London Stock Exchange Group

Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI Investment
Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI Investment
March 11, 2024  |  artificial intelligence

Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve...

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M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
M&As, Alternative Funding Keep FinTechs Afloat Amid Ongoing Economic Shake-Up
August 21, 2023  |  Fintech Investments

The FinTech industry has experienced significant growth in recent years, but it is has not been immune to economic headwinds. In fact, rising interest rates,...

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UK Launches FinTech Fund Backed by Mastercard and Barclays
UK Launches FinTech Fund Backed by Mastercard and Barclays
August 16, 2023  |  Startups

The United Kingdom has taken a significant step to bolster its position as a global FinTech investment hub by launching a £1 billion investment fund,...

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Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
Open Banking Account Verification Builds the ‘Foundation’ for Fighting Fraud
March 29, 2023  |  Fraud Prevention

The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. “Open banking,...

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Today in FinTech: SoFi Snaps Up Technisys in Quest to Become One-Stop Financial Shop
Today in FinTech: SoFi Snaps Up Technisys in Quest to Become One-Stop Financial Shop
February 22, 2022  |  International

In today’s FinTech news, SoFi expands its banking services, while U.K. FinTech CEOs ask to overhaul regulations. London embedded finance startup Weavr raised funds, while...

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London Stock Exchange Group Closes $325M Deal for TORA
London Stock Exchange Group Closes $325M Deal for TORA
February 22, 2022  |  Acquisitions

The London Stock Exchange Group (LSEG) closed a $325 million all-cash acquisition deal for TORA, a single platform for execution, order and portfolio management system...

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Refinitiv’s Eikon Terminals Trigger Five-Hour Outage
Refinitiv’s Eikon Terminals Trigger Five-Hour Outage
April 08, 2021  |  Markets

Refinitiv, the data and trading provider owned by London Stock Exchange Group (LSEG), suffered a five-hour outage on Thursday (April 8) that took some of...

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London Stock Exchange Shares Slip On Integration Costs Of Refinitiv 
London Stock Exchange Shares Slip On Integration Costs Of Refinitiv 
March 05, 2021  |  Markets

Costs related to the integration of Refinitiv and the London Stock Exchange Group (LSEG)  likely “spooked” analysts, causing shares to fall Friday morning (March 5),...

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Refinitiv Expected To Merge With London Stock Exchange In $27B Deal
Refinitiv Expected To Merge With London Stock Exchange In $27B Deal
July 29, 2019  |  Partnerships / Acquisitions

The London Stock Exchange Group (LSE) has revealed that it is in discussions to acquire financial data analytics provider Refinitiv Holdings for $27 billion. The...

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