Latvian embedded cryptocurrency trading platform Primex goes live
The platform seeks to “cut through crypto trading complexity” for financial services companies.
Trading Technology
Video: ipushpull on the use of AI in capital markets
Matthew Cheung, CEO of ipushpull, discusses how AI is being put to work within capital markets.
SoFi set to end crypto services, taps Blockchain.com as “strategic crypto partner”
SoFi’s cryptocurrency services will formally end on 19 December.
US stock trading app Webull enters Mexico with Flink acquisition
The deal also includes Mexican brokerage house Vifaru Casa de Bolsa, which Flink agreed to purchase in 2022.
Jordan’s Capital Investments taps Codebase Technologies for digital onboarding
Capital Bank of Jordan previously tapped Codebase to launch its digital banking app and neobank Blink.
Unlocking Alpha: how AI is helping investors fine-tune their strategies
FinTech Futures speaks with the founders of 3AI to discuss how AI technology can transform investing strategies.
Trading solutions provider CQG agrees to executive ownership deal
The company’s acquisition by its senior executives is expected to be completed this month.
Q&A: Nauman Anees, co-founder and CEO of ThinkMarkets, on proprietary technology, expansion and growth vision
The mindset of today’s investors and the importance of maintaining a competitive edge.
Liberum Wealth goes live with Profile’s Axia Custody solution
Liberum will utilise the tech to improve the management and personalisation of its custody and execution operations.
Ally Financial CEO Jeffrey Brown to step down
Brown is due to depart the Michigan-based online bank on 31 January 2024.
Brokerage platform Alpaca plots Asian expansion with SBI partnership
As part of the strategic partnership, SBI Group has also made a $15 million investment in Alpaca.
Lloyds Bank launches Paperless Guarantee solution to digitise trade finance
The solution seeks to support businesses with the digital issuance of bank guarantees.
UBS taps Broadridge for sponsored repo solution
The bank is to integrate its newly-digitised trade flows into its DLR tech stack on Broadridge’s platform.
Project Mariana successfully completes cross-border settlement of wholesale CBDCs
The project was completed between BIS, Banque de France, MAS and the Swiss National Bank.
Transforming the user experience: the dawn of dynamic knowledge rendering in financial services
With GenAI in financial services, we’re not just on the cusp of significant change – we’re in the midst of it.
Crypto exchange Kraken lands EU e-money licence, secures VASP registration in Spain
The San Francisco-headquartered exchange plans to leverage the approvals to power its European expansion.
Bahrain’s Bank ABC taps JP Morgan for blockchain-based cross-border payment service
The launch arrives in tandem with the bank’s documentary trade suite, ABC Trade.
Clear Street bolsters technology leadership with two new hires
Jon Daplyn joins as chief information officer and Hari Godbole as vice president of engineering.
Sibos 2023: You can’t manage what you can’t measure – the role operational data will play in the successful transition to T+1
Automated solutions enabling the timeliness of middle office processes can be key to the T+1 readiness.
ICYMI fintech funding round-up: Fipto, Form3, Immix, Emata & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
ThinkMarkets launches ThinkPortal app for on-the-go account management
ThinkPortal app is a new multi-functional mobile app for traders.
Geely Group buys out Saxo Bank stake in joint fintech venture
Saxo Fintech was launched in 2019 to bring Saxo’s tech solutions to FIs in Mainland China.
OTPP snaps up Caledonia Investments’ majority stake in wealth management firm 7IM for £255m
Caledonia Investments bought 7IM in September 2015 for around £100 million.
Swift can facilitate tokenised asset transfers between different blockchains, new experiments confirm
The experiments were in collaboration with several major financial institutions, including Clearstream, ANZ and Citi.
Deutsche Bank reportedly makes contact with digital investment fintech Scalable Capital
A potential deal would align with the bank’s continued development of its wealth services over the past year.
Maybank Investment Bank taps Broadridge for securities borrowing and lending offering
Broadridge claims the platform will provide better customer experience and cost management for the bank.
Video: How fintech is transforming the private equity and private credit markets
We ask Arbour Partners CEO James Newsome how fintech has impacted the private equity and private credit landscape.
Citi debuts first LatAm fintech investment with stake in Peruvian FX platform Rextie
Rextie becomes Latin America’s first FX fintech to receive an investment from Citi.
Yahoo Finance builds out investor insights with Commonstock acquisition
Launched in 2020, Commonstock is backed by investors including Coatue, QED and Floodgate.
Trading Technologies enhances buy-side appeal with Abel Noser Solutions acquisition
The deal is expected to close on 31 August.
Singapore’s MVGX launches carbon SaaS subsidiary, appoints ex-BSI exec to take the lead
Frank Zhang, “a fintech, ISO standard certification and sustainability veteran”, will lead the new subsidiary.
Naga integrates Rezolve AI into its social trading platform
The integration is also set to extend to Naga’s e-payments solution, Naga Pay.
Singapore’s Endowus raises $35m as it eyes regional expansion
The round saw participation from existing investors including UBS Next, EDBI and Prosus Ventures.
MarketAxess acquires Pragma to leverage quantitative trading technology
MarketAxess aims to accelerate the development of quantitative execution algorithms for fixed-income products.
Clearstream migrates regulatory reporting to Regnology’s Rcloud platform
Rcloud was the result of Regnology’s November 2022 partnership with Google Cloud.
Allfunds acquires local paying agent business of Iccrea Banca
The acquisition enables Allfunds to develop its position in Italy as a local paying agent business.
ICYMI fintech funding round-up: Giraffe, eflow Global, Galaxy Ventures & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Robinhood reignites plans for UK expansion with chief exec hire
According to an FCA filing, Jordan Sinclair has been appointed as UK chief executive for Robinhood.
Wealthtech GBST strengthens cloud portfolio with Advice Intelligence acquisition
The deal follows GBST’s acquisition of WealthConnect, the Salesforce-based CRM solution, in May.
FusionIQ integrates with wealth management platform Blueleaf
The integration seeks to provide wealth managers with the tools needed to boost their digital transformation.
