Search Results for: Credit card
Company and individuals to pay over $11.6 million for Forex Fraud Scheme
January 10th, 2017
Federal Court Orders Defendants EJS Capital Management, LLC, Alex Vladimir Ekdeshman, and Edward J. Servider to Pay $11.6 Million in Sanctions for Forex Fraud Scheme Relief Defendants Alisa Ekdeshman, Executive Services of Florida, LLC, Executive Management of Montana, Inc., ...
South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017
December 27th, 2016
South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to ...
Bitcoin best performer of 2016, outlook bullish for next year
December 27th, 2016
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 Bitcoin has emerged as the most remunerative asset in 2016. Analysts are bullish on the asset class which has surpassed almost all others. Even gold, which was ...
Android Pay vs Apple Pay: who’s winning the mobile payment battle?
December 22nd, 2016
Apple and Google have been competing in just about every field of technology for some time now – from maps to music – and mobile payments is no exception. Here we’re going to take a close look at how ...
CFTC Orders Goldman Sachs to Pay $120 Million Penalty for Attempted Manipulation
December 22nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against The Goldman Sachs Group, Inc., and Goldman, Sachs & Co. (collectively, Goldman or the Bank). The Order finds that, beginning in January 2007 ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
ASIC releases world-first licensing exemption for fintech businesses
December 16th, 2016
ASIC has today released class waivers to allow eligible financial technology (fintech) businesses to test certain specified services without holding an Australian financial services or credit licence. ASIC Commissioner John Price said, ‘ASIC’s ‘fintech licensing exemption’ is unique. No ...
Merrill Lynch to its brokers: make at least two client referrals to avoid a cut in pay
December 8th, 2016
Merrill Lynch will require its brokers to make at least two client referrals to other parts of parent Bank of America Corp. next year to avoid a cut in pay, a move that comes as Wall Street brokerages try ...
Alibaba Financial Affiliate Seals Bank Deals for Alipay Expansion in Europe
December 7th, 2016
Alibaba Group Holding Ltd.’s financial affiliate said it would collaborate with three banks and a payments company in Europe as the Chinese company seeks to expand its presence there. Ant Financial Services Group, which operates the Alipay online-payments platform, ...
BNP Paribas backs the growth of the PayCar FinTech
November 30th, 2016
Several of the Bank’s businesses are participating in the startup’s first funding round, for a total stake of €1.3 million The BNP Paribas Group, via its French Retail Banking; BNP Paribas Cardif and BNP Paribas Personal Finance businesses, is participating in the ...
