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Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Rabobank and Signicat launch Digital Identity Service Provider (DISP)
May 12th, 2017
Rabobank and Signicat are entering the Dutch identity market together by providing digital services to businesses, supporting them in servicing their clients. This joint Digital Identity Service Provider (DISP) offers a range of online login, identity, signature and archiving ...
Australia will recognize Bitcoin as money and protect Bitcoin businesses, No Taxes
May 12th, 2017
Bitcoin will be treated as money in Australia by July 1, 2017, and will be exempt from goods and services tax (GST). Bitcoin traders and investors will not be taxed for purchasing and selling Bitcoin through regulated exchanges and ...
Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion
May 11th, 2017
Elliott Wave Analysis: Sharp Decline On NZDJPY Suggest Final Wave Five To Be In Motion NZDJPY is turning down from 79.40 area where pair completed wave 4) corrective rally. Currently decline looks strong and is approaching the lower support ...
Uber is a transportation service and could need new licenses in Europe, top court advisor says
May 11th, 2017
Uber suffered a setback Thursday with an advisor to Europe’s top court stating that the ride-hailing app is providing transportation services, and not merely connecting drivers to passengers via technology which the U.S. firm which has previously argued. “The ...
Swedbank acquires PayEx
May 11th, 2017
Swedbank AB, a Nordic-Baltic banking group based in Stockholm, Sweden, has issued a press release to announce the acquisition of PayEx, a fullservice payment provider in the Nordic region. Through the acquisition Swedbank enters a new market and add ...
Forex firm shut down for fraud, CEO jailed, but now open again and seeks investments
May 11th, 2017
MMA Forex which duped hundreds out of millions of dirhams seeks investments all over again as CEO returns after more than 3 years in jail Nearly five years after it was shut down and its Pakistani CEO subsequently convicted ...
HKEX released Q1 Results
May 11th, 2017
The board of directors of Hong Kong Exchanges and Clearing Limited (HKEX ) has issued an announcement to publish the unaudited consolidated results of the Group for the three months ended 31 March 2017. Key messages Revenue and other income ...
INTL FCStone Inc. reports Fiscal 2017 Second Quarter Financial Results
May 11th, 2017
INTL FCStone Inc. (NASDAQ:INTL), a diversified global financial services organization providing execution, risk management and advisory services, market intelligence and clearing services across asset classes and markets around the world, announced its financial results for the fiscal year 2017 ...
DFSA host seminar on FinTech in the Middle East
May 10th, 2017
The Dubai Financial Services Authority (DFSA) hosted an outreach session on the opportunities financial technology (FinTech) presents in the Middle East. The seminar was held jointly with the FinTech Hive at DIFC, Hawkamah Institute for Corporate Governance and the ...
