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Greek Banks Said to Face Recapitalization at Top of Range

September 24th, 2015 (0)
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks   Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...

Lloyds Banking Group launches Apple Pay to Lloyds Bank, Halifax and Bank of Scotland customers

September 14th, 2015 (0)
From today, 14th September 2015, Lloyds Banking Group will offer its Lloyds Bank, Halifax and Bank of Scotland customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay. As Britain’s ...

List of companies offering services, all operating unlawfully in Belgium

September 14th, 2015 (0)
The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various providers of/intermediaries in binary options and forex products, as well as against the activities of various so-called “boiler rooms”, all ...

UBS Unit to Pay More Than $2.9 Million to Investors in Puerto Rico

September 2nd, 2015 (0)
Bank’s wealth-management unit ordered to pay two investors for losses tied to island’s municipal bonds UBS AG’s wealth-management unit was ordered to pay more than $2.9 million to two investors in Puerto Rico for losses tied to funds holding ...

Four in ten say they won’t need cash in ten years time as contactless proves popular for many

August 31st, 2015 (0)
43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, ...

Bitcoin to Monetize Mobile Games Industry Soon?

August 17th, 2015 (0)
The mobile business is booming in recent years, and many companies are trying their hand at creating addictive mobile games. Developing such games takes time, money, and effort, leading to a few possible solutions to monetize these games. Most ...

Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore

August 13th, 2015 (0)
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...

Bnp Paribas: PAYING WITH A SELFIE

August 6th, 2015 (0)
MasterCard caused a stir a few weeks ago by announcing a September 2015 trial release of its new online payment method: the selfie. An initial group of 500 customers will test the system this autumn, in yet another show of creativity from the banking ...

FSMA Belgium published list of investement firms operating unlawfully in Belgium

July 20th, 2015 (0)
The Financial Services and Markets Authority (FSMA) has issues a press release to warn the public against the activities of various providers of/intermediaries in binary options and forex products, as well as against the activities of various so-called “boiler ...

Justice Department Announces Two Banks Reach Resolutions under Swiss Bank Program

July 10th, 2015 (0)
Banque Pasche SA Will Pay $7.229 Million Penalty and ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue to Cooperate With Department of Justice The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST ...
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