Search Results for: SAFE
EU Court Says Data-Transfer Pact With U.S. Violates Privacy
October 7th, 2015
Decision will affect about 4,500 companies that move, store personal data The European Union’s highest court on Tuesday struck down a trans-Atlantic pact used by thousands of companies to transfer Europeans’ personal information to the U.S., throwing into jeopardy ...
Goldman, Morgan Stanley win back hedge fund trading business
October 7th, 2015
Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses. ...
US, states announce settlement with BP over gulf oil spill
October 6th, 2015
The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would ...
Europol: Bitcoin May Become Sole Currency for EU Cybercriminals
October 2nd, 2015
Europol has said in a new report that it believes bitcoin could become the go-to currency for digital criminals in the region. The European Union’s top law enforcement agency released its Internet Organised Crime Threat Assessment for 2015 on 30th September, ...
Banks Finalize $1.86 Billion Credit-Swaps Settlement
October 2nd, 2015
Suit claimed banks conspired to prevent competition Wall Street’s biggest banks have agreed to pay $1.86 billion to settle accusations that they conspired to prevent competition in the credit-derivatives markets, according to plaintiff lawyers in the private lawsuit. Twelve ...
Wargaming Selects Computop to Cut Costs and Increase Reliability of International Payment Processing
October 2nd, 2015
Computop, a top payment service provider (PSP), has been selected by leading free-to-play developer and publisher Wargaming to process payments within Europe, the Middle East and North Africa. Following a strategic review of its payments partners to streamline, reduce ...
UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds
September 30th, 2015
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with U.S. regulators regarding the sale of Puerto Rico bond funds ...
1Pay expands payment coverage through partnership with Fortumo
September 29th, 2015
The payment service provider 1Pay and the mobile payments company Fortumo are today announcing a partnership for direct carrier billing in South-East Asia. Merchants using 1Pay are now able to collect payments from their users in Thailand, Vietnam and Indonesia by charging payments ...
BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash
September 29th, 2015
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...
Asian markets fall as new fears raised over China’s economy
September 29th, 2015
Tokyo and Shanghai main indexes fall after sharp losses the day before on Wall Street Concern over the health of the Chinese economy has again struck Asian markets, with shares in the region plummeting to their lowest level for ...
