The UK's financial services regulator has warned of a suspected clone firm claiming to be affiliated with a previously registered entity. In a notice published today (Friday), the Financial Conduct Authority (FCA) mentioned that it had not authorized forexeze.com and forex-eze.com to conduct its services. The FCA added that these clone entities have been reaching out to individuals, presenting themselves as legitimate financial service providers. Identifying the Clone Firm Clone firms use various deceptive tactics, mimicking authorized entities' details to appear genuine. They often replicate ..read more

In Latin America, Brazil leads in financial inclusion with 70% adoption of debit or credit cards. The country has recorded 55% card usage and an outstanding level of real-time payment usage. This positive trend is contributed by the elimination of barriers to payment infrastructure in the country. These are the findings of a joint study between Nubank and Mastercard, which highlighted the path individuals pursue toward financial inclusion. The study, which is based on data from 3.6 million Nubank's customers, also highlighted the impact of financial inclusion and long-term economic growth. Unl ..read more

The long-awaited day of the 4th phase of Bitcoin's halving is looming in the cryptocurrency sector. The countdown to this event shows that it could happen around the final hours of Friday evening if you are located in the Americas or Saturday morning if you are in Asia or Europe. According to the market metrics, the event is much anticipated and should be discounted well in advance of its actual occurrence. In contrast to unpredictable overnight barrages of rockets in the heat of the Middle East, the halving event has a clear outcome—the amount of BTC rewards that miners get for completing a b ..read more

The realm of digital identity has always been a precarious one, a constant dance between convenience and security. In the past, a grainy webcam selfie and some hastily typed information might have sufficed for verification. But in the age of deepfakes and ever-evolving fraud tactics, the stakes have never been higher. The game of digital deception has gotten a nightmarish upgrade, and the line between real and fabricated blurs with every passing day. Companies like Socure are wielding the double-edged sword of artificial intelligence (AI) in the fight against identity theft. Their latest weapo ..read more

Cash may be king, but it's a clunky monarch, weighed down by the burdens of physicality. The digital age demands a more agile ruler, one that thrives in the realm of ones and zeroes. Enter Fast Payment Systems (FPS), the fintech upstarts poised to dethrone cash and usher in a new era of frictionless finance. FPS boast a simple yet revolutionary proposition: instant transfers between bank accounts, 24/7, 365 days a year. No more waiting days for checks to clear or scrambling to find an ATM on a Sunday afternoon. This streamlined efficiency has the potential to reshape our financial interactions ..read more

The fight over Earned Wage Access (EWA) is the latest skirmish in the ongoing war for the wallets of America's working class. This seemingly innocuous service, allowing employees to access a portion of their already-earned wages before payday, has ignited a firestorm in the payments industry, pitting Democrats against Republicans and revealing a fundamental disagreement about financial empowerment versus predatory lending. On one side, a chorus of Republican lawmakers sings the praises of EWA, painting it as a beacon of financial freedom for cash-strapped workers. They envision a world where a ..read more

Chris James, the Chief Technology Officer of Gold-i, has left the company. James, who has held the role of the CTO at the trading technology provider for six years, was responsible for client support, operations and onboarding, software development, and quality assurance teams. Gold-i Celebrates Chris James' Tenure "Today, we bid sad farewell to Chris James, who joined Gold-i 12 years ago as a tester and rapidly rose to the position of CTO. Chris was responsible for many innovations during his tenure with us, and we will miss his immense intelligence and dedication," Tom Higgins, the CEO of Go ..read more

Prop Trading Firm True Forex Funds announced today (Friday) via social media platform X (formerly Twitter) the launch of Match-Trader, its new secondary trading platform. The platform is now accessible in selected countries including Germany, Austria, Sweden, and Hungary. Approximately 10,000 accounts are slated for migration to the platform. Preparing for Match-Trader Launch True Forex Funds expressed confidence in the platform's stability. While anticipating minimal bugs, measures have been implemented to facilitate a smooth transition, including the limitation of initial availability to mit ..read more

Ramp Network, the financial technology company building payment rails connecting crypto to the global financial system, has announced it is enabling the purchase and withdrawal of the USDt on TON stablecoin launched by Tether. With native USDt on TON, the network enhances Tether’s use case by enabling a simple, borderless experience for peer-to-peer payments in the Telegram Messenger ecosystem, which has grown to more than 900 million users globally. USDt is already the world's most widely-used stablecoin with a market cap of more than 107 billion dollars, supported on dozens of leading blockc ..read more

Bybit, one the world’s top three crypto exchanges by volume, is excited to announce a P2P Cashback Giveaway exclusively for traders in the MENA region. This exciting campaign offers traders the chance to earn up to 20 USDT by participating in P2P trading and sharing their experiences on social media. Event Period: From now till May 6, 2024, 10:00 AM UTC Campaign Highlights: 1. Deposit and Trade to Earn 15 USDT: · Deposit at least $100 via P2P Trading within seven days of registration. · Trade at least $50 on the Spot or Derivatives market. · Earn a total of 15 USDT in cashback rewards. 2. Spre ..read more