Clearstream Launches a Digital Solution for Private Market Fund Processing LeapRate

June 18, 2025 BY Sam Boughedda

Clearstream Launches a Digital Solution for Private Market Fund Processing

Built on the blockchain-based FundsDLT platform and integrated with Clearstream’s existing Vestima system, the company said the solution is being piloted with selected clients before a broader rollout. It is said to target long-standing inefficiencies in private market fund distribution by automating key processes and enhancing transparency across the value chain. According to Clearstream, the…

June 17, 2025 BY Sam Boughedda

BNP Paribas Securities Fined $600,000 By Nasdaq Phlx

In a Letter of Acceptance, Waiver and Consent published by Nasdaq Phlx, the firm was said to have violated multiple recordkeeping and supervisory rules, including US securities law and Phlx’s own procedural standards. Specifically, the firm reportedly failed to correctly record order receipt, transmission and execution times for an estimated 139,511 manually routed options trades.…

June 17, 2025 BY Sam Boughedda

Euroclear Partners with Meritsoft and Taskize to Launch AI Service

Running on Microsoft Cloud, the firm explained that EasyFocus+ will deliver real-time data, predictive analytics, and exception resolution across Euroclear’s network of Central Securities Depositories (CSDs), which handle over 60% of EU settlements. The initiative is said to be a key step in Euroclear’s strategy to foster a harmonised, pan-European settlement experience and advance the…

June 16, 2025 BY Sam Boughedda

Jingle Pay Partners with Western Union on Cross-Border Money Transfers

Under the new agreement, Jingle Pay stated that it will serve as a “key partner for Western Union,” supporting the flow of cross-border money transfers directly to bank accounts and mobile wallets. This positions Jingle Pay as a key remittance partner within Western Union's extensive global network. Amir Fardghassemi, Chief Executive Officer of Jingle Pay,…

June 16, 2025 BY Sam Boughedda

Euronext Clearing’s Collateral Management Capabilities to Be Strengthened Through Clearstream Partnership

The collaboration is expected to strengthen Euronext Clearing’s infrastructure. The companies said it will provide scalable and efficient clearing solutions for European and international market participants. Under the agreement, Clearstream will serve as a triparty agent (TPA) for Euronext Clearing, offering advanced collateral management capabilities. The firm added that clients are set to benefit from…

June 13, 2025 BY Sam Boughedda

Coinbase to Launch One Card on the American Express Network

Unveiled at Coinbase’s State of Crypto Conference, the card will be issued by First Electronic Bank and provided in partnership with fintech firm Cardless. Coinbase added that it will be available exclusively to U.S.-based members of Coinbase One. The full launch is expected this autumn. Will Stredwick, senior vice president of Global Network Services at…

June 13, 2025 BY Sam Boughedda

ASIC Cancels Financial Services Group Australia's AFS Licence

ASIC said FSGA had failed to ensure that two of its representatives provided financial advice appropriate to clients’ circumstances or in their best interests. The company also lacked adequate financial and human resources, failed to lodge financial statements and breach reports on time, and did not comply with licence conditions requiring its assets to exceed…

June 13, 2025 BY Sam Boughedda

Coinbase Announces New Coinbase Business Platform

The crypto exchange stated that the platform provides a streamlined approach to managing crypto payments, assets, and financial workflows. Launching later this year, Coinbase Business said it aims to address longstanding inefficiencies in traditional finance by leveraging the speed and scalability of crypto. Businesses will be able to send and receive payments instantly, automate payouts,…

June 12, 2025 BY Sam Boughedda

Fasanara Capital Partners with Clearstream to Boost Private Market Fund Distribution

Clearstream said in a press release that the collaboration aims to significantly scale Fasanara Capital's private market fund distribution by leveraging Clearstream's global network. The partnership is said to address key challenges in the private markets, known for their complexities and limited transparency. Through the partnership with Clearstream, Fasanara Capital gains access to a network…

June 11, 2025 BY Sam Boughedda

Broadridge's LTX Expands Generative AI Capabilities with BondGPT Intelligence

The new feature is said to integrate advanced generative AI directly into trading platform workflows, proactively delivering critical insights to users. Broadridge explained that BondGPT Intelligence is designed to anticipate traders' queries based on their position within the investing and trading process, providing immediate access to relevant market data and insights. This intelligent anticipation reportedly…

Category: Financial Services