Monzo Becomes First UK Bank to Offer Apple Pay Monthly Payments
Monzo has introduced a new payment option for its Flex customers using iOS 18 and iPadOS 18. The feature allows users to pay in full or spread the cost over…
Playtech to Sell Its Italian Retail Unit for €2.3 Billion
British gambling technology firm Playtech has agreed to sell its Italian business unit, Snaitech, to Flutter Entertainment, the world’s largest betting company, for EUR 2.3 billion (USD 2.56 billion). An…
Fintel Flexes Muscles with 13% Revenue Boost, but Investors Have a Different Take
The publicly-listed fintech company from London, Fintel (AIM: FNTL), announced financial results for the first half of 2024 today (Tuesday), marked by strategic acquisitions and organic growth. Despite a rebound…
Management Suspension on Trade360’s Cyprus Operator’s Owner Extended
The Cyprus Securities and Exchange Commission (CySEC) has extended Petros Zachariades’ suspension from his ownership and management duties at Crowd Tech Ltd, which operated the forex and contracts for differences…
Prop Firm QuantTekel Introduces Broker Services after Rebranding from AscendX Capital
In a social media post at X, the Forex Prop Firm AscendX Capital revealed it has rebranded as QuantTekel. The firm stated: “We are excited to announce that our name…
Waiting for a Payout from The Funded Trader Prop Firm? You Might Not See It This Year
Investors who have been waiting for over six months to withdraw their funds from the prop firm The Funded Trader (TFT) will need to find additional reserves of patience. The…
Labuan Regulator Limits FX and CFDs Brokers’ Offerings Only to Currency Instruments
The Labuan Financial Services Authority (LFSA) is restricting locally regulated forex and contracts for differences (CFDs) brokers to offering only currency-related instruments, such as spot FX and CFDs on FX.…
French FX/CFD Trader Numbers Fall Below 30,000, Lowest in 4 Years
The French online trading and listed derivatives markets are demonstrating resilience despite recent declines in active trader numbers, according to two new reports released by Investment Trends. The studies reveal…
ASIC Prohibits CFDs ‘Margin Discounts’: How Shall Brokers Prepare?
In ASIC’s most recent Market Integrity Update issued in July 2024, it expressed concerns that some derivative issuers of contracts for difference (CFDs) may be offering ‘margin discounts’ to retail…
Broadridge Expands DLR Platform, Integrates Lending Tools with Morningstar
Broadridge Financial Solutions (NYSE: BR) has announced two significant developments, securing a major Canadian bank as the first adopter of its Distributed Ledger Repo (DLR) platform for High-Quality Liquid Asset…
