Even a few small errors in employee expense claims can quietly cost companies millions. Data from Rydoo, an expense management software provider, shows that firms are overpaying on employee reimbursements by 5–14% on average.Join IG, CMC, and Robinhood at London’s leading trading industry event!While most expense submissions follow policy, gaps in manual review processes allow costly errors and even deliberate fraud to slip through. Rydoo analyzed over 10 million expense claims through its Smart Audit module, which uses AI to detect non-compliance. Non-Compliance Drains Money and TimeThe findings reveal that 86% of expenses comply with company policy, leaving 14% of claims at risk. This 14% includes both errors, such as misclassified or incomplete claims, and intentional actions like duplicates or falsified receipts.Left unchecked, these claims inflate operating costs and reduce potential VAT recovery. Manual expense reviews compound the problem. A mid-sized company of around 650 employees could spend 2,300 hours annually checking claims, yet still miss repeat patterns or anomalies.“Advanced AI audit solutions can close control gaps by enabling finance teams to automatically review every claim in real time and apply policy consistently, while maintaining human oversight where it adds value,” said Sebastien Marchon, CEO of Rydoo. “With meaningful time and cost saving benefits, companies that fail to embrace technology in expense management will fall behind.”However, artificial intelligence is changing the way finance teams approach expense compliance. By analyzing 100% of claims in real time with roughly 97% accuracy, AI flags anomalies automatically.From Detection to Intelligent GovernanceLow-risk, recurring claims – around 70% of submissions – can be processed without human intervention, freeing finance staff to focus on exceptions and higher-risk cases. According to the study, AI not only improves accuracy but also reduces the hours spent on manual checks, improving operational efficiency across finance teams.You may also like: Crypto.com Adds Google Pay in UK to Boost Mobile Wallet PaymentsWith AI embedded in platforms, finance teams can shift from periodic auditing to continuous assurance, combining real-time monitoring with human-in-the-loop oversight. This approach ensures policy compliance while giving employees faster processing of legitimate claims.While AI helps control compliance, it also creates new challenges. Fake receipts generated by AI tools and manipulated claims using simple software are becoming more sophisticated, making traditional manual audits increasingly insufficient. Marchon warns that 30% of expense fraud could be AI-generated in the near future, highlighting the need for technology-driven detection systems.Real Savings and Strategic ValueAutomation isn’t just about preventing overpayments. Rydoo’s data shows that around 70% of low-risk claims – like subscriptions, commute allowances, and routine purchases – can be processed end-to-end automatically. This saves hundreds of hours per year and improves the consistency of reviews. High-value or ambiguous expenses still benefit from human oversight, allowing finance teams to focus on strategic, high-impact work. This article was written by Jared Kirui at www.financemagnates.com.

A platform called XPO.RU is at the centre of a large investment racket in Rajasthan, India, local media reported. It operated through a website and mobile app and was promoted as a channel for overseas investments. The group held seminars and offered referral commissions to attract investors.Join IG, CMC, and Robinhood at London’s leading trading industry event!Police say about 450K people across India lost nearly $420 million. In Jodhpur, around 10,000 people invested roughly $18 million. At a seminar on 22 September in Jhalamund, participants were promised a 10 percent commission for adding new investors.Company Claims Exaggerated, Funds MisrepresentedThe case surfaced after a complaint was filed in Bharatpur. Police later arrested five associates of the operation. Officers seized jewellery, five cars, and cryptocurrency worth approximately $4.8 million.Investigators said the company claimed “4.7 million users” and “USD 4.3 billion” in funds. Actual figures were about 470K users and deposits of around $370 million.Despite the arrests, the company’s directors continue to tell investors “not to panic” and say the situation will “settle soon.”Luxury Seminars Used to Lure InvestorsPreparations continue to take 50 investors from Jodhpur and 200 from across the state to Azerbaijan on 2 December. The company is not registered with any Indian authority. Local media reported that the same group also ran Digix.com, which raised over $60 million from about 9,000 investors. Although XPO.RU claims to operate from Russia, the network began its activities in Jaipur in 2022.Investors said seminars were held in luxury hotels in Jodhpur, where operators showcased high returns and displayed vehicles. One investor said they gifted “Mercedes, Range Rovers and BMWs” during the events. Several vehicles remain booked at two showrooms. Some investors were also taken on foreign trips.The company promised monthly returns of 15 to 20 percent. Many people used bank and private loans to invest, hoping to earn more than typical loan interest of 1 to 2 percent per month. This article was written by Tareq Sikder at www.financemagnates.com.

Crypto.com has activated Google Pay support for all UK-issued Crypto.com Visa cards, giving users the ability to make tap-to-pay purchases with their Android devices across any merchant that accepts Visa or Google Pay.Digital assets meet tradfi in London at the fmls25Integration Via Crypto.com of Google WalletAccording to the company, the integration allows UK customers to add their Crypto.com Visa cards directly through the Crypto.com app or Google Wallet. Once linked, users can tap their Android devices in stores, pay online, or complete in-app purchases at any merchant that accepts Visa or Google Pay.Exciting news for users with UK-issued https://t.co/vCNztATkNg Visa Cards! You can now enjoy contactless payments by adding your Card to Google Walletᵀᴹ ?? ? Add your Card now: https://t.co/uizkqIx8I2 ℹ️ Only available for UK-issued https://t.co/vCNztATkNg Visa Cards.… pic.twitter.com/B7L3nxq1ro— Crypto.com (@cryptocom) November 24, 2025Each transaction reportedly converts crypto to cash instantly in the background, and is available for UK card holders. The exchange has touted the encrypted payment data as a way to reduce exposure and allows customers to transact without revealing personal card details.Crypto.com positions this update as a way to streamline how users spend digital assets in daily life, where it removes the friction of carrying a physical card or navigating additional steps to move crypto into usable funds.Crypto.com’s Global Payments PushThe UK rollout forms part of Crypto.com’s broader effort to drive mainstream adoption of crypto-linked debit cards across multiple regions. The company has already expanded wallet-based payments in parts of Europe, aligning with a global shift toward contactless and mobile-first transactions.Read more: Crypto.com Launches Entertainment Prediction Markets with CFTC Regulated US LicenseWallet integrations such as Google Pay have become a key competitive feature among crypto card providers. Crypto.com’s support for both Apple Pay and Google Pay deepens its reach into everyday financial behavior. As crypto ownership becomes more utility-driven, features that allow simple retail spending could help scale adoption across Europe and beyond.In 2021, Visa launched a pilot program that will allow its partners to settle fiat transactions on the Ethereum blockchain. The initiative comes through a collaboration with Crypto.com.Under the program, Visa’s partners can exchange USDC stablecoin via Visa’s payments network. Crypto.com will transfer USDC to Visa’s Ethereum address to settle some transactions processed through its Visa card program.To support the pilot, Visa’s treasury will be connected with Anchorage, a federally chartered crypto bank, which will help facilitate the blockchain-based settlements. This article was written by Jared Kirui at www.financemagnates.com.

FundingRock today announced the expansion of FundingRock Academy, an educational initiative designed to give traders practical exposure to live market activity and access to a global community of peers. While not a formal training program, the Academy provides observational learning opportunities, trading discussions, and community-driven support for individuals participating in FundingRock’s evaluation challenges.Observing Real Trading in ActionAt FundingRock Academy, traders can watch live sessions where experienced traders demonstrate decision-making, position management, and responses to market conditions. These sessions offer practical exposure to real trading activity. While FundingRock does not offer a formal curriculum or guarantee results, observing live trading helps participants gain perspective and see how trades unfold in real time.Traders working toward FundingRock’s evaluation challenges—covering account sizes from $5,000 to $200,000—can use these insights to inform their approach. The program sets clear profit targets and loss limits, giving traders a framework to practice decision-making in realistic conditions. Successful completion of both evaluation phases grants access to funded accounts and options for express payouts.Community Engagement and CollaborationFundingRock places a strong emphasis on community. Traders can connect through Discord, YouTube, Instagram, TikTok, and X, sharing experiences, asking questions, and discussing strategies. Cohort-based live trading rooms foster interaction, accountability, and peer feedback. By participating in this community, traders gain exposure to different trading styles and perspectives, helping them broaden their understanding of market activity.The platform also shares market recaps, highlights of trading sessions, and discussion opportunities to encourage ongoing learning and engagement. While these resources do not replace formal training, they provide valuable practical context for traders seeking to refine their approach through observation and practice.Practical Experience, Real Insights“FundingRock Academy is about providing opportunities for traders to observe, experiment, and interact with a community of peers,” said Meir Hefetz, CEO of FundingRock. “We don’t promise specific results or formal outcomes—our focus is on exposure, engagement, and insights. By participating in live sessions and community discussions, traders can explore different approaches and gain perspective on real trading activity.”A Supportive Environment for ExplorationThe Academy encourages responsible participation and curiosity. Traders are able to see how decisions play out, reflect on strategies, and exchange ideas with others in the community. This approach helps participants understand practical trading behavior without implying any guarantee of success or performance outcomes.About FundingRockFundingRock is a brand of Mindwave Training Limited (Company registration number HE471803), headquartered in Nicosia, Cyprus. The firm provides evaluation challenges, funded accounts, and a global trader community. FundingRock does not provide financial advice or investment services.Users can learn more at fundingrock.com. This article was written by FM Contributors at www.financemagnates.com.

