Current trends and pain-points in the KYC process and the on-boarding of customers
March 27, 2019 BY Valentina Kirilova

Current trends and pain-points in the KYC process and the on-boarding of customers

LeapRate Exclusive... As the technology landscape matures, so does the demand for adequate security measures. Consumers are demanding that information-collecting processes are less arduous and convenient, and corporates are answering. Just recently announced, IBM decided to streamline its KYC process by implementing blockchain technology to provide added efficiency for consumers to conduct interactions that require…

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sec whistleblower award
March 27, 2019 BY Valentina Kirilova

SEC awards a total of $50 million to two whistleblowers

The Securities and Exchange Commission (SEC) has yesterday awarded two whistleblowers a total of $50 million ($37 million and $13 million) for their high-quality information. LeapRate reminds that SEC gave away a record $61 million award to two whistleblowers for helping make the case that JPMorgan Chase & Co. (NYSE:JPM) back in 2017 and awarded $39 million to…

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Europe’s post-Merkel era: Part II
March 27, 2019 BY Valentina Kirilova

Europe’s post-Merkel era: Part II

The following article is courtesy of Retail FX broker Aetos Capital Group.  Part II (for Part I click here) Queen's rulings in finance weakened Data released by Eurostat shows that, in September 2018, unemployment rates in France, Italy and Spain were 9.3%, 10.1% and 14.9%, respectively, with the 3.4% unemployment in Germany, who highlights it as the…

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Europe’s post-Merkel era: Part II
March 26, 2019 BY Valentina Kirilova

Europe's post-Merkel era: Part I

The following article is courtesy of Retail FX broker Aetos Capital Group. Part I The dominoes in history On October 14, 2018, the state election was held in Bavaria, Germany's economic powerhouse and conservative stronghold, but it looked more like an "open execution" for the conservative governing coalition than a state campaign. The CSU, the…

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TradeStation Group launches investment education media service and trading community
March 26, 2019 BY Valentina Kirilova

Security Traders Association teams up with Knopman Marks on financial training

The Security Traders Association (STA) has just signed an agreement with financial licensing examinations training provider Knopman Marks Financial Training. Knopman Marks offers a training program for the Securities Industry Essentials (SIE) Exam, FINRA’s newest exam for securities industry professionals. The SIE exam results are valid for a period of 4 years and need to…

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clsnet
March 26, 2019 BY Valentina Kirilova

Swissquote completes acquisition of Internaxx Bank SA

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) announced that it has completed the acquisition of Internaxx Bank in Luxembourg after receiving regulatory approval from the European Central Bank and the CSSF (Commission de Surveillance du Secteur Financier) in Luxembourg. The €27.7 million purchase price includes goodwill of approximately 25% and is being…

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acquisition
March 26, 2019 BY Valentina Kirilova

Fiera Capital acquires Integrated Asset Management Corp.

Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) has announced earlier that it has entered into a definitive arrangement agreement with Fiera Capital Corporation (TSX:FSZ) last week. According to the agreement, Fiera Capital will acquire all of the outstanding common shares of IAM. Transaction Highlights: Total consideration to IAM shareholders of $74…

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JFD Bank launches JFD Trader platform in 2019: Interview with Head of Marketing Nikola Marinov
March 26, 2019 BY Valentina Kirilova

JFD Group rebrands, offers retail and institutional services under JFDBANK.com

JFD Group Ltd just announced that it has combined its retail and institutional services under the brand JFD Bank, making the website www.JFDBANK.com its new online hub for all current and future services offered by the FinTech group. The acquisition of the German-based investment bank last year helped JFD expand into different directions by offering digital asset management,…

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FCA warning
March 26, 2019 BY Valentina Kirilova

FCA warns against Stonehouse Consulting Group

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 Stonehouse Consulting Group. Stonehouse Consulting Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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