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Paysafe Group Plc: Proposed move to Main Market

November 25th, 2015 (0)
Further to previous announcements, Paysafe Group Plc (LSE AIM: PAYS, the “Company”) confirms its intention to apply for admission to listing of its ordinary shares to the premium segment of the Official List of the UK Listing Authority (the ...

Apple Seeks to Launch Apple Pay in China by February

November 24th, 2015 (0)
Tech giant has paved way by striking deals with big four state-run banks, but regulatory hurdles may remain Apple Inc. seeks by early February to launch its new Apple Pay electronic-payment service in China—a vibrant but fiercely competitive market ...

The declining interest rate cap

November 17th, 2015 (0)
Believe it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part they just assume that an interest rate is the cost of money, the price of ...

Well of History: A brief history of the means of payment

November 11th, 2015 (0)
How to buy, sell and pay your debts? Almost as old as humanity itself, the means of payment has seen an acceleration in its history with the development of computers and new information technologies. An evolution that BNP Paribas has ...

JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever

November 11th, 2015 (0)
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...

Major Global Banks announced their results for 3Q 2015

November 4th, 2015 (0)
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...

Visa Inc. to Acquire Visa Europe

November 2nd, 2015 (0)
Further to the released published today: Visa To Keep UK Presence After BoE Steps In, the company has just announced a definitive agreement for Visa Inc. to acquire Visa Europe. Strategic Acquisition to Create One Global Company That Further Extends Visa’s ...

Fiat money quantity update

October 30th, 2015 (0)
After a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system’s reserves and other banking-related liabilities on the ...

Swatch presented pay-by-wrist watch

October 15th, 2015 (0)
Swatch has joined forces with China UnionPay and Bank of Communications to introduce contactless payment “by-the-wrist” to China SWATCH BELLAMY: THE NEW PAY-BY-THE-WRIST SWATCH WATCH Pioneering Swiss watchmaker Swatch presented SWATCH BELLAMY, the new “pay-by-the-wrist” watch, at the landmark ...

BofA Profit Rebounds to $4.51 Billion as Revenue Beats Estimates

October 14th, 2015 (0)
Revenue declines 2.4 percent while expenses fall 31 percent Bond-trading revenue slides 11 percent, equities up 12 percent Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and loan growth ...
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