Search Results for: Global Payments
Xero to offer P2P invoice FX through hook up to Midpoint
July 6th, 2015
Midpoint Holdings Ltd. (“Midpoint”) (TSXV: MPT) (FSE:8MH), the world’s first authentic peer-to-peer (‘P2P’) international foreign currency and payments platform is partnering with accounting software firm Xero to provide its international payments platform to their customer base. Xero is a ...
Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology
July 3rd, 2015
Citigroup, the global advisor of multi-nationals and governments, has been using its scale and reach in some surprising ways, such as conducting transactions on mobiles without bank accounts in Kenya, and developing blockchains within the bank and test-coins to ...
Santander just launched a £20 million fintech fund to stop startups from eating it
July 3rd, 2015
Spanish banking giant Santander is teaming up with mobile payment company Monitise on a joint venture to invest in and build new fintech startups. Monitise, who announced the new company in a statement today, says the as-yet-unnamed joint venture will be “investing in, ...
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion
July 3rd, 2015
BP to Settle Federal, State and Local Deepwater Horizon Claims for up to $18.7 Billion With Payments to be Spread Over 18 Years The Disclosure and Transparency Rules (“DTR”) made by the Financial Conduct Authority govern amongst other matters ...
How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Computop and Bitnet Enable Merchants to Accept Bitcoin as Payment
July 1st, 2015
Computop, a leading payment service provider (PSP), and Bitnet, a bitcoin payments processor, today announced a strategic technology partnership. Through this partnership, global merchants will be able to accept bitcoin as a payment method on Computop Paygate. Bitcoin is ...
Greece defaults on IMF payment despite last-minute overtures to creditors
July 1st, 2015
Greece‘s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan with the International Monetary Fund. The IMF confirmed that Greece ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Does The IMF Actually Want To Cause A Greek Debt Default?
June 24th, 2015
When it comes to geopolitics, there are often wheels working within wheels that are working within wheels. Once in a while we get a peek behind the scenes, but for the most part the machinations of the global elite ...
Bitcoin Could Change The Derivatives Market, Says UBS Banker
June 22nd, 2015
Bitcoin could change derivatives, in particular settlement, trading and securities issuance according to some individuals, among whom are bankers and technologists. Alex Batlin, who has been a vocal supporter of banks adopting Bitcoin related technologies, told attendees of the ...
