Bitcoin plunges $200 after cyber attackers demand ransom using the digital currency
May 16th, 2017
Bitcoin fell from a record high after Friday’s WannaCry cyberattack. The digital currency hit an all-time high of $1,848.75 Thursday and on Monday traded near $1,676.42. Analysts also pointed to increased Chinese selling. Bitcoin plunged from a record high ...
Singapore FinTech Festival to return this year
May 16th, 2017
The Monetary Authority of Singapore (MAS) today announced the second edition of the Singapore FinTech Festival, to be held in Singapore from 13 to 17 November 2017. Organised in partnership with The Association of Banks in Singapore (ABS) and ...
Global Brokerage, Inc. announces First Quarter 2017 results
May 16th, 2017
First Quarter 2017 Highlights: U.S. GAAP net revenues from continuing operations of $45.9 million U.S. GAAP net loss attributable to Global Brokerage, Inc. from continuing operations of $24.5 million or $3.99 per diluted share. U.S. GAAP net loss from ...
How to protect yourself and your business from the massive ransomware attack
May 15th, 2017
An aggressive new strain of ransomware is shutting down Windows operating computers all over the world. Although the virus known as WannaCry has already infected over 75,000 PCs in 99 countries, it is actually not that hard to secure ...
NEX Group released Full-year results for the year ended 31 March 2017
May 15th, 2017
NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of the global markets, announces today its audited results for the year ended 31 March 2017. Continuing Year ended 31 March 2017 £m Year ended 31 March ...
Bulgarian Customer Support Officer
May 15th, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
UK foreign exchange provider to acquire international payments and FX services firm
May 15th, 2017
The Moneycorp Group has signed an agreement to acquire US-based corporate international payments business, Commonwealth Foreign Exchange, Inc. The acquisition, subject to regulatory licensing approvals, will allow moneycorp to extend the geographical reach of its payments platform, further supporting ...
Former director jailed in misappropriate investor funds case
May 15th, 2017
Mr Gavin Keith Hyland has been convicted in the Brisbane District Court on two counts of dishonestly using his position to misappropriate investor funds. In relation to the first count, Mr Hyland was sentenced to two years imprisonment and ...
The regulatory authorities of Hong Kong and UK sign Fintech cooperation agreement
May 15th, 2017
The Securities and Futures Commission (SFC) today entered into a cooperation agreement with the UK Financial Conduct Authority (FCA) to foster collaboration in support of financial technology (Fintech) innovation (Note 1). Under the agreement, the SFC and the FCA ...
