Charles Schwab, a prominent name in investing and trading with $10.76 trillion in total client assets and 7.6 million daily average trades in Q2 2025, has expanded its list of securities available for overnight trading. Every trading day, at 8 p.m. ET, these extended + overnight session orders (EXTO) expire. Now, all Schwab retail clients
Bybit, recognized as the world’s second-largest cryptocurrency exchange by trading volume, has entered into a strategic partnership with Tether, the leading digital asset company and issuer of USD₮, the most widely used stablecoin globally. The collaboration focuses on accelerating cryptocurrency adoption in Brazil through a combination of institutional partnerships, sponsorship of major events, and expansive
A recent roundtable featuring Morgan Stanley leaders highlighted the extraordinary pace of AI innovation and the vast potential it holds for both businesses and investors. As artificial intelligence rapidly evolves, it is driving a new wave of investment and transformation across industries. Experts estimate AI could unlock up to $40 trillion in global operational efficiencies,
Splitit has joined forces with Samsung to introduce a groundbreaking installment payment feature within Samsung Wallet. This collaboration brings users the ability to make in-store purchases and pay over time, utilizing their existing credit cards directly at the point of sale. This marks a major milestone, as it’s the first time an installment option is
BMO has partnered with financial planning software provider Conquest Planning to introduce ‘My Financial Progress’, a new digital tool designed to help Canadians better manage and understand their finances. This feature is now accessible through BMO’s Mobile and Online Banking platforms and leverages Conquest’s advanced technology to deliver personalized financial guidance that adapts in real
PayPal has announced a groundbreaking global initiative—PayPal World—which brings together many of the world’s major digital wallets and payment systems on a unified platform. The launch begins with interoperability between PayPal and Venmo and includes partners representing close to two billion users worldwide. This strategic move aims to revolutionize how people send money, shop both
Following a formal evaluation by Standard & Poor’s (S&P), a well-known credit rating agency with a stable outlook, Fidelidade – Companhia de Seguros, S.A. and its reinsurance branch, Fidelidade RE – Companhia de Resseguros, S.A., were given long-term Issuer Credit Ratings (ICR) and Financial Strength Ratings (FSR) of ‘A’. This rating reflects S\&P’s confidence in
Receive, a fintech startup focused on expanding financial access for small and medium-sized businesses, has officially emerged from stealth mode with the announcement of its latest milestone. With the help of further debt financing, the company announced that it has raised its total funding to approximately 7.1 million dollars, including a $4 million startup funding
Finlens, a new AI-powered solution for accounting, has officially launched, aiming to streamline financial processes for startups and accounting firms alike. Backed by Y Combinator and Accel, Finlens positions itself as a tool designed specifically for founders and financial professionals who seek faster month-end closes, real-time financial visibility, and accurate bookkeeping without the usual spreadsheet
Georgia-Pacific has officially announced a significant capital investment in its Englehart OSB (Oriented Strand Board) mill, located in Ontario, marking a major step in the facility’s ongoing growth and modernization. The company plans to invest approximately $140 million USD, equivalent to around $191 million CAD, to upgrade the mill’s infrastructure. This investment will be directed
Lloyds Banking Group is now in the advanced stages of talks to acquire Curve, a well-known financial technology company. The deal, according to sources cited by Sky News, could close as soon as September 2025. The estimated value of the transaction stands at around £120 million. Curve is a strategic addition that Lloyds believes would
Eltropy’s Video Banking solution is transforming how community financial institutions (CFIs) deliver services by enabling secure, face-to-face banking through any digital device. This technology effectively turns smartphones, tablets, and computers into virtual branches, allowing CFIs to offer personal banking experiences remotely while maintaining the human touch that customers expect. The rollout of this platform follows
