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Latest Results from /markets

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Robinhood rolls out prediction markets contracts

Robinhood has rolled out an in-app 'Predictions Hub', enabling customers to bet on the outcomes of world events.

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ABN Amro-owned neobroker fined €1.6m for paying finfluencers

BUX, the European neobroker owned by ABN Amro, has been fined €1.6 million by Dutch regulators for paying finfluencers, existing customers and comparison websites for introducing new customers.

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SIX to cut 150 jobs

Swiss exchange operator SIX is to axe 150 jobs as part of a three-year strategy to cut costs and boost profits.

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The Payments Association releases recommendations for UK growth in 2025 manifesto

The Payments Association has released its Payments Manifesto 2025, which calls for the UK government to implement 66 policies recommended by payments professionals.

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Behavox buys Mosaic Smart Data

AI insights company Behavox has acquired Mosaic Smart Data, a vendor that helps financial institutions extract actionable intelligence from their transaction data. Terms of the deal were not disclosed.

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UK fintech investment hits four-year low

A combination of geopolitical uncertainty, high inflation and low interest rates has seen investment in the UK's fintech industry slump to its lowest level since 2020.

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Euroclear and Digital Asset team on tokenised collateral mobility

Post trade body Euroclear and blockchain firm Digital Asset have launched the first phase of the tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN).

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SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).

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Bank of Ireland to cut jobs in efficiency drive

Bank of Ireland is set to reduce its headcount as part of a digitally-fuelled efficiency drive, according to its chief executive.

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Asia to dominate global fintech market – report

Asia could account for almost half of global fintech transactions by the end of the year as it continues to outpace other regions, according to recently published research.

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Crunchbase declares historical data dead; relaunches as AI-powered predictions engine

Crunchbase is getting an AI-powered makeover, moving away from historical company data towards predictive intelligence that it says will help users forecast with unerring accuracy how private firms are set to grow, what their funding rounds will look like, and future acquisitions.

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SEC creates Cyber and Emerging Technologies Unit

The US Securities and Exchange Commission has created a Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from hackers and the misuse of AI.