Search Results for: Germany
SIA completes acquisition of Unicredit emoney activities in three European countries
December 28th, 2016
Friday 23rd December 2016 saw the completion of the acquisition by SIA of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals and 12,000 ATM terminals in Italy, Germany and Austria from ...
European online alternative lending market volumes grew 23% between 2015 and 3Q 2016
December 27th, 2016
TWINO, Europe’s fastest growing peer-to-peer (P2P) lending platform, and KPMG today announce the publication of ‘Alternative lending market trends in Continental Europe in 2016’ – a major piece of research on the state of the alternative finance market across ...
Just how rich Donald Trump is and what is his wealth based on?
December 22nd, 2016
Just how rich is the man, and what is his wealth based on? Donald Trump has bragged about his money, but he hasn’t disclosed many details. This much (or little) is known … So, how rich is he? Those ...
Nokia has sued Apple in Europe and the US for infringing on its technology patents
December 22nd, 2016
Nokia announced today it has sued Apple for violating 32 technology patents. The Finland-based technology company filed lawsuits against the iPhone maker in courts in Dusseldorf, Mannheim and Munich, Germany and the US District Court for the Eastern District ...
BNP Paribas completes its first real-time Blockchain payments
December 21st, 2016
BNP Paribas today announced it has processed several live payments for two of its longstanding corporate clients, Amcor, global leader in packaging solutions and Panini Group, international leader in collectables and trading cards. This news follows the announcement in September ...
Washington proposes $7bn fine on Credit Suisse in mortgage claims
December 21st, 2016
The US Department of Justice (DOJ) has asked Credit Suisse to pay a $5 billion-$7 billion penalty over its sale of toxic mortgage securities in the wake of the 2008 financial crisis, Reuters reported. The Swiss bank has reportedly ...
Facebook Faces EU Scrutiny Over WhatsApp Purchase
December 21st, 2016
The European Union on Tuesday accused Facebook Inc. of giving “incorrect or misleading information” to investigators who were probing its purchase of chat app WhatsApp in 2014, a surprise charge that exposes the company to a hefty fine. The ...
Trader and a trading company ordered to pay $2.5 Million Penalty
December 21st, 2016
Federal Court Orders Chicago Trader Igor B. Oystacher and 3Red Trading LLC to Pay $2.5 Million Penalty for Spoofing and Employment of a Manipulative and Deceptive Device, while Trading Futures Contracts on Multiple Futures Exchanges The Court’s Order Finds ...
Trump, Russia and China
December 19th, 2016
Even before he takes office, President-elect Trump is turning the world upside down. It has become clear his attitude towards Russia and China is very different from that of his predecessors. Amazingly, he is already wresting power from the ...
Spains first Fintech incubator and accelerator wants to attract international companies
December 19th, 2016
Spains first Fintech incubator and accelerator wants to attract talents and start-ups from Europe and Latin America. The program includes a 16 weeks incubation in Spain and continues to use a collaborative approachas it does not require any stake ...