Search Results for: CIF
Visa released real-time payments platform in Europe
November 3rd, 2017
Visa has announced the European launch of Visa Direct – a real-time payments platform that allows companies to leverage Visa’s global reach and scale to transform domestic and cross-border payments for businesses and consumers. Visa is working with payment ...
Bank of England increased interest rate
November 3rd, 2017
The Bank of England has issued an announcement to inform public about its monetary policy decision to increase interest rate to 0.50%. According the announcement: The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% ...
What is an Initial Coin Offering (ICO)?
November 2nd, 2017
Initial coin offerings have come out of nowhere in 2017 to become the talk of Silicon Valley and Wall Street. Programmers have raised over $3.2 billion this year by selling their own virtual currencies to investors. That is 3,000 ...
Supervisory Authorities Warn: Be Cautious
November 2nd, 2017
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Belgium(Financial Services and Markets Authority – FSMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Jersey (Jersey Financial Services Commission), Hong Kong (Securities and Futures Commission – ...
Artificial intelligence mobile payments are coming sooner than you think
November 1st, 2017
Artificial Intelligence, or AI, is an umbrella term comprised of numerous computer systems which enable machines to think, learn, and react as a human would. These systems include, Machine Learning, such as Deep Learning and Predictive Analysis, Speech to ...
Wall Street’s three major indexes ticked up; Asian shares hit 10-year high
November 1st, 2017
Asian shares hit a 10-year high on Wednesday on the back of solid economic growth globally, while oil prices extended a bull run on hopes that major oil producers will maintain their output cuts. MSCI’s broadest index of Asia-Pacific ...
ACCA: Governments and Accountancy profession must work together
October 31st, 2017
A new report from ACCA (the Association of Chartered Certified Accountants) has called for governments, public sector entities and the accounting profession to work together to assist in the implementation of International Public Sector Accounting Standards (IPSAS) around the ...
There are now more than 120 hedge funds focused solely on bitcoin, digital currencies
October 31st, 2017
Data shared exclusively with CNBC from financial research firm Autonomous Next shows the number of funds investing in digital assets like bitcoin has grown rapidly to 124. Autonomous Next also estimates that the “crypto-funds” have about $2.3 billion in ...
Currency market overview: BoE and FED interest rate decisions ahead
October 31st, 2017
Plenty of factors could influence the AUD, GBP, EUR, USD, CAD and ZAR exchange rates this week, such as economic data and the Bank of England (BoE) and Federal Reserve interest rate decisions, say currency experts FC Exchange. GBP ...
CySec announced that a new firm authorised as Cyprus Investment Firm
October 27th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued today an announcement to inform that a new company has been approved by the Commission as a Cyprus Investment Firm (CIF). According the announcement, the ...
