Search Results for: Ether
Credit Swiss is mired in an international tax evasion probe
April 3rd, 2017
Credit Swiss is mired in an international tax evasion probe into thousands of suspect bank accounts. A tip off to the Dutch police prompted raids in The Netherlands, Britain,Germany, France and Australia. The UK’s HM Revenue & Customs confirmed ...
Cryptocurrency exchange platform raised millions to grow its platform
March 31st, 2017
ShapeShift, a cryptocurrency exchange platform that converts between blockchain-based tokens, has raised $10.4 million in a series A round led by Earlybird Venture Capital, with participation from Lakestar, FundersClub, Blockchain Capital, Pantera Capital, and Access Venture Partners. Founded out ...
Abu Dhabi to launch FinTech Summit in October 2017
March 31st, 2017
Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, is pleased to partner with PwC to launch the inaugural FinTech Abu Dhabi Summit in October 2017. The FinTech Abu Dhabi Summit, to be organised alongside with ...
Citibank refunds $5 million in credit card international transaction fees
March 31st, 2017
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process ...
Spanish Banking Giant BBVA Now a Member of Hyperledger Blockchain Project & Linux Foundation
March 30th, 2017
Spanish multinational banking group BBVA becomes the latest financial institution to join the Hyperledger Project, a cross-industry blockchain collaborative with open-source principles led by the Linux Foundation. Announced by the banking giant this week, BBVA also notably becomes a ...
What’s next for Europe and Natural Gas
March 30th, 2017
In recent years we have seen countless proposals for projects to deliver natural gas to Europe and ease the European Union’s dependence on Russian gas. Attempts to diversify the EU’s energy supplies have produced various plans for pipelines. But amid ...
Europe’s top court will begin a landmark case today
March 30th, 2017
Europe’s top court will begin a landmark case today (30 March) that could determine whether luxury goods companies can stop retailers from selling their products via marketplaces such as Amazon or eBay. Owners of luxury brands have been fighting ...
Qatar sees Brexit as an opportunity
March 30th, 2017
Qatar sees Britain’s exit from the EU as an opportunity to boost supplies of liquefied natural gas (LNG) to the world’s fifth-largest economy and is open to investing in British energy assets, Qatar’s energy minister said. The Gulf state ...
Singapore and Malaysian Law Firms launch Fintech practice
March 30th, 2017
The surge of financial technology into the mainstream in both Singapore and across the border in Malaysia has encouraged two prominent regional law firms to establish dedicated fintech practices. Allen & Gledhill and Rahmat Lim & Partners have jointly ...
Oil edges up on Libya disruptions, but bloated U.S. market still weighs
March 30th, 2017
Oil prices edged up on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were ...
