EU Prepares Rules For Instant Payments In Euros

EU Instant Payments

Reuters has reported that the European Union is preparing legislation that would force banks in the Eurozone to offer their customers instant transfers and payments denominated in the common currency, the Euro. According to the drafts of the new regulations, only 11% of all Euro transfers were transacted as euro instant payments. The draft of…

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What Is KYC Onboarding And Why It Matters

KYC Onboarding

What is KYC onboarding? KYC onboarding refers to the Know Your Customer process that all regulated entities must perform before taking on a new customer. KYC onboarding aims to prevent money laundering and tax evasion. It also prevents PEPs (Politically Exposed Persons) from regulated financial services without full disclosure, potentially leading to insider dealing, depending…

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What Is Social Trading? A Detailed Definition

What Is Social Trading

So what is social trading exactly, and why has it gained such a strong following over the last few years? Let’s dive into this modern trading phenomenon for the answers. What Is Social Trading? Social media may have taken over most aspects of our daily communications, but it is relatively young. The first genuine social…

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Nonfarm Payroll (NFP) Risk Management Solution

Nonfarm Payroll Report

Risk management is a big part of your operations. That is particularly true around major economic releases such as the Nonfarm Payroll. Risk management around these events is crucial. The US Bureau of Labor Statistics releases the nonfarm payroll report, which tracks the growth in new jobs in all non-agricultural businesses and is one of…

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