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Property versus shares: which is the better investment?

September 19th, 2016 (0)
When it comes to building wealth for the future, which asset class is safer and more sustainable? Will shares or property better help you reach your investment goals? Investing in property A lot of investors prefer property as it is ...

New fees of the Moscow Exchange Derivatives Market

September 13th, 2016 (0)
At its meeting on 9 September, the Supervisory Board adopted new tariffs for the Moscow Exchange Derivatives Market on the back of a new billing concept. The tariffs were agreed with the MOEX Derivatives Market Committee in August. The ...

Westpac refunds $20 million in credit card foreign transaction fees

September 8th, 2016 (0)
Westpac Banking Corporation (Westpac) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following a customer complaint, Westpac notified ASIC that customers may have been ...

The Central Bank of Russia revocated the licence of a Bank

August 22nd, 2016 (0)
The Bank of Russia has issued an announcement to inform that it has revoked the banking license of a credit institution and for the appointment of provisional administration. According the announcement, by its Order No. OD-2718, dated 22 August 2016, the ...

ECommPay begins processing payments for Wargaming

August 18th, 2016 (0)
In August 2016, payment service provider ECommPay began processing transactions on behalf of Wargaming.net, one of the market leaders in the sphere of online gaming. The strategic partnership promises Wargaming customers an assortment of enhanced capabilities and additional services. ...

Paysafe published Unaudited Interim Results for the 6 months ended 30 June 2016

August 12th, 2016 (0)
Paysafe Group plc, global provider of payment solutions, reports strong growth in the six months ended 30 June 2016. Reported H1 2016 revenue increased 118% to $487m (H1 2015: $223m); pro-forma constant currency revenue growth was 20%, up from ...

Jack Ma Is Opening His Wallet to Europe But Not to Europeans

August 8th, 2016 (0)
Payments powerhouse Alipay ramps up search for retail partners Targets Chinese tourists, expats; no offer for local consumers Jack Ma will set a bag aside for you at your favorite Paris store or hail you a ride in Rome ...

EU considers blacklisting NZ over tax laws

August 1st, 2016 (0)
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday ...

Central Bank of Russia decided to revoke the banking license of a credit institution

July 25th, 2016 (0)
The Central Bank of Russia has issuesd a press releases to inform regarding its decision to revoke the banking license of a Russian Bank. According to the press release, the decision is due to the non-compliance by the Moscow-based credit institution ...

The rising trend of cashless payments

July 21st, 2016 (0)
Contactless payments are rapidly gaining ground across the globe. Driven by customer convenience and efficiency, this innovative payment method has opened up new dimension for daily transactions undertaken by consumers. Mobile wallets, online payment providers, near field communication (NFC) ...
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