The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Evefx. 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 to scam…
Read moreOne of the most famous and prominent business people in the world has just slammed Bitcoin. Jack Ma, the founder of Alibaba and the fintech company Ant Financial, has officially said that Bitcoin is a bubble. Ma now stands in line with many business leaders who have designated Bitcoin as a bubble and as a…
Read moreThe U.S. Securities and Exchange Commission (SEC) has announced that it has charged a credit ratings agency employee with tipping two friends about The Sherwin-Williams Co.’s confidential plans to acquire The Valspar Corp., which he learned of through his work. The SEC also charged the two friends with trading on the illicit tips, which reaped…
Read moreFiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that financial institutions now have a streamlined option to address the Financial Accounting Standards Board’s (FASB) pending Current Expected Credit Loss (CECL) standard. Prologue™ Credit Loss Manager and its risk modeling tools are now available in a SaaS version hosted in…
Read moreAuthorised push payment (APP) fraud is where a fraudster tricks an individual consumer or micro business to instruct their payment services provider (PSP), such as their bank, to send money from their account to an account controlled by that fraudster. UK Finance data on APP fraud show there were 43,875 cases of APP fraud and…
Read moreThe Spanish Stock Exchange (BME) has just announced that the Board of Directors of MAB has approved the listing of Unica Real-estate Socimi, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee. The company, the eighth…
Read moreHyannis Port Research (HPR), provider of advanced capital markets infrastructure (CMI) technologies, has just announced the expansion of its market access platform to include support for the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects. HPR’s platform includes its two pre-trade risk products for low latency market access: Riskbot® and Softbot®. Both provide over 50 highly…
Read moreEstonia-based provider of high-grade technology solutions for forex brokers Brokeree Solutions has announced the release of new additions to its portfolio of MetaTrader 5 products: PAMM (Percent Allocation Management Module), Bonus Manager plugin, and Extended Dealing plugin. The company has been developing tech solutions for MT4 brokers since 2013. Nowadays, as the market leans towards MT5, Brokeree is…
Read moreThe Disciplinary Committee of Nasdaq Stockholm has found that Wifog Holding AB has breached Nasdaq First North’s regulations (the Rulebook) and, accordingly, ordered Wifog to pay a fine amounting to four annual fees, corresponding to an amount of SEK 293,394 (33,100 US dollars). The Disciplinary Committee has concluded that Wifog has acted in breach of…
Read moreAbu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority have announced that they have signed a co-operation agreement today to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the United Arab Emirates (UAE). With this agreement, ADGM…
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