Search Results for: EC
Dutch online discount broker buys FinTech Firm in a €12.5 million deal
March 20th, 2017
BinckBank acquires FinTech firm Pritle BinckBank responds to increasing customer demand with robo-advisory acquisition,accelerating execution of growth strategy. With the acquisition of the business activities of Pritle, BinckBank expands its digital wealth management offering and provides an impulse toward ...
Multinational Bank forecast arabica coffee prices to rise
March 20th, 2017
Rabobank forecast rising arabica coffee prices, as Brazilian production falls 13% in the 2017-18 season. Following a Brazilian crop tour, Rabobank forecast the next Brazilian coffee crop at 49.2m bags, down from 54.0m bags in the 2016-17 year. Arabica ...
Accountants in small and midsize practices around the world face staffing and tech challenges
March 20th, 2017
Accountants working in small- and medium-sized practices (SMPs) around the world are facing heightened staffing challenges, according to the latest IFAC Global SMP Survey results. While attracting new clients, keeping up with new regulations/standards, and pressure to lower fees ...
Bank of England FinTech Accelerator launches new Community
March 20th, 2017
The Bank of England FinTech Accelator has issued a press release to inform in relation of the launch of a new Community and latest proofs of concept. Below is the press release as it was published: The Bank of ...
CySec suspends the license of a Cyprus Investment Firm
March 20th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the authorisation of the Cyprus Investment Firm Boursotrade Ltd (‘the Company’), number 235/14, is suspended, pursuant to section 26(2) of the Investment Services ...
Legal sector at tipping point as technology concerns take hold
March 17th, 2017
The global legal industry is at a tipping point as firms struggle to keep up with advancements in technology that continue to disrupt the market, according to a new report published today by accountancy and business advisory firm BDO ...
The FinTech in Mena region
March 17th, 2017
Fintech (financial technology) is gaining traction globally and has already arrived in the Middle East and North Africa (Mena). Financial technology describes tech-enabled products and services that improve traditional financial services. They are faster, cheaper, more convenient or more ...
China’s new bitcoin rules call for identity check
March 17th, 2017
China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent scrutiny by the central bank has already led exchanges to ...
CySec informs on offering bonuses to retail investors
March 16th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to provide additional guidance on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms (CIFs). This current Circular is following ...
Judge rejects PwC’s request For mistrial In MF Global case
March 16th, 2017
In an unsurprising move, the judge overseeing bankrupt commodities broker MF Global’s $3 billion suit against PwC rejected the accounting firm’s request for a mistrial, saying PwC’s lawyers can challenge MF Global’s arguments in court over the rest of ...
