Additionally, the defendants misappropriated substantial amounts of the remaining customer funds by sending it to accounts in Alexandre’s name. He used the money to pay other customers in a Ponzi-like scheme, and for his personal expenses. He used client money to make payments to BMW, Mercedes Benz, and Saks Fifth Avenue. He also paid with…
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Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe, said: Playtech is an exciting global gaming brand committed to offering its operators a frictionless payments experience. We’ve seen great success in the roll-out of our collaboration across multiple US state markets and are delighted to be extending this into the UK and Europe via…
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The “Share my screen” scam According to the FCA, the scammers are targeting people between the age of 18 and 70. The regulator explained that the scammers gain control of the victim’s computer with screen-sharing software in order to steal information or access the financial accounts. The potential victims are usually contacted “out of the…
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According to the report, the closed sales figure for the third quarter came in at $58 million, registering a jump of 33% from the $43 million in FY 2021. On year-to-date basis, closed sales rose by 42%. The diluted earning per share (EPS) increased to $1.49 by 6% from $1.40. Adjusted EPS in Q3 were…
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David Albertazzi, Director, Retail Banking & Payments at Aite-Novarica Group, said: The efficacy of financial technology providers is now gauged not just by the strength of their individual solutions, but by the breadth and openness of the ecosystems they provide – by how easy they make it for clients to tap into an array of…
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Eventus CEO Travis Schwab said: We’re incredibly honored that FTX.COM has placed its full confidence in our platform after experiencing first-hand its power and versatility for meeting compliance and regulatory goals. The exchange has made abundantly clear the importance of a fulsome trade surveillance program to its overall mission, and we’re particularly pleased that FTX…
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Gregor Pottmeyer, the Chief Financial Officer of Deutsche Börse AG, said: The first quarter of 2022 was considerably above our expectations. All three growth components of our business, secular, cyclical and M&A net revenue growth, contributed equally to the extraordinarily good result. We are, therefore, currently expecting to exceed our guidance for the current financial…
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Elon Musk commented: Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the…
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The raised funds will allow F10 to grow its current hubs in Europe and Asia and expand into new geographies. F10 corporate partners will have early access to startups selected across all global programs. They will also be able to benefit from the growing global network of partners, startups, and investors, as well as increased…
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The administrators Stephen Graham Longley and Craig David Crosbie, informed ASIC that most of Dixon Advisory’s clients have transitioned to alternate financial services providers. The AFS licence suspension allows the company to continue its operation until 9 May 2022 so that its existing clients can move to alternative providers. Earlier in April, ASIC took action…
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