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Fiserv Launches New FIUSD Stablecoin For Financial Institutions - Bank-Friendly Coin Will Allow Access To Digital Assets Through A Simple, Secure, And Scalable Platform
Date 23/06/2025
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced plans to launch a new Fiserv digital asset platform, including a new stablecoin (FIUSD) that will be added to Fiserv’s existing banking and payments infrastructure by the end of the year.
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EGX & U Consumer Finance (Valu) Executives Ring The Bell For Company's Trading Commencement
Date 23/06/2025
On Monday, June 23, 2025, Ahmed El Sheikh, Executive Chairman of The Egyptian Exchange (EGX), rang the opening bell to inaugurate the trading session, joined by Heba El-Serafy, EGX Vice Chairman. The event was also attended by Karim Awad, CEO of EFG Holding, and Walid Hassouna, CEO of U Consumer Finance (VALU.CA). The bell-ringing ceremony celebrated the commencement of trading in the shares of U Consumer Finance following its listing on EGX main market.
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Streamlining Financial Transaction Reporting: ESMA Calls For Input
Date 23/06/2025
As part of its Data Strategy and its contribution to simplification and burden reduction, the European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, launched today a call for evidence to gather feedback on opportunities to simplify, better integrate and streamline supervisory reporting.
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Chartered CISI Fellow Assad Malik Appointed President Of CISI Swiss National Advisory Council
Date 23/06/2025
Educational charity and professional body the CISI (Chartered Institute for Securities & Investment) is delighted to announce the appointment of Assad Malik, Chartered FCSI as president of CISI’s Swiss National Advisory Council (NAC).
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NGX Group Chairman Calls For Regional Collaboration To Unlock West Africa’s Trade And Investment Potential At WAES 2025
Date 23/06/2025
The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has called for stronger regional cooperation to harness the untapped potential of West Africa’s trade and commodity markets. Speaking at the inaugural West Africa Economic Summit (WAES) 2025 held under the theme “Unlocking Trade and Investment Opportunities in the Region”, Dr. Kwairanga highlighted the critical role of capital markets and commodity exchanges in transforming the region’s abundant natural resources into organized, transparent capital that fuels industrialization and inclusive economic growth.
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ICE First Look At Mortgage Performance: Delinquencies Held Steady In May But Continue To Trend Higher On An Annual Basis
Date 23/06/2025
ICE Mortgage Technology, neutral provider of a robust end-to-end mortgage platform and part of Intercontinental Exchange, Inc. (NYSE: ICE), today released its May 2025 ICE First Look, which shows that delinquencies and foreclosure activity continues to trend slightly higher on an annual basis despite some seasonal and disaster recovery related improvement.
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EGX: 30th Of June Revolution Holiday 2025
Date 23/06/2025
It was decided that Thursday 3rd of July 2025 will be an official holiday instead of 30th of June for the 30th of June Revolution, trading will be resumed effective Sunday 06th of July 2025.
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Bank Of England Renews Its Commitment To Adhere To The FX Global Code
Date 23/06/2025
The Bank of England has renewed its Statement of Commitment to the FX Global Code (‘Code’) based on the revised Code dated December 2024. The Code sets out principles of good practice in the foreign exchange (FX) market. It was first published in 2017 and has been updated twice by the Global Foreign Exchange Committee (GFXC), in July 2021 and December 2024. By signing this Statement, the Bank of England attests that its internal processes are consistent with the principles of the Code.
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US VC Funding Breaches $100 Billion Mark In First Five Months Of 2025, Finds GlobalData
Date 23/06/2025
The venture capital (VC) funding landscape in the US has demonstrated remarkable performance in early 2025. While the total number of VC deals has experienced a slight decline of around 5% year-on-year (YoY) during January-May 2025, deals value has surged significantly by more than 90% to $101 billion, underscoring a robust appetite for investment in innovative startups, according to GlobalData, a leading data and analytics company.
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ETFGI Reports That Assets Invested In Actively Managed ETFs Listed Globally Reached A New Record Of US$1.39 Trillion At The End Of May
Date 23/06/2025
ETFGI, a leading independent research and consultancy firm renowned for its expertise in subscription research, consulting services, events, and ETF TV on global ETF industry trends, reports today that assets invested in the actively managed ETFs listed globally reached a new record of US$1.39 trillion at the end of May. During May the actively managed ETFs listed globally gathered net inflows of US$43.49 billion, bringing year-to-date net inflows to a record US$220.25 billion, according to ETFGI's May 2025 Active ETF industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
