LeapRate Exclusive... LeapRate has learned that Silicon Valley based cloud-based eFX platform company Integral has made its second significant hire in as many months, adding Lars Olesen as the company's new Head of EMEA. Lars Olesen is currently working on a consulting basis, and will formally join Integral in November after completing garden leave. He…
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With the cryptocurrency boom, it is no wonder that the 2020 Olympic Games can have their own official digital payment, recognized by all participants and countries. The cryptocurrency that can make history is none other but Ripple. The person who has started a petition on Change.org is Ken Takahashi, a Japanese former professional baseball player.…
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The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) have just informed that they have today signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. The signing of this arrangement with ASIC advances our mutual interest…
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BME has just presented its three-year Strategic Plan to the market during its first Investor Day, aimed at diversifying its revenues, accelerating growth and maintaining shareholder profitability. New growth path supported by a solid management model, the strengthening of the business areas and inorganic growth The pillars of the new Plan are diversification and customer…
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FINCA International, in partnership with USAID's Partnering to Accelerate Entrepreneurship (PACE) Initiative, has announced the launch of FINCA Forward, an innovation platform facilitating collaboration between early-stage financial technology (fintech) enterprises and microfinance institutions supporting the world's poor. Through FINCA Forward, FINCA International embraces the vital role of small and growing fintech businesses in driving economic…
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Intercontinental Exchange, Inc. (NYSE:ICE) has announced it has acquired the remaining equity of MERSCORP Holding, Inc., owner of Mortgage Electronic Registrations Systems, Inc. (MERS). ICE has owned a majority equity interest in MERS since 2016. Price and terms of the transaction were not disclosed and will not be material to ICE’s earnings or have an…
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Continuing something of a disturbing trend over the past few months, data from FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) indicate that September was the company's slowest as far as trading volumes go looking back a number of years. GAIN Capital, which operates the Forex.com and City Index online retail trading brands, reported volumes of…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company WiseBanc. WiseBanc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Information giant Thomson Reuters (NYSE: TRI) has announced early tender results for its previously announced cash tender offer (the "Tender Offer") to purchase up to an aggregate principal amount of US$650 million (the “Maximum Amount”) of debt securities listed in the table below (collectively, the "Notes"). As more than the Maximum Amount of Notes was…
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Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has appointed Les Turner as Vice President, Investor Communication Solutions International. As part of a management role focused on operations and client service within Broadridge’s global proxy business, Turner will work closely with product, sales and account management teams. He is based in London and…
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