DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects
Royal Bank of Canada and Bank of Montreal are latest North American banks trying to offload a payments processor
Boss Nik Storonsky is hoping that a US banking licence and an IPO will sustain fintech’s breakneck growth
The FT’s seventh annual ranking by compound annual revenue growth. Plus: how listed companies overcome obstacles; AI and defence start-ups dominate investment; the US and China in Latin America; and technology shakes up Canadian wealth management
Advances in digital tools are bringing services once limited to the ultra-wealthy to more customers
Caution by co-founder of Aspect hedge fund follows billionaire Cliff Asness’s decision to ‘surrender’ to the machines
Money, it’s a gas. Grab that cash with both hands and make a stash
Start-up Stratiphy is the first to offer both crypto ETNs and Innovative Finance Isas
Bumper IPO would trigger increased stake for founder Nik Storonsky but group has no plans to float shares before 2028
Company code-named Project Prometheus is working on models for industrial applications
Tokenisation is taking hold in areas including money, bonds, gold, funds, real estate and private equity
Payments scheme pushes for ‘co-badging’ that allows French bank cards to run on both international and local networks
The technologist and investor argues recent progress in AI is an industrial revolution-scale event but warns the ability of the bigger players to raise ‘cheap money’ is time-limited
And who actually uses crypto?
The 2026 ranking of fast growing companies in the Asia-Pacific region. Plus: Indian winemakers face change; Chinese AI experts return from US; the biggest threat to China’s champions; ticket fees donated to charities; Singapore listings remain scarce
Because what is this, 2014?
Wise announced plans to roll out current accounts following Klarna’s pivot to become a full-service bank last year
Loss equates to about half of total US dollar value on deposit with platform popular for trading perpetual derivatives
Competition watchdog singles out advertisements suggesting customers could trade with no commission
Higher account fees would reduce exposure to interest rates for old-school lenders
MPs on Treasury committee reveal bank’s software update caused March incident
Banks, fintechs and insurers choose the capital for its rich mix of professional services and regulators
Executives are touting the ability of real-time, blockchain-based settlement to transform trading and investment
Fintech, where Peter Mandelson and Harvey Schwartz were board members, is given £2mn penalty by Bank of England
Results underline fintech’s improving fortunes after clinching full UK banking licence