Latest news by Rick Steves
“A Staggering 61,000x More Energy-Efficient than Bitcoin” – Ripple Pledges to Go Carbon Net-Zero by 2030
A lot has been said about the energy that is wasted to keep cryptocurrencies running. Ripple seems to take such criticism as a marketing opportunity: the leading blockchain company behind XRP plans to decarbonize public…
United Fintech Plans to Lead Digital Transition in Finance, Acquires Another Fintech
United Fintech has acquired a 25% stake in German fintech, TTMzero, thus entering the Market Data & RegTech space. The firm plans to increase its shareholding vote to 80% over the next three years. Christian…
David Gentile Charged by SEC With $1.7 Billion Ponzi Scheme
Three individuals and New York-based asset management firm GPB Capital were charged by the Securities and Exchange Commission with running a Ponzi-like scheme that raised over $1.7 billion. David Gentile and Jeffry Schneider lied to…
Luxembourg State Bank Deploys Integral’s eFX Solution
Spuerkeess, the Luxembourg state bank and savings fund, has deployed Integral’s BankFX workflow and trading technology to support its eFX operations worldwide. The highly configurable cloud-based systems and sophisticated modular solutions of the BankFX product…
Antony Brocksom Rises to Global Head of Sales at FXSpotStream
FXSpotStream, the multibank FX streaming service founded in 2011, has announced the promotion of Antony Brocksom to Global Head of Sales. Brocksom earned the post after nearly six years leading the sales department in the…
Vienna Stock Exchange Appoints Andrea Herrmann as Chief Financial Officer
The Vienna Stock Exchange has appointed Andrea Herrmann as Chief Financial Officer. The former CFO at Western Union International Bank GmbH will join the executive team as of 1 May 2021, following the retirement of…
Metaco and Cobalt Launch Solution for Digital Asset Settlement
Metaco and Cobalt have joined forces to provide an institutional-grade Software as a Service (SaaS) solution for digital asset settlement. The partnership addresses the issues found by banks and financial institutions as the institutional adoption…
Sucden Financial to Deploy ATEO’s LISA Clearing Engine
Multi-asset execution and clearing provider Sucden Financial has selected ATEO's LISA Clearing Engine to run its middle-office platform. The engine provides off-the-shelf connectivity to all major clearinghouses as well as the ETD eco-system. This includes…
SDAX Granted Pre-Approval for Digital Asset Platform in Singapore
Digiassets Exchange (SDAX), an institutional-grade digital asset trading platform based in Singapore, has obtained a pre-approval from the country's financial watchdog to operate a digital asset exchange. Monetary Authority of Singapore (“MAS”) has granted an Approval-in-Principle…
ACY Securities Moves Head of Marketing Ashley Jessen to COO
ACY Securities, the leading Australian CFD broker, has announced the appointment of Ashley Jessen as Chief Operating Officer in a role based in Sydney, New South Wales, Australia. The trading firm chose to hire from…