March 30, 2018 BY Valentina Kirilova

IIFM teams up with World Gold Council, improve access to gold market for Islamic investors

On 28 March, the International Islamic Financial Market (IIFM) and World Gold Council have led the IIFM-WGC Industry Consultative Meeting on Gold Documentation and Products Standardisation in Istanbul, Turkey. The meeting was hosted by Borsa İstanbul and organized by the Islamic Finance Directorate. The meeting assessed current market practices with respect to identified gold related…

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March 30, 2018 BY Valentina Kirilova

Barclays pays $2 billion to settle a civil action

The United States has reached an agreement with Barclays Capital, Inc. and several of its affiliates (together, Barclays) to settle a civil action filed in December 2016 in which the United States sought civil penalties for alleged conduct related to Barclays’ underwriting and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007. Barclays will…

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March 30, 2018 BY Valentina Kirilova

How profitable are the world’s top crypto exchanges?

The top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit, according to Bloomberg calculations. Considering that cryptocurrency did not even exist until 2009, profit at that level is absolutely astonishing compared to the historical development of other industries. It is easy enough to understand how cryptocurrency exchanges make…

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March 30, 2018 BY Valentina Kirilova

FINRA helps consumers to organize personal finances

Sharing sensitive information can pose potential privacy and security risks The Financial Industry Regulatory Authority (FINRA) announced that it has issued an Investor Alert to help consumers consider the risks of sharing personal financial account information and other sensitive information with data aggregators. Companies that offer financial data aggregation services put information about financial holdings…

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March 30, 2018 BY Valentina Kirilova

FCA warns against Verge Finance Private Lending firm

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 Verge Finance Private Lending. Verge Finance Private Lending is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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March 30, 2018 BY Valentina Kirilova

RSA teams up with Radiflow's technology partner ecosystem

Radiflow, a provider of industrial cybersecurity solutions for critical infrastructure, has announced that RSA, a global cybersecurity firm delivering Business-Driven Security™ solutions, has joined the company’s technology partner ecosystem. Radiflow’s technology partner ecosystem consists of a growing network of complementary cybersecurity products and technologies that extend the capabilities of the company’s industrial cybersecurity solutions. The…

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March 29, 2018 BY Valentina Kirilova

Crypto banks Coinsuper and BitUN partner, to connect platforms

Coinsuper, Hong Kong's crypto banking & asset exchange expert, and BitUN, a private bank of blockchain assets, have just announced that they have made a strategic partnership agreement. Coinsuper and BitUN will join forces to strengthen long-term cooperation across all trading and customer services, and integrate both parties' advantages on technology, products & services, platform…

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March 29, 2018 BY Valentina Kirilova

Broadridge buys ActivePath, enhances platform to help clients accelerate digital adoption

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech firm, announced that it has completed the acquisition of ActivePath, an Israeli-based digital technology company. ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications. ActivePath extends Broadridge’s ability to transform and accelerate the pace of digital adoption, further strengthening Broadridge’s Governance and…

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March 29, 2018 BY Valentina Kirilova

Intercontinental Exchange releases annual Corporate Responsibility Report

Intercontinental Exchange (NYSE:ICE), operator of global exchanges and clearing houses and provider of data and listings services, has released its annual Corporate Responsibility Report. The report is a comprehensive, 59-page overview of the company’s efforts to support the communities in which it operates, invest in its people, promote principles of good governance, and uphold its…

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