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Tradologie Launches Global B2B Platform In India

PYMNTS

According to a press release , the company is revamping the usual B2B processes by cutting the costs of commodities for the buyer in real time, so "more gets done in less time while using fewer resources," which has the effect of making the price visible while the deal is still on. "We

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Coinbase Faces Class-Action Suit Over Sales Of Ripple's XRP

PYMNTS

Securities and Exchange Commission filed a lawsuit against Ripple Labs and some of its executives, alleging the company illegally skirted laws by classifying its XRP cryptocurrency as a commodity rather than a security, a Missouri man has sued Coinbase over its role selling XRP.

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Broadridge, PPI Debut Payments-As-A-Service Offering

PYMNTS

Broadridge Financial Solutions has partnered with Hamburg, Germany-based payments consultancy and supplier PPI in order to launch a joint Payments-as-a-Service (PaaS) initiative to help alleviate payments processing pains, according to a press release.

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Biden Announces Admin Changes For SEC, FTC, CFTC

PYMNTS

The new acting chair of the Securities and Exchange Commission (SEC) will be Commissioner Allison Herren Lee as designated by President Joe Biden, according to a press release. Lee was sworn in as commissioner in 2019, and she has written, lectured and taught courses on the financial regulation and corporate law, the release stated.

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Bitcoin Daily: CFTC Charges Four In Alleged Crypto Scam; ECB Gets First Collectible Crypto

PYMNTS

The Commodity Futures Trading Commission filed a complaint in a Texas U.S. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release.

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CFTC Staff Publishes Updated Responses to FAQs Regarding Commission Regulation 4.27 and Form CPO-PQR

Corporate Financial Weekly Digest

On May 26, Commodity Futures Trading Commission’s Market Participants Division (MPD) published updated responses to frequently asked questions regarding CFTC Regulation 4.27 CFTC Press Release. and Form CPO-PQR (FAQs). The updated FAQs reflect that Final Rule’s revisions and supersede the 2015 version.

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CHAMPS Group Purchasing Works With Procurement Partners On Smoother P2P Services

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CHAMPS Group Purchasing is partnering with Procurement Partners , which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says. The service will “drive the efficiency of purchasing, invoicing and auditing for both members and suppliers of CHAMPS GPO,” the release says.