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The FCA Is Cracking Down On Finfluencers Who May Be Offering Products Illegally

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK financial regulator, the Financial Conduct Authority (FCA) started another crackdown on the so-called “finfluencers” — social media personalities who are offering financial products on popular social networks. Right now, the regulator… Continue reading The FCA Is Cracking Down On Finfluencers Who May Be Offering Products Illegally

Afin Bank Gets Green Light To Offer Mortgages And Savings Products To African Diaspora In The UK

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A digital lender Afin Bank recently secured the regulatory green light that will allow it to start offering savings products and mortgages to African diaspora living and working in the UK. Afin Bank… Continue reading Afin Bank Gets Green Light To Offer Mortgages And Savings Products To African Diaspora In The UK

AI-Based Stock Picker Outperformed S&P 500 By Nearly 50%

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Artificial Intelligence (AI) is faster and more accurate than humans, which is nothing new. In fact, this is why it has been introduced to areas where high-speed and equally high accuracy are essential,… Continue reading AI-Based Stock Picker Outperformed S&P 500 By Nearly 50%

European Central Bank To Implement A Cross-Currency Settlement Service On The TIPS

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Central Bank recently started implementing a cross-currency settlement service on the Eurosystem’s Target Instant Payment Settlement (TIPS) service. Connecting Cross-Currency Settlement Service To Tips According to reports, the service will allow… Continue reading European Central Bank To Implement A Cross-Currency Settlement Service On The TIPS

ASIC Will Likely Issue A Standalone Guidance On Low-Cost Credit Contracts Including BNPL

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australian financial regulator, the Australian Securities and Investments Commission (ASIC) recently saw its Commissioner Kate O’Rourke confirm that the agency will likely issue a standalone guide regarding low-cost credit contracts which include… Continue reading ASIC Will Likely Issue A Standalone Guidance On Low-Cost Credit Contracts Including BNPL

Morgan Stanley Rolls Out New GenAI Solution To Support Staff In Gaining Insight From Data Libraries

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Morgan Stanley recently introduced a new generative AI-powered assistant called AskResearchGPT. It intends to offer it to staff members, who will be able to use it in surfacing and distilling insights from its… Continue reading Morgan Stanley Rolls Out New GenAI Solution To Support Staff In Gaining Insight From Data Libraries

Binance Executive Released After Spending Six Months In Nigerian Custody

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Six months after arresting Binance’s executive Tigran Gambaryan and holding him in custody, the Nigerian government finally released him and dropped all money laundering charges. Binance Executive Was Released Due To Declining Health… Continue reading Binance Executive Released After Spending Six Months In Nigerian Custody

BIS Points Out The Risks Of Tokenization

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Tokenization of money has been a big topic in financial circles for years, and for a long time, central banks have been focused on the positives, as the process truly does bring numerous… Continue reading BIS Points Out The Risks Of Tokenization

The New Ruling Sets The US On The Path Of Open Banking

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A recent ruling has decided that consumers in the US will have the right to instruct their banks to transfer their financial data to other institutions in accordance with the banking rules created… Continue reading The New Ruling Sets The US On The Path Of Open Banking

The Second Day At AFP Raises The Question: Does The US Need Faster Payments?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Association for Finance Professionals (AFP), taking place in Nashville, Tennessee, saw quite intriguing debates on the Convention’s second day when the topic of Faster Payments emerged. However, some have argued that the… Continue reading The Second Day At AFP Raises The Question: Does The US Need Faster Payments?