Search Results for: CIF
Online lender secures record-breaking $52.5 million FinTech funding
August 11th, 2016
Finova Financial’s industry-first, cloud and mobile-based consumer auto title lending platform has raised $52.5 million in a combination of equity and a credit facility, one of the largest initial rounds in FinTech industry history, Finova announced today. The funding round ...
CySec imposed administrative fine on a Cyprus Investment Firm
August 10th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at the meeting held on 25 July 2016, it decided to impose a total administrative fine of €2.000 to the Cyprus Investment ...
iSignthis to offer advanced card services
August 10th, 2016
Highlights: iSignthis executes an agreement to provide full card acquiring and settlement services to Merchant customers, in Australia and New Zealand The agreement creates a stronger relationship with our customers and additional revenue streams for iSignthis iSignthis Ltd (ASX ...
Tel Aviv Stock Exchange will soon launch US Dollar weekly derivatives
August 10th, 2016
The board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE in 2013 and their trading ...
The license of a Cyprus Investment Firm will continue to be suspended
August 10th, 2016
The Cyprus Securities and Exchange Commission has issued an announcement to inform that following previous announcements dated 27 May 2016 and 28 June 2016, the Cyprus Securities and Exchange Commission, following a decision at the meeting dated 1st August 2016, announces ...
China proposes global tax system at G20
August 10th, 2016
China’s Finance Minister Lou Jiwei proposed development of a new international taxation system at a G20 meeting in Chengdu over the weekend, joining a global movement aimed at stopping companies and individuals from exploiting discrepancies in different countries’ laws ...
CySec decided to suspend the authorisation of a Cyprus Investment Firm
August 10th, 2016
The Cyprus Securities and Exchange Commission (CySec), has announced that following a decision at the meeting dated 25 July 2016, the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd, with number 234/14, is suspended, pursuant to section 26(2) ...
Dollar Weakens as Muted Prospects for Fed Rate Hike Boost Gold
August 10th, 2016
Bonds gain as odds of a 2016 U.S. rate increase stay below 50% Asian stocks near one-year high as Hang Seng Index climbs The dollar weakened on speculation the Federal Reserve will be slow to raise interest rates amid ...
Asia shares up as yield hunt drives record flows, pound slips
August 9th, 2016
Asian shares stood atop one-year peaks on Tuesday as investors’ desperate search for yield drove a record inflow into emerging market funds, while the pound slipped to one-month lows on speculation of further policy easing in the UK. Analysts ...
The Rich Get Richer as Billionaires Increase in Number
August 8th, 2016
Whatever the world’s economic and market turbulence last year, one group has held up well: billionaires. The combined wealth of the world’s billionaires, defined as individuals with a net worth of $1 billion or above, increased by 5.4% to ...
