CME Group
August 21, 2025 BY Sam Boughedda

CME Group and FanDuel Announce Joint Venture, Partner to Launch Event Contracts Platform

The partnership will combine CME Group’s experience in developing regulated markets with FanDuel’s large online gaming customer base.  The companies plan to introduce fully funded, event-based contracts with defined risk, allowing individuals to take “yes” or “no” positions on a variety of financial benchmarks for as little as $1. The new products, expected to launch…

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Brokeree Solutions releases major update to Ratings Module
August 20, 2025 BY Sam Boughedda

EAERA Integrates Brokeree’s Social Trading to Enhance Broker Efficiency

Brokeree said in a press release on Wednesday that the integration introduces new tools that allow brokers to monitor copy trading performance, including leader and follower activity and trading volumes, directly from EAERA’s CRM dashboards.  The visibility is designed to help firms tailor services using real-time trading data while improving efficiency across operations. “Our integration…

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August 20, 2025 BY Sam Boughedda

Nuvei and Zuora Partner to Expand Global Subscription Payments

The company explained that the partnership combines Zuora’s monetisation platform with Nuvei’s global acquiring network, local payment support and real-time transaction optimisation.  The integration is designed to streamline recurring payments, boost authorisation rates and simplify international expansion without the need for multiple local integrations or separate PSP arrangements. The announcement comes amid rapid growth in…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
August 20, 2025 BY Sam Boughedda

Broadridge Acquires Signal to Boost Digital Capabilities in the UK and Europe

The acquisition is expected to enhance Broadridge’s ability to serve clients in the UK and Europe, complementing its existing communications solutions in North America. “This is an important step toward globalising Broadridge’s digital communications solutions to better serve our clients with operations outside North America,” said Mike Sleightholme, President of Broadridge International.  “The combination of…

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August 20, 2025 BY Sam Boughedda

FIS Unveils Automated Reconciliation Service for Capital Markets

Reconciliation plays a crucial role in ensuring the accuracy of records across internal systems and external counterparties such as banks and brokers.  FIS said its new service aims to improve efficiency, reduce errors and bring greater consistency to back-office operations. “Timely, accurate data – and the insights capital markets participants can extract from it –…

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August 20, 2025 BY Sam Boughedda

XS.com Granted License From the Financial Services Commission (FSC) in Mauritius

The new authorisation provides the multi-asset broker with a licensed entity in Mauritius, strengthening its ability to serve clients worldwide.  XS.com, founded in Australia in 2010, said the move underlines its commitment to compliance and high-quality service as it scales its global operations. Mohamad Ibrahim, Group Chief Executive Officer at XS.com, said: “We are excited…

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August 19, 2025 BY Sam Boughedda

eToro Says 85% of UAE Retail Investors Back Local Stocks

The broker said that the study, based on responses from 1,000 investors in the country, found that 39% of retail participants hold Abu Dhabi equities, 28% hold Dubai equities, and 18% invest in both.  The findings are said to underscore the broad support for homegrown markets. When it comes to the UAE economy, eToro said…

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Stripe obtains $600M funding at $95B valuation
August 19, 2025 BY Sam Boughedda

Payoneer and Stripe Partner to Boost Online Checkout for SMBs

The company said its upgraded Payoneer Checkout, powered by Stripe’s technology, will initially launch in key Asia-Pacific markets, including China and Hong Kong.  It will enable merchants to accept a broader range of payment methods, from Buy Now Pay Later (BNPL) services such as Affirm and Klarna to digital wallets including Apple Pay and Google…

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Hong Kong SFC
August 19, 2025 BY Sam Boughedda

SFC Fines and Bans Zhu Hong Over Fund Management Failures

The ban runs from August 16, 2025, to August 15, 2026.  Zhu, a substantial shareholder, director and former manager-in-charge (MIC) of Kylin, was found to have breached her duties between August 2018 and July 2021, when the company acted as investment manager and consultant to sub-funds of a Cayman-incorporated vehicle. At the time, Zhu was…

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