Search Results for: Sage
Time for deal with Greece’s creditors is running short
March 31st, 2016
The government is striving to find common ground with the country’s creditors on measures worth 3 percent of Greece’s gross domestic product, or 5.4 billion euros, before the Eurogroup meeting on April 22, so as to have completed its ...
Bitcoin Exchange Shuts Down its operations
March 31st, 2016
Canadian bitcoin exchange CoinTrader has shut down its operations. By the look of things, there is no indication that the exchange will resurface at a later time, either. CoinTrader, a Canadian bitcoin exchange that – in addition to its ...
FED survey provides information on mobile financial services
March 31st, 2016
Mobile banking use continued to rise last year as smartphone adoption grew and consumers were increasingly drawn to the convenience of mobile financial services, according to a Federal Reserve Board report,Consumers and Mobile Financial Services 2016, released on Wednesday. The ...
CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm
March 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...
PwC Report: Blockchain a ‘Once in a Generation’ Opportunity for Financial Services
March 30th, 2016
Blockchain marks the next “jump” in business process/optimization technology, according to a newly-released PriceWaterhouseCoopers (PwC) report on fintech. The report, “Blurred lines: How FinTech is shaping Financial Services,” compares blockchain to Enterprise Resource Planning (ERP) software that allowed entities and functions within a ...
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
March 30th, 2016
Federal investigators explore whether cybercriminals stole confidential information to be used for insider trading Hackers broke into the computer networks at some of the country’s most prestigious law firms, and federal investigators are exploring whether they stole confidential information ...
YELLEN: The Fed is in no rush to raise rates
March 30th, 2016
Federal Reserve Chair Janet Yellen reiterated on Tuesday that interest rates would rise slowly. Yellen was speaking at the Economic Club of New York. In her prepared remarkspublished before the speech Tuesday, Yellen said raising rates with caution was “especially ...
Round tables held by ACCA and Grant Thornton: Audit needs to respond more quickly to change
March 28th, 2016
Round tables point to concerns over Audit in developed countries A series of round tables held by ACCA (the Association of Chartered Certified Accountants) and Grant Thornton in seven countries across the world has revealed a series of highly diverse opinions ...
How Satisfying Millennials Could Save PwC $850 Million
March 25th, 2016
Consulting firm’s U.S. workforce is 80 percent under age 36 Flexible hours let employees manage family, go to yoga class PricewaterhouseCoopers had a big, expensive problem. Turnover, especially among younger employees, was “dreadful,” says Carol Sawdye, the company’s vice ...
Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales
March 22nd, 2016
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...