Search Results for: World Bank
Digital banking transformation creating new systemic risks
May 22nd, 2018
Digital banking transformation programmes are creating a new wave of operational and systemic risks for which the industry is ill-prepared, warns UK Finance. Sustainable Financial Services in the Digital Age, a joint report from UK Finance and Parker Fitzgerald, ...
Will the world have a global cryptocurrency?
May 9th, 2018
Former Goldman Sachs President Gary Cohn said Tuesday he thinks the world will have a global cryptocurrency that is not bitcoin. “I’m not a big believer in bitcoin. I am a believer in blockchain technology,” Cohn told CNBC’s Bob ...
Here are some important events coming up this week affecting investors around the world
April 23rd, 2018
Asian stocks were mixed with investors continuing to assess the outlook for trade discussions and geopolitical tensions. The dollar held last week’s advance and the 10-year Treasury yield climbed above 2.97 percent. The MSCI Asia Pacific Index of stocks ...
The phenomenon of house prices around the world move in the same direction at the same time
April 16th, 2018
The International Monetary Fund has released a Report explaining the phenomenon that in recent decades, house prices around the world have shown a growing tendency to move in the same direction at the same time. If house prices are ...
Supervisory authorities around the world warn for unauthorised financial services firms
April 13th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Austria (Financial Market Authority – FMA), France (Autoritè des Marches Financiers ...
Financial supervisory authorities from around the world issued investor protection warnings
March 28th, 2018
The supervisory authorities of the Italy (CONSOB), United Kingdom (Financial Conduct Authority – FCA), France (Autoritè des Marchers Financiers – AMF), Ireland (Central Bank of Ireland), British Columbia (British Columbia Securities Commission – BCSC), Switzerland (Swiss Financial Market Supervisory ...
South Korea to ban cryptocurrency traders from using anonymous bank accounts; Bitcoin price extended loss
January 23rd, 2018
South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, regulators said on Tuesday in a widely telegraphed move designed to stop virtual coins from being used for money laundering and other crimes. ...
Worldline & iSignthis launch Paydentity Services across Europe
January 19th, 2018
iSignthis eMoney Ltd, a subsidiary of the leading RegTech payment and identity verification provider iSignthis Ltd, enters into an agreement with Worldline to provide eCommerce merchants them advanced capabilities of Paydentity™ with the acquiring1 experience and strength of Worldline ...
Bitcoin falls as one of the world’s biggest cryptocurrency markets readies a bill to ban trading
January 11th, 2018
South Korea’s justice minister said on Thursday that a bill is being prepared to ban all cryptocurrency trading in the country. That news is a major development for the cryptocurrency space, as South Korea is one of the biggest ...
Israel central bank is examining issuing digital currency for faster payments
December 27th, 2017
The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed ...
