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ICBPI partners Nets for Italian instant payments

June 7th, 2016 (0)
Istituto Centrale delle Banche Popolari Italiane (ICBPI) has enlisted Denmark’s Nets to help it build an instant payments platform for the Italian market. Based on the Nets RealTime 24/7 system in Denmark, the ICPBI platform will serve Italian payment ...

Spain is the first country in Europe to introduce Samsung Pay contactless payments

June 6th, 2016 (0)
Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe ...

Emerging-Market Stocks Post First Weekly Gain Since Early April

June 1st, 2016 (0)
Emerging-market equities rebounded last week, posting the first weekly gain since early April. The 2.8% total return for the Vanguard Emerging Market ETF (VWO) for the five trading days through May 27 also marked the strongest performance for the ...

Microsoft to trim smartphone business, plans to cut 1,850 jobs

May 25th, 2016 (0)
Microsoft said today it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950m from the operation. The US company entered the phone business in 2014 by buying Finnish firm ...

The Endgame

May 18th, 2016 (0)
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...

A beginner’s guide to bitcoin: What you need to know

May 12th, 2016 (0)
When Craig Wright claimed he invented bitcoin, it put the mysterious currency back in the spotlight. But while it’s generated a furore in the community of underground hackers and crypto-anarchists, most people are bemused by all the fuss. What is ...

Italy To Announce Tax Break For Investors In SMEs

May 11th, 2016 (0)
In a newspaper interview, Italy’s Minister of Finance and the Economy, Pier Carlo Padoan, has disclosed that the Government will shortly introduce a decree providing a tax break for investors in Italian small- and medium-sized enterprises (SMEs). An interview ...

Seamless granted authorization to issue electronic money in Europe

May 10th, 2016 (0)
Nasdaq Stockholm-listed Seamless (OMX: SEAM) has been granted authorization by Sweden’s financial supervisory authority, Finansinspektionen, to issue electronic money. This means that SEQR users can send and receive money, worldwide, in real time. Under the terms of the authorization, ...

FSMA added new companies on its list of unauthorised investment firms in Belgium

May 5th, 2016 (0)
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...

ICAP’s ISDX announced Board changes

April 25th, 2016 (0)
ICAP Securities & Derivatives Exchange (ISDX), a fully regulated UK based stock exchange owned by the ICAP Group, announced that it has appointed Tom Binks and Michael Berkeley to the ISDX Board. Tom Binks will assume the position of ...
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