Category: Fintech

financial buildings
March 07, 2025 BY Sam Boughedda

American Express to Buy Software Firm Center

The move is said to be aimed at enhancing its corporate and small business payment solutions. The acquisition is expected to close in the second quarter of 2025. Center’s software integrates real-time expense tracking, automated accounting, and policy compliance tools, streamlining financial operations for businesses.  It is expected that American Express will combine the technology…

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March 05, 2025 BY Sam Boughedda

CAB Payments Appoints James Hopkinson as New CFO

Hopkinson joins the emerging markets-focused FX and payments provider immediately and will be appointed as an Executive Director pending regulatory approval. Hopkinson has over 25 years of experience in global banking, FX, and payments. He spent nearly two decades at Standard Chartered, working across Africa, Asia, and the UK, including as Global CFO of retail…

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brokeree solutions
March 03, 2025 BY Sam Boughedda

ForexVPS Integrates with Brokeree Solutions to Enhance Broker Services

The partnership is said to aim to provide brokers with enhanced hosting infrastructure and access to Brokeree’s flagship investment systems, including Social Trading, PAMM, and Prop Pulse. “This partnership provides premium hosting infrastructure, guaranteeing 99.99% uptime and around-the-clock expert support to ensure a seamless trading experience for brokers and their traders,” said Brokeree. The firm…

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Stripe obtains $600M funding at $95B valuation
February 28, 2025 BY Sam Boughedda

Stripe Total Payment Volume Hits $1.4T in 2024

The payments giant said in a press release that it now handles transactions equivalent to 1.3% of global GDP and is used by half of the Fortune 100, including major corporations such as NVIDIA, PepsiCo, and Comcast. In their annual letter, co-founders Patrick and John Collison attributed the company’s rapid expansion to its AI-driven payment…

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February 26, 2025 BY Sam Boughedda

Bank of Canada to Utilise Clearstream/TMS Group's Canadian Collateral Management Service

TMX and Clearstream said the CCMS, launched in 2024, optimises securities finance activities across the Canadian market, providing domestic tri-party repo capabilities to increase market liquidity.  It is also said to help unlock trapped collateral, improving mobility for repo transactions, securities lending, and margin requirements for derivatives. Bank of Canada Deputy Governor Toni Gravelle highlighted…

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Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution
February 24, 2025 BY Sam Boughedda

Nordnet AB Selects Broadridge Shareholder Disclosure Solution

It was revealed that the leading Nordic digital investment platform has been using Broadridge’s API-based solution since September 2024, ensuring compliance with shareholder identification requests while maintaining data security across Sweden and other European markets. “We are firmly committed to the advancement of shareholder democracy throughout the financial services industry,” said Quincy Curry, Director of…

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

Investor Communications Japan Expands Broadridge Partnership

It was revealed that ICJ, a joint venture between Broadridge and the Tokyo Stock Exchange, will integrate Broadridge’s JASDEC Processing Solution (JASDECPS) to manage proxy voting data, reducing administrative risks while strengthening security and efficiency.  The move is said to align with JASDEC2025, a major capital markets infrastructure upgrade set to go live in early…

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BNP Paribas and market maker GTS extend collaboration to US Equities
February 19, 2025 BY Sam Boughedda

Broadridge Partners With BNP Paribas’ Securities Services Business

The partnership aims to maximise asset recovery opportunities for BNP Paribas' clients by leveraging Broadridge’s proprietary technology and industry expertise. "As the Securities Services business of BNP Paribas, we are committed to delivering innovative and differentiating products to our clients," said Christian Houillon, Head of Custody Product for Securities Services at BNP Paribas.  "Broadridge brings…

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February 19, 2025 BY Sam Boughedda

Grupo Bolsa Mexicana de Valores Partners With IPC to Deploy Beeks Technology

The company said the collaboration will see the implementation of primary and disaster recovery sites in Mexico City, providing secure, low-latency co-location services.  The initiative, set to go live in the second half of 2025, is expected to enable market participants to host their operations directly on the platform, removing the need for proprietary infrastructure.…

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financial buildings
February 18, 2025 BY Sam Boughedda

Euroclear Announces US Treasury DVP Repo Service Launch

The first trade under the new service was completed on 6 February 2025 between Euroclear Bank and Toronto Dominion Bank London. The firm explained in a press release that the new solution offers cash lenders operational efficiency similar to triparty repo transactions, integrating electronic trading workflows for seamless collateral allocation.  Repo collateral will be held…

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