MoneyGram Taps dLocal to Roll Out Cross-Border Payments in APAC and EMEA
dLocal, a cross-border payment platform focused on emerging markets, announced a new partnership with MoneyGram, a global financial technology company. The partnership aims to support MoneyGram in expanding its services…
Axi Enlists John Stones as Brand Ambassador Alongside Manchester City Renewal
Online trading broker Axi has expanded its partnership portfolio by announcing John Stones as its latest Brand Ambassador. This follows earlier sponsorship announcements made in 2023. John Stones is a…
UK Government and FCA Set to Overhaul PRIIPs Regulation for Retail Investors
The UK Government and the Financial Conduct Authority (FCA ) are working to reform capital markets. They aim to help retail investors make informed investment choices. A key aspect of…
NAGA Brings CFDs to Telegram: From Onboarding to Trading Directly on the Social Medium
NAGA Group, which recently merged with CAPEX.com, now allows retail traders to access its platform directly from Telegram’s App Center with the launch of the “NAGA Everything Trading” app. Integrating…
UniCredit Snaps Up 4.5% Stake in Commerzbank from German Government
UniCredit has acquired a 4.5% stake in Commerzbank from the German government. The purchase was made after discussions between the Italian bank and the German authorities. UniCredit’s CEO, Andrea Orcel,…
Aussie Watchdog Seeks Tech Partner for 5-Year Fraud Fight
The Australian Securities and Investments Commission (ASIC) announced today (Thursday) it is conducting a global search for a service provider to identify and remove investment scam and phishing websites, as…
Hantec Markets’ UK Unit Turns a Loss in 2023 due to “Additional IT Expenditure”
The UK unit of Hantec Markets ended 2023 with an annual turnover of over £6.8 million, an increase of almost 24 percent from the previous year. However, the company turned…
ASIC Just Gained New Powers. Check If They Will Affect FX/CFD Brokers
The Australian Securities and Investments Commission (ASIC) has received expanded regulatory powers as part of a reform of the country’s financial market infrastructure (FMI) laws, aimed at bolstering stability and…
Exclusive: Only 7% of 300,000 Prop Trading Accounts Achieved Payouts
In the world of prop trading, success is elusive for many. According to FPFX Tech’s data, exclusively seen by Finance Magnates, a mere 7% of investors manage to turn a…
UAE Outshines Germany and Hong Kong as Top Tech Destination, Survey Shows
The UAE is quickly growing into a global technology hub, capturing the attention of Asian tech professionals. A recent survey by Capital.com reveals that 81% of Asian tech experts view…
