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PBOC cuts rates for standing lending facility
November 19th, 2015
China’s central bank on Thursday said it would cut interest rates for a monetary instrument called the Standing Lending Facility, or SLF, in an effort to guide market rates. In a brief statement on its Twitter-like Weibo account, it ...
mydesq selects Encap Security to boost productivity and engagement for wealth managers
November 12th, 2015
Encap Security, provider of uncompromising authentication for financial institutions, has today announced that mydesq, a high growth fintech firm, will integrate Encap’s Smarter Authentication platform into its next generation wealth management solution. mydesq provides wealth managers with a next ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
Global Stocks Fall Ahead of Fed Meeting
October 27th, 2015
Global stocks fell Tuesday as investors looked ahead to the conclusion of the Federal Reserve’s two-day policy meeting on Wednesday. The Stoxx Europe 600 was down 0.6% in early trade after U.S. stock markets mostly fell Monday on lower ...
Earnings season ramps up with Apple
October 27th, 2015
The second big week of third-quarter earnings season kicks into another gear Tuesday when Apple, the maker of the iPhone and the world’s most-valuable company, reports its latest quarterly results after the closing bell. Apple is one of 169 ...
UK tech retailers suffering from a series of DDOS attacks – DDOS attackers demanded bitcoin ransom
October 21st, 2015
Over the last 24 hours it would seem that several prominent UK tech retailers have been targeted by DDOS attacks, which may also turn out to be linked to a group demanding large Bitcoin ransoms. Affected sites include Overclockers ...
The 10 Richest Investors in the World
October 19th, 2015
We all know the world of financial investing can be extremely lucrative. Forbes’ 2015 annual World Billionaires List sheds light on some of the richest billionaire investors and how they amassed their enormous wealth. Below is a rundown of ...
The Numbers Say That A Major Global Recession Has Already Begun
October 14th, 2015
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP ...
New global retail study reveals consumer demand for new ways to pay
September 7th, 2015
MasterCard has issued a press release to report on its global retail study findings. The world’s first retail focussed social listening study by MasterCard, highlights consumers’ desire for retailers to adopt new payment technologies. Shoppers around the world are ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