The Singapore Exchange (SGX) has partnered with global financial services firm Marex to launch regulated perpetual futures for Bitcoin and Ethereum, aiming to capture a portion of the large offshore crypto derivatives market and shift some of that activity into a centrally-cleared, onshore environment.Digital assets meet tradfi in London at the fmls25 Perpetual futures remain the dominant crypto derivatives product with over $187 billion in daily global volume. Most of this activity still resides on offshore, unregulated venues. According to SGX’s product documentation, the new contracts target accredited, expert, and institutional investors. They feature no expiry, a continuous funding mechanism, and central clearing through SGX’s existing Singapore-based infrastructure. This mirrors the utility of crypto-native perpetuals while placing them into a traditional regulated framework. By offering these products onshore, SGX and Marex aim to attract institutions seeking lower counterparty risk, standardized clearing, and greater transparency. Marex acts as “day-one clearer,” a key launch partner that guarantees trades from the start. The company will facilitate access using a central clearing model typical in traditional futures markets but still uncommon across crypto exchanges. Growing Institutional Demand for Crypto Products The launch follows a surge in institutional appetite for regulated crypto instruments, accelerated by the success of U.S. spot Bitcoin ETFs. This momentum is driving interest in exchange-listed and centrally-cleared products that provide digital asset exposure without relying on offshore platforms.“As a day-one clearer for this product, Marex is proud to provide clients with first access… under the same standards applied to traditional derivatives products,” said Thomas Texier, Head of Clearing at Marex, highlighting the focus on risk management and capital efficiency.SGX’s Broader Digital Asset Strategy “Building a regulated and institutional-grade market for crypto derivatives requires strong clearing participation,” added Michael Syn, President of SGX Group. “Marex’s involvement supports our aim to provide global investors with transparent, robust access to crypto derivatives in Asia.” The initiative forms part of SGX’s multi-layered digital asset strategy. SGX was the first exchange in Asia to receive authorization from the U.S. CFTC as a derivatives clearing organization back in 2013, and it has been expanding its digital asset capabilities since. Most recently, SGX enabled Spain’s BBVA to offer crypto trading services to its retail customers, indicating deeper integration of digital assets into its broader infrastructure. For Marex, which already clears crypto derivatives on major regulated venues such as CME and Cboe, the partnership further consolidates its position as a bridge between traditional financial markets and the digital asset ecosystem. This article was written by Tanya Chepkova at www.financemagnates.com.

The global crypto ecosystem expands daily — new protocols, financial primitives, and business models emerge across DeFi, NFTs, GameFi, payments, and tokenized real-world assets. Yet, this diversity also increases operational complexity. For startups, it’s no longer just about securing investment — it’s about finding reliable partners who can provide the infrastructure, liquidity, and strategic expertise needed to scale sustainably and stand out in an increasingly competitive market.Opportunities and Scaling DemandsCrypto businesses can no longer afford to stay within a single niche. The current development trajectory focuses on payments, new markets, liquidity, and product diversification.Companies such as Circle and Tether demonstrate how stablecoin-based payment systems (USDC, USDT) are transforming into global channels for everyday transfers — especially in regions with unstable fiat currencies. Platforms like Binance Pay and BitPay are shaping a new standard for instant business-to-business transactions without intermediaries.Another key direction is market expansion. Coinbase, for instance, continues to localize its services for Europe and Asia, while European exchanges such as WhiteBIT are strengthening their presence across Central and Eastern Europe — regions with rapidly growing crypto adoption.At the same time, liquidity remains a decisive factor for success. Projects without access to deep markets or institutional trading infrastructure struggle to sustain growth. This is why partnerships with established exchanges are critical for emerging crypto companies — they provide liquidity, security, and credibility.Infrastructure as a Growth Engine At the core of any scaling crypto business lies infrastructure — APIs, transaction engines, custody, interoperability, and security. Without these pillars, even the most innovative product can falter under real-world demand.WhiteBIT provides an institutional-grade infrastructure suite designed to reduce operational risks and accelerate growth.Institutional offer & fee incentives: WhiteBIT’s institutional platform features maker fees starting at 0 %, taker fees from 0.05 %, and even negative-rebate schemes for deep liquidity providers (up to –0.012 %).Portfolio margin: In 2025, WhiteBIT introduced a Portfolio Margin tool for institutional clients, allowing them to unlock capital from existing token holdings and use it for trading or leverage without selling. This increases capital efficiency and liquidity flexibility.Crypto-as-a-Service / B2B integration: WhiteBIT’s modular Crypto-as-a-Service solutions enable fintechs and startups to embed crypto features — custody, trading, token listing, and fiat-crypto rails — directly into their products. This approach allows even small teams to scale to enterprise level without building everything from scratch.Similar partnership models have been successfully adopted by companies such as Revolut, Crypto.com, and MoonPay, which rely on shared infrastructure to enter new markets and launch products faster.WhiteBIT brings this model to the institutional and B2B space — helping partners grow efficiently while maintaining full security and compliance.Deep asset & chain coverage: The institutional offering supports wallet address creation across 330+ assets and 80+ blockchain networks, enabling broad interoperability.SEPA & fiat corridors: For asset managers and European clients, WhiteBIT tailors SEPA conditions with fixed deposit/withdrawal fees and customizable limits, smoothing fiat-crypto flows.Robust architecture: The platform is built for high throughput, low latency, fault tolerance, and security (e.g., cold storage, WAF, redundant systems). While WhiteBIT details public security posture in some product lines (e.g., 96 % of assets in cold wallets), the broader institutional architecture is expressly designed for enterprise resilience.The Role of Expertise and Strategic Support Infrastructure is only part of the story. Sustainable scaling also depends on strategic guidance and analytical insight. WhiteBIT works with partners not merely as a provider, but as a growth partner, offering:Consulting on market entry and regulation, helping tailor strategies for new geographies.Analytical and monetization support, optimizing pricing, fee models, and liquidity management.Operational best practices, from compliance and risk controls to trading and custody workflows.Joint growth initiatives, including co-marketing and token listings to expand market reach.This partnership model lowers the technical and strategic barriers to entry, allowing founders to focus on innovation rather than infrastructure.Parallel Success ModelsBusiness growth driven by partnerships between crypto companies and traditional financial institutions is already visible across multiple market segments. Here are some examples: Ripple + Qubika: In one implementation, Ripple partnered with integration specialists (Qubika) to onboard new markets and integrate crypto exchanges into its remittance network (Brazil, the Philippines, Australia) in under six months. WhiteBIT TR + Misyon Bank: The partnership connects regulated banking services with crypto liquidity and tokenization capabilities on a unified platform, expanding access for investors across Europe and strengthening Turkey’s position as a regional hub for digital assets.Mesh + Conio: A fintech wallet Conio integrated multiple major exchanges via open banking and API aggregation, allowing users instant transfers across top exchanges without manual QR flows. This partnership demonstrates how plumbing-level integration accelerates user adoption. Fintech apps embedding exchange features: Some app builders integrate exchange-like functionality through external providers, enabling buy/sell/receive flows without building matching engines themselves.Summing upThe future of crypto belongs to scalable, interoperable, and compliant ecosystems. For startups and enterprises alike, building that from scratch is no longer efficient.By combining high-performance infrastructure, API-driven integration, and strategic expertise, WhiteBIT transforms scaling from a bottleneck into a growth opportunity. In doing so, it positions itself not just as an exchange, but as a true enabler of the next generation of crypto businesses. This article was written by FM Contributors at www.financemagnates.com.

