The Stock Exchange of Thailand and Nasdaq Expand Strategic Partnership LeapRate

May 13, 2025 BY Sam Boughedda

The Stock Exchange of Thailand and Nasdaq Expand Strategic Partnership

The move, which is also expected to reinforce SET’s role as a regional financial hub, will see it promote the adoption of Nasdaq’s advanced risk and surveillance platforms across its member community. The initiative builds on SET’s prior deployment of Nasdaq technology and aims to drive consistency and transparency across Thailand’s capital market infrastructure. “This…

May 12, 2025 BY Sam Boughedda

BBVA Expands Agreement with OpenAI

The company has made the move as it plans to scale generative AI across the business. The Spanish banking group first partnered with OpenAI in May 2024, trialling the secure enterprise version of ChatGPT to streamline internal operations and boost innovation. One year on, the bank said that over 80% of licensed users report using…

May 12, 2025 BY Sam Boughedda

Paysafe and Fiserv Expand Long-Term Partnership

The enhanced partnership will focus on capital access, fraud protection, and digital wallet services. As part of the collaboration, Paysafe will integrate Fiserv’s Clover Capital solution, enabling SMBs to access funding more easily to support growth. The partnership is also expected to see Paysafe adopt Fiserv’s Data-as-a-Service platform to bolster fraud prevention capabilities, further safeguarding…

May 09, 2025 BY Sam Boughedda

Coinbase to Acquire Crypto Options Exchange Deribit for $2.9bn

The acquisition will see Coinbase pay $700 million in cash and issue 11 million shares of its Class A stock. The deal is expected to close by the end of 2025. Deribit has roughly $30 billion in open interest and processed more than $1 trillion in trading volume last year in its key markets, largely…

May 09, 2025 BY Sam Boughedda

Webull Financial Hit With $1.6m Fine By FINRA

The failings are said to include inadequate oversight of paid influencers and widespread disclosure lapses affecting millions of clients. FINRA said Webull failed to supervise or retain records of promotional content produced by more than 400 paid social media influencers between January 2019 and December 2022. They add that some of the content contained exaggerated…

May 08, 2025 BY Sam Boughedda

HSBC Announces TradePay For Import Duties Amid Tariff Uncertainty

The new service, HSBC TradePay for Import Duties, is said to enable businesses to streamline duty payments while optimising working capital. By allowing HSBC to settle import duty payments directly, either via pre-agreed credit terms with brokers or through ACH credits, HSBC said clients can access credit and make payments in a single transaction. “Clients’…

May 07, 2025 BY Sam Boughedda

ASIC Imposes Additional Conditions on Macquarie Bank's Australian Financial Services Licence

ASIC added that one of the compliance failures went undetected for over a decade. They relate to Macquarie’s futures dealing operations and over-the-counter (OTC) derivatives trade reporting. ASIC’s action requires the bank to develop a remediation plan, appoint an independent expert to review the plan and assess the effectiveness of the remediation in preventing future…

May 07, 2025 BY Sam Boughedda

Ant International, Barclays Partner on Global Treasury Management with AI-Powered FX Model

The company introduced a new FX solution that aims to lower costs and improve risk forecasting for businesses navigating currency volatility. At the core of the collaboration is Ant’s proprietary Time-Series Transformer (TST) AI FX Model, which is said to forecast cashflow and foreign exchange exposure with over 90% accuracy. The model, trained using time-series…

May 06, 2025 BY Sam Boughedda

Alpha Group International Rejects Corpay Acquisition Proposal

In a statement, Alpha said it had carefully reviewed the conditional proposal with its financial advisers before deciding to reject the offer. The company did not disclose financial details of Corpay’s bid. Corpay, a Georgia-based provider of business payments and spend management solutions, had previously confirmed it was in discussions with Alpha regarding a potential…

Broadridge’s Fi360 and ProctorU partner to launch remote proctoring and identity management solution

May 06, 2025 BY Sam Boughedda

Broadridge Financial Announces Enhancements to OpsGPT

The company said it has introduced new capabilities designed to enhance efficiency and reduce risk for global financial institutions. The enhancements, announced on Tuesday, include tools for fails research, inventory optimisation, and email integration automation. OpsGPT is said to now leverage “agentic” AI capabilities to provide real-time operational intelligence, helping firms streamline workflows, manage capital…

Category: Financial Services