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Block files for Builders Bank, an uninsured bitcoin trust bank

Chime to buy partner Stride Bank for $590m in cash

FINRA’s 145-day Rule 2165 hold leans on 2020 data from 31 firms

Pipcy review: the payout certificates are randomly generated

WeGetFunded review: the 110% payout that pays 20% in cash

FunderBlu review: a 1% floating loss can cut the split to 40%

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Day: May 16, 2020

Cleversoft buys FS Assist as RegTech consolidation accelerates

Cleversoft buys FS Assist as RegTech consolidation accelerates

FintechAugust 16, 2026

Ten days after Visa agreed to pay $2.4 billion for behavioural fraud specialist BioCatch, the more instructive RegTech consolidation deal of the month arrived with no price tag attached. Munich-based cleversoft group has signed a…

FCA drops FX derivatives from UK transaction reporting by 2028

FCA drops FX derivatives from UK transaction reporting…

Regulation

The Financial Conduct Authority (FCA) has removed foreign exchange derivatives entirely from the UK MiFIR transaction reporting regime and cut the reportable field set from 65 to 52, with the new rules taking effect on…

Yoni Assia, Co-founder and CEO at eToro

eToro Reaches 13 Million Users, +427% New Users…

Industry NewsMay 16, 2020

eToro, the leading social trading, and multi-asset brokerage company, has reached 13 million registered users and registered an increase of 427% (YoY) in new users making their first deposit on the platform in the first…

ASIC

ASIC Sets Expectations for Maintaining Equity Market Resilience

Industry News

ASIC has outlined its expectations for all market participants to act appropriately to ensure Australia’s equity markets remain resilient. In a letter published today [14 May, 2020], all equity market participants are requested to take…

BCSC

Court Imposes Longest-Ever Sentence Resulting from BCSC Criminal…

Industry News

Vancouver – A Parksville man has been sentenced to four and a half years in prison for defrauding two B.C. investors of more than half a million dollars, the longest sentence ever imposed as a…

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