Search Results for: banks
Safe-deposit-box: the preferred method of tax dodgers
September 18th, 2015
Italians looking to conceal assets turn to safe-deposit boxes. Italians who want to stash their riches out of reach of tax collectors might familiarize themselves with a restaurant on the Via della Posta in the Swiss town of Locarno, ...
InfoLink Services Limited Selects POSH from Fiserv to Upgrade its Payment Transactions Platform
September 18th, 2015
Fiserv selected as single technology partner for payment transaction processing by InfoLink Services Limited (ISL) ISL chose Fiserv to deliver cost effective, scalable, and PCI and EMV compliant capabilities with proven reliability and maximum uptime performance ISL will use Fiserv as its single technology partner for ...
Russian Firm Plans Local Version of Bitcoin Digital Currency
September 18th, 2015
A leading Russian payment services provider is developing the country’s first virtual currency — the bitruble. If the company, Qiwi, can overcome resistance from Russia’s financial authorities — which fear that cryptocurrencies could be used to launder money and ...
Saxo opens access to its trading infrastructure with the launch of OpenAPI
September 17th, 2015
Leads industry evolution by facilitating tailored user experiences within trading and investing Saxo Bank, the multi-asset trading and investment specialist, is one of the first financial institutions to give access to its trading infrastructure through the bank’s new REST ...
BT helps global financial industry keep data secure with new ethical hacking service
September 17th, 2015
BT brings in CREST STAR certified security testing to protect financial organisations from cyber threats BT today announced the global launch of “BT Assure Ethical Hacking for Finance”, a new security service designed to test the exposure of financial ...
Saudi Arabia Just Got Turned Into an ETF
September 17th, 2015
Now that you can have instant exposure to Middle Eastern stocks, the question is: Do you want it? Like a game of Risk, the entire world is slowly but surely getting wrapped up by U.S. exchange-traded fund issuers. The IShares MSCI Saudi ...
Forex Investors See Regulation as a Top Issue
September 17th, 2015
Tightening rules could make currency trading more difficult, expensive Global regulators are tightening rules around trading in financial markets after a series of scandals, which could make currency trading more difficult and expensive, said industry participants at a foreign-exchange ...
The Next Financial Crisis Won’t be Like the Last One
September 16th, 2015
It seems increasingly likely the next Global Financial Meltdown will arise in the FX/currency markets. Central banks are like generals: they tend to fight the last war. The Great Financial meltdown of 2008 was centered in too big to fail, too ...
Fired Currency Traders Won’t Leave Quietly
September 16th, 2015
Six lawsuits filed in London by FX traders emerged last month Banks also faced employee suits after Libor scandal lay-offs As banks try to clean up trading floors beset by benchmark-rigging scandals, not all fired workers are leaving quietly. ...
Thomson Reuters: Interview with Vítor Constâncio, Vice-President of the ECB
September 16th, 2015
Interview with Vítor Constâncio, Vice-President of the ECB, conducted by Paul Ingrassia, Balazs Koranyi and John O’Donnell on 14 September Is quantitative easing working? It is working and effective in many ways. The ultimate metric to assess success is the ...
