Search Results for: Global Payments
Wargaming Selects Computop to Cut Costs and Increase Reliability of International Payment Processing
October 2nd, 2015
Computop, a top payment service provider (PSP), has been selected by leading free-to-play developer and publisher Wargaming to process payments within Europe, the Middle East and North Africa. Following a strategic review of its payments partners to streamline, reduce ...
China Adopts IMF Accounting Practice in Reserve-Currency Push
May 12th, 2015
China adopted the International Monetary Fund’s standards for its latest balance of payments data as the nation seeks to obtain reserve-currency status for the yuan. The changes, effective this year, include putting reserve assets under the financial rather than ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...
Greek Nerves Turning Asian Money Off Europe, ADB Economist Says
May 4th, 2015
Asian companies are thinking twice about their dealings with European partners as jitters persist over whether Greece will splinter the euro area, the Asian Development Bank’s chief economist said. “The private sector is trying to adjust their strategy,” Shang-Jin Wei said ...
Goldman Sachs Report Says Bitcoin Could Shape ‘Future of Finance’
March 12th, 2015
Bitcoin and cryptocurrencies are part of a technology “megatrend” that could change the fundamental mechanics of transactions, according to a new report from Goldman Sachs‘ equity research analysts. Bitcoin, along with improved payment security, ‘big data’ analytics and faster ...
Earthport Appoints New President for Europe
February 12th, 2015
Daniel Marovitz will lead the cross-border payment company’s European business Earthport, the cross-border payments service provider has appointed web entrepreneur and banker Daniel Marovitz as President of Europe, effective immediately. Daniel is responsible for the company’s European commercial operations, ...
Exponential and XE.com announce two-year exclusive partnership for mobile web, in-app monetisation
November 12th, 2014
Exponential Interactive, the global provider of advertising intelligence and digital media solutions, today announced an expansion of their exclusive partnership with online foreign currency and rate exchange resource XE.com, enabling XE to monetise their in-app and mobile web inventory ...
Case closed in favor of INTL FCStone in Sentinel case
August 22nd, 2014
INTL FCStone Inc. (Nasdaq:INTL) (“the Company”) announced on March 19, 2014 that the U.S. Court of Appeals for the Seventh Circuit had reversed the trial court’s January 2013 decision against its subsidiary, FCStone, LLC, in the Sentinel matter. Because ...
Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts
July 16th, 2014
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...
Yuan to Start Direct Trading With Pound from tomorrow
June 18th, 2014
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global trade and finance. “This is an important step in strengthening ...