Investing and trading platform IG has launched a new customer promotion offering 5% cashback on investments made up to the end of December 2025. The promotion is open to UK residents opening their first IG account during the promotional period. It applies to IG’s ISA, General Investment Account, or SIPP.Join IG, CMC, and Robinhood in London’s leading trading industry event!The promotion follows IG’s recent initiatives in Singapore, where the firm launched its IG Markets brand and began offering 3% annual interest on shares and ETFs held on the platform.IG Launches Investment Cashback Promotion UKElise Ash, Marketing Director at IG, said: “For anyone new to investing or thinking about switching platforms, this offer provides a rewarding nudge in the right direction, giving them a valuable way to build their portfolio.” She added that investors can choose an ISA, SIPP, or GIA, and can also benefit from IG’s commission-free investing and available asset range.To qualify, customers must open a new account, place a first trade of at least £50, and maintain an active portfolio valued at a minimum of £50 from January to March 2026. Cashback will be calculated as 5% of the customer’s daily average invested value during the promotional period, with a maximum payout of £100. Payments are scheduled to be credited by 30 April 2026.IG Highlights Savings Shift, eToro Launches ISAIG has highlighted concerns over Cash ISAs through its “Save Our Stock Market” campaign, arguing that tax-advantaged cash accounts reduce investment in domestic equities. The launch coincides with eToro, in partnership with Moneyfarm, introducing a Cash ISA for UK customers. The account offers a 4.67% AER in the first year, combining a 3.87% variable base rate with a fixed 0.8% boost on the first deposit or transfer. Minimum deposit and transfer requirements are £500 and £15,000. The ISA works alongside eToro’s other account types and is available until the end of December 2025. This article was written by Tareq Sikder at www.financemagnates.com.

Finance Magnates is glad to share the complete list of winners in the National Category for the 2025 Awards. These awards shine a light on top brokers that stood out in their home markets through strong service, clear terms, and long-term client trust.The winners were announced during the Gala Dinner on 6 November 2025 at Carob Mill in Limassol, where leaders from global trading and fintech came together to honor standout brands of the year.National B2C Winners4XC: Most Transparent Broker 2025 (Mexico)4XC earned this award for offering clear trading terms, good support, and an honest approach that helps traders in Mexico feel safe and informed.At 4XC, as a trusted STP broker aligned with our clients' best interests, we aim to make every interaction with your dedicated personal manager and advanced tools an inspiring and empowering experience.Founded in 2018, we have since combined state-of-the-art technology with a client-first philosophy, ensuring fast execution, deep liquidity, and a flexible approach tailored to our clients' needs. We embrace integrity, transparency, and constant innovation as core values that drive our global growth.CFI: Most Established Broker 2025 (UAE)CFI was recognized for its long-standing presence, steady growth, and strong trust within the UAE trading community.CFI Financial Group, established in 1998, is MENA's leading online trading broker with over 25 years of experience. Operating from key locations like London, Abu Dhabi, Dubai, Cape Town, Baku, Beirut, Amman, and Cairo, CFI provides seamless access to both global and local markets. Offering diverse trading options across equities, currencies, commodities, and more, CFI delivers superior conditions, including zero-pip spreads, no commission fees, and ultra-fast execution.The company is a leader in AI-driven tools, offering intuitive and advanced solutions for traders of all experience levels. CFI fosters financial literacy through multilingual educational content and inspires excellence through partnerships with global icons like AC Milan, FIBA WASL, and MI Cape Town cricket team, as well as the Department of Culture and Tourism – Abu Dhabi. With Seven-Time Formula One™ World Champion Sir Lewis Hamilton as Global Brand Ambassador, CFI reflects a shared commitment to innovation and success while supporting cultural and community initiatives worldwide.FBS: Broker of the Year 2025 (Thailand)FBS stood out in Thailand for its strong service, wide asset range, and focus on local traders who rely on simple and steady tools.FBS is a global brand that unites several independent brokerage companies under the licenses of FSC (Belize), CySEC (Cyprus), and ASIC (Australia). With 16 years of experience and over 100 international awards, FBS is steadily developing as one of the market’s most trusted brokers. Today, FBS serves over 27 000 000 traders and more than 700 000 partners around the globe.Headway: Best Overall Broker 2025 (Indonesia)Headway earned this award by offering a complete mix of good pricing, strong support, and steady platform performance for traders in Indonesia.Headway is internationally acclaimed Forex broker that provides traders with access to over 500+ trading instruments, including currency pairs, metals, energies, cryptocurrencies. Regulated by the FSCA, the broker offers a transparent and secure trading environment with competitive spreads and fast market execution, allowing traders to optimize their strategies.The company stands out for its customer-centric approach, featuring 0 commission on deposits and withdrawals, unlimited leverage as well as the Copytrade system, empowering users to follow top traders' strategies.Tradu: Best Spreads Broker 2025 (UK)Tradu was honored for offering sharp pricing and tight spreads that help traders in the UK handle fast-moving markets with ease.Tradu is a London-based, Jefferies-owned multi-asset trading platform for the sophisticated trader and investor offering over 10,000 tradable assets across listed equities, commodities, cryptocurrencies, CFDs, forex, treasuries and indices. Built by traders for traders, Tradu is redefining the trading industry by providing clients with an intuitive and advanced platform with a superior trading experience across each of the tradable markets, all from one portal that can be accessed via a mobile app and web platforms. Tradu offers competitive pricing, professional trading tools and a client service team that strives for excellence, spearheading the evolution of mobile trading.Vantage: Best Affiliate Program Broker 2025 (UK)Vantage UK received this award thanks to its strong partner model, clear terms, and wide support for affiliate partners.Vantage is a multi-asset CFD broker committed to innovation, transparency, and client support. We offer a comprehensive trading environment, enhanced by technological upgrades, broad market access, and award-winning services.Vantage Global Prime LLP trading under Vantage, is authorized and regulated by the Financial Conduct Authority. FRN: 590299 and its principal place of business is at 7 Bell Yard, London WC2A 2JR, U - with other Vantage entities regulated in their respective jurisdictions.We’ve achieved numerous milestones and industry recognitions, including:• Award Wins – Most Reliable Trading Experience Australia 2025, Best Trading Experience LATAM 2025, and Most Transparent Broker MENA 2025 (World Business Outlook Awards).• Strategic Partnerships – Our global collaboration with Scuderia Ferrari HP showcases our pursuit of excellence and performance.• Community Initiatives – Through the independently operated Vantage Foundation, we support CSR programs, including financial literacy and marine conservation via The Sapphire Project.• Innovation – Continuous upgrades to our platforms ensure speed, security, and next-generation trading experiences.Vantage offers a robust range of trading solutions for all levels, including forex, commodities, indices, shares, ETFs, and bonds – all via CFDs.As a leading brokerage, we empower traders through:• Advanced Platforms – MetaTrader 4 & 5, WebTrader, and the award-winning Vantage App.• Competitive Pricing – Enjoy low spreads and minimal fees.• Educational Content – Access expert webinars, market insights, and training sessions.• Smart Tools – Leverage AI-powered tools, automated strategies, and advanced charting.• Regulatory Oversight – Operate confidently within secure, compliant frameworks.Vantage:Fastest Growing Broker 2025 (Vietnam)Vantage Vietnam was recognized for its rapid progress in the local market, strong community reach, and increasing trust among Vietnamese traders.Vantage: A Trusted, Award-Winning Multi-Asset BrokerVantage is a global multi-asset CFD broker providing traders with access to over 1,000 CFD instruments across forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies. With over 15 years of industry experience and entities regulated in multiple jurisdictions, Vantage delivers a secure, transparent, and high-performance trading environment tailored to traders of all levels.Recognised for its commitment to innovation and client-first approach, Vantage offers a robust trading ecosystem featuring MetaTrader 4 and 5, WebTrader, and the award-winning Vantage App. These platforms are supported by ultra-fast execution, competitive spreads, smart tools, automated strategies, and comprehensive educational resources to help traders make smarter decisions.Vantage operates under strict regulatory frameworks and maintains rigorous security standards, including segregated client funds with top-tier banks, ensuring safety and trust at every level of the trading experience.The broker has earned global recognition for its services, having been awarded titles such as Most Reliable Trading Experience in Australia by the World Business Outlook Awards, Most Innovative CFD Broker, APAC by Global Brand Awards 2025, and most recently Best Multi-Asset Broker and Best Customer Service by Online Money Awards 2025. These accolades reflect Vantage’s ongoing commitment to excellence and client satisfaction.Beyond trading, Vantage supports social impact through the independently operated Vantage Foundation, which champions financial literacy, social mobility, and sustainability. Recent initiatives include a partnership with The Sapphire Project focused on marine conservation.Driven by technology, purpose, and performance, Vantage continues to empower traders to navigate global markets with confidence.About the Finance Magnates Annual AwardsThe Finance Magnates Annual Awards highlight brands that stand out in online trading and fintech. Winners are selected through three steps: open nominations, community voting, and an expert panel. Each year, the awards bring the industry together to honor strong performance and growth. This article was written by Finance Magnates Staff at www.financemagnates.com.

