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The AI RegTech Trap: Why Smart Tools Fail Unprepared Firms Finance Magnates Finance Magnates - the world’s only multi-asset online trading knowledge hub - offers financial news, industry research, international events and more.

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News


financemagnates.com > forex > capitalcom-ring-fences-uae-crypto-business-under-new-licence

Capital.com Ring-Fences UAE Crypto Business Under New Licence

3+ week, 3+ day ago   (319+ words) will get access to crypto services through a separately regulated affiliate company, while its CFD business..., custody and risk arrangements are held separately from those of Capital.com’s other regulated businesses...


financemagnates.com > forex > brokers > valutrades-says-business-as-usual-after-pausing-onboarding-and-cutting-client-segments

Valutrades Says “Business as Usual” After Pausing Onboarding and Cutting Client Segments

4+ day, 22+ hour ago   (238+ words) onboarding and stopped serving some client segments, but still describes its global operations as “business...re concentrating our resources on client segments and markets that are aligned with our long-term business...Valutrades also said its financial position remains unchanged and…...


financemagnates.com > cryptocurrency > the-245-million-phone-call-how-crypto-fraud-became-a-business

The $245 Million Phone Call: How Crypto Fraud Became a Business

4+ day, 1+ hour ago   (662+ words) Lam's enterprise worked as an organised business with a clear hierarchy and distinct roles....is not the geography, but the operating model: social engineering has become a staffed, segmented business...


financemagnates.com > cryptocurrency > australia-removes-45-remittance-and-crypto-providers-from-aml-registers

Australia Removes 45 Remittance and Crypto Providers From AML Registers

1+ week, 12+ hour ago   (488+ words) Australia removed 45 remittance and virtual asset businesses from its anti-money laundering registers...The latest announcement also covers businesses that could not demonstrate the capacity to start or continue...The Australian Business Register continued to show BA Digital Ventures' ABN as…...


financemagnates.com > cryptocurrency > fix-calls-for-standards-as-retail-brokers-enter-tokenisation

FIX Calls for Standards as Retail Brokers Enter Tokenisation

3+ week, 4+ day ago   (320+ words) “The business cases for tokenisation are both compelling and well advanced,” Kaye said, particularly...Data encryption is another concern....


financemagnates.com > forex > weekly-review-nigeria-proposes-new-cfd-rules-svg-pauses-crypto-applications

Weekly Review: Nigeria Proposes New CFD Rules; SVG Pauses Crypto Applications

1+ week, 2+ day ago   (1188+ words) Regulatory changes, business expansion and product diversification shaped a busy week across retail trading...Saint Vincent and the Grenadines introduced measures affecting leveraged products and virtual asset businesses...Authority of Saint Vincent and the Grenadines has suspended new applications for…...


financemagnates.com > thought-leadership > inside-fivecomplys-global-licensing-strategy-from-300-licences-to-local-expertise

Inside FiveComply's Global Licensing Strategy: From 300+ Licences to Local Expertise

6+ day, 12+ hour ago   (1590+ words) well as corporate and group structuring and the establishment and ongoing operation of regulated businesses...Magnates spoke with FiveComply about choosing the right jurisdiction for Forex, CFD and crypto businesses...offered — whether Forex, CFDs, crypto assets, payments or other financial…...


financemagnates.com > forex > retail-brokers-are-trying-on-new-suits-for-the-multi-asset-frontier

Retail Brokers Are Trying On New Suits for the Multi-Asset Frontier

3+ week, 5+ day ago   (466+ words) It needs dedicated senior ownership to connect our derivatives, crypto and future businesses, and unlock...Australian-based broker Pepperstone has recently put a job ad for a Head of Cross-Asset Strategy, a role...


financemagnates.com > thought-leadership > one-psp-isnt-enough-why-smart-payment-routing-matters

One PSP Isn’t Enough: Why Smart Payment Routing Matters

3+ week, 5+ day ago   (1041+ words) For businesses operating across multiple countries, the issue can become even more complex as payment...This is driving more businesses to look beyond a single payment service provider (PSP) and consider multi-PSP...works and why payment orchestration is becoming an…...


financemagnates.com > fintech > fintech-has-found-a-new-favourite-number-but-it-comes-with-a-catch

Fintech Has Found a New Favourite Number. It Comes with a Catch

1+ week, 3+ day ago   (797+ words) talking publicly about the annual recurring revenue generated by Engine, its banking technology business...Some excellent businesses were financed that way; some less excellent ones benefited, too....Fintech has borrowed the acronym for businesses whose economics can look completely different.......

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