The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming the growth of the world's top altcoin, Ethereum. The new cryptocurrency has witnessed its value increase dramatically since its November 2016 ICO.
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Trax®, a subsidiary of MarketAxess Holdings, Inc. and a leading provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announce plans to offer Trax Approved Publication Arrangement (APA) customers the choice to direct equity trade reports to the Bats APA in order to help market participants comply with MiFID II post-trade transparency obligations.
After sieving through close to 400 applications across 44 countries, The FinLab, Singapore's first corporate fintech accelerator, selected 8 innovative fintech businesses for its second cycle of acceleration.
Netclearance, providers of the world’s biggest network of smart Bluetooth payment terminals, today unveils the world’s first commercially available Bluetooth 5 payment beacon.
The device brings three key benefits to merchants and financial institutions:
Chase customers now have broader access to an easy, safe and fast way to pay other individuals through the ZelleSM network.
Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.
BlueRock Wealth Management Inc., a trusted wealth management firm that provides personalized financial advice and services, has announced that it is offering FutureVault’s Digital Collaborative Vault – called the BlueRock Vault – as an exclusive service to its executive and high-net-worth clients.
Today, Circle customers in the US, UK and Europe now have the ability to send and receive money instantly across borders with no fees and no markup on foreign exchange rates.
Other news we’re sharing today includes:
The Netherlands Authority for the Financial Markets (AFM) today announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits.
The EUR 2.4 million fine relates to shortcomings in ICS’s lending practices from June 2012 to March 2015. Some ICS clients were given credit limits that were too high, for which they paid interest and, in some cases, fees.
Blockchain-based banking startup BABB has today announced the appointment of blockchain heavyweight Dr. Anish Mohammed, who has joined the team as CTO & CSO to spearhead the launch of the world’s first blockchain-based bank account.