An interview with Artem Seledtsov, Chief Business Development Officer and Chief Partnership Officer at ExnessEvery few decades, finance finds a new pulse. In the 1980s, it was deregulation. In the 2000s, it was digitization. Today, its inclusion, and Africa is setting the pace.South Africa, in particular, has become a proving ground for how technology, talent, and regulation converge to create more open and resilient markets. With Cape Town emerging as one of the world’s most dynamic fintech capitals, Exness’ new regional hub in the city represents more than a strategic expansion, it’s a reflection of a broader shift in global finance.In this interview, Artem Seledtsov, Chief Business Development and Partnership Officer at Exness, discusses how Africa’s fintech momentum is influencing global standards, what defines the new generation of traders, and why trust, access, and transparency are becoming the true currencies of modern trading.Why do you believe South Africa, and specifically Cape Town, is becoming a key hub for fintech and trading innovation?Cape Town represents a convergence of innovation, infrastructure, and talent. South Africa boasts one of the most advanced financial systems on the continent, and Cape Town has emerged as a vibrant fintech hub, accounting for over 41% of all startups in the country. This strength comes from a thriving ecosystem of universities, incubators, financial institutions, and a regulatory environment that nurtures fintech innovation and digital inclusion. For Exness, opening our office here was not only a strategic move but also a symbolic one; it reflects our belief that the future of finance is being built in places like this.How do you see the fintech revolution in Africa influencing global finance?The fintech revolution in Africa is a lesson in accessibility and innovation. Across Sub-Saharan Africa, technology has democratized finance in ways that few other regions have achieved. Mobile money and real-time payments have brought millions into the financial system, while fintech platforms are giving entrepreneurs and traders new tools to participate in the global economy. These innovations are influencing how financial inclusion is defined worldwide. We’re witnessing a clear shift: innovation no longer flows only from traditional financial centers—it now also flows from the Global South.Can you define what the next era of trading looks like, and who the next generation of traders will be?The next era of trading will be characterized by accessibility, transparency, and empowerment. The new generation of traders are digital natives, analytical, curious, and highly informed. They expect transparency from their brokers, seamless technology, and real-time control of their trading experience. In many ways, this new generation is shaping the standards for the entire industry. At Exness, we’ve learned that traders across Africa are ambitious, resourceful, and community-driven. They’re not just trading for profit, they’re building futures.Why has Exness chosen South Africa and Cape Town as a regional hub for Sub-Saharan Africa?South Africa is the region’s natural financial center, with strong institutions, regulatory maturity, and access to exceptional local talent. Cape Town, in particular, is rapidly emerging as a global innovation hub. It’s home to more than 450 tech companies and one of the fastest-growing start-up ecosystems in Africa. By establishing our new office here, we’re investing in the people and infrastructure that make sustainable growth possible. This is about being closer to our traders, understanding their needs, and providing them with world-class support from within their own region.Looking ahead five years, what will sustainable growth look like for the financial markets landscape and for Exness in particular?Sustainable growth will mean a more inclusive, transparent, and technology-driven financial system, one where geography is no longer a barrier to participation. For Exness, success in five years will mean continuing to be a trusted partner to traders and institutions across Africa, combining global expertise with local presence. Our new office in Cape Town, along with our licenses from the Financial Sector Conduct Authority (FSCA) in South Africa and the Capital Markets Authority (CMA) in Kenya, form the foundation for that vision. We see Africa not as an emerging opportunity, but as an essential part of the global financial future - and we’re here to grow with it.A new financial geography As global finance evolves, Africa’s role is no longer peripheral—it’s pioneering. From fintech startups to regulated brokers, the continent is redefining what innovation and access mean in practice.Exness’ new Cape Town hub captures that shift. It represents a model where proximity, transparency, and advanced technology work together to build lasting trust. In a world where finance is no longer confined by geography, Africa is redrawing the map. This article was written by FM Contributors at www.financemagnates.com.

Bitcoin (BTC) price during today’s (Monday’s), November 24, 2025, trading session is down 1% and moving just below $86,000, changing hands at $85,847. However, it's calmed after a very turbulent period that hit on Friday when BTC plunged to just $80,600. its lowest level in seven months and a drop of 33% from October's all-time high of $126,275. Along the way, a local support zone was created, marked by March lows between $82,000 and $84,000. On the daily chart, a pin bar or hammer candle formed with a very long lower wick and relatively short body, suggesting potential reversal attempt.Although some analysts predict we've drawn the final bottom of this bear trend, in my view this is only a bull trap and declines will continue toward lower targets. My Bitcoin price prediction: Decline to April lows and this year's minimum in the $74,000 range.Follow me on X for more up-to-date analysis and forecasts on major cryptocurrencies and other financial instruments.Arthur Hayes Bitcoin Price Prediction: $80K Dip Before $250K MoonshotArthur Hayes, former BitMEX co-founder and one of crypto's most influential voices, warns that Bitcoin may fall to $80,000 or even $85,000 before rebounding sharply toward $200,000 or $250,000 by the end of this year. In his latest essay published Monday, Hayes argued that Bitcoin's retreat "from roughly $125,000 to the low $90,000s aligns with a market grappling with tighter financial conditions, despite U.S. equities trading near record highs."This divergence, he said, suggests a credit event may be forming. Hayes described Bitcoin as a "free-market weathervane" for future fiat liquidity, suggesting it reacts ahead of political decision-making rather than in response to it. "Historically, Bitcoin tends to respond to contracting liquidity earlier than other risk assets," he noted.Hayes argued that Bitcoin could "absolutely" drop to $80,000 or $85,000 if equities decline 10-20% and Treasury yields climb toward 5%. While the Trump administration continues advocating for looser financial conditions, he said markets are currently following hard liquidity data, not political assurances. "As with science, in trading it pays to have strong convictions loosely held," Hayes wrote, acknowledging the uncertainty inherent in his forecast.You can also check my previous Bitcoin and crypto articles:Hayes' Liquidity-Driven Bull CaseDespite near-term downside risks, Hayes said a sufficiently deep correction would likely pressure U.S. policymakers to accelerate liquidity injections through the Federal Reserve or other mechanisms. He argued that such a shift could spark a rapid reversal in Bitcoin and drive it toward $200,000 or $250,000 before year-end.Hayes said he remains skeptical of Bitcoin's traditional four-year cycle, arguing that new all-time highs will only arrive once markets have sold off enough to push U.S. policymakers into faster liquidity expansion. "I am not conceding the four-year cycle is valid," he wrote. Hayes said bullish investors correctly assume U.S. policy ultimately trends toward "money printing" during periods of financial stress.However, he believes "the market must first retrace gains built since April to align with liquidity fundamentals." Only after such a reset, he argued, will policymakers deliver the scale of easing required to launch Bitcoin to new record highs. Hayes has a strong track record, having accurately predicted Bitcoin's rise past $100,000 in 2024 and forecasting $1 million by 2028.How Low Can Bitcoin Go? $74K Target Before New ATHAccording to my technical analysis, at this point I don't rule out a corrective bounce allowing Bitcoin to return to the $92,000-$94,000 area where the 61.8% Fibonacci resistance zone is located. This would allow strong hands to shake out retail and some buyers, return to declines, and buy back at the mentioned $74,000 level.If Bitcoin goes that low, I expect aggressive reaccumulation from whales and large institutional players. I anticipate Bitcoin bouncing back above $100,000, returning to an uptrend, and establishing a new ATH in the mid-term, a move above $125,000.Critical Technical LevelsWhat would make me abandon my currently adopted scenario? Negation would primarily be a break above the current resistance zone of $92,000-$94,000 and, ultimately, a return to the psychological $100,000 level and the 200-day moving average (200 MA) currently just under $106,000. This would be an official trend reversal from bearish to bullish and would negate the very strong sell signal which is the death cross I wrote about in previous analysis.Death Cross Confirms Bearish Technical StructureBitcoin confirmed a death cross pattern on November 16 when its 50-day simple moving average crossed below its 200-day simple moving average, the first such occurrence since January 2024. This technical milestone historically signals extended price declines and has preceded substantial drawdowns in previous cycles.The scale of potential losses based on historical patterns is sobering. In January 2022, Bitcoin dropped 64% following a death cross, bottoming at $15,500 amid the FTX crisis. Earlier cycles saw even steeper falls, with March 2018 and September 2014 recording 67% and 71% declines, respectively. Bitcoin's weekly close below the 50-week moving average, a historically significant bearish signal, has prompted some analysts to assign a 60-70% probability that the cycle top is already in.Market Stress IndicatorsDeath cross confirmed: 50-day MA crossed below 200-day MA on November 16, first since January 2024Seven-month low: Friday's $80,600 represents lowest level since April 202533% crash: Down from October all-time high of $126,27550-week MA broken: First time below this key level in current cycleExtreme fear: Fear & Greed Index at 12, indicating maximum pessimism$800M on-chain losses: Short-term holders unwinding positions at lossesPut option dominance: $80K put now most popular Deribit bet with $2B open interestETF outflows: $4.34 billion in four weeks amid record trading volumesBitcoin Oversold Reversal FormingJoel Kruger, crypto strategist at LMAX Group, provided an institutional perspective that acknowledges the severity of the selloff while maintaining a constructive medium-term outlook. "Sentiment across the crypto complex remains deeply depressed, and history suggests that when Bitcoin reaches oversold technical conditions—much as it has in recent days—it often marks the early stage of a bullish reversal," Kruger explained."While the recent pullback has been extreme, it has not altered our broader outlook," he continued. "As we move toward year-end, we suspect the market will begin the process of carving out a meaningful bottom, one that should ultimately set the stage for a broader recovery across major crypto assets into 2026."Kruger identified multiple drivers behind the weakness: "The most visible has been the shift toward a more hawkish tone in prior Fed communications, which briefly fueled risk-off flows and reinforced broad U.S. dollar strength. As we have noted before, however, such periods rarely persist; the Fed has repeatedly shown a tendency to lean back toward market expectations, and recent commentary has already taken on a more dovish hue."He noted that "the market likely became overextended after the strong wave of adoption and regulatory progress throughout 2025, creating a natural 'what's next?' pause that invited profit-taking. This, in turn, triggered a cascade of liquidations as over-levered positions were forced out."Whether Arthur Hayes' optimistic $250,000 year-end target or my intermediate $74,000 bearish projection materializes first will depend on Federal Reserve policy response, the depth of any equity market correction, and whether institutional buyers step in at current levels or wait for lower prices. As Hayes wisely noted: "As with science, in trading it pays to have strong convictions loosely held."Bitcoin Price Analysis, Frequently Asked QuestionsWhat is Bitcoin price prediction for 2025?Bitcoin price predictions vary dramatically. Arthur Hayes forecasts $200,000-$250,000 by December 31, 2025, after a potential dip to $80,000-$85,000, driven by Fed liquidity injections responding to market stress. According to my technical analysis, Bitcoin will decline to $74,000 (April 2025 lows) where aggressive whale reaccumulation occurs before rallying back above $100,000 to establish new ATH above $125,000 in mid-term. Bearish analysts cite death cross and 50-week MA break suggesting 60-70% chance cycle top is in.Why is Bitcoin falling today?Bitcoin fell to $80,600 Friday (seven-month low) and trades at $85,847 Monday due to death cross confirmation (50-day MA below 200-day MA on November 16), first occurrence since January 2024. Other factors include $4.34 billion Bitcoin ETF outflows over four weeks, $800 million on-chain losses from short-term holder capitulation, tighter Fed liquidity conditions, Treasury yield increases, dollar strength, and liquidation cascade from over-leveraged positions. Bitcoin down 33% from October ATH of $126,275.How low can Bitcoin go?Arthur Hayes warns Bitcoin could drop to $80,000-$85,000 if equities decline 10-20% and Treasury yields reach 5%. According to my technical analysis, Bitcoin will test $74,000 representing April 2025 lows and yearly minimum (161.8% Fibonacci extension). Bearish analysts cite historical death cross outcomes: 64% drop (2022 to $15,500), 67% (2018), 71% (2014). Options market shows $80,000 put as most popular Deribit bet with $2 billion open interest. Key support levels: $82,000-$84,000 (March lows, current test), $80,600 (Friday low), $74,000 (my target).Will Bitcoin reach $250,000?Yes. Arthur Hayes believes Bitcoin can reach $200,000-$250,000 by end of 2025 if markets sell off enough to force Fed into aggressive liquidity injections. Hayes argues Bitcoin acts as "free-market weathervane" for future fiat liquidity, reacting ahead of policy decisions. He said sufficient correction would pressure policymakers to accelerate easing, sparking rapid reversal. Hayes has strong track record, correctly predicting $100K in 2024. However, this scenario requires market stress triggering policy response and "retracing gains built since April to align with liquidity fundamentals."Is Bitcoin going to $74,000?According to my technical analysis, yes, Bitcoin will test $74,000 representing April 2025 lows and this year's minimum. This level aligns with 161.8% Fibonacci extension and represents critical accumulation zone where I expect aggressive whale buying. Should I buy Bitcoin now?No, wait until $74K. My analysis shows $74K accumulation zone before new ATH above $125K mid-term, Fed rate cut odds jumped to 70%. Bearish case: Death cross confirmed, 50-week MA broken first time in cycle, analysts assign 60-70% chance cycle top is in, $800M on-chain losses, extreme fear at 12, historical death crosses preceded 64-71% crashes. Current $86,847 may represent bull trap before further decline to $74K. This article was written by Damian Chmiel at www.financemagnates.com.

