17% of US Investors Trust AI, 53% Trust Financial Institutions in UK: eToro and Nasdaq
New research from eToro, conducted in partnership with Nasdaq, has revealed notable differences between US and UK retail investors regarding their motivations, openness, and investment habits. The study, which surveyed…
Identity Fraud in the Age of AI: Account Takeover Scams Soar 250%
Identity fraud is no longer a localized nuisance but has become a global epidemic due to accessible AI tools and sophisticated fraud networks. This has enabled even amateur criminals to…
Mastercard Aims to Replace Numbers and Passwords with Biometrics by 2030
Mastercard has announced plans to transform online shopping by 2030. The company aims to eliminate the need for physical card numbers and passwords, instead using biometric authentication to secure transactions.…
IC Markets Continues Sponsoring Table Tennis
IC Markets, a popular contracts for differences (CFDs) broker, has renewed its partnership with World Table Tennis, extending it for the new series calendar through 2025. The partnership was initially…
Interactive Brokers Caught in Hong Kong’s $91M Trading Freeze
Hong Kong’s securities watchdog has frozen $91 million in assets across four brokerages, including US-based Interactive Brokers’ local unit, following suspected market manipulation and unauthorized trades through compromised accounts. SFC…
Interactive Brokers Caught in Hong Kong’s HK$91M Trading Freeze
Hong Kong’s securities watchdog has frozen HKD 91 million in assets across four brokerages, including US-based Interactive Brokers’ local unit, following suspected market manipulation and unauthorized trades through compromised accounts.…
Marex’s X-Change Financial Hit with $400,000 NFA Fine over Controls
The National Futures Association (NFA) has imposed a $400,000 fine on X-Change Financial Access (XFA), part of Marex, and suspended one of its executives from supervisory duties, following an investigation…
Why Traders Lose Money and How Broker-Backed Prop Firms Are Changing the Game
It also highlights the benefits of broker-backed prop firms in the still new industry. In a recent interview with Prop For Match, David Varga, CEO and Co-Founder of Fintokei, shed…
Revolut Maps $100 Billion Revenue Target With US Banking Pivot
Revolut is eyeing a renewed effort to secure a US banking license, marking a strategic shift in its approach to regulatory compliance and market expansion. Speaking at an investor conference…
CMC Markets Initiates Client Onboarding with Revolut: H1 Trading Revenue Up 50%
The trading revenue of CMC Markets (LON: CMCX) in the six months between April and September 2024 increased by 50 per cent to ยฃ131.3 million. It also confirmed that client…
