Category: Markets

CySEC Suspends Public Certification Access To Combat Investor Fraud

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 temporarily suspended public access to its certification records after discovering that fraudsters exploited registered professionals’ personal details to deceive investors. CySEC stated that the decision… Continue reading CySEC Suspends Public Certification Access To Combat Investor Fraud

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Fiserv Reshuffles Leadership Board As Earnings Drop By 43%

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Payments technology firm Fiserv recorded its biggest one-day decline on Wednesday when its shares fell by 43%. The company reported a weaker quarterly result, lowering its growth output for the second quarter in… Continue reading Fiserv Reshuffles Leadership Board As Earnings Drop By 43%

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Optimal Traders Expands Regional Presence with Experienced Leader Alaa Kriedy

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A new prop trading firm, Optimal Traders, has appointed Alaa Kriedy as Chief Executive Officer to lead its Middle East and North Africa operations. The firm seeks to accelerate its regional expansion. Kriedy… Continue reading Optimal Traders Expands Regional Presence with Experienced Leader Alaa Kriedy

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Morgan Stanley Announces Plan To Acquire Private Shares Platform EquityZen

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Morgan Stanley has agreed to acquire EwuityZen, a private shares platform. Morgan Stanley says the acquisition will improve its private market ecosystem, which provides a full-service offering to private firms and their shareholders.… Continue reading Morgan Stanley Announces Plan To Acquire Private Shares Platform EquityZen

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Western Union Enters The Digital Finance Space With The Launch of USDPT Stablecoin

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Western Union has announced its plans to launch its stablecoin on Solana. Western Union says the stablecoin, called the U.S. Dollar Payment Token (USDPT), will be designed to bridge the gap between the… Continue reading Western Union Enters The Digital Finance Space With The Launch of USDPT Stablecoin

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OpenAI and AWS Partner to Build Financial-Grade AI Models for Banks and Trading Firms

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. OpenAI and Amazon Web Services have announced a new partnership aimed at building specialized financial-grade AI models tailored for banks, trading platforms and fintechs. Unlike most commercial AI tools that are trained for… Continue reading OpenAI and AWS Partner to Build Financial-Grade AI Models for Banks and Trading Firms

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Mastercard Pilots Global KYC Network Using Zero-Knowledge Proofs

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Mastercard has announced what could become one of the most transformative regulatory technology pilots in the global payments industry. The company is testing a privacy-focused KYC network built on zero-knowledge proofs, a cryptographic… Continue reading Mastercard Pilots Global KYC Network Using Zero-Knowledge Proofs

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Switzerland Opens Multibanking Access Across Banks and Apps

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A new announcement published earlier today, November 25, by SIX, says that bank customers in Switzerland will be able to bundle their accounts from various banks into a single banking or fintech app… Continue reading Switzerland Opens Multibanking Access Across Banks and Apps

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Trafigura Ex-Trader Denies Role in $600m Nickel Fraud

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A former head nickel trader at Trafigura, a global commodities trading company that connects producers and consumers of metals, minerals, oil, gas, and power, denied allegations of fraud, as reported by Reuters. The… Continue reading Trafigura Ex-Trader Denies Role in $600m Nickel Fraud

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SitusAMC Confirms Data Breach Affecting Client Records

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. SitusAMC, a leading provider of investment advisory, outsourcing talent, and technology solutions to the commercial and residential real estate finance industries, recently confirmed that it had suffered a security breach.  The firm published… Continue reading SitusAMC Confirms Data Breach Affecting Client Records

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