offering strategies for investors, asset managers, and policymakers. Recent reports from Citi highlight key trends reshaping the financial sector, including mutual fund-to-ETF conversions in Europe, the impact of U.S. tariffs on global equities, transformations in… Read More

ERP Fintech Rillet Welcomes $70M Series B

Rillet, an AI-native ERP platform built for modern finance teams, this week announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT, and earlier investors. In conjunction with the new funding, Andreessen Horowitz general partner Alex Rampell… Read More

eToro Leverages AI to Enhance Investing and Trading

eToro Group Ltd. (NASDAQ: ETOR), a trading and investing platform, has announced how the company is harnessing artificial intelligence to enhance social investing. eToro is launching a suite of AI tools that will “transform social investing by creating a community-built marketplace for investing built on… Read More

Beware of “Slopsquatting”, Where Fraudsters Leverage AI-Hallucinated Websites

Cybersecurity firm NordVPN is warning users about “slopsquatting“, where Artificial Intelligence (AI) can accidentally create fake websites for cybercriminals, who use them for illegal activities. Hackers exploit AI-generated hallucinations to create fake domains and malicious code, putting users at a higher risk than ever before…. Read More

Fintech Brex Obtains European Union Payment Institution License

Brex is reporting that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. The newly acquired license will allow Brex to serve more European companies. Brex is in the process of setting up an office the Netherlands. With this… Read More

Digital Bank Revolut Concludes Audit Tender Process, Appointing EY as Audit Partner for 2026

Following the conclusion of a formal audit tender process, Revolut Group Holdings Ltd has announced the appointment of Ernst & Young LLP (EY) as the Company’s Global Auditor, “effective for the financial year ending 31 December 2026.” A decision was made to commence a formal… Read More

AI Investments Surge But Challenges in Understanding and Adoption Persist : Research

The rise of artificial intelligence (AI) continues to reshape industries and governments, with businesses and public sector organizations investing heavily in the technology. However, recent surveys from Ernst & Young LLP (EY US) reveal a complex landscape where enthusiasm for AI is tempered by significant… Read More

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