SafeCharge launches Reconciliation Manager for revenue control optimisation LeapRate

February 06, 2018 BY Valentina Kirilova

SafeCharge launches Reconciliation Manager for revenue control optimisation

Payments technology company SafeCharge (LON: SCH) informed that it has today at ICE 2018, launched SafeCharge Reconciliation Manager, a new solution for businesses to automate the matching of transactions across all their payment service providers, merchant platforms and banks. By consolidating and automating the reconciliation process with SafeCharge Reconciliation Manager, businesses in any industry can…

February 06, 2018 BY Valentina Kirilova

Klarna partners with London College of Fashion

European payments provider, Klarna, has announced a UK partnership with London College of Fashion, UAL, in an exciting initiative to support the next generation of talent at the intersection of fashion and technology. Fashion is now the UK’s largest online retail market segment, worth around £10.1bn, and this growth is only set to continue. By…

February 06, 2018 BY Valentina Kirilova

Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) announced that they will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year. The trading link will allow investors to trade and settle shares listed on…

February 06, 2018 BY Valentina Kirilova

Canadian regulators call for Google to ban all Binary Options ads

The Times of Israel is reporting that the Canadian financial regulator overseeing Binary Options has explained to Google how the advertising enables scammers to find victims and has asked it to follow Facebook's lead in barring the ads. On January 30, Facebook announced that it was banning all advertising for binary options, cryptocurrencies and initial…

February 06, 2018 BY Valentina Kirilova

FCA warns against Blackthorn Wealth Advisory 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 Blackthorn Wealth Advisory. Blackthorn Wealth Advisory is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

February 06, 2018 BY Valentina Kirilova

France regulator AMF clarifies its expectations for crowdfunding

Through their Joint Unit, the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) just informed that they wish to enhance crowdfunders’ protection. They have decided to publish a position on the procedure for default rates calculation, a recommendation on the platforms run-off management and a position on the…

February 06, 2018 BY Valentina Kirilova

Wedbush Securities fined $1.5 million for customer fund protection issues

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Wedbush Securities Inc. $1.5 million for violating the Securities and Exchange Commission’s (SEC) Customer Protection and Net Capital Rules, and for related supervisory and books and records failures. The SEC Customer Protection Rule creates requirements to protect customers' funds and securities. To ensure…

TechFinancials sells its holding in MarketFinancials to Proverial Ltd

February 06, 2018 BY LeapRate Staff

TechFinancials cancels sale of OptionFair and Binary Options holdings

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has cancelled the planned sale of its Binary Options holdings, after the buyers were unable to secure the necessary regulatory approvals for the deal by a self-imposed deadline of January 31, 2018. As we reported in late November, TechFinancials came to an…

February 06, 2018 BY Valentina Kirilova

Fullerton Markets adds Bitcoin funding of client accounts

Fullerton Markets today announced the acceptance of Bitcoin as a new funding method for client deposits. Mario Singh, CEO of Fullerton Markets, commented: We have had loads of requests over the last couple of months to integrate a payment processor which accepts Bitcoin. Interestingly enough, the requests have not dropped despite Bitcoin falling over 50%…

February 06, 2018 BY Mariela Naydenova

Cryptos are dying, blockchain is thriving

Bitcoin hit another low this morning, trading at $7,400 per coin according to major exchanges. It seems that when Bitcoin is going down, almost all altcoins are also plunging. After India and China went against Bitcoin, and with the recent news that major banks such as JPMorgan, Lloyds Banking Group and more, are banning Bitcoin…