Search Results for: Global Payments
Yahoo General Counsel resigns following investigations for cybersecurity failures
March 8th, 2017
A report prepared for the Securities and Exchange Commission identified $11 million worth of legal costs associated with a mass hack of Yahoo accounts that took place in 2014. Last week, Yahoo confirmed that general counsel and company secretary ...
Paysafe Group exceeds $1bn in revenue for the first time
March 7th, 2017
Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Group”), a leading global provider of payment solutions, announces its audited preliminary results for the year ended 31 December 2016. Financial highlights $m 2016 2015 Revenue 1,000.3 613.4 Year-on-year revenue growth ...
Sage announces agreement to acquire Fairsail
March 7th, 2017
The Sage Group plc (“Sage”) the UK’s largest tech company today announces an agreement to acquire Fairsail, the UK’s fastest growing tech scale-up and the global cloud HCM and people management system for mid-sized businesses. Currently a minority shareholder, ...
Asia Stocks Gain Amid Thin Volumes; Aussie Climbs: Markets Wrap
March 7th, 2017
Australian dollar holds advance as RBA leaves rates unchanged South Korea, Hong Kong-traded Chinese shares lead advance Asian stock markets were mostly higher in thin trading as investors assessed the prospects for further gains after a rally leading up ...
A beginner’s guide to Bitcoin; What it is, How it works, Where you can buy it?
March 6th, 2017
The Bitcoin is getting more and more publicity the last years as the controversial computer currency is used by many people and business in nowadays. As the bitcoin is getting “famous”, governments are increasingly looking about the its taxation ...
Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining
March 4th, 2017
Ethereum’s developers set course for mining-free model Blockchain seen as potential backbone for business, finance Marco Streng’s computer servers are what make Ethereum tick. Thousands strong, they whir day and night, solving the complex math riddles that are essential ...
Barclaycard to embed contactless payment in watches and jewellery
March 3rd, 2017
Barclaycard names new bPay partnerships to embed Contactless Payment in Watches and Jewellery Partnering DCK, with its range of ‘Tutch’ jewellery, and HK-based Tappy Technologies, a payment pioneer who embeds technology into traditional timepieces, instantly transforming them into wearable ...
IOSCO: Harmonisation of the Unique Transaction Identifier (UTI) to OTC derivatives transactions
February 28th, 2017
A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint ...
Key elements of the European Union budget for 2018
February 23rd, 2017
Introduction The Council considers that the budget for 2018 should provide adequate resources to continue supporting the traditional and evolving priorities within the Union, namely the recovery of the European economy, to address humanitarian and security challenges both within ...
NatWest Takes on with FinTech Firms by Launching Digital Lending Platform
February 20th, 2017
In a bid to respond to competition from FinTech firms U.K.-based NatWest Bank has announced that it is launching a digital lending platform that promises fast loan decisions to compete with services that peer-to-peer firms provide. In a report ...