Greece Given Until Sunday to Settle Debt Crisis or Face Disaster
July 8th, 2015
Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt ...
Fighting money laundering in the back office
July 7th, 2015
Back Office Workforce Optimisation solutions are key to solving regulatory issues within the financial services sector Organisations are on high alert for signs of money laundering. Alerts raised in the field or by detection systems need to be investigated ...
Too Many Lawyers. Here’s One Solution
July 7th, 2015
A large part of the law business is in crisis. Lawyers and judges bemoan a “justice gap”: millions of Americans who need legal services but can’t afford them. At the same time, many law school graduates can’t find legal ...
UBS signs whistleblower deal with Brazil to avoid punishments in Forex rigging case
July 7th, 2015
Swiss bank UBS has signed a leniency agreement with Brazilian authorities to avoid punishment in the alleged rigging of the country’s currency market. Local newspaper Valor Econômico reported that UBS signed an agreement with Brazil’s antitrust watchdog, the Council ...
Citigroup, HSBC Among Banks Named in Brazil Currency Probe
July 3rd, 2015
Citigroup Inc., Morgan Stanley, HSBC Holdings Plc and 12 other banks are being investigated for currency manipulation by Brazil’s antitrust agency after similar probes in the U.S. and Europe led to penalties of more than $10 billion. Cade, as ...
IMF warns of huge financial hole as Greek vote looms
July 3rd, 2015
The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe. Days after Greece defaulted on ...
PayPal to Acquire Xoom
July 2nd, 2015
Entry into $600 Billion International Money Transfer Market with Leading Technology Solution Expands Services for PayPal’s Customers and Accelerates Time-to-Market in Key International Markets PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, today announced a definitive ...
Facebook Messenger Rolls Out Payment Service Across The U.S.
July 1st, 2015
Today Facebook announced that a new payment feature is now available for Facebook Messenger users in the U.S. Now you can make person-to-person payments by adding your debit card through Facebook Messenger in just a few taps. The money ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Silo But Deadly: Fonetic Unveils Unified Front, Middle and Back Office Information Management Solution for Trading Operations
June 25th, 2015
Automatic Trade Reconstruction (ATR™) fuses together trade & communications data for optimised trading processes Fonetic today unveiled ATR™ integra, the first linguistics-based trade reconstruction solution to automatically collect, analyse and match all trade-related data to their corresponding voice and ...
