Miners and technology stocks drew the shortest end of the stick, while utilities and healthcare subindexes regained some ground. Tech stocks did not escape the trend and took some amount of strain. Experts attributed this to China’s intention to broaden its ban on the use of iPhones, as government sectors and affiliates distance themselves from…
Read moreThe commission is additionally considering granting non-bank payment service providers full access to all payment systems within the EU. This approach aims to establish equal opportunities for both banks and non-banks by implementing a new set of regulations. Furthermore, this measure is anticipated to offer adequate protections for non-bank providers and ensure their entitlement to…
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OANDA’s European operations follow the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS. Niewiadomski added: Now, thanks to our refocused operations, investors and traders in the EU can easily access an extensive multi-asset proposition with the knowledge that they are partnering with a trusted, award-winning, and regulated broker.…
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According to a survey conducted by BUX across five markets in Europe, “lack of knowledge’ is the most common reason among respondents for not to invest with 42% and 40% said that ‘don’t know where to start’. On the other hand, 39% of those who took the survey said that saving for the long term…
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Furthermore, OpenPayd’s API-based solution enables eToro to significantly speed up payment processing times and remove the possibility of human error. Kreeson Thathiah, Director of Payments at eToro, said: This partnership is an example of embedded finance in action; it’s a significant evolution in how we build innovative financial services. Working with OpenPayd – who’s platform…
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Murugesan said: In all these markets our intention is to have retail and institutional products. It’s almost like an existential priority for us to make sure that we are able to realize our mission by accelerating our expansion efforts. Coinbase ‘s expansion plans come as response to the looming “crypto winter.” Murugesan stated that the…
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John Collison, President and Co-Founder of Stripe, commented: We’re investing a ton more in Europe this year, particularly in Ireland. Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense. Stripe also plans to expand its Global Payments and Treasury Network with the raised capital. The company announced…
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For veterans of the payment industry, it is beginning to be “Déjà vu” all over again. In the early days of Visa and Mastercard, back in the seventies, there were ongoing payment wars between the two U.S.-based card associations and banks in Europe, which preferred their home-grown services, dubbed EuroCheque and Europay at the time,…
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It was the end of August, a time when vacationers flood the French Riviera and coastal communities to enjoy the good life before heading back to work in September, but merchants in the coastal town of Biarritz, France, were anything but happy. Tourists were not in abundance. The streets were bare, almost like a ghost…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 26, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, One question that investors constantly have to deal with is how much of the value of an…
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