PayPal has been getting up to speed with blockchain lately. The online payments giant has officially made its first investment in the blockchain “world”. The company has joined the Series A funding of a blockchain-based company that helps its clients (namely financial institutions and different corporations) with managing sensitive data – all through blockchain. According…
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Aviva Ventures and Sesame Bankhall Group (SGB) have partnered to create a blockchain-based protection platform, called Acre Software. The startup is backed by £5 million in seed funding from the two companies. Acre is actually a new generation insurance and mortgage platform that has been supported by Aviva and Sesame with the goal of revolutionizing the mortgage market.…
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Online gaming and financial trading giant Playtech PLC (LON:PTEC) has made the first purchases of its own shares in the open market back in 2016, following its announcement that the company will buy back up to €50 million (USD $54 million) of its own shares. On 04 March 2019 the company purchased a total of 239,482…
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Multibank FX aggregation service FXSpotStream started 2019 with a record - January 2019 was FXSpotStream’s best month ever at $38.37 billion ADV - and by a wide margin. ADV volumes came at $34,835 in February, down 9.2% MoM, but up 21% YoY. With 21 trading days in March, ADV was $37,755 - up 8.4% MoM and…
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White label trading education provider TraducationFX has announced that it has just launched a white label market research articles service. Updates are added five days a week and will cover both financial news and technical analysis of the Forex and Crypto markets. So far the articles are available in English, but more languages are coming…
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Last Friday President Donald J Trump said there is a ‘good likelihood’ he will close border this week if Mexico does not stop immigrants from reaching US. Apart from the obvious issues like millions of legal border crossings disruption, a complete shutdown would disturb billions of dollars in trade, about $137bn of which is in…
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Institutional trading and portfolio management systems provider TORA has just announced that it has implemented its Order and Execution Management System (OEMS) and Portfolio Management System (PMS) at Systematic Investment Management AG (SIMAG) based in Zurich. TORA has recently launched its TORA Rebalancing tool, which helps asset managers reduce risk and improve workflow efficiencies around…
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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 Bellsouth Capital Partners. Bellsouth Capital Partners is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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After announcing a number of changes to its Board earlier today, the global provider of online trading CMC Markets Plc (NYSE:CMC) has issued a trading update for the financial year to 31 March 2019 (FY 2019). CMC expects to report its Full Year Results for FY 2019 on 6 June 2019. Overall performance in FY…
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The privacy network Loki has earlier today announced that it has become Australia’s first privacy software not-for-profit organisation. Loki was registered as the LAG Foundation Ltd with the Australian Charities and Not-for-profits Commission (ACNC). The network's aim is to allow users to transact and communicate privately and anonymously over the internet. Using blockchain technology, Loki supports…
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