Search Results for: ATM
CySec informs CIFs regarding Capital adequacy requirements
October 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) regarding Capital adequacy requirements – Change in the treatment of the Investors Compensation Fund Contribution. According to the Circular, CySec informs CIFs for the ...
Fifa faces legal challenge ahead Qatar 2022 World Cup
October 10th, 2016
Fifa is facing legal action in the Swiss courts over its alleged complicity in the mistreatment of migrant workers in Qatar ahead of the 2022 World Cup, the Guardian can reveal. Since Fifa voted in December 2010 to hold the ...
EY reports record global revenues in 2016
October 7th, 2016
EY records sixth consecutive year of record growth Solid growth across all businesses and geographical areas, including developed and emerging markets Large scale transformations and capital transactions fuel growth in Advisory and Transactions businesses Significant investment in digital transformation, ...
Apple Japan unit ordered to pay $118 million tax for underreporting income
September 16th, 2016
An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported Friday. The unit has since paid the amount, the reports said. The ...
KPMG, EY, PwC, Deloitte, Accenture’s new weapons: toys, tech and Play-Doh
September 15th, 2016
Think of it as the consultant’s version of an arms race – but played out with fancy gadgets. KPMG’s new Innovation Lab, located at the accounting and advisory firm’s Barangaroo digs in Sydney, is designed to unsettle clients so ...
Westpac refunds $9.2 million to thousands customers
September 13th, 2016
Westpac Banking Corporation (Westpac) has refunded approximately $9.2 million to 161,414 customers after it failed to waive fees on Westpac and St. George branded savings and transaction accounts over six years. For customers aged under 21 years, Westpac previously ...
Authorities pledge support, to issue rules for fintech
August 31st, 2016
Financial regulators are readying rules that will target financial technology businesses without limiting their room for growth as President Joko “Jokowi” Widodo pledges support for the infant industry. “I urge all parties to participate in fintech, IT and financial ...
Cashpoint merger faces in-depth investigation
August 23rd, 2016
Diebold and Wincor face an in-depth merger investigation by the CMA unless the companies offer undertakings to address competition concerns. Diebold, Incorporated (Diebold) and Wincor Nixdorf AG (Wincor) both supply ATMs (cashpoints) to banks and independent ATM deployers. The ...
Sweden heads to cashless society
August 18th, 2016
Sweden is becoming a cashless society due to high consumer awareness of e-payments and card usage levels, a new report reveals. Swedish consumers use cards with a frequency of 134.3 transactions per card per year – higher than the ...
Bitcoin Exchange Counter Launched in Russia
August 18th, 2016
Russia recently took a far more liberal approach towards Bitcoin than expected. Last week, the Russian government decided not to introduce criminal liability towards mining and usage of the digital currency. Following the government’s move, the cryptocurrency community in ...
