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PayPal reports revenue increased 18% to $2.667 billion for Q3

October 24th, 2016 (0)
Revenue increased 18% to $2.667 billion, 21% FX-neutral revenue growth GAAP EPS increased 8% to $0.27 and non-GAAP EPS increased 14% to $0.35 Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) announced strong third quarter ...

Dollar Climbs as Asian Stocks Advance Amid Earnings; Oil Falls

October 24th, 2016 (0)
Speeches by Fed officials may affect outlook for U.S. rates Offshore yuan sinks toward all-time low after record outflows The dollar strengthened versus most of its major peers, buoyed by the prospect of U.S. interest rates being raised at ...

Seven worrying trends in the European refugee crisis

October 20th, 2016 (0)
As part of his final UN General Assembly, President Obama hosted a leaders’ summit on refugees. In his speech he termed the global refugee crisis one of ‘the most urgent tests of our time’. But the list of commitments coming ...

ICICI Bank executes India’s first banking transactions on blockchain in partnership with Emirates NBD

October 13th, 2016 (0)
Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD, a leading banking group in the Middle East. ...

Mobile Payments soar as Europe embraces new ways to pay

October 12th, 2016 (0)
The number of Europeans regularly using a mobile device for payments has tripled since 2015 (54% vs 18%) 74% of British consumers are ‘Mobile Payments users’ – people who manage their money or make payments using a mobile device ...

The Russian Central Bank revoked Banking licence of a commercial Bank

October 6th, 2016 (0)
By its Order No. OD-3414, dated 5 October 2016, the Bank of Russia revoked a banking licence of the Moscow-based credit institution Commercial Bank IMoneyBank, limited liability company, or LLC CB IMoneyBank (Registration No. 1975) from 5 October 2016. The Bank of Russia took such an extreme measure — revocation of the ...

The Cyprus Securities and Exchange Commission fined OptionRally for €138.000

October 3rd, 2016 (0)
The Board of the Cyprus Securities and Exchange Commission (CySec) wishes to inform investors that, at its meeting held on 5 September 2016, decided to impose a total administrative fine of €138.000 to the CIF OptionRally Financial Services Ltd (‘the ...

CySec fined Binary provider IQ Option for €180.000

October 3rd, 2016 (0)
The Board of the Cyprus Securities and Exchange Commission (CySec) wishes to inform investors that, at its meeting held on 5 September 2016, decided to impose a total administrative fine of €180.000 to the CIF IQ Option Europe Ltd (‘the Company’) ...

America is on a slippery slope

September 30th, 2016 (0)
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early September, the CIA security men ...

CFTC Orders Angus Partners LLC D/B/A Angus Energy to Pay a $250,000 Civil Penalty

September 30th, 2016 (0)
The U.S. Commodity Futures Trading Commission (CFTC) today announced that it entered an Order requiring Angus Partners LLC D/B/A Angus Energy (Angus), a Florida limited liability company with its principal place of business in Fort Lauderdale, Florida, to pay a $250,000 ...
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