The Finvasia Group, which owns a portfolio of contracts for difference (CFD), blockchain and healthcare brands, is going to establish regional headquarters in the United Arab Emirates for five of its brands: ZuluTrade, Blockmaze, CapitalWallet, OneVault and Jumpp.Join IG, CMC, and Robinhood in London’s leading trading industry event!The UAE Wants FintechThe move came under the UAE’s NextGen FDI initiative, which is aimed at attracting digitally enabled companies, particularly those in advanced technology sectors, to establish and expand their presence within the country.“The establishment of these pioneering companies in the UAE through the NextGen FDI initiative,” said Dr Thani bin Ahmed Al Zeyoudi, the UAE’s Minister of Foreign Trade, “highlights our commitment to fostering an environment that supports cutting-edge technology and reinforces the UAE's status as a global hub for innovation in financial technology and digital infrastructure.”ZuluTrade is a copytrading platform that Finvasia acquired in 2021. Interestingly, the establishment of its GCC headquarters in the UAE came at the same time as a rise in demand for contracts for difference (CFDs) among retail traders in the region.You may also like: Finvasia CEO’s Overhaul Call - “Fundamental Disconnect Between Traders and Brokers”Blockmaze, meanwhile, offers blockchain and digital asset infrastructure services, while CapitalWallet is a digital asset and payments infrastructure company. OneVault, on the other hand, is a financial infrastructure platform that links traditional banking with the digital economy. Lastly, Jumpp is an India-based AI-powered conversational fintech super app.The Clear Rules Are a Boon for the Companies“What’s impressive about the UAE is how its policies are lived out on the ground,” said Sarvjeet Virk, Co-Founder & Chief Managing Director of Finvasia Group. “From licensing frameworks to digital infrastructure and an openness to experimentation, it makes for the perfect base for our teams building social platforms, blockchain networks and digital payment systems.”Meanwhile, many CFD brokers have also expanded into the UAE, particularly in Dubai. A majority have established a physical presence there, while many have obtained local licences to operate either as a broker or an introducing broker.“The UAE’s NextGen FDI and D33 Agenda have placed the country as one of the world’s most forward-looking innovation hubs,” added Tajinder Virk, Co-Founder & CEO of Finvasia Group. This article was written by Arnab Shome at www.financemagnates.com.

tZERO Group hired Mike Diedrichs to run its global sales operation, betting his experience at digital asset platforms can help convert recent infrastructure upgrades into revenue.Diedrichs joins as Senior Vice President and Head of Sales, effective immediately. The 20-year capital markets veteran most recently served as chief revenue officer at Bosonic, where he built out institutional sales for the firm's broker-dealer and alternative trading system focused on digital asset securities.“tZERO sits at the intersection of traditional finance and regulated digital markets, providing the technology, compliance framework, and market access required for real-world asset tokenization at scale,” he commented on LinkedIn.Before Bosonic, Diedrichs spent nearly two years as Chief Operating Officer and Head of Business Development at HyperTrader, where he tripled the addressable market and increased monthly revenue by 30%. Earlier roles included stints at Fluent Finance as Chief Business Development Officer and Head of Operations, where he helped raise more than $4 million in funding, and leadership positions at GetLoci, TPICAP, and Tradition North America.Revenue Focus Follows Platform BuildouttZERO CEO Alan Konevsky said the company's priority is turning its recent operational progress into actual deals. The platform has spent recent months retooling its infrastructure and inking partnerships, including a tie-up with UK-based Archax in October to cross-list digital securities across US, UK and European markets.“As we deliver on the reset strategy, and execute with speed, our core focus is to convert these results into revenue,” commented Konevsky. “That is key. Mike’s experience aligns perfectly with tZERO’s mission to deliver connected, compliant, and scalable tokenized rails to a network of partners worldwide.”The hire signals tZERO wants to capitalize on momentum in tokenized securities, where institutional money has been flowing into on-chain versions of traditional assets. Tokenized money market funds alone hit $7.4 billion this year, up 80% as firms like BlackRock and JPMorgan rolled out products.Earlier this month, tZERO launched crypto and stablecoin funding through a partnership with zerohash, letting investors deposit digital assets that convert to dollars in their brokerage accounts. The firm also operates one of two US broker-dealers approved to custody tokenized shares directly on blockchain.Traditional Finance BackgroundDiedrichs started his career in traditional finance, spending seven years at GFI Group where he co-built a natural gas desk that generated $8 million to $11 million in annual brokerage revenue. His team was voted top natural gas desk by Risk Magazine from 2004 to 2008.He later managed a structured credit desk at Tradition North America, leading a team of 10 with annual revenue between $8 million and $12 million, before moving to TP ICAP where he doubled the client base by onboarding more than 50 institutional clients.In his new role, Diedrichs will work alongside Evangelos Tzoulafis, Senior Vice President and Head of Execution, to push forward partnerships tied to tZERO's three-part strategy around tokenization, trading and connectivity. Alan Swimmer, Executive Vice President and Chief Strategic Relationships Officer, will oversee Diedrichs's team. This article was written by Damian Chmiel at www.financemagnates.com.

An Australia-based CFD broker Pepperstone is launching a spot crypto exchange, with its CEO indicating increased competition for existing crypto-native platforms behind the move.Digital assets meet tradfi in London at the FMLS25Speaking at the AusCryptoCon convention, Pepperstone CEO Tamas Szabo announced the “imminent” launch, noting it was the result of a year-long investment. He also commented on current market conditions.“I do think there’s a ‘little bit of fat on the bone’ in the exchange space, so I think there’s some competition that might come in,” Szabo stated, referring to margins in the sector. Pepperstone’s move reflects a broader industry trend in which traditional, regulated brokers are expanding into spot crypto rather than leaving the segment to crypto-native firms.Traditional Brokers Expand Their Presence in Spot CryptoThis trend is visible in other regions. In the United Kingdom, IG Group has been active in this direction. After initially partnering with Uphold to offer spot crypto, IG later became the first UK-listed firm to obtain its own cryptoasset license from the FCA. The licence allows the company to manage its offering and pricing more directly. CMC Markets, meanwhile, established an office in Bermuda with a licence to conduct digital asset business, creating an offshore hub to expand its crypto services to international clients. However, CMC did not officially reveal anything on its plans to offer crypto directly yet.These developments show traditional brokers increasing their presence in the spot crypto market. At the same time, crypto exchanges such as Kraken and Crypto.com have been seeking additional traditional licences to broaden their product suites, leading to a gradual convergence of business models. The previously clear distinction between “CFD brokers” and “crypto exchanges” is becoming less pronounced as regulated players like Pepperstone enter the market and crypto-native firms expand into traditional product lines. This article was written by Tanya Chepkova at www.financemagnates.com.

EQWIRE, a new independent payments venture launched by Arthur Azizov, Founder of B2BROKER, enters the market with a regulated, technology-first infrastructure for fiat payments, multi-currency accounts, and IBANs.Licensed as a UK Electronic Money Institution (FCA FRN 901100), EQWIRE delivers fast, transparent, and compliant cross-border money movement to freelancers, SMEs, and global businesses.A new line of business built for modern paymentsCross-border payments are projected to exceed €268 trillion by 2030, yet global money movement continues to suffer from slow processing, outdated rails, and hidden costs.EQWIRE launches to close this gap, offering a dedicated payments infrastructure built on regulatory clarity and institutional-grade technology.Core offering at launchMulti-currency electronic accounts (GBP, EUR, USD)Full support for FPS, SEPA, SWIFT for sending and receiving funds.Personal and corporate IBANsRemote account opening for eligible clients, with no physical branch visits.Full digital onboardingAutomated KYC/AML combined with compliance review for fast, secure account setup.Online payments managementA unified platform to manage transfers, beneficiaries, and reconciliation.Who EQWIRE servesFreelancers and remote professionals.Small and medium-sized businesses.International companies requiring reliable, compliant infrastructure for daily global payments.Forex and OTC Brokers.Financial Institutions.Gaming platforms.E-commerce businesses.Technology-first architectureEQWIRE is built on its own proprietary payment architecture, providing:Instant connectivity to major payment networks.API integration for businesses that require programmatic payments.Full alignment with EMI regulatory requirements.Segregated client funds, protected under the Electronic Money Regulations 2011.This infrastructure is designed to make EQWIRE a future global standard for digital money movement — fast, transparent, and fully compliant.A separate, professionally governed businessEQWIRE operates as an independent line of business with its own systems, management, workflows, and compliance oversight. It is ring-fenced from B2BROKER’s core operations, ensuring:Clear separation between payments and institutional liquidity services.Dedicated attention to retail and corporate payments clients.Independent decision-making and product development cycles.“EQWIRE was created as a response to the growing demand for transparent, flexible, and secure solutions for fast international and cross border payments,” said CEO and Founder of B2BROKER Arthrur Azizov. “Our goal is to deliver a new standard of money movement for both individuals and businesses — with institutional-grade compliance and technology at the core.”“EQWIRE is not simply another payments provider, it is a regulated, scalable financial infrastructure purpose-built for global commerce,” he added.Jurisdictional availabilityEQWIRE is already available to clients from the UK and a broad list of approved jurisdictions, including Canada, Switzerland, Australia, Mauritius, Monaco, Jersey, and others.Services are delivered by the relevant licensed EQWIRE entity under its regulatory scope and jurisdictional restrictions.About EQWIREEQWIRE is a UK Electronic Money Institution (EMI) authorised, regulated and supervised by the Financial Conduct Authority (EQWIRE UK Limited, the firm reference number is 901100). Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011.About B2BROKERB2BROKERis a global fintech solutions provider for financial institutions. It delivers liquidity, trading technology, payment solutions, and brokerage infrastructure through a network of specialised entities. Founded in 2014, with key hubs in London, Limassol, Hong Kong and Dubai, the company operates in 11 countries, serving clients across Europe, the Middle East, and Asia. B2BROKER serves brokers, exchanges, hedge funds, proprietary trading firms, and other financial institutions. Leveraging its extensive network and ecosystem-driven approach, the company provides scalable solutions that help clients streamline operations, maximise efficiency, and drive growth. This article was written by FM Contributors at www.financemagnates.com.

San Salvador, 20 November 2025 — B2BINPAY, the leading global crypto payment ecosystem for businesses, has obtained authorisation as a Digital Asset Service Provider (PSAD) from El Salvador’s National Commission of Digital Assets (CNAD), under reference CNAD-047-2025 / CNAD-CD-402-2025.The new licence, granted in accordance with Articles 18–21 of El Salvador’s Digital Assets Issuance Law (LEAD), authorises B2BINPAY El Salvador, S.A. de C.V. to conduct regulated digital-asset operations, including the transfer of assets or access credentials between corporate and individual holders, wallets, and accounts, as well as the safekeeping and custody of digital assets or the means to access or control them. It also permits exchange transactions between fiat and digital currencies, or among digital assets themselves.This approval represents the company’s second licence in El Salvador, following its earlier authorisation for Digital Exchange and Digital Wallet operations for Bitcoin. Together, the two licences strengthen B2BINPAY’s position as one of the few crypto payment providers holding multiple regulatory approvals in the region.“B2BINPAY remains fully committed to transparency, compliance, and responsible innovation,” says Arthur Azizov, CEO of B2BINPAY. “Securing this new CNAD licence is a natural continuation of our long-term strategy to strengthen client trust and reinforce our standing as a reliable, regulated platform. Our priority has always been to ensure that businesses using B2BINPAY operate within frameworks that meet both global and local regulatory standards.”El Salvador continues to position itself as a pioneer in digital-asset regulation, with CNAD establishing a clear legal and supervisory framework under the Digital Assets Issuance Law (LEAD). The framework aims to attract compliant global providers and foster institutional adoption across Latin America. For B2BINPAY, the CNAD licence not only enhances operational flexibility across LATAM but also extends the company’s regulated ecosystem, complementing its existing authorisations in Europe, MENA, and Asia.About B2BINPAYB2BINPAY is the leading European all-in-one crypto ecosystem for business, offering secure, efficient, and scalable services to integrate cryptocurrency payments seamlessly into operations. Headquartered in Rome, Italy, the company serves over 980 merchants and has processed more than $5.1 billion in incoming transactions. The platform supports 10 blockchains for USDT and USDC and over 350 coins, operating under strict KYC and KYT principles to ensure compliance and transparency. This article was written by FM Contributors at www.financemagnates.com.

B2BROKER, a global trade-tech developer, liquidity provider, and brokerage-infrastructure partner, announces redesigned Maintenance & Platform Outsourcing packages for retail trading platforms alongside fully managed Institutional Hub Operations–now bundled with B2BROKER liquidity and aligned to client trading volumes. The program turns platform administration and hub management into a predictable service layer under one multilingual 24/7 team and a single communication window (SPOC). B2BROKER’s refresh addresses a persistent gap in brokerage operations: platforms and liquidity hubs are mission-critical, but building a 24/7 internal team is costly, slow, and risky. By aligning commercials to traded volumes and bundling with liquidity, B2BROKER converts platform and hub operations into an outcome-driven service delivered by specialists who run these environments daily across multiple jurisdictions and business models.Executive commentary“Institutional clients buy outcomes: uptime, controlled change, and faster onboarding. By bundling platform ops and hub operations with our liquidity—and aligning commercials to traded volumes—we take operational drag out of the P&L and give teams time back to focus on flow,” said Arthur Azizov, Founder & CEO, B2BROKER.Retail Trading PlatformsScope:MT4/MT5 (MetaQuotes), cTrader, B2TRADER.We operate the stack; you focus on business24/7 administration & monitoring: server capacity and latency management; proactive patching and releases; backups; health checks; incident response; vendor liaison with MetaQuotes/cTrader/B2TRADER and third-party providers.Configuration & optimisation: routing and risk parameters (A-book/B-book, exposure thresholds, execution paths); symbol catalogues and instrument taxonomy; plugins/extensions; user-group and permission structures; throughput tuning for peak events.Migrations & enablement: cutover planning, data migration, parallel runs, rollback plans; enablement for dealing/support teams; runbooks and on-call procedures; periodic best-practice reviews using production telemetry.Change control & governance: documented release windows, version control, pre-deployment checks, and post-deployment verification; audit trails suitable for internal risk reviews and regulator inquiries.Security & resilience: role-segregated access, credential rotation, encrypted backups, and tested recovery procedures.Why it resonates with brokers: predictable ops; faster time-to-market; fewer vendors; and volume-aligned commercials that scale with the business—cost-efficient versus hiring an in-house 24/7 team.Typical use cases:New or growth-stage brokers launching multi-asset quickly with a lean core team.Established brokers consolidating platform ops, standardising plugins/workflows, and reducing operational variance across regions and entities.Institutional Liquidity HubsScope:oneZero Hub and PrimeXM XCore for pricing, aggregation, routing, risk, and distribution.We run the hub so your team can focus on clients and flowLow-latency connectivity & mapping: connectivity to LPs/venues; symbol and feed catalogues; mapping across venues, bridges, and downstream platforms.Routing & risk parameters: smart order routing rules, credit lines, throttling; exposure and margin parameters; high-availability failover paths.Real-time monitoring & eventing: telemetry, alerting, and escalation; measurable SLOs; NOC-style oversight for price integrity, latency spikes, and venue outages.Release/change handling with governance: documented change windows; pre-deployment testing; impact analysis and communication; post-deployment verification with revert plans.Reporting & auditability: end-to-end visibility of configuration, change, and incidents—supporting internal risk committees and external audits.Suitable for:Sophisticated brokers expanding distribution across venues while reducing operational complexity.Liquidity providers (PoP/LPs) requiring institutional-grade hub operations without building a 24/7 internal team.Why it resonates with LPs and mature brokers: cleaner vendor map; faster client onboarding across venues; an ops model aligned with how oneZero Liquidity Hub and PrimeXM XCore run in production environments.Built on B2BROKER’s Liquidity Provider TurnkeyThe hub offering dovetails with B2BROKER’s Liquidity Provider Turnkey—announced earlier as the first fully integrated PoP turnkey for institutions stepping beyond brokerage into infrastructure. Clients can launch or scale a Prime-of-Prime line while B2BROKER operates the hubs at the core of the stack—covering connectivity, routing, risk, and distribution.In practical terms, this is the institutional answer to platform and hub operations: a single multilingual 24/7 team that already runs these environments at scale, commercials tied to your traded volumes, and governed change that keeps execution stable while you add assets, venues, and clients. If you already trade B2BROKER liquidity, platform care can be included—so you gain predictable uptime, controlled releases, and faster onboarding without building a round-the-clock admin function. Fewer vendors, shorter cycles, and an operations partner incentivised the same way you are: by flow and client growth. This article was written by FM Contributors at www.financemagnates.com.

B2BROKER PRIME Investment Bank Ltd. has announced obtaining a Labuan Investment Bank licence from the Labuan Financial Services Authority (Labuan FSA). With the new licence, the company positions itself alongside banking giants such as HSBC, JPMorgan, Standard Chartered, and Deutsche Bank.Labuan IBFC is a well-established cross-border banking hub recognised for pragmatic international rules and prudential supervision. For B2BROKER clients, this licence boosts the company’s credibility and accelerates delivery, with the reassurance that all services are now supported by a fully licensed investment bank.With the new licence, B2BROKER PRIME can provide credit facilities to corporate clients, supporting their growth and international expansion, and offer corporate and investment advisory services. This also includes dealing in securities and managing investments and undertaking FX, interest-rate swaps, and other derivative or hedging activities..“Obtaining this licence is more than another regulatory achievement for us,” says Arthur Azizov, CEO & Founder of B2BROKER. “The new licence lets us put real banking services right into our technology and liquidity systems, unlocking the final piece of our ecosystem. Now, our clients can easily access credit, risk management, and advisory services across borders, all fully regulated and built to institutional standards.”Looking ahead, B2BROKER plans to roll out several new offerings under its regulated framework. Prime-of-Prime (PoP) Liquidity: Multi-asset liquidity with tight pricing, deep pools, and institutional onboarding.Structured Credit & Treasury Solutions: Tailored credit lines and risk-managed financing for institutional clients.Corporate & Markets Advisory: Access to capital markets, FX, commodities, indices, and digital-asset derivatives (where jurisdiction allows)About B2BROKER B2BROKER is a global fintech solutions provider for financial institutions. It delivers liquidity, trading technology, payment solutions, and brokerage infrastructure through a network of specialised entities. Founded in 2014, with key hubs in London, Limassol, Hong Kong and Dubai, the company operates in 11 countries, serving clients across Europe, the Middle East, and Asia. B2BROKER serves brokers, exchanges, hedge funds, proprietary trading firms, and other financial institutions. Leveraging its extensive network and ecosystem-driven approach, the company provides scalable solutions that help clients streamline operations, maximise efficiency, and drive growth. This article was written by FM Contributors at www.financemagnates.com.

