CryptoCompare, the leading provider of cryptocurrency data and indices, today released its June 2019 Exchange Review, offering investors, analysts and regulators analysis of key developments in the cryptocurrency exchange market. 

Charles Hayter, CEO and Co-Founder of CryptoCompare, said:

A recent survey by CryptoUK revealed that nearly “three-quarters of UK-based crypto businesses have been forced to bank abroad due to the difficulty in opening a bank account locally.”

At CoinCorner, we’re not surprised to learn that the number of businesses in the cryptocurrency industry having difficulties opening a UK bank account is so high.

Aqua Security, the leading platform provider for securing container-based and cloud native applications, announced today the public release of Aqua Security’s runtime protection for Pivotal Cloud Foundry ® (PCF).

Blockchain, the leading provider of cryptocurrency products and creator of the world’s most popular crypto wallet, is launching The PIT, the first microsecond-latency crypto exchange. The institutional-grade platform fills the void for a
reliable, fast, and liquid marketplace where all investors can trade crypto fairly. After extensive, the custom “Mercury” matching engine delivers speeds a quantum faster than any other crypto exchange.

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, has launched TravelHub, a solution built to connect travel companies with Ingenico’s global end-to-end payment processing capabilities and regional gateways across Asia, Latin America and Europe.

Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving customers’ needs as it expands into new markets.

Dolfin, an independent and agile wealth management platform, has appointed Richard Webb as Head of Technology. In the newly created role, Webb will oversee Dolfin’s technology and infrastructure strategy and lead the development of its digital wealth management offering.

The securities servicing industry may be near a tipping point in adopting Application Program Interfaces, or APIs, as firms pursue improved efficiency and new business models.

A new report published today by SWIFT and the Boston Consulting Group found that API interest is rapidly growing in the post-trade area. Over the course of 2018 alone, awareness of APIs among asset managers increased 26 percentage points to 72%, according to a BCG survey. The growing commercial interest is driving more pilot schemes and use cases, particularly between asset managers and their custodians.

The FCA annual report is out and it’s not just Brexit under the microscope. As expected, operational resilience continues to be an area of concern, building on the issues raised in their business plan of 2019/2020 in April. It’s clearly an area they feel deserves more attention. And it’s not just the FCA, other regulators have all raised similar such as European Securities and Markets Authority (ESMA), Luxembourg Commission de Surveillance du Secteur Financier (CSSF); and Central Bank of Ireland (CBI).