Category: Fintech

Eurex ESG
September 17, 2024 BY Sam Boughedda

Eurex Clearing to Participate in Project Agorá to Explore Tokenization

The project, launched by the Bank for International Settlements (BIS), a group of leading central banks, and the Institute of International Finance (IIF), aims to explore how tokenisation can enhance wholesale cross-border payments. Project Agorá, which means "marketplace" in Greek, brings together seven central banks and a group of private financial firms to investigate the…

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September 13, 2024 BY Sam Boughedda

Digital Nomads Neobank bunq to Nearly Double Headcount in 2024

Bunq is a Dutch fintech and neobank licensed in the Netherlands. It operates in 30 European countries and is aiming to become the world's first global neobank for digital nomads. The company explained in a press release that its ambitious growth strategy is driven by the increasing number of individuals embracing location-independent lifestyles. As part…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 10, 2024 BY Sam Boughedda

Wise Platform Joins ABX Platform as Newest Payment Partner

Wise Platform, Wise's global payments infrastructure for banks and global enterprises, provides banks, financial institutions, and global enterprises with the capabilities, technology, and network to enable fast, secure, and cost-effective international payments for their customers. By joining the ABX Platform, it is said that Wise Platform will give AbbeyCross users access to faster, transparent, and…

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March 25, 2024 BY Elizabeth Anderson

China to Stop Using Intel and AMD Chips in Government Devices

The country also wants to sidestep Windows, Microsoft Corporation’s (MSFT) widely used operating system, and other internationally produced database software. The guidelines reportedly stipulated that all government bodies above the “township level” must adapt their procurement criteria to ensure that they acquire only “safe and reliable” microchips and software. In December 2023, China’s Ministry of…

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Broadridge
March 21, 2024 BY Simon Mugo

Broadridge Partners With Baader Bank AG on Regulatory Reporting

The partnership will see Baader Bank adopting Broadridge's advanced reporting platform to navigate the complex regulatory landscape of multiple jurisdictions, including MiFID, FinfraG, EMIR, and SFTR. Already a user of Broadridge's front and middle office solutions, Baader Bank provides its clients with diverse financial instruments, such as equities, bonds, derivatives, and ETFs. Ben Cooling, Broadridge's…

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Robinhood app on mobile
March 19, 2024 BY Simon Mugo

Robinhood Launches UK Operations Without Margin Trading

A Robinhood spokesperson told Reuters that margin trading was temporarily halted while ongoing discussions with regulatory authorities occur. Margin trading, which provides traders with leverage to amplify their market positions, carries a high risk due to the potential for significant losses if markets turn adverse. Initially, Robinhood had a webpage for its UK audience detailing…

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Fintech
January 22, 2024 BY Elizabeth Anderson

Kaspi.kz’s lukewarm market debut confirms investor caution

The Kazakhstan native’s shares topped the IPO price with 0.5%, giving the banking and fintech leader a value of $17.51bn. On the London Stock Exchange (LSE), where the company already trades, it has a value of over $19bn. On Thursday, 18 January 2024, a day before the company went public, investors increased their offering to…

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January 18, 2024 BY Simon Mugo

MetaTrader 5’s Latest Build Adds Machine Learning, Improves Reporting

A vital feature of this update is the ability for users to export trading reports in both HTML and PDF formats directly from the platform. This enhancement allows traders to conveniently share their performance with peers and investors, utilising new export options in both the File and report menus. MT5 has also introduced the functionality…

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