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Capital.com enters South Africa under dual FSCA regulatory licence

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The global fintech group has been authorised as an Over-the-Counter Derivatives Provider and Category 1 Financial Services Provider, establishing its regulated operating framework in the country

LIMASSOL, Cyprus, June 23, 2026 /PRNewswire/ — Capital.com today announced dual regulatory approval from South Africa’s Financial Sector Conduct Authority (FSCA). The global financial group, which operates a technology-led trading platform, has been authorised as an Over-the-Counter Derivatives Provider (ODP) and Category 1 Financial Services Provider (FSP). The approvals establish Capital.com’s regulated operating framework in South Africa under FSCA supervision.

Capital.com South Africa plans to onboard clients and provide access to contracts for difference (CFDs) across more than 5,000 markets, including equities, commodities, indices and foreign exchange, and to execute derivative transactions in accordance with South Africa’s regulatory framework for derivatives providers. The licence also permits the offering of crypto CFDs under FSCA supervision.

In parallel, Capital.com South Africa is authorised as a Category 1 FSP, allowing it to market and promote Capital.com locally as an approved financial services provider and to provide financial services and intermediary (non-advice) services for approved financial products, including shares and other investment products, subject to FSCA requirements.

Commenting on the approvals, Valentina Rzheutskaya, Executive Director at Capital.com, said: “Operating under local regulatory supervision is fundamental to how we approach market entry. The FSCA approvals define the framework within which Capital.com is permitted to operate in South Africa, including the standards we must meet around governance, conduct and risk controls.”

Capital.com has appointed Travis Robson as Chief Executive Officer for South Africa. Travis is a senior financial services executive with extensive experience building and running businesses within regulated financial services environments. His background includes establishing local governance structures, engaging with regulators, and overseeing regulated trading operations, making him well-placed to lead Capital.com’s South African business.

Travis Robson, CEO, South Africa, Capital.com, said: “Operating through a regulated local entity matters because it shapes the environment in which decisions are made. Our role is to ensure clients engage with markets within a framework that is governed, supervised and designed to prioritise clarity around risk. By operating under FSCA oversight, we are focused on providing access to markets in a way that supports informed decision-making.”

The South Africa approvals follow Capital.com’s recent regulatory authorisation by the Capital Markets Authority of Kenya, reflecting the group’s approach to regulated market entry.

Capital.com holds licences through regulated entities authorised by financial regulators including the UK Financial Conduct Authority, the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, the Securities Commission of The Bahamas, the UAE Capital Market Authority, the Bermuda Monetary Authority and the Capital Markets Authority of Kenya.

Notes to editors

About Capital.com

Capital.com is a global, regulated financial company established in 2016. It operates a technology-led platform providing access to financial markets, designed to support deliberate and informed decision-making.

The company’s operating model is structured around regulatory compliance, governance, and operational discipline. Platform design emphasises clarity, information sequencing, and risk awareness, with features intended to limit unnecessary urgency and support considered market participation.

Capital.com operates across multiple jurisdictions under established regulatory frameworks. The company’s focus is on long-term consistency, resilience, and stability across market conditions, including periods of heightened volatility.

Capital.com maintains operational offices in major financial and business centres, including London, Dubai, Warsaw, Milan, Nassau, Sofia, Limassol, Nairobi, and Melbourne. Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA) under registration number 793714. Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under licence number 319/17. Capital Com Group Ltd is authorised and regulated by the CySEC under licence number 463/25. Capital Com Australia Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393. Capital Com Online Investments Ltd is a Company registered in the Commonwealth of The Bahamas and authorised to carry out Securities Business by the Securities Commission of The Bahamas with licence number SIA-F245. Capital Com Mena Securities Trading LLC is authorised and regulated by the Capital Market Authority (CMA), under licence number 20200000176. Capital Com Investments (Bermuda) Ltd. is authorised and regulated by the Bermuda Monetary Authority (“BMA”) under the Investment Business Standard Licence and Digital Asset Business (Class F) Licence dated 15 April 2025. CC Kenya Securities Limited trading as Capital.com is regulated by the Capital Markets Authority of Kenya under licence number 244. Capital Com South Africa (Pty) Ltd is incorporated in South Africa with registration number 2025/355173/07, and is authorised and regulated by the Financial Sector Conduct Authority (“FSCA”) as a Financial Services Provider under the licence number 55488 and as an Over the Counter Derivatives Provider.

To find out more, please visit:  www.capital.com

This press release is for media use only. It’s not intended for individual investors and doesn’t include personal advice or recommendations.

DISCLAIMER

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Depending on the company, between 61-89% of retail investor accounts lose money when trading CFDs with Capital.com Group. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd. Spread bets are available only to UK clients.

The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

Capital Com (UK) Limited (“CCUK”) is incorporated in England and Wales with registration number 10506220, and is authorised and regulated by the Financial Conduct Authority (“FCA”) under the reference number 793714. Capital Com Group Ltd is incorporated in the Republic of Cyprus with registration number ΗΕ446198, and is authorised and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under the licence number 463/25. Capital Com SV Investments Limited (“CCSV”) is incorporated in the Republic of Cyprus with registration number HE354252, and is authorised and regulated by the CySEC under the licence number 319/17. Capital Com Australia Pty Ltd is incorporated in Australia with registration number 625 601 489, and is authorised and regulated by the Australian Securities and Investments Commission (“ASIC”) under AFSL licence number 513393. Capital Com Online Investments Ltd. is incorporated in the Commonwealth of The Bahamas with registration number 209236B, and is authorised and regulated by the Securities Commission of The Bahamas (“SCB”) under the licence number SIA-F245. Capital Com Mena Securities Trading L.L.C is incorporated in the United Arab Emirates with registration number 1994695, and is authorised and regulated by the Capital Market Authority (“CMA”) under the licence number 20200000176. Capital Com Investments (Bermuda) Ltd. is incorporated in Bermuda with registration number 202201970, and is authorised and regulated by the Bermuda Monetary Authority (“BMA”) under the Investment Business Standard Licence and Digital Asset Business (Class F) Licence dated 15 April 2025. CC Kenya Securities Ltd is incorporated in Kenya with registration number PVT-RXUMQ5KL, and is authorised and regulated by the Capital Markets Authority (“CMA”) under the licence number 244. Capital Com South Africa (Pty) Ltd is incorporated in South Africa with registration number 2025/355173/07, and is authorised and regulated by the Financial Sector Conduct Authority (“FSCA”) as a Financial Services Provider under the licence number 55488 and as an Over the Counter Derivatives Provider under the approval dated 12 May 2026.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.

Photo: https://mma.prnewswire.com/media/2998155/Capital_com_CEO.jpg
Logo:  https://mma.prnewswire.com/media/2998154/Capital_com_Logo.jpg

SOURCE Capital.com

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Cash or Card? New Upgraded Points Survey Reveals How Travelers Pay Abroad

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AUSTIN, Texas, Oct. 28, 2026 /PRNewswire/ — A new Upgraded Points survey of 1,500 recent international travelers, including 1,000 Americans, finds that travelers use a mix of cash and cards abroad, but exchange rates, fees, and declined transactions can complicate purchases.

“Spending money should be the easy part of a trip abroad,” said Ryan Smith, Director of News at Upgraded Points. “But exchange rates, fees, and payment options can complicate even the simplest purchase. We wanted to learn how travelers prepare, where their plans run into trouble, and what they do when convenience and the best exchange rate move in different directions.”

Study Methodology

Upgraded Points surveyed 1,500 adults who had traveled internationally within the past 12 months, including 1,000 U.S. adults and 500 adults from other countries. Respondents answered questions about payment methods, cash habits, credit card use, airport currency exchanges, and their confidence navigating exchange rates. The results were compared to show how Americans’ payment habits differ from those of other international travelers.

Payment Planning Often Starts Months Before a Trip

Nearly one-third (32%) begin planning how they’ll pay abroad three to six months before departure. U.S. travelers are more likely than non-U.S. travelers to start earlier, with 20% beginning more than six months ahead, compared with 12% of non-U.S. travelers.

Travelers’ Confidence in Exchange Rates Varies

Just 35% of respondents said they feel very confident understanding exchange rates abroad. Confidence also varied by age and gender:

44% of men feel very confident, compared with 26% of women.28% of Gen Z travelers feel very confident, compared with 40% of Gen X travelers and 37% of Baby Boomers.

Cash and Cards Remain Popular Abroad

Cash in the local currency and physical credit cards were nearly tied as the payment methods travelers most often use abroad. Mobile wallets were more popular among younger travelers:

71% use cash in the local currency.69% use a physical credit card.44% use a mobile wallet, including 56% of Gen Z travelers and 22% of travelers age 61 and older.35% use a physical debit card.

Most Travelers Carry Local Currency

More than 8 in 10 travelers (81%) carry cash in the destination’s currency, often for situations where cards may not be accepted:

64% use it at street vendors, markets, or small businesses.55% use it for tips and other customary cash payments.53% carry it for emergencies.

Travelers generally avoid carrying a large amount at once. About 44% exchange enough cash for several days, while 26% exchange enough for the full trip.

Familiar Card Brands Lead Among U.S. Travelers

Among U.S. respondents, Visa was the most commonly used card network, while Chase and Capital One were the most commonly used issuers:

Visa: 24%Chase: 21%Capital One: 19%American Express: 15%

Fees and Declined Cards Can Complicate Purchases

Among all respondents, travelers most often said their bank or card company contacted them about a purchase made abroad. Other issues increased the cost of a purchase or prevented it from going through:

38% were contacted by their bank or card company about a purchase.34% paid more than expected because of the exchange rate.29% were charged an unexpected foreign transaction fee.26% had a card declined.

Find the full study here.

About Upgraded Points LLC

Headquartered in Austin, Texas, Upgraded Points is a travel company that helps to demystify the complex world of travel and credit cards. Launched in 2016 by Alex Miller, Upgraded Points uses targeted research efforts and in-depth studies to help travelers maximize their travel, points, and experiences. Learn more at www.UpgradedPoints.com.

Media Contact:
Alex Miller, Founder
1-214-646-8866
425187@email4pr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cash-or-card-new-upgraded-points-survey-reveals-how-travelers-pay-abroad-302922010.html

SOURCE Upgraded Points

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ESI supplying solar array components to missile defense programs

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SIMI VALLEY, Calif., Oct. 28, 2026 /PRNewswire/ — ESI Motion Inc. is proud to announce that it is supplying the Solar Array Drive Electronics (SADE) to Lockheed Martin for its work on the Space Development Agency’s Proliferated Warfighter Space Architecture (PWSA) programs.

Under the agreement, ESI Motion’s SADE technology will support SDA as the PWSA is developed.

Defending our nation in space is more important than ever. The Space Development Agency’s PWSA programs provide the military with a network of satellites with secure communication, missile tracking and space-based support to make sure our troops have the latest and greatest technology.

The SADE consists of our Space-rated, flight heritage, SuperNova and Pulsar motor controllers. These motion controllers ensure all mission parameters are fulfilled, with high-reliable technology. 

ESI Motion Inc., U.S. Company, is a trusted supplier and partner, supporting mission operations for space, military and industrial customers around the world for over 20 years. Please visit our website; www.esimotion.com

Mitchell Haerterich, mhaerterich@esimotion.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/esi-supplying-solar-array-components-to-missile-defense-programs-302922454.html

SOURCE ESI Motion

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Envoy AI Launches “Boss of Machines” Program to Develop the Next Generation of Freight Leaders

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New AI Operations Lab will provide college students with hands-on experience in freight technology, operational transformation, and a $2,500 scholarship.

CHATTANOOGA, Tenn., Oct. 28, 2026 /PRNewswire-PRWeb/ — Envoy AI, the AI Native platform behind logistics autonomous agent system and execution layer Ellie, today announced the launch of Boss of Machines: AI Operations Lab, a new internship and scholarship program designed to prepare the next generation of logistics professionals for an industry increasingly shaped by artificial intelligence and digital labor.

The people starting their careers in freight now are going to spend a lot of their day managing agents. Somebody has to be the boss of those machines. We named the program after that job because it’s the one brokerages are going to be hiring for.

The program was introduced by Envoy AI CEO Robby Nathan during his fireside chat at FreightWaves’ F3: Future of Freight Festival on October 27.

“Freight has always been a people business, and that isn’t changing,” said Robby Nathan, Envoy AI CEO. “What is changing is how the work gets done. We want students to understand that shift firsthand. There’s a big difference between learning about AI in a classroom and seeing what it takes to put it to work in a real operation. Our goal is to give them that experience and help prepare them to become the leaders this industry will need.”

Launching in spring 2027, the three-month program will select two college juniors or seniors for an immersive experience working directly with Envoy AI’s product, engineering, and operations teams. Participants will gain firsthand exposure to how AI technology is developed, implemented, and used to solve real operational challenges across the freight industry.

Preparing Students for a Changing Industry

As freight companies adopt AI to automate routine work, improve productivity, and scale operations, the skills future logistics leaders need are evolving.

The Boss of Machines program bridges the gap between classroom education and the practical experience needed to lead technology-enabled operations.

Students will participate in four areas of learning:

Building AI for Operations: Understanding how AI agents are developed and applied to freight workflows.Deploying Digital Labor: Learning how new technology is integrated into existing systems, implemented with customers, and adopted by operational teams.Measuring Operational Performance: Exploring the role of analytics, productivity, and return on investment in evaluating technology initiatives.Leading Modern Freight Operations: Developing an understanding of how people and AI agents work together to manage and execute freight operations.

Investing in the Next Generation

The initiative reflects Envoy AI’s commitment to developing talent and giving students meaningful exposure to the technology and operational practices shaping the future of transportation.

“About 75% of the freight in our live accounts is already booked through Ellie, and that changes the job a new hire walks into,” said Nathan. “The people starting their careers in freight now are going to spend a lot of their day managing agents. That takes someone who can tell when a rate doesn’t make sense for the lane, and who’ll catch a carrier about to fall off before the shipper ever hears about it. Somebody has to be the boss of those machines. We named the program after that job because it’s the one brokerages are going to be hiring for.”

Throughout the program, students will work alongside experienced industry professionals, gaining exposure to product development, customer implementations, operational workflows, and the business decisions involved in deploying AI at scale.

Upon successful completion of the three-month program, each participant will receive a $2,500 scholarship to support their fall 2027 studies.

Applications and Program Timeline

The inaugural Boss of Machines: AI Operations Lab will welcome two students for the spring 2027 semester.

The program is open to college juniors and seniors interested in logistics, supply chain management, technology, engineering, business operations, and related fields.

Applicants will be asked to share their interests, relevant experience, and perspectives on how technology can improve freight operations.

Envoy AI will announce selected participants in January 2027, ahead of the spring program kickoff.

Additional program details and application information will be available through Envoy AI’s website.

About Envoy AI

Envoy AI develops AI-powered digital labor solutions for freight and logistics operations. Through its AI workforce, Ellie, the company helps logistics teams automate operational workflows, improve productivity, and execute freight processes across existing transportation systems. Envoy AI helps transportation organizations scale operations through practical AI applications.

Media Contact

Michelle McBride, Envoy AI, 1 972-821-2012, michelle@tryenvoy.ai, tryenvoy.ai

View original content:https://www.prweb.com/releases/envoy-ai-launches-boss-of-machines-program-to-develop-the-next-generation-of-freight-leaders-302922133.html

SOURCE Envoy AI

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