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Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
The Dubai government has shut down a foreign exchange trading firm
July 25th, 2016
The Dubai government has shut down a foreign exchange trading firm in Dubai pending further investigations. Officials from the Department of Economic Development (DED) closed the offices of Exential Group in Dubai Media City last week and ordered it ...
What is going on with Yahoo effort to sell itself
July 21st, 2016
Yahoo making ‘great progress’ on sale. But to what end? The same day CEO Marissa Mayer announces unremarkable earnings, the next — and possibly final — round of bids reportedly comes in. That means the end of Yahoo, as ...
The Secret History of Pokémon GO: How was Pokémon GO created?
July 18th, 2016
Whether you love it or loathe it, you’ve got to admit that the Pokémon GO craze is more than a bit fascinating – and the secret history of how it was created may be the most interesting thing about ...
Digital currency Steem soars 1,000% in value in two weeks
July 13th, 2016
Currency behind social media website Steemit, in which users are rewarded or paid based number of ‘thumbs up’, has rocketed to more than $150m in value Steem, the digital currency behind the new social media website Steemit, soared more ...
PayPal to shut down Turkish ops after failed licence applications
June 1st, 2016
PayPal has announced that it will be shutting down its Turkish operations after failing to gain a new licence in the country. Effective 6 June it will be closing its doors in Turkey, and its customers and clients will no ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
Compliance professionals struggling with explosion of communications channels – Smarsh
May 20th, 2016
Smarsh, the leading provider of hosted archiving solutions for compliance and e-discovery, today released its sixth annual Electronic Communications Compliance Survey Report. The results of the survey of compliance professionals in the financial services industry highlight that supervision practices ...
Asia emerged as the next big opportunity in fintech
May 20th, 2016
Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted ...
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
