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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
Brokeree's Third Redesign in Six Months Lands on PAMM
9+ hour, 43+ min ago (486+ words) Anton Sokolov, head of product, said the company ran hours of sessions with clients before deciding what to change, and that with every product on one design language, "we expect improvements to reach clients faster than before." "A clearer interface…...
How to Choose a Crypto Payment Gateway and Processor: The Due Diligence Nobody Writes About
3+ day, 7+ hour ago (1008+ words) Every comparison table ranks providers on licensing, settlement and fees. Those are the easy questions. The ones that decide whether the system survives contact with real customers sit a layer below, in operational policy that most providers don’t publish. Search…...
Singapore Tests Cross-Bank AI to Flag Scam Accounts in Near Real Time
3+ day, 2+ hour ago (382+ words) Singapore is moving fraud detection beyond the data held by individual banks, testing whether financial institutions, law enforcement and the regulator can identify suspicious payment chains through a shared testing setup. London's trading industry is coming home! The Monetary Authority…...
Paystand Brings AI 'Digital Employees' to B2B Finance on Its Programmable Money Network
3+ day, 11+ hour ago (650+ words) "This is a growing suite of enterprise-grade digital employees enabling finance team members to spend their time focusing on growth," said Jeremy Almond, co-founder and CEO of Paystand. "These agents are not AI bolted onto old payment infrastructure. They execute…...
Prop Firm FundingPips Expands Built-In Trade Copier Across Three Trading Platforms
1+ week, 11+ hour ago (446+ words) However, the same instructions still label the product "MT5 only." They say cTrader and Match-Trader accounts cannot be added as a lead, follower or external account. FundingPips expanded its built-in trade copier to display MetaTrader 5, cTrader and Match-Trader yesterday (Sunday). A…...
"No One Writes Code Manually Anymore at Deriv": CEO Rakshit Choudhary
1+ week, 4+ day ago (690+ words) "What matters to us is making Deriv a better, more efficient company, one that gives clients a real reason to stay with us." That is how Rakshit Choudhary, CEO of Deriv, frames the online broker's push to become what the…...
cTrader Added 121,000 YouTube Subscribers in 12 Weeks. Now It Wants AI Creators
1+ week, 4+ day ago (402+ words) The program shifts Spotware's AI push from releasing tools to finding outside creators who can demonstrate them. It also extends the company's wider effort to build a market around third-party developers and trading tools. The first open call will run…...
Tickmill's Ingmar Mattus: The "Mindset Problem" Killing CFD Brokers Who Won't Diversify
1+ week, 5+ day ago (1030+ words) Regulation has tightened alongside the competition, and not only the rules written by governments. "By regulations, I don't only mean the regulations coming from governments," Mattus said. "I also mean various policies that financial institutions have in place. Back in…...
RUBIK Says It Now Makes Risk Decisions for Prop Firm Clients
1+ week, 5+ day ago (556+ words) "The revenue generated today will impact your payouts months later," Abitbol told FinanceMagnates.com. RUBIK now says it intervenes earlier in that cycle. "We operate as a professional risk desk from A to Z," Abitbol told ResponsibleTrading.com. RUBIK works…...
Interactive Brokers Client Equity Nears $1 Trillion in August Despite DARTs Slip
1+ week, 6+ day ago (314+ words) Interactive Brokers Group reported continued growth across its brokerage business in August, with client equity approaching $1 trillion and the number of client accounts reaching 5.46 million. The Nasdaq-listed electronic broker recorded 4.28 million daily average revenue trades during the month. That was…...