Search Results for: India
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
Dollar Hits 12-Week Low on Trump, Nikkei to Slide: Markets Wrap
February 1st, 2017
Dollar strengthens after falling Tuesday on Trump comments Japan shares erase early losses while Hong Kong stocks slump Asian stocks were mostly higher while the dollar stabilized after its worst month since March as investors weighed the impact of ...
Ingenico Group to acquire 100% of TechProcess Payment Services
January 31st, 2017
Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors). Created in 2000, ...
ACCA identifies six business models transforming business
January 30th, 2017
A new report published by ACCA, the global body for professional accountants and the Economic and Social Research Council has identified six business models which could transform the way in which companies transact. The report Business models of the ...
Forget mobile payments, use your fingerprint
January 30th, 2017
Mobile payments are so 2016. That’s the belief of one start-up that is hoping consumers will ditch the device altogether and use their fingerprints instead. Touché, a startup based in Singapore, raised $2 million last June and is launching ...
MoneyGram Agrees to Merge with Ant Financial
January 27th, 2017
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they ...
Asian Stocks Extend Rally After Dow Tops 20,000: Markets Wrap
January 26th, 2017
MSCI Asia Pacific Index trading at highest since July 2015 Gold extends decline while bonds and dollar remain steady A global equities rally gathered speed as Asian stocks climbed to the highest level since July 2015 after the Dow ...
Investigators turn attention to second forex fraud
January 25th, 2017
As the man behind a Dh50 million foreign exchange scheme that promised to double investors’ money is arrested for a second time, investigators are now turning their attention to a second forex fraud believed to have snared thousands of ...
Asia Stocks Extend Global Rally on Growth Optimism: Markets Wrap
January 25th, 2017
S&P 500 Index climbs to record as commodity shares advance Australian dollar slides on weaker-than-expected inflation Stocks in Asia joined a global equities rally as corporate results reignited investors’ optimism in economic growth. A surge in commodities prices bolstered ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
