Search Results for: Visa
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
July 21st, 2016
The yen weakened against its rival currencies, hitting its six-week low against the dollar, during Asian trade on Thurdsay, on mounting hopes for strong policy steps Tokyo will likely put together later this month. The U.S. dollar USDJPY, +0.22% higher at ¥106.94, ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
Polish online electronic payments firms Dotpay and eCard merge
July 19th, 2016
Dotpay and eCard, MCI.EuroVentures fund portfolio companies, fast growing agents specialising in online electronic payments, are to join forces. The company established as a result of their integration aims to become a leader of payment services in the e-commerce ...
MasterCard was ordered to pay Sainsbury $90.8 million in fee case
July 15th, 2016
MasterCard Inc. was ordered to pay U.K. supermarket chain J Sainsbury PLC 68.6 million pounds ($90.8 million) because fees it passed on to the grocer were too high, a London judge ruled. The lawsuit concerned interchange fees that are ...
Brexit: 7 key changes every Traveler must know
July 11th, 2016
A travel primer on what to expect following Britain’s vote to leave the EU. In a landmark decision, Britain has voted to withdraw from the European Union. While it’s unclear how the vote will affect the political climate and ...
CySec imposed an Administrative Fine of €138.000 on a Cyprus Investment Firm
July 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on June 06, 2016, the Commission decided to impose a total administrative fine of €138.000 to the CIF B.O. Tradefinancials ...
Barclaycard bPay turns watches contactless
July 7th, 2016
Barclaycard is expanding its bPay contactless payments range through the introduction of a small case that can be attached to watches and fitness bands. The bPay Loop is a silicon case containing an NFC chip that can be slid ...
Facebook users will be able to make payments through Messenger
July 4th, 2016
Facebook has started to test out a new feature that will allow users to make payments through Messenger. The company has been planning for some time to launch a payment service through the Messenger app, marketexclusive.com reports. The feature named Send or ...
CySec published Consultation Paper regarding the obligations of CIFs when providing information to clients and invites comments and suggestions submission
June 29th, 2016
The Cyprus Securities and Exchange Commission has published a Consultation Paper of the Cyprus Securities and Exchange Commission regarding a proposed circular on the obligations of CIFs (Cyprus Investment Firms) when providing information to clients in relation to services and instruments ...
What does Brexit mean for EU citizens in Britain – and Brits in Europe?
June 27th, 2016
The 3m non-British UK residents and 1.3m Britons living in the EU need to know what the result means in practice Europeans living in Britain For many of the estimated 3 million non-British EU citizens living in the UK, ...