Leverate Promotes Idan Stambulchik To Head Of Product To Advance Strategic Growth
Leverate, a technology provider for forex and prop trading firms, has promoted Idan Stambulchik to Head of Product. Before this role, he worked as the Product Lead for a few months. As shown on his LinkedIn profile, he joined Leverate...
Voyage Markets Becomes White Label Reseller Of cTrader
Voyage Markets has joined forces with Spotware to offer the cTrader platform as a white-label service. The move gives prop trading firms access to both trading tools and risk management in one place. Voyage Markets said the goal is to...
Investor Sues Coinbase Over Stock Drop Linked To Data Breach And Regulatory Issue
According to reports, Coinbase and two of its senior executives are facing a lawsuit filed by investor Brady Nessler. Nessler claims the company's stock dropped significantly after it disclosed a data breach and a compliance issue involving a deal with...
MSU Federal Credit Union Names Benjamin Maxim CTO
MSU Federal Credit Union has promoted Benjamin Maxim to Chief Technology Officer. In this new role, he will guide the credit union’s work in technology, digital tools, and product growth. MSUFCU said he will help lead the company forward in...
OpenFX Emerges From Stealth With $23 Million Funding Round
OpenFX, a firm specializing in FX infrastructure for cross-border payments, has come out of stealth mode after securing $23 million in funding. The round was led by venture capital firm Accel, with additional support from NFX, Lightspeed Faction, Castle Island...
CIMB Bank Picks ACI Tech To Handle Payments Across Asia
CIMB Bank has picked ACI Worldwide to help build a single system for payments. The bank said this system will support real-time, local, and international transfers. It will bring all kinds of payment work into one platform. This will help...
Banks Anticipate Interest Losses Yet Remain Optimistic About Sepa Instant Benefits
Nearly half of European banks reported that they expect to lose significant interest income due to new liquidity requirements under the Sepa Instant Payments system. However, the majority indicated that they believe the long-term benefits of the regulation will outweigh...
Leading U.S. Banks Collaborate To Develop A Joint Stablecoin For The Digital Economy
According to reports, some of the largest U.S. banks — including Wells Fargo, Bank of America, JPMorgan Chase, and Citigroup — are quietly planning to enter the cryptocurrency space. Sources revealed that these banks are exploring the idea of creating...
SMC Research Projects Over 100% Upside With Revised Price Target On NAGA Shares
According to reports, shares of The NAGA Group AG (XETR: N4G) climbed to their highest level in several months. This followed research firm SMC maintaining its "BUY" rating and setting a price target that suggests more than double the current...
Cboe Markets Parts Ways With Its Global President, Dave Howson
Cboe has parted ways with Dave Howsop, its Global President, after three years. After spending their time at Cboe managing the company’s expansion, Dave says he plans to return to the UK. In a statement released by Cboe, Dave will...
Panda Remit Partners With dLocal To Improve Remittance Service In Africa
Major cross-border payment platform, dLocal, has teamed up with global remittance provider, Panda Remit. According to the announcement, the partnership will facilitate cost-effective and fast international money transfers on a global scale. Following the collaboration, Panda Remit will expand its...
Swissquote Joins TradingView For Easier Trading
Swissquote has finished its integration with TradingView, allowing users to trade Forex and contracts for difference (CFDs) directly on the charting platform. The company said this update helps users manage their trades without moving between platforms. It added that the...
Libertex Secures Strategic Partnership With Monaco Grand Prix
Libertex, an online brokerage firm, has teamed up with the Monaco Grand Prix, one of the biggest events in Formula One racing. The company shared that joining this race is a great way to connect, get involved, and celebrate top...
GMI Markets UK Sees Sixfold Surge In Pre-Tax Profit Amid Cost Reductions
GMI Markets’ UK branch, which offers trading and tech services to professional clients, reported a major jump in pre-tax profit, reaching £209,787 — more than six times higher than the previous period. This sharp rise was mainly due to increased...
BaFin Reveals Investor Losses on Turbo Certificates
BaFin, Germany’s financial regulator, revealed worrying results about retail investors trading turbo certificates. It said in recent years, about 74.2 percent of these traders lost money trading these turbo certificates. The regulator added that the average loss per investor was...