Search Results for: Australia
Dollar gains as focus shifts to Fed, euro and sterling under pressure
December 14th, 2018
The dollar firmed against most major counterparts on Friday, as investor focus shifted to an expected U.S. interest rate hike next week, although gains are likely to be capped on greater uncertainty about next year’s policy outlook. The greenback ...
iSignthis announces first EU merchant live on unified neobanking & payments platform
December 13th, 2018
Highlights First Merchant now live and processed via ISXPay’s own Principal member Tier 1 connections Settlement of Merchant Funds to ISXPay issued IBAN based account Funds held with zero credit risk under EU’s “Eurosystem” Central Banking system First ASX ...
Dollar near 1-month high against its peers
December 12th, 2018
The dollar held near a one-month high against its peers on Wednesday, supported by a rebound in U.S. yields and weakness of the pound as its battering from uncertainty about Brexit continued. The greenback was lifted as long-term U.S. ...
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
Asian stocks slumped with U.S. futures; The Yen rose, the Euro was steady
December 6th, 2018
Asian stocks slumped with U.S. futures, the Treasury yield curve edged closer toward inversion and the yen climbed on Thursday as the investor aversion to risk that’s been prevalent for much of the quarter resumed. Losses deepened in afternoon ...
iSignthis announces first Bank to Bank transfers via BIC: ISEMCY22XXX
December 5th, 2018
Highlights IBAN based accounts now live, sending and receiving EUROS (€) across EEA/SEPA and Switzerland Client Funds deposited with zero credit risk under EU’s “Eurosystem” Central Banking system eMoney Account (EMA) facilities connected to ISXPay card processing capabilities. $4M ...
Cryptocurrencies are set to go mainstream in Malaysia
November 29th, 2018
Bank Negara Malaysia, the Central Bank of Malaysia, moves to regulate the world of digital monies in the country from next year onwards. The move is expected to instill some public confidence in the viability of these tokens, and ...
ISXPay EU/EEA ‘production live’ with own Visa & Mastercard Principal Licenses
November 27th, 2018
Highlights ISXPay Tier 1 ‘production live’ in the EU, via own Visa and Mastercard principal licenses $880m annualised GPTV volume to be incrementally ramped from January through March ‘19 New & existing merchants being onboarded to platform from December ...
German police raids the offices of multinational law firm
November 26th, 2018
For the second time in a year, prosecutors raided the Frankfurt offices of the prestigious law firm Freshfields Bruckhaus Deringer. The raid marked an extension of the investigation of Freshfields’ involvement in dividend stripping, Frankfurt state prosecutors confirmed to ...
The dollar held broad gains; Currency traders are looking to the upcoming G-20 meeting
November 26th, 2018
The dollar held broad gains on Monday as investors sought shelter in the world’s most liquid currency on fears of a slowdown in global economic growth and as U.S.-Sino trade tensions sapped risk appetite. The greenback, considered a safe ...
