The Financial Conduct Authority (FCA) is planning to raise salaries for around 800 of its lowest-paid staff but scrap bonuses from next year, amid tensions at the regulator over pay. The City regulator on Tuesday said its lowest paid employees will receive average salary increases of £5,500, including performance-related pay. Staff who meet their performance
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Orca Money has raised 280,000 British pounds ($354,425) in a funding round led by TechStart NI; the UK company provides a comparison service for investors interested in P2P investments; the funding will primarily be used for development of Orca Retail, a financial media site which it plans to open in 2017. Source
There have been record levels of crypto scams over the last year. This is how the UK’s financial watchdog is responding.
Sam Bankman-Fried's FTX crypto exchange said it is not in talks to acquire Robinhood Markets Inc , after a report on Monday claimed the exchange was exploring such a deal.
A recent report from the EU Blockchain Observatory and Forum elaborates on many of the main questions currency surrounding DeFi.
Ant Financial announced at Money 20/20 a partnership with payment processor First Data and hardware provider Verifone; new move will expand scope of their wallet product, AliPay, into North America and Europe for wealthy Chinese travelers; AliPay has 450 million active users, totaling nearly 70% of the third party payment market in China. Source