September 11, 2024 BY Sam Boughedda

ASX Chair Damian Roche to Retire

Roche, who has been serving as Chair for several years, has been guiding the ASX through a period of significant transformation. However, he had come under heavy pressure in recent years, particularly regarding the replacement of its Chess clearing infrastructure. The process has resulted in the Australian Securities and Investment Commission suing the market operator.…

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September 11, 2024 BY Sam Boughedda

Naqdi Secures UAE SCA License, Looks to Expand Offerings

"This achievement underscores Naqdi's unwavering commitment to regulatory compliance, transparency, and offering innovative solutions tailored to the needs of the modern trader," the company said in its press release. The SCA license, one of the most stringent in the UAE, ensures that licensed entities adhere to the required standards of financial practice and governance. By…

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Paramount Share Price Falls as Buyout Still to Be Decided
September 10, 2024 BY Sam Boughedda

Wise Platform Joins ABX Platform as Newest Payment Partner

Wise Platform, Wise's global payments infrastructure for banks and global enterprises, provides banks, financial institutions, and global enterprises with the capabilities, technology, and network to enable fast, secure, and cost-effective international payments for their customers. By joining the ABX Platform, it is said that Wise Platform will give AbbeyCross users access to faster, transparent, and…

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Torstone Technology expands its London headquarters
September 10, 2024 BY Sam Boughedda

AJ Bell Chief Operating Officer Roger Stott to Step Down

Roger joined AJ Bell in July 2008, and during his time at the company, he held various roles, including Group Finance Director and Chief Risk Officer. In August 2021, Stott was appointed to the company's board in the newly created role of COO, which saw him take responsibility for the operational aspects of the business.…

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September 10, 2024 BY Sam Boughedda

Alpha Group CEO Morgan Tillbrook to Step Down

Tillbrook, who has been at the helm of the financial services firm for 15 years and will continue to provide strategic advice to the company on an ongoing basis, has also committed to retaining a significant shareholding of no less than 10% in the company for at least three years. He will be succeeded by…

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September 05, 2024 BY Sam Boughedda

PortX to Launch Fintech Hub on AppMarket from Fiserv

Fintech Hub is a marketplace that provides Fiserv clients "rapid access to top fintech solutions, helping them attract new customers, boost efficiency, and increase competitiveness." It is said the partnership will streamline fintech integrations for financial institutions, accelerating their time to market and enhancing their ability to offer innovative services. As a pre-integrated app on…

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Robinhood app on mobile
September 05, 2024 BY Sam Boughedda

Robinhood Agrees $3.9 Million Settlement with California Over Crypto Withdrawals

The settlement, announced by Attorney General Rob Bonta, is the first public action by the California Department of Justice (DOJ) against a cryptocurrency company. The investigation revealed that during the period, Robinhood (Specifically Robinhood Crypto, LLC) prevented customers from withdrawing their cryptocurrency, forcing them to sell their assets back to the platform to exit trades. The…

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