Nearly three-fourths of Americans (73%) unaware of key benefit provided by nonprofit credit card debt management plans More than half of Americans who have been in credit card debt (51%) have used some form of credit card debt relief, according to a recent online survey conducted by The Harris Poll on behalf of Money Management…
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Brokeree Solutions, the Estonia based provider of high-grade technology solutions for forex brokers, has announced that it is introducing a new innovative solution that enables FX brokers to improve their offering by adjusting incoming symbols and creating new ones. With Brokeree’s new MT5 Synthetic Symbols solution plugin, forex brokers can convert inconvenient measures into something more…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Orbit Investment Services. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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LeapRate Exclusive… LeapRate has learned via regulatory filings that FCA regulated Forex and CFD brokerage GCM Prime Ltd has seen a drop in Revenues and a virtual evaporation of all client money held at the company during 2017. On the top line, Revenues for 2017 at GCM Prime were down 25% to $2.1 million, versus an…
Read moreThe Securities and Exchange Commission (SEC) has announced that it has voted to adopt amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of other Commission disclosure requirements, U.S. Generally Accepted Accounting Principles (GAAP), or changes in the information environment. The amendments are intended to simplify and update the disclosure…
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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 Bora Bora Bank. Bora Bora Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Canada's Ombudsman for banking services and investments (OBSI) has once again reminded the public that binary options are highly risky and can leave investors with no protection. However, retail traders are still finding ways to deposit to Binary Options brokers after credit card ban. Key learnings: The sale of short-term binary options has been banned…
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Decentralized Vision, the blockchain company that developed the PumaPay PullPayment Protocol, has just announced its collaboration with Wix.com Ltd. Wix has chosen to add PumaPay’s PullPayment Protocol, a blockchain payment method, as one of its billing methods to Wix, which could enable its merchants to accept payments in PMA via their Wix websites. PumaPay and…
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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 365 Markets. 365 Markets is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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Following a strong comeback in the second half of 2017 which followed nearly two years of weak results, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has released its 1H-2018 financials indicating that activity slowed somewhat during the first six months of the year. Overall, Revenues at KVB Kunlun for the first six…
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