News

Video courtesy of CSOB

Video courtesy of CSOB

In the context of roaming fees, clearing and settlement refer to the processes that ensure mobile carriers get paid for the usage of their networks by subscribers of other carriers when those subscribers are “roaming” outside their home network’s coverage area. Here’s a breakdown:
Scenario: Imagine a customer with a Verizon phone travels to…[Read more]

The untapped potential of paper coupons! The shift to digital coupons offers a significant advantage beyond just convenience. The data generated from digital redemptions provides a goldmine of information for both retailers and manufacturers.
Think about it: with digital coupons, businesses can track exactly which consumers are redeeming which…[Read more]

SWIFT has a digital strategy that is actively evolving to address the changing landscape of the financial industry and technological advancements. Their strategy focuses on several key areas:
1. Developing Infrastructure for Digital Assets:
* SWIFT recognizes the increasing importance of digital assets and is working on building the…[Read more]

The Society for Worldwide Interbank Financial Telecommunication (SWIFT), legally known as S.W.I.F.T. SC, is not a private company in the traditional sense. Instead, it is a cooperative society under Belgian law.
Here’s a breakdown of its ownership and structure:
* **Owned by its members: SWIFT is owned and controlled by its shareholders, which…[Read more]

Video courtesy of KDPW

Video courtesy of KDPW

The European financial markets are gearing up for a significant shift with the proposed move to a T+1 settlement cycle. Currently, the standard settlement cycle in the European Union for most transferable securities, such as shares and bonds, is two business days after the trade date (T+2). However, the European Securities and Markets Authority…[Read more]

Global Payments Inc. (NYSE: GPN) has announced the launch of Genius, a new point-of-sale (POS) command center designed to streamline business operations for various verticals. This platform aims to unify Global Payments’ existing POS offerings into a single, highly configurable system.
Here’s a breakdown of what Genius offers:
Key Features and…[Read more]

Mastercard and MoonPay have joined forces to enable stablecoin payments at over 150 million merchant locations worldwide. This partnership aims to mainstream the use of stablecoins by allowing users to spend their crypto balances using Mastercard-branded cards. MoonPay will leverage its recent acquisition of Iron’s API infrastructure to facilitate…[Read more]

Turquoise Global and LeveL Markets have partnered to introduce a new order type, a “Manual Conditional Order Type,” aimed at improving block trading for buy-side and broker clients.
Here’s a breakdown of what this means:
* New Order Type: The “Manual Conditional Order Type” will be available on Turquoise.
* Unique Liquidity: This partnership…[Read more]

Mike Novogratz, the CEO and founder of Galaxy Digital, has described the company’s path to listing on the Nasdaq as “unfair, infuriating,” and “un-American” due to the extensive delays and regulatory hurdles encountered. Galaxy Digital began trading on the Nasdaq Global Select Market today, May 16, 2025, under the ticker symbol GLXY. The company…[Read more]

Video courtesy of ABN-AMRO

Video courtesy of ABN-AMRO

Solution providers play a crucial role in assisting firms as they increase their activities in digital assets by offering specialized tools, services, and expertise that address the unique challenges of this asset class. Here’s how they can help:
1. Custody Solutions:
* Secure Storage: Providers offer institutional-grade custody solutions for the…[Read more]

Developing an effective and efficient risk management framework for digital assets requires a thoughtful and adaptable approach, building upon traditional risk management principles while acknowledging the unique characteristics of this asset class. Here’s a breakdown of key steps and considerations:
1. Establish Clear Governance and Oversight:
*…[Read more]

The lack of relevant and reliable market data stands out as a critical hurdle for firms venturing into the realm of digital assets. Building upon our previous discussion, let’s delve deeper into why this challenge is so significant and what specific aspects contribute to its impact:
Why the Lack of Relevant Market Data is a Major Challenge:
*…[Read more]

Institutions face significant hurdles related to data and market data when incorporating digital assets into their investment strategies. These challenges can be broken down into several key areas:
1. Data Quality and Inconsistencies:
* Lack of Standardization: Unlike traditional financial markets with established data vendors and regulatory…[Read more]

Video courtesy of Escrow.com

Video courtesy of Escrow.com

Institutions face several significant challenges when considering incorporating digital assets into their investment strategies. These can be broadly categorized as follows:
1. Regulatory Uncertainty and Compliance:
* Evolving and Fragmented Landscape: The regulatory environment for digital assets is still developing and varies significantly…[Read more]

Dick’s Sporting Goods has agreed to acquire Foot Locker in a deal valued at approximately $2.4 billion. The announcement was made on Thursday, May 15, 2025.
Here are some key details of the acquisition:
* Purchase Price: The deal implies an equity value of $2.4 billion and an enterprise value of roughly $2.5 billion. Foot Locker shareholders will…[Read more]

Federal Reserve Chair Jerome Powell recently indicated that the period of stable inflation experienced in the years leading up to the COVID-19 pandemic may be over. Speaking at a conference on May 15, 2025, he suggested that the U.S. economy might be entering an era characterized by more frequent and potentially persistent supply shocks.
Here’s a…[Read more]