Nuvei has agreed to acquire Payoneer for roughly $2.75 billion, a deal that bundles payment acceptance with cross-border payouts and marks the next consolidation step in the race to own the full business-payments stack. Announced…
Finastra Appoints Gareth Burton As CIO
[caption id="attachment_312512" align="alignleft" width="142"] Natalie Gammon, previously CIO and now Chief Cloud Officer[/caption] Finastra, the third largest Fintech company in the world after combining the forces of Misys and D+H, has appointed Gareth Burton as…
No Agreement Yet Between CFTC/Europe on Clearinghouse Equivalency
Clearinghouse equivalency continues to be a thorny issue between the Commodities Futures Trading Commission (CFTC) and European regulators. That was the message from CFTC Chair Chris Giancarlo as he testified in front of the House…
Crypto Investors At B21 Allowed to Use Cash…
B21, a leading personal wealth manager exclusively for crypto assets, has partnered with cash voucher Flexepin to allow users throughout the UK, Australia, Canada and regions in Europe, to fund their B21 investment accounts with cash.…
CFTC Proposes Futures Rule
[caption id="attachment_221719" align="alignleft" width="232"] Christopher Giancarlo, CFTC chairman[/caption] The Commodities Futures Trading Commission (CFTC) has proposed a rule for exchanges trading futures products. “The Commodity Futures Trading Commission (CFTC) unanimously approved a proposal to update…
London Continues to Dominate the World of FX…
London's dominance in the world of forex market continues to remain unabated, as trading volume coming out of London in the past six months have climbed 15 per cent and 14 per cent from the…
GMEX Acquires 30% Stake in USAVE, to Build…
GMEX Group, the provider of innovative multi-asset exchange and post trade technology has announced the acquisition of 30 per cent stake in USAVE Blockchain. Together the companies will build digital Monaco Gold Spot Exchange (MGX) enabling…
FXSpotStream Trading Volumes Grew Faster Than Any Competitor…
[caption id="attachment_312465" align="alignleft" width="181"] Alan F. Schwarz, Chief Executive Officer of FXSpotStream[/caption] FXSpotStream, a bank-owned consortium that provides the infrastructure to facilitate the route of trades from clients to liquidity providers, announced that its reported trading…