Search Results for: VAT
Visa joins firms betting on technology behind Bitcoin
August 13th, 2015
Move comes at a time when banks around the world are looking at ways to use the technology to make transactions more efficient and secure Visa Inc. will soon have a team of engineers at its Bengaluru office to ...
FIS to Acquire SunGard, Deepens Enterprise Banking and Capital Markets Solutions
August 13th, 2015
Key facts The combined company will have over $9.2 billion in annual revenues. Upon closing, FIS will be uniquely positioned to offer a broad range of enterprise banking and capital markets solutions to empower financial institutions and businesses worldwide. ...
The Aftermath of LIBOR and Penny-Shaving Attacks
August 12th, 2015
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as a ringleader of the scandal. Darrell Duffie and Jeremy C. ...
Bitcoin and Credit Cards Can Co-Exist, CardLinx CEO Says
August 12th, 2015
While last week’s Keynote 2015 conference saw the introduction of new voices to the conversation surrounding bitcoin and blockchain technology, none may have been heard louder and with more skepticism than CardLinx CEO Silvio Tavares. Tavares used his forum at the ...
Ready for Google’s Alphabet?
August 12th, 2015
In a move that shook the tech world, Google announced Monday that it will undergo restructuring so that it becomes a subsidiary of a new parent company called Alphabet, Inc. Co-founders Larry Page and Sergey Brin will be head of Alphabet, while ...
Investors Welcome Newly Released World Bank Green Bond Impact Report
August 12th, 2015
STORY HIGHLIGHTS The first World Bank (IBRD) Green Bond Impact Report provides an overview of the environmental and social impacts expected from eligible projects that help World Bank client countries adapt to and mitigate the effects of climate change. ...
SEC Charges 32 Defendants in Scheme to Trade on Hacked News Releases
August 12th, 2015
Hackers, Traders Allegedly Reaped More Than $100 Million of Illegal Profits The Securities and Exchange Commission today announced fraud charges against 32 defendants for taking part in a scheme to profit from stolen nonpublic information about corporate earnings announcements. ...
Credit Suisse, Barclays in Talks to Settle ‘Dark Pool’ Allegations
August 12th, 2015
U.S. regulators could levy large fines over alleged wrongdoings Credit Suisse Group AG and Barclays PLC, two of the biggest operators of “dark pools,” have entered settlement negotiations with the New York attorney general and the Securities and Exchange Commission over allegations of ...
Markit launches centralised FX trade confirmation service
August 10th, 2015
Citi and J.P. Morgan first to confirm FX options trades Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service. The service matches FX option trade terms to ...
Dentons, NextLaw Labs and IBM Cloud fuel legal tech startups
August 10th, 2015
Dentons, the global law firm, today announced that NextLaw Labs, its collaborative innovation platform, has joined with IBM to create a technology platform program using IBM Cloud to enable startups to create and deploy legal applications more quickly. NextLaw Labs ...
