Britain’s Binance Ban Illustrates that Even the Largest Exchanges Face AML Inadequacies
- 4 years 11 months ago
- Trading Systems, AML and KYC, Financial
This weekend, Britain’s Financial Conduct Authority announced that Binance Markets Limited is currently “not permitted to undertake any regulated activity” in the United Kingdom. Last month, Binance Markets Limited withdrew its 5MLD application, and all parties seem to agree that the latest developments did not come as a surprise.
The Chartered Institute for Securities & Investment Signs an MOU with Gibraltar Funds & Investments Association (GFIA)
- 4 years 11 months ago
- Investment, Financial
The Chartered Institute for Securities & Investment (CISI) and the Gibraltar Funds and Investments Association (GFIA) are delighted to announce a collaboration aimed at strengthening the culture, integrity and professionalism of financial services markets and practitioners. The confirmation will mean that reciprocal arrangements will be in place for members of both organisations to access mutual qualifications, membership and continuing... more
Apex Litigation Funding Achieve a Place in the Latest Chambers Guide
- 4 years 11 months ago
- Artificial Intelligence, Financial
Apex Litigation Funding has been ranked in the Chambers Guide 2021, despite the firm only completing its first full year in recent months. It has achieved a ranking in the ‘Litigation Funding: Insolvency’ section of the latest Chambers Litigation Support Guide.
LPA Expands French Team with Two New Senior Hires
- 4 years 11 months ago
- Financial, Insurance, Consultancy, People Moves
LPA Group, the capital market technology and innovation leader, today announced the expansion of its French office with two new senior hires: Michael Lemke as Head of Client Delivery Solutions and Vincent Stefanović as Client Director Sales for the Buy-Side. Based in Paris, Michael and Vincent will join Thomas Geist, Senior Sales Account Manager, in promoting LPA Group’s innovative technology solutions for financial services and supporting the... more
Finastra Survey Finds Banking as a Service (BaaS) Set to Make Significant Impact on Financial Services in Next 12 Months
- 4 years 11 months ago
- Open Banking, Banking, IT Innovations, Financial
85% of respondents at global financial institutions believe Banking as a Service (BaaS) will make an impact over the next year; 40% believe the impact will be significant More than 9 in 10 respondents agree that Open Banking is important to their organization; 97% of those that already use Open Banking recognize that it has provided benefits to their business
Nucleus Commercial Finance Comments on FSB Calling for Increased Government Support for SMEs
- 4 years 11 months ago
- E-Commerce, Financial
Chirag Shah, CEO, Nucleus Commercial Finance comments: “SMEs across the country were hoping to reopen on 21st June and had naturally planned for this financially. This delay combined with winding down of government support is undoubtedly a big blow for those businesses who have started making repayments on existing facilities. Our own research found that only a quarter of SMEs were anticipating a delay to reopening, meaning the majority of... more
More Than Half of UK Financial Services Workers Plan to Change Jobs in the Next Year, shows Visier Study
Research commissioned by people analytics company Visier reveals that more than half of financial services employees in the UK expect to actively look for jobs outside their current company in the next 12 months - with almost a quarter (24 percent) already looking for new jobs, suggesting a potential peak season of resignations in the sector. Of employees actively considering changing jobs, as many as six in ten (62 percent) say they are... more
Female Invest - Meet Europe’s Largest Financial Education Platform For Women, Closing The Gender Investment Gap
- 5 years 8 hours ago
- Investment, Financial
Danish startup, Female Invest (www.femaleinvest.com), is an EdTech platform and community which, through approachable subscription-based e-learning, empowers millennial and Gen Z women by increasing their understanding of personal finance and investing.
Dynamic Planner Boosts Specialist Expertise With Actuary Appointment
Dynamic Planner has boosted specialist expertise in its Proposition Team with the appointment of Steph Willcox as Head of Actuarial Implementation. This latest appointment follows the recent expansion of Dynamic Planner’s Sales and Marketing teams and underlines the accelerating growth of the business.
PFC Consulting Limited (PFCCL) Incorporates Mohanlalganj Transmission Limited as Wholly Owned Subsidy
- 5 years 9 hours ago
- Financial
PFC Consulting Limited (PFCCL), a wholly-owned subsidiary of Power Finance Corporation Ltd. (PFC), has complete the process of incorporating Lucknow based Special Purpose Vehicle (SPV) Company- Mohanlalganj Transmission Limited as its wholly owned subsidy.
Diginex Limited & EQUOS rebrand as EQONEX
- 5 years 2 days ago
- Asset Management, Cryptocurrencies, Financial
Diginex Limited, the digital asset financial services company, is pleased to announce that it is unifying its businesses under the brand, EQONEX. The rebrand brings together under the EQONEX Group brand, its cryptocurrency exchange, custody platform, multi-venue trading business, over-the-counter (OTC) offering, its asset management solution, securitization business and the upcoming investment products and borrowing and lending businesses.
3 Effective Fintech Marketing Strategies
The crossover and application of finance and technology (fintech) has become essential in providing financial services for both businesses and consumers today. While it experienced a decline in 2020, the UK fintech industry saw a tremendous growth of 331% in the span of a year, leading up to £2 billion in investments. With such a positive trajectory, the industry can only be expected to flourish.
Ultimate Beneficial Ownership has Never been More challenging for regulated businesses. The complexities of International trade and the Global Financial Systems have Opened new Opportunities for Criminals
- 5 years 4 days ago
- Trading Systems, Financial
Far from operating in the shadows, criminals disguise their activities as legitimate businesses to hide illicit funds. Failing to understand who you are doing business with, or the status of the client counterparty (KYC) or the Ultimate Beneficial Owner (UBO), increases your organisations’ risk of financial crime or reputational damage.
GoCompare Partners with Mojo to use Online Broker's Comparison Tech
The partnership underlines Mojo's commitment to bringing more transparency and confidence to future homeowners and mortgage holders. Online mortgage broker Mojo Mortgages has partnered with GoCompare to bring new levels of financial confidence to millions of people.
