March 28, 2017 BY Valentina Kirilova

FCA warns against three new clone firms

The UK Financial Conduct Authority (FCA) has put out details of three new cloned firms: ReLoan UK, Pulse Finance, and Guaranteed Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details…

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March 28, 2017 BY Valentina Kirilova

Singapore and France bolster FinTech ties with cooperation agreements

The Monetary Authority of Singapore (MAS) announced that has signed cooperation agreements with the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) of France to enhance FinTech cooperation between both countries. The cooperation agreement provides a framework under which ACPR, AMF, and MAS will share information about emerging…

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March 28, 2017 BY Valentina Kirilova

ThinkMarkets partners with Neumob to cut latency on its Forex and CFD mobile trading app

ThinkMarkets, a global multi asset brokerage, just announced that has enhanced its ThinkTrader mobile trading app through the implementation of Neumob’s SDK, an app acceleration framework, to significantly reduce latency for global forex and CFD traders. Through the partnership, ThinkMarkets’ mobile app users will see a drastic change in the performance of the platform. Traders…

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fma warns against unregulated company
March 28, 2017 BY Valentina Kirilova

Italy regulator CONSOB warns against two new companies

Financial markets regulator the National Commission for Companies and the Stock Exchange (CONSOB) has forbidden (pursuant to art. 99, paragraph 1, letter d, of the Consolidated Law on Finance - CLF) offers to the public resident in Italy, for the purpose of investments of a financial nature, through the website www.profits25.com. The CONSOB also announced…

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March 27, 2017 BY Valentina Kirilova

MOEX and DCE announce new areas of cooperation in MOU

Moscow Exchange (MOEX) and Dalian Commodity Exchange (DCE) announced today that they have signed a Memorandum of Understanding (MOU), aimed at expanding the cooperation between the two exchanges in terms of information sharing, high-level visits, training and exchange programmes for staff, and other areas of business cooperation. Li Zhengqiang, Chairman of DCE, said during the…

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March 27, 2017 BY Valentina Kirilova

Moneyfarm announces partnership with Allianz Global Investors

Digital wealth manager Moneyfarm just launched a partnership with Allianz Global Investors which will provide access to an active wealth management solution at institutional cost to UK employees of Allianz companies. This follows Allianz’s strategic investment in Moneyfarm, which was announced in September 2016. In an industry and European first, the two organisations have developed…

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bitcoin perception
March 27, 2017 BY Valentina Kirilova

Alphavend installs second bitcoin ATM in London

Bitcoin ATM specialist, AlphaVend just announced the installation of its second London ATM, (the third nationally) strategically situated between Euston and Kings Cross underground stations. The UK’s independent high street provider of foreign exchange services will play host to the ATM which is located at the No1 Currency store, 128 Euston Road. Customers can buy…

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March 27, 2017 BY Valentina Kirilova

BT opens tech-packed showcase for financial services firms

Provider of network, cloud, and security services BT Global Services UK (LON: BT.A) just announced the opening of a new customer experience showcase for its financial industry clients. Located at its Adastral Park research and development hub in the UK, it demonstrates how digital innovations can be securely adopted throughout a financial services organisation to…

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March 27, 2017 BY Valentina Kirilova

Mizuho and Marubeni unite for Asean fintech partnership

Mizuho Financial Group, Inc., Mizuho Bank, Ltd., and Marubeni Corporation announced that have agreed to start exploring for opportunities to provide new financial services utilizing FinTech in the ASEAN region. As various new FinTech based financial services are recently being offered, the companies will explore opportunities to provide community-based financial businesses in the ASEAN region…

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