The UK’s financial watchdog, the Financial Conduct Authority (FCA) has announced details of its strategy and roadmap for promoting open finance.

Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.

US investment bank Citi has named its current CEO, Jane Fraser, as chair of the board of directors.

Donald Trump’s social media company has launched a financial services and fintech brand, dubbed Truth.FI, for a push into crypto and customised exchange-traded funds.

Exclusively reported by The Wall Street Journal, the bank’s San Francisco Financial District office may be for sale later this month.

After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn.

London Stock Exchange Group is unifying its global finance operations on Oracle Cloud, replacing a host of legacy systems with the vendor’s applications.

A report from the US Treasury has called on banks to bolster their risk management frameworks in order to avoid being overwhelmed by AI-powered fraudsters and cybercriminals.

Shares in stablecoin issuer Circle soared by more than 150% on its New York Stock Exchange debut.

Hong Kong’s financial regulator is poised to give the green light to the first batch of bitcoin spot ETFs.

Finextra Research has launched its new market intelligence and financial search engine, Finextra Pro.

Two investment banks have made what they claim is the first over-the-counter options trade involving cryptocurrencies.

Singapore’s central bank is to commit up to $150 million to support startups developing innovative financial technologies over the next three years.

The fintech market is returning to some sense of normality in terms of valuations after a period in which it “largely lost its head”, according to a leading investor.

BlackRock is to acquire private market data firm Preqin for £2.55 billion in an all-cash deal expected to close before year end.