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A progression from PSD2, PSD3 aims to bolster payment security and customer authentication, address PSD2 deficiencies, and enhance access to banking infrastructure for Payment Service Providers (PSPs). The final version of the directive is scheduled for publishing later this year, and if approved by the EU, will become law in 2026 following a transition period.

The Funded Trader, a once highly regarded proprietary trading firm, has suspended its operations and website, leaving the trading community in shock and uncertainty. In this article, we report on the unfolding situation, delving into the root causes that led to the firm’s abrupt pause.

FX, Fintech and cryptocurrency markets have been bustling with activity over the past week, as is often the case. Keep yourself informed and ahead of the curve with a curated selection of crucial stories and developments that are most relevant to those engaged in the markets.

IEC, a global fintech group specialising in online consumer loans, is pleased to announce the signing of an implementation agreement (“Spain Implementation Agreement”) for the establishment of a new Delaware subsidiary company MRAL Spain Corporation (“MRAL Spain”), which will conduct consumer credit lending operations in Spain, representing a significant development in IEC’s growth strategy and continued expansion in the global consumer finance market.

Drawing insights from five leading experts— Evgeny Sorokin from Devexperts, Anton Sokolov from Brokeree Solutions, Natalia Zakharova from FXOpen, Andrew Saks from TraderEvolution Global, and Elina Pedersen from Your Bourse —this article aims to provide a comprehensive overview of the opportunities and risks associated with prop trading for brokers.