<p>The shares of the London-listed mobile payment solutions provider Boku (LSE: surged over 7% today (Tuesday) and tested two-year highs following the presentation of the company's latest trading update for 2023. </p><p>The published information indicated that Boku achieved better-than-expected results while anticipating cont
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Cornerstone Strikes Deal with Mastercard for Corporate Card Product
<p>The London-based financial services company Cornerstone FS plc announced today that it has signed an agreement with Mastercard to launch a new corporate card product.</p><p>Under the terms of the deal, Cornerstone will be able to issue commercial credit and debit cards co-branded with Mastercard for its business customers. The
Everything You Need to Know About Invast’s Rebrand to 26 Degrees Global Markets
<p>In mid-2023, Invast Global recently underwent a rebrand to 26 Degrees Global Markets. The strategic rebranding was designed to set the future tone of the business and growth in its institutional prime services business. Finance Magnates spoke with Melissa Downes, Global Head of Marketing at <a href="https://www.26degreesglobalmarke
Why Vanguard Said "No" to Bitcoin
<p>After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immediately up and running.</p><p> There was the added last minute drama of the <a
Indie Advice's License Axed by ASIC: Financial Inactivity Fallout
<p>The Sydney-based financial services company Indie Advice Pty Ltd had its Australian financial services (AFS) license canceled by the Australian Securities and Investments Commission (ASIC) earlier this month, according to an announcement by the regulator.</p><p>Financial Services Provider Loses ASIC License</p><p>Th
How Will the SEC's Approval of the Bitcoin ETF Affect Investors?
<p>● The U.S. Securities and Exchange Commission's (SEC) approval of the launch of 11 bitcoin exchange-traded funds (BTC ETFs) surged in bitcoin trading volumes.</p><p>● On the first day of the launch of trading in spot bitcoin ETF units, about 700,000 transactions were made, and the trading volume reached $4.33 billion. Half
BIS Reveals 2024 Vision: Quantum Security and AI in Finance Take Center Stage
<p>The Bank for International Settlements (BIS) has announced the first six projects to be undertaken by its Innovation Hub in 2024, building on the completion of 12 projects in 2023 with eight more still ongoing. The new projects will focus on areas like cybersecurity, fighting financial crime, central bank digital currencies, and green fina
Abra Settles with Texas Regulator, Will Open Withdrawals for 12,000 Customers
<p dir="ltr">The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypto assets for roughly 12,000 investors.</p><p dir="ltr&quo
Doo Group Enters Middle East: Opens Dubai Office
<p dir="ltr">Doo Group, which has retail and institutional offerings in the retail contracts for differences (CFDs) industry, has entered the Middle East with the opening of a new office in Dubai, United Arab Emirates. </p><p dir="ltr">A Strategic Location for Doo Group</p><p dir="ltr">Ann
Franc went too far. Forecast as of 23.01.2024
Last year's clear leader, the franc, risks becoming an outsider in 2024. It has lost the central bank's support, which creates serious difficulties for the USDCHF bears. Let's discuss this topic and make up a trading plan. Weekly Swiss franc fundamental forecast The Swiss franc was the best G10 performer in 2023 thanks to expectation