Search Results for: finance industry
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
Bitcoin to gain legal status in India, reports local media
April 21st, 2017
A televised news report from CNBC India on 20th April reveals that the Indian government is leaning toward granting legality to bitcoin and virtual currencies in the country amid regulations with taxes to be levied on adopters. Last week, ...
Accounting firms employ robots in their offices
April 20th, 2017
Robotic software sweeping large accounting firms and clients While it doesn’t shoot lasers or clean her Minneapolis office Roomba-style, her “bot” can do some of her digital data dirty work so she doesn’t have to. “I don’t want to ...
Is bitcoin here to stay? Why cryptocurrency isn’t just a fad
April 14th, 2017
Cryptocurrencies like bitcoin should no longer be considered a passing fad, according to Cambridge experts who have carried out the first in-depth study of the sector. The first global benchmarking study of cryptocurrency, