The global operator of electronic marketplaces also posted record trading volumes across a range of asset classes. Average daily volume (ADV) reached $2.5 trillion for the quarter, up 33.7% compared to the same period in 2024. The firm saw new quarterly ADV records in U.S. and European government bonds, mortgages, credit swaps, global repurchase agreements,…
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The global payments giant said it is aiming to bring digital currencies into the mainstream by enabling transactions from wallets to checkouts. The initiative is part of Mastercard’s broader strategy to integrate blockchain-based assets into traditional finance. The company has partnered with OKX and Nuvei to support stablecoin transactions across its network, allowing consumers to…
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The collaboration will integrate Broadridge’s data aggregation, reporting, and proprietary fund scoring capabilities into OneDigital’s national platform. This new partnership aims to streamline the retirement planning process, offering OneDigital’s advisors more time to assist clients with effective retirement programmes. Additionally, the firm’s home office will benefit from improved compliance oversight and advanced business intelligence tools.…
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The fine is for failing to disclose disciplinary history in key customer documentation, according to a Letter of Acceptance, Waiver, and Consent, published by FINRA. The violations relate to Regulus's failure to properly complete and update its Form CRS, a customer relationship summary mandated by the U.S. Securities and Exchange Commission (SEC) to promote transparency…
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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…
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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…
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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…
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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…
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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…
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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…
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