FxPro Debuts $120 Million Digital Bank in Bahamas Push

Financial services provider FxPro unveiled BankPro, a digital private banking platform, marking its expansion into the digital banking sector with a regulated entity in The Bahamas. FxPro Group Launches Digital…

Exclusive: CMC Invest Taps TipRanks to Offer Stock Research Tools to Australians

The Australian division of CMC Invest, the physical share trading platform of CMC Markets, now provides its users with access to Israel’s TipRanks, a market research aggregator, Finance Magnates has…

Middle East Banking Giant Taps Wall Street Tech for Securities Revolution

First Abu Dhabi Bank (FAB) has selected Broadridge Financial Solutions to power its global agency securities finance business, marking an expansion of securities lending capabilities in the UAE and broader…

Corpay Steps into the Ring as UFC Exclusive FX Partner

Corpay, a global payments company, was named the exclusive Global Foreign Exchange (FX) Partner of UFC, the mixed martial arts organization. This collaboration aims to improve currency risk management and…

Q3 2024 Intelligence Report: Major Highlights in FX/CFD Markets

The Q3 2024 Intelligence Report shows a standout quarter for the FX/CFD industry. Trading volumes surged, and interest from Asia reached new highs, with India driving over half of global…

FunderPro Taps Acuity AI to Power Prop Trading Push

Prop firm FunderPro has become the first proprietary trading company to integrate Acuity Trading’s AI-powered Research Terminal. The new partnership marks a push to equip funded traders with more advanced…

Morgan Stanley Hit With $15 Million SEC Fine Over Client Fund Theft

Morgan Stanley Smith Barney (MSSB) has agreed to pay a $15 million penalty to settle Securities and Exchange Commission (SEC) charges related to alleged supervisory failures that enabled financial advisors…

CFD Trading Volume on TMGM Hits $512 Billion in November

The trading volume on Australia-headquartered TMGM, a forex and contracts for differences (CFDs) broker, reached $512 billion in November. As the broker’s Head of Partners, Daniel Krugar, described it, this…

PayPal Integrated into Paybis as Trump Appoints David Sacks AI & Crypto Czar

🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner! An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over…

Google Sues Consumer Financial Protection Bureau Over Payment Oversight

Google sued the Consumer Financial Protection Bureau (CFPB) of overstepping its authority in supervising the company’s payment platform, Google Pay. Payment Regulation Battle Google filed a lawsuit in a Washington,…