Search Results for: Credit card
Goldman Sachs introduced an online platform offering unsecured personal loans to consumers
October 14th, 2016
Goldman Sachs launches new online personal loan platform; Marcus Goldman Sachs focuses on helping people manage credit card debt The Goldman Sachs Group, Inc. (NYSE: GS) today introduced Marcus by Goldman SachsTM, an online platform offering unsecured personal loans ...
ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD
October 13th, 2016
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...
Barclays Bank is the most complaint about firm according to FCA
October 11th, 2016
Financial services firms recorded a 2.6% reduction in new complaints between January and June 2016 compared to the previous six months, according to new complaints data published today by the Financial Conduct Authority. The total number of complaints was ...
World Gone Mad, Part 1: “Huge Demand” To Lend Italy Money For 50 Years
October 6th, 2016
You read that right. Not only is Italy selling 50-year bonds, but people are lining up buy them. Italy’s first 50-year bond sale had huge demand (Reuters) – Italy sold its first 50-year bond on Tuesday as ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
Cashless Society Gets Closer: Now You Can Make Payments Using Apple’s Messages
October 5th, 2016
Users of Apple’s iPhone can now send each other money, direct from the Message app, thanks to a service called Circle. Money can be sent in euros, dollars, pounds, or—of course—bitcoin, and comes straight from your bank account, without ...
Computop and PayU Partner to Deliver Payment Solutions for Emerging Global Markets
September 28th, 2016
Computop, a leading payment service provider (PSP), and PayU, a leading payment service provider in emerging markets, today announced a partnership that provides retailers with payment solutions for high growth markets around the world. 90 percent of the global ...
Digital payment firm has bought finance app maker in a $7.5 million deal
September 12th, 2016
Digital retail finance and payment industry player zipMoney has bought personal finance management app maker Pocketbook. The deal includes $6 million upfront and another $1.5 million, depending on a set of milestones. The acquisition strengthens zipMoney’s position in Australia’s ...
Wells Fargo Fined $185 Million on Phony Accounts, Fires 5,300 Staff
September 9th, 2016
California and federal regulators fined Wells Fargo a combined $185 million on Thursday, alleging the bank’s employees illegally opened millions of unauthorized accounts for their customers in order to meet aggressive sales goals. A staggering 5,300 employees at Wells ...
Inexperienced Chinese investors are getting stung by fintech scams
September 8th, 2016
China is witnessing a fintech boom. Companies providing electronic payments, cryptocurrency trading and other online financial services there are not only mushrooming, they are among the biggest and most highly rated in the world. The Fintech 100, a ranking ...