While Apple reportedly scrambles to license Google Gemini for Siri, OpenAI quietly acquires Jony Ive’s hardware startup io and poaches top-tier Apple talent to build the real next-gen device wave.Setting the Scene: The Talent ExodusIn the pantheon of Silicon Valley scuffles, the latest act is hardly subtle. This summer, OpenAI snapped up the hardware startup “io,” founded by ex-Apple design titan Jony Ive, in a deal reportedly worth around in the region of $6.5 billion. That would be bold enough on its own, but herein lies the rub: OpenAI did not stop at the deal. It also embarked on a sweeping raid of Apple’s hardware and engineering teams. Bloomberg indicates that the past month alone has seen more than 40 new employees for its devices group, many of them from Apple.OpenAI is now the Apple of AI and there’s no going back.When people say “AI,” they don’t mean Anthropic, Gemini, or Grok, they mean ChatGPT.Just like when people say “tablet,” they mean iPad.When they say “smartphone,” they mean iPhone.OpenAI didn’t just build a model, they… pic.twitter.com/C7UQ9rH4c8— VraserX e/acc (@VraserX) November 12, 2025That kind of talent transfer isn’t the usual skirmish of mid-level defections, it involves high-profile names from Apple’s hardware division, including former industrial-design head Evans Hankey and hardware engineering exec Tang Tan.In short: OpenAI isn’t just beefing up, it seems to be building a full-blown consumer-hardware capability, and it’s taking Apple’s best minds to do it.Why Apple Might Be ShakingThis is not just about brains leaving the building. This is about what it says. The poaching comes at a time when Apple appears to be stumbling in the AI race. For example: According to Bloomberg, Apple’s upcoming iOS 27 update is described as “Snow Leopard-style”, focusing on polish, performance and AI rather than major feature leaps. Snow Leopard was a 2009 Mac OS update that offered significant performance enhancements rather than new features and that focused on improving stability and speed.Even more telling: Apple is reportedly in talks to license Google’s Gemini model to power a revamped version of Siri, to the tune of $1 billion per year. That means the company known for bespoke hardware and end-to-end integration may soon lean heavily on external AI models. Meanwhile, its own talent is trickling out the door. That’s not exactly confidence-inspiring.[#highlighted-links#] What OpenAI Is BuildingHistorically, OpenAI has been all software: GPT-4, ChatGPT, large language models. But the acquisition of Ive’s “io” and the mass hiring of hardware talent change the game. The hires go far beyond mid-level engineers. OpenAI has picked up senior leaders, directors, and seasoned specialists drawn from almost every major hardware team at Apple.OpenAI’s new hardware division built around Jony Ive’s secretive startup has ramped up hiring of Apple engineers. The group has brought on about 40 new people in the last month or so, with many of them coming from Apple’s hardware group. Details here: https://t.co/f2YNQG845y— Mark Gurman (@markgurman) November 23, 2025In other words: OpenAI may be gearing up to deliver a full-blown AI-device lineup, think hardware optimized for generative AI, designed by the very folks who helped define Apple’s aesthetic and manufacturing playbook.Apple’s AI Strategy: Catching Up or Falling Behind?Apple’s position right now looks like this:It has long promoted its internal “Apple Intelligence” initiative, but certain AI improvements (especially to Siri) have been delayed into 2026.To compensate, Apple is negotiating to license Google’s Gemini model (with 1.2 trillion parameters) to power Siri. But talent is moving out. Engineers who might have worked on Apple-designed AI hardware are now lining up with OpenAI.I have been thinking a lot about Apple’s original playbook of vertical integration — and how it shaped the entire modern tech era.Today, another company is quietly tracing that same path.OpenAI. pic.twitter.com/k9MennpPaf— Lo Toney (@lo_toney) November 13, 2025So when Apple touts “vertical integration”, the reality looks messier. Outsourcing AI model design to Google, while losing hardware talent to OpenAI, doesn’t exactly reinforce the image of being in command.Why This Talent War MattersIn the near term, this might seem like a boardroom skirmish. But the implications are broader:Hardware matters again. AI is not just about code; it’s about the silicon, the device, the design. Having a few top engineers doesn’t guarantee success, but what OpenAI is doing suggests it believes hardware is the next frontier.Ecosystem power shifts. Apple built a powerful lock-in ecosystem. But if it can't execute hardware + AI, competitors (and newcomers) can disrupt.Talent is the raw material. Hiring ex-Apple engineers gives OpenAI not just skills but institutional culture, know-how, supply-chain networks, manufacturing insight, all critical in hardware.Final TakeOpenAI is quietly positioning itself as more than “just” the maker of ChatGPT. By acquiring Jony Ive’s startup and poaching Apple’s brain trust, it may be plotting the next generation of devices where AI is baked in, not bolted on. Meanwhile, Apple, once the standard-bearer for device innovation, is forced into a reactive mode: licensing AI models from rivals, scrambling to hold onto talent, and shipping software updates that focus on performance rather than feature bombs.Watch this space.For more stories of tech around the edges of finance, visit our Trending section. This article was written by Louis Parks at www.financemagnates.com.

Capital.com has expanded its operations in Bulgaria and increased its local headcount by 51% over the past year. The move is part of a broader plan to build specialised centres of excellence across key functions, with Bulgaria becoming the main hub for customer service.Join IG, CMC, and Robinhood in London’s leading trading industry event!The expansion follows a strong third quarter in which Capital.com reported total trading volumes of $744 billion. Several asset classes showed growth despite seasonal moderation. Equity trading rose 5.2% quarter-on-quarter, while crypto securities increased 53.9%. FX and commodities declined 17.1% and 12.2%, reflecting seasonal trends.Capital.com Invests €5M in Bulgaria HubThe company said it will invest up to €5 million to develop its operational infrastructure, with a new office at Sofia’s Office X Business Garden. The investment is aimed at creating a customer service centre of excellence and improving workplace conditions. The Bulgaria hub will support global clients with multilingual service and faster response times.Eugene Lemesh, Chief People Officer at Capital.com, said “Bulgaria has been an important part of our growth story.” He added that the company has opened a new office in a key district and increased headcount by “more than 50%.” He also noted that the firm is investing up to €5 million to create a “world-class customer service hub” and to combine technology talent in Poland with client support in Bulgaria.Operates Hubs Across Eleven LocationsCapital.com operates two main hubs. Its technology and engineering centre in Poland employs more than 430 people. Its Sofia team has grown to 100 employees. The Bulgaria expansion is led by Elpida Gavril, Global Head of Operations, who oversees all operational functions, including customer service.The Sofia-based customer service team provides 24/7 multilingual support via email, phone, and live chat. The company said that average response times are under 60 seconds for chat and under two hours for email. Capital.com employs over 1,100 people across 11 locations, including London, Dubai, Limassol, and Melbourne.Over 45 Million Trades Executed QuarterlyThe company executed more than 45.7 million trades during the third quarter. It also expanded its market coverage by adding over 1,200 new instruments. Traders now have access to more than 4,500 CFDs across equities, indices, commodities, FX, and cryptocurrencies. Crypto derivatives are not available to UK clients.Capital.com said it has increased its crypto CFD range to more than 400 instruments. The expansion includes major cryptocurrency pairs and a wider set of altcoins. This article was written by Tareq Sikder at www.financemagnates.com.

The broker-dealer PhillipCapital UK has agreed to buy out London-listed Walker Crips Group in an all-cash transaction valuing the struggling wealth management firm at £5.96 million, the companies said today (Monday).110-Year-Old Investment Firm Just Got Bought for PenniesThe Singapore-owned firm offered 14 pence per share, an 86.7% markup over Walker Crips' closing price of 7.5 pence on Thursday. The board unanimously backed the deal, which will pull Walker Crips off the London Stock Exchange early next year.Walker Crips has been bleeding cash while trying to clean up legacy compliance problems and adapt to tougher UK regulations. The company took a £5 million emergency loan from PhillipCapital's parent firm in July after racking up losses remediating old client issues. That loan comes due in January, and Walker Crips can't pay it back.The move comes at a time when Phillip Securities, one of PhillipCapital’s units, is preparing to expand into institutional foreign exchange trading, with the firm selecting Integral to provide the technology needed to support larger clients and higher volumes. The latest steps build on Phillip Securities’ existing equity CFD business and mirror similar technology deployments at its affiliates, Phillip Nova and Phillip Securities Japan, both of which already operate on Integral’s systems.Shares Stuck Below Offer Price for MonthsThe stock hasn't traded near 14 pence since Walker Crips disclosed its annual losses and the bailout loan back in July. Average daily volume over the past year was just 30,481 shares, barely 0.07% of shares outstanding, making it tough for investors to exit positions."The offer from PhillipCapital represents an attractive premium to Walker Crips' current share price and offers shareholders the certainty of cash in the near term, whilst also mitigating the risk associated with the repayment of the Working Capital Facility in January 2026," said Mark Nelligan, a non-executive director.Without the buyout, Walker Crips would have been forced into a deeply discounted rights offering to repay the loan. That would have diluted existing shareholders, potentially by a lot, since PhillipCapital already owns 29% and could have mopped up shares other investors couldn't afford to buy.Regulatory Squeeze Pushed Firm to the BrinkThe 110-year-old firm has been struggling with the costs of meeting modern compliance standards. New consumer protection rules and interest rate regulations on client cash hit profits hard. Walker Crips reported a £3.64 million operating loss for the year ended March 31, compared to a £60,000 loss the prior year, on roughly flat revenue of £31.35 million.The company discovered a legacy systems problem that may have misstated client account information related to fund unit types. That could affect some clients' tax liabilities. An internal investigation started in June is still ongoing.PhillipCapital, which has held a stake in Walker Crips since 1993 and has two board representatives, plans to inject at least £7 million into the business after taking it private. The buyer wants to focus on Walker Crips' investment management and structured products units while possibly selling off other pieces.Job Cuts Expected Despite Growth PlansThe new owner expects to cut roughly 10% of Walker Crips' workforce within a year, eliminating redundant back-office roles and functions tied to being a public company. PhillipCapital said overall headcount should grow over time as it tries to scale up the business."With the support of the wider PhillipCapital Group, we believe that Walker Crips will be able to fully capitalize on the undoubted market opportunity," said Linus Lim, a director at PhillipCapital.The deal requires approval from 75% of independent shareholders at a court-convened meeting and from the Financial Conduct Authority. PhillipCapital's concert party can't vote on the scheme itself but will vote in favor of related resolutions at a separate general meeting.Completion is expected in the first quarter of 2026. To give the deal time to close, PhillipCapital extended the loan repayment deadline from Jan. 31 to Feb. 28, contingent on shareholders approving the buyout. This article was written by Damian Chmiel at www.financemagnates.com.