Search Results for: financial institutions
Rabobank and Signicat launch Digital Identity Service Provider (DISP)
May 12th, 2017
Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. This joint Digital Identity Service Provider (DISP) offers a range of online login, identity, signature and archiving ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Airwallex payments settlement provider raised $13 million in a funding round
May 2nd, 2017
Airwallex raises US$13m Series A investment from Tencent, Sequoia Capital China and Mastercard Airwallex has raised US$13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments ...
The Housing Bubble Is Back
April 27th, 2017
Last week I ran into a friend whom I’d been worrying about. He’s a real estate appraiser and his work had been drying up as interest rates rose and homeowners stopped refinancing their mortgages. But now he’s back to ...
Organisation to set up a common accounting framework for monetary gold
April 21st, 2017
The World Gold Council is now seeking views on the draft guidance provided herein with respect to a recommended practice in accounting for gold. The views of monetary authorities, as well as those of international accounting standards boards, advisory ...
The decline and fall of the EU
April 11th, 2017
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an ...
IC3 blockchain group adds Fidelity as member
April 10th, 2017
Fidelity Investments Inc, an online trading brokerage of choice that offers IRAs, retirement planning, mutual funds and ETFs, has joined the Initiative for CryptoCurrencies & Contracts (IC3), which is a group of academic institutions working on to develop blockchain ...
Bank of Russia revoked the banking licence from a credit institution
April 6th, 2017
By its Order No. OD-872, dated 5 April 2017, the Bank of Russia revoked the banking licence from the Kazan-based credit institution LIMITED LIABILITY COMPANY TATARSTAN AGRICULTURAL AND INDUSTRIAL BANK or LLC TATAGROPROMBANK (Registration No.728) from 5 April 2017. The decision was made following the complete loss of capital by LLC TATAGROPROMBANK, ...
The European households holding the most assets and liabilities
April 3rd, 2017
The European households holding the most assets and liabilities Household financial assets mainly comprise currency and deposits, equity and investment funds shares, and assets held with life insurance companies and pension funds. Household financial liabilities mainly comprise mortgages and ...
FSMA Belgium reports unauthorised Forex and Binary Options providers
March 24th, 2017
The Financial Services and Markets Authority (FSMA), a financial regulator of Belgium, has issued an announcement to warn investors and public against the activities of various providers of/intermediaries in binary options and Forex products, “recovery rooms” and “boiler rooms”, ...
