FCA warns against Marketier Holdings (trading as Stox Market) firm LeapRate

June 13, 2017 BY Valentina Kirilova

FCA warns against Marketier Holdings (trading as Stox Market) 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 firm Marketier Holdings. Italy’s Consob and Canadian securities regulator BCSC have already warned against this company. Marketier Holdings is not authorised by the FCA but has been…

June 13, 2017 BY Valentina Kirilova

Toronto Stock Exchange and TSX Venture Exchange expand to Israel

Yossi Boker to lead business development in key market Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today announced Canada's leading equity markets have expanded into Israel. This move will focus on strengthening relationships with the Israeli business community and exploring new opportunities as part of the Exchanges' international growth strategy. We are very…

June 13, 2017 BY Valentina Kirilova

ASIC disqualifies Director of distribution business

Peter Thomas Gillam of Kallangur, Queensland has been disqualified by ASIC from managing corporations for four years. Mr Gillam's disqualification follows the appointment of liquidators to four companies he managed: Alliance Merchandising Pty Ltd ACN 126 232 362 (AM); Alliance Sales and Merchandising Pty Ltd ACN 165 041 378 (ASM); PBL Distributors Pty Ltd ACN…

June 13, 2017 BY LeapRate Staff

Gulf investors iNet, Hayaat Group and UAE Exchange lead Series A round for Blockchain loyalty program developer Loyyal

Loyyal, a blockchain innovator building a global loyalty network, has announced it has closed a Series A capital raise led by Integrated Networks (iNet) with participants including UAE Exchange, Hayaat Group, Day One Investments, and other international investors. Hayaat Group is an early investor and led the Loyyal Series Seed capital raise. The company will…

June 13, 2017 BY LeapRate Staff

CIMB Securities hires Saxo Bank's Andrew Leelarthaepin as Head of Foreign Exchange

LeapRate has learned that Kuala Lumpur, Malaysia based commercial bank CIMB Group Holdings Bhd (KLSE:CIMB) has hired Andrew Leelarthaepin as Head of Foreign Exchange for its CIMB Securities unit. Mr. Leelarthaepin joins CIMB from Saxo Bank, where he was Director - Institutional API Sales, Asia Pacific for the past three years. He will continue to be based in Singapore,…

June 12, 2017 BY admin

Compliance.ai launches AI-powered financial regulatory platform

Compliance.ai today announced the launch of its AI-powered financial regulatory platform giving users immediate access to a comprehensive collection of regulatory insights, trends and content. Compliance.ai’s SMART platform is the first SaaS based, self-service solution to provide financial organizations the power to Search, Monitor, Access, Research and Track regulatory content, in real-time. Compliance.ai’s proprietary machine learning…

June 12, 2017 BY LeapRate Staff

Mobile Payment Systems for Startups

The following guest post is courtesy of Luis Aureliano, a business writer and financial analyst. With over 15 years of experience in global finance and an MBA in economics and management, Luis’s areas of expertise include business, marketing, communications, personal finance, macro economics, stocks and emerging markets. As an entrepreneur you have 101 things to…

ayondo Ltd to sell UK subsidiary ayondo markets to FinTech BUX Holding

June 12, 2017 BY Valentina Kirilova

Wecast purchases 51% of NextGen, former Nasdaq Executive joins as Executive Chairman

Wecast Network, Inc. (NASDAQ: WCST), announced today that it has acquired 51% of NextGen Exchange Group (NextGen), the first Blockchain- and Big Data-enabled index exchange, which will reside and operate under Wecast Network's Wecast Services Group (WSG) and become an essential component of Wecast's Transactional Finance Product Cloud business. WCST will pay no monetary or…

June 12, 2017 BY Valentina Kirilova

More banks to join Zelle through Fiserv partnership with Early Warning

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced today that multiple banks and credit unions will join the Zelle Network℠ through Turnkey Service for Zelle℠ from Fiserv, allowing consumers to make fast person-to-person (P2P) payments directly from their online banking sites and mobile banking apps. This is the second Zelle…

June 12, 2017 BY Valentina Kirilova

LiquidityBook hires Nicholas Thompson from Eze Software for EMEA client coverage

LiquidityBook today announced the addition of Nicholas Thompson as Manager, Client Services - EMEA, with demand for its POEMS (portfolio, order and execution management system) platform surging among European fund managers. Mr. Thompson will be responsible for leading the firm’s London team and overseeing all service and deployment aspects for its expanding client base in…