Skrill, a Paysafe Group Plc (LSE:PAYS) company, has launched a new brand for its instant banking solution: Rapid Transfer. Rapid Transfer allows consumers to upload funds to their digital wallet and make online payments instantly from their bank account without leaving a merchant’s website. Available in the UK, Germany, Austria, Italy, France, Hungary and Spain…
Read moreThe Securities and Exchange Commission has announced that Sarah G. ten Siethoff has been named Deputy Associate Director in the Division of Investment Management’s Rulemaking Office. As Deputy Associate Director, Ms. ten Siethoff will develop recommendations for rulemaking and other policy initiatives under the Investment Company and Investment Advisers Acts of 1940. Ms. ten Siethoff also…
Read morePayments and processing technologies and solutions provider Fiserv Inc (NASDAQ:FISV) has announced that RNC Genter Capital Management has selected Asset Manager Connect℠ from Fiserv to increase access to managed account sponsors and grow their client base. RNC Genter, based in Los Angeles, is a Securities and Exchange Commission (SEC) registered investment advisor (RIA) with over…
Read moreHong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read moreCBOE Vest Financial, an investment manager focused on target outcome investment strategies, has launched the CBOE Vest S&P 500 Buffer Protect Strategy Fund (BUIGX), the first mutual fund designed to provide investors with index-based buffer protection. The fund is designed to track the CBOE S&P 500 Buffer Protect Index Balanced Series (SPRO), providing a risk-managed investment that…
Read moreThe Ontario Securities Commission (OSC) has announced the membership of its new Seniors Expert Advisory Committee (SEAC). The SEAC advises OSC staff on securities-related policy and operational developments that impact older investors and will provide input on the OSC’s related education and outreach activities. OSC staff recognize the importance of consulting seniors’ experts who can provide…
Read moreEthernet network, cloud and hosting provider BSO has announced the launch of Mumbai Connect, an ultra low latency service that offers ultra-fast, flexible connectivity in/out of India to major global markets. Mumbai Connect addresses the growing demand from high frequency traders (HFTs) in India where high-frequency and algorithmic transactions have grown from single digits to about 40%…
Read moreDeutsche Börse has announced an unscheduled change to the DAX index. Following, the spin-off of Uniper SE from E.ON SE, an adjustment of the DAX index is required. On 12 September, Uniper SE will therefore be included in the DAX index for one day. This adjustment ensures the trackability of the index for investors. The…
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Shares of rival online broker IG Group also hit by CMC comments on low client trade values during
Read moreWestpac Banking Corporation (WBC:ASX) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following a customer complaint, Westpac notified ASIC that customers may have been incorrectly charged foreign transaction fees for Australian dollar transactions processed by overseas merchants. Because…
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