Search Results for: SAFE
Europe vs. Facebook: Austrian activist wins another legal battle over data protection
May 27th, 2016
An Austrian privacy activist has won his next legal battle against so-called “model contract clauses,” used by thousands of multinational companies, including Facebook and Amazon, to legally transfer Europeans’ personal data to the US. Max Schrems, the 28-year-old data ...
Regulation – the hidden curse
May 27th, 2016
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers are banned from making products which are dangerous to children, ...
The top 10 countries with the largest gold holdings
May 26th, 2016
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest annual total since the end of the gold standard—with Russia ...
A new ISO Standards for mobile payments
May 26th, 2016
It is not so long ago that a mobile phone was used to make phone calls. These days, it is used for everything from navigating our way through the streets to paying our bills and managing our bank accounts. ...
RBS’s Bank Restructuring unit faces legal claims from business who claim they were forced into liquidation
May 26th, 2016
Small businesses who claim they were forced into liquidation by the activities of Royal Bank of Scotland’s controversial Global Restructuring Group (GRG), have set up a dedicated whistleblowers Website to encourage bank staff to provide information on the unit. ...
NFA CEO Daniel Roth to retire; Board begins search for successor
May 24th, 2016
NFA announced today that President and CEO Daniel Roth has announced his plan to retire in the coming year. NFA’s Board of Directors has authorized the formation of a committee to conduct a search for his successor. The search ...
MAS directs Swiss Bank “BSI Bank” to shut down in Singapore
May 24th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to withdraw its status as a merchant bank in Singapore for serious breaches of anti-money laundering requirements, poor management ...
FXPRIMUS Launches New Company Strategy at iFX International Expo 2016
May 23rd, 2016
FXPRIMUS The Safest Place To Trade has issued a statement regarding the company’s new strategic direction, ahead of the opening of iFX International Expo, 2016. The iFX International Expo – the largest B2B expo in the forex industry – ...
Precise Biometrics signs license agreement with Oberthur Technologies for secure fingerprint recognition in eSE
May 18th, 2016
Precise Biometrics, the leader in fingerprint software, has entered an agreement with Oberthur Technologies (OT), a leading global provider of embedded security software, products, services and solutions, for licensing of Precise BioMatch™ Embedded. The integration of Precise Biometrics’ leading ...
Asian Stocks Slide Resumes as Dollar Strengthens; Oil Above $48
May 18th, 2016
Japan stocks, yen fluctuate after GDP growth beats estimates Dollar gauge rises to quarter’s high on rate-hike speculation Asian stocks fell for the first time in three days and the dollar strengthened against all of its major peers on ...