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MoneyGram International, Inc. (NASDAQ:MGI) today announced that it has completed a strategic minority investment in cryptocurrency cash exchange Coinme. This venture, which gives MoneyGram an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round. “At MoneyGram, we continue to be bullish on the vast opportunities that exist in the ever-growing world…

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Credit Suisse announces the appointment of Pablo Carrasco as Head of Wealth Management Iberia to lead this strategic market for the bank and to continue to drive this region’s strong growth trajectory. Mr Carrasco brings more than 20 years of experience in wealth management globally. He has been with Credit Suisse for some 15 years…

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Copenhagen based Retail FX and CFDs broker Saxo Bank closed out a fairly slow 2021 with a strong December showing, with its overall client multi-asset trading volumes coming in at $361 billion – its second best month of the year. Two thirds of Saxo’s December activity came in the form of equity trading, which was…

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BNP Paribas and Deutsche Bank today announced that the transfer of clients, technology and key staff from Deutsche Bank’s Global Prime Finance and Electronic Equities businesses to BNP Paribas has been successfully completed by the end of 2021, in line with the targeted timeline. The successful global integration was driven by strong collaboration between the…

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Online gaming and financial services firm Playtech plc (LON:PTEC) has announced that it is postponing its shareholder vote on the £2.1 billion sale of the company to Australia’s Aristocrat Leisure Ltd (ASX:ALL) from next week to the beginning of February. Aristocrat’s offer is 680p per Playtech share, payable in cash. However Playtech shareholders are clearly…

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Cyprus based NDFs focused broker Sheer Markets has announced that it has selected Muinmos as its RegTech partner for fast onboarding and regulatory compliance. Sheer Markets, which was founded in 2019, is regulated by CySEC and the LFSA (Labuan Financial Services Authority). The firm selected Muinmos’ complete and fully automated AI-based onboarding solution. This comprises…

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London based multi-asset liquidity provider and prime brokerage Finalto has announced that it will add 32 leveraged equities belonging to some of the most prestigious companies listed on the Singapore Stock Exchange (SGX) to its list of offerings. Finalto already offers over 1,000 single stock CFDs to its clients. Through its continuous investment in technology,…

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Electronic trading major Interactive Brokers has updated its TWS platform, adding a patch for the recently detected “Log4j” software vulnerability. Interactive Brokers says: “Due to a global vulnerability in popular infrastructure software known as “Log4j,” we recently updated libraries for all versions of our TWS software. If you use the standalone “Offline” version of TWS,…

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Specialized payments platform Paysafe Limited (NYSE:PSFE) today announced that Cannae Holdings, Inc (NYSE:CNNE), through its subsidiary, has purchased approximately 5.7 million shares of Paysafe’s common stock through a series of open market transactions in late December 2021. The transactions are in accordance with the company’s securities trading policy and applicable securities laws. As of December…

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Intercontinental Exchange, Inc. (NYSE:ICE) today announced the launch of its leading-edge service that is designed to enable broker-dealers to meet the new requirements resulting from recent amendments to SEC Rule 15c2-11. The ICE solution helps broker-dealers obtain and review issuer information about fixed income securities before publishing or submitting a quotation in a quotation medium…

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