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ASIC Warns That Financial Industry’s Governance Practices Lag Behind AI Adoption Pace

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Australian financial regulator, the Australian Securities and Investment Commission (ASIC) recently issued a warning for financial services and credit licensees. The regulator urged them to make sure their governance practices are keeping pace… Continue reading ASIC Warns That Financial Industry’s Governance Practices Lag Behind AI Adoption Pace

Darwinex Zero Introduces Permanent Allocation Model For Long-Term Traders

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Darwinex Zero recently announced a new model that gives traders a chance to use €100,000 in virtual money. This money stays safe even when the markets go up and down. The company said… Continue reading Darwinex Zero Introduces Permanent Allocation Model For Long-Term Traders

Equinix Celebrates Strong Third-Quarter Results With New AI Strategies

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Equinix, a large company in digital infrastructure, announced strong results for its third quarter and shared plans to expand in artificial intelligence (AI). The company said it had $2.2 billion in revenue for… Continue reading Equinix Celebrates Strong Third-Quarter Results With New AI Strategies

Devexa Gets AI Boost To Improve Wealth Management Support

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Devexperts, a software firm that creates tools for capital markets, has added new features to its AI-based virtual assistant, Devexa. The fresh features will benefit wealth managers, giving them tools to help customers… Continue reading Devexa Gets AI Boost To Improve Wealth Management Support

DriveWealth Takes Major Step In Europe, Gains Lithuanian Brokerage License

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. DriveWealth, a US-based Brokerage-as-a-Service firm, has received a brokerage license from the Bank of Lithuania. This will help the firm grow its business in Europe. The new category B financial license will give… Continue reading DriveWealth Takes Major Step In Europe, Gains Lithuanian Brokerage License

Forex And CFD Firms Prioritize Client Safety With New Insurance Costs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Retail traders have moved beyond just wanting high leverage and low spreads. They now want more safety for their money, industry experts stated. Standard rules do not seem enough anymore because FX and… Continue reading Forex And CFD Firms Prioritize Client Safety With New Insurance Costs

XTB Shows Strong Client And Profitability Growth In Q3 2024

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Polish fintech firm XTB has announced its operating financial results for Q3, 2024. According to the report, the company registered growth in profit and client onboarding during the period. The publicly listed company… Continue reading XTB Shows Strong Client And Profitability Growth In Q3 2024

JPMorgan Files Lawsuits Against Customers Who Took Advantage of “Infinite Money Glitch”

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. JPMorgan Chase recently started cracking down on all customers who took advantage of the so-called ‘infinite money glitch’ — a glitch in the bank’s cheque deposit service that allowed them to withdraw thousands… Continue reading JPMorgan Files Lawsuits Against Customers Who Took Advantage of “Infinite Money Glitch”

Standard Chartered Becomes OKX Exchange’s Crypto Service Custodian

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. OKX, one of the leading crypto exchanges and onchain technology companies, recently announced that it has selected a third-party crypto custodian for its global institutional business, as the regulations require it to do.… Continue reading Standard Chartered Becomes OKX Exchange’s Crypto Service Custodian

FXOpen EU Given Six Months By CySEC To Restructure Amid Voting Freeze

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Cyprus Securities and Exchange Commission (CySEC) has decided to put a hold on the voting rights of FXOpen’s sole shareholder, Aliaksandr Klimenka. CySEC is worried that its control over the company might… Continue reading FXOpen EU Given Six Months By CySEC To Restructure Amid Voting Freeze