LSEG Risk Intelligence and Docusign Partner to Boost Digital Contract Security LeapRate

April 24, 2025 BY Sam Boughedda

LSEG Risk Intelligence and Docusign Partner to Boost Digital Contract Security

The move is aimed at boosting digital contract security and reducing fraud in the US market. The companies explained in a press release that the collaboration enables US-based users to instantly verify consumer and business bank account details while completing digital agreements, helping prevent fraudulent activity and reducing transaction errors. The functionality, now accessible through…

April 24, 2025 BY Sam Boughedda

WisdomTree Partners with Marex On Structured Products Linked to ETFs

The companies explained that the partnership will allow institutional investors to access tailored exposure to digital assets through Marex-issued structured notes, linked to WisdomTree’s ETPs. The products are said to offer varying levels of capital protection, yield enhancement, or leverage, depending on the investor’s risk profile. Dovile Silenskyte, Director of Digital Assets Research at WisdomTree,…

April 23, 2025 BY Sam Boughedda

StoneX's New York Precious Metals Vault Granted CME Registered Depository Status

The status enables it to store and deliver gold, silver, platinum, and palladium under COMEX and NYMEX contracts. Furthermore, the certification allows StoneX clients—including institutional traders, refiners, and bullion dealers—to make and take delivery of CME-eligible metals directly through the firm's facility, streamlining access to the exchange’s delivery network. The approval comes as physical metal…

April 23, 2025 BY Sam Boughedda

CME Group Fines TFS Derivatives $125,000

According to a disciplinary notice issued by the exchange, the violations occurred across various NYMEX Energy futures and spread markets between 6–31 March 2023 and 2–20 June 2023. TFS Derivatives neither admitted nor denied the findings but accepted the settlement terms. The NYMEX Business Conduct Committee reportedly found that TFS repeatedly reported block trades with…

April 23, 2025 BY Sam Boughedda

Argentex Confirms 'Advanced Discussions' with IFX Payments Regarding Takeover Proposal

In a statement, the currency risk management firm said it had received non-binding indicative proposals from three potential bidders: IFX Payments, Lumon Acquisitions (a Pollen Street Capital vehicle), and Terry Clune with Harry Adams. However, the Board has “unequivocally rejected” the proposals from Lumon and Clune/Adams, while it is continuing talks with IFX Payments over…

April 22, 2025 BY Sam Boughedda

Argentex Shares Suspended Amid Liquidity Concerns Driven by FX Volatility

The suspension of trading in the company's shares on AIM took effect from 07.30 a.m. today. Argentex said its exposure to a rapidly devaluing US dollar, driven by recent tariff and spending cut announcements from President Trump, had triggered a wave of margin calls linked to its FX forward and options positions. Argentex noted that…

April 22, 2025 BY Sam Boughedda

Fintel: Imogen Joss to Stand Down From Board

The company revealed that Tim Clarke, currently a Non-Executive Director and Chair of the Audit and Risk Committees, will take over as Senior Independent Director upon Joss’s resignation. The board added that it is nearing the conclusion of an external recruitment process to identify Joss’s successor. Fintel expects to make a formal appointment before the…

April 22, 2025 BY Sam Boughedda

Circle Announces New Payments Network

The firm explained in a press release that CPN is designed to connect banks, neo-banks, payment providers, virtual asset services, and digital wallets, offering real-time, low-cost, and transparent settlement of international transactions. Circle believes the initiative addresses longstanding inefficiencies in cross-border payments. “Despite improvements, cross-border payments can still take longer than one business day to…

April 21, 2025 BY Sam Boughedda

Global Payments to Divest Issuer Solutions Business to FIS, Acquire Worldpay

The move is expected to position Global Payments as a leading pure-play merchant solutions provider, with expanded global scale and capabilities. The company expects to process $3.7 trillion in annual payment volume and serve over 6 million customers across 175 countries. "Today marks a defining day for Global Payments," said CEO Cameron Bready. "The acquisition…

April 18, 2025 BY Sam Boughedda

MoneyGram Partners with Plaid to Enhance Pay-by-Bank Services in the US

Announced on Thursday, the partnership allows MoneyGram users in the US to authenticate their bank accounts through Plaid’s financial network. The service is expected to improve the MoneyGram Online experience. It is expected to scale to additional markets later this year. “The MoneyGram network moves money for over 50 million customers each year, across nearly every…

Category: Financial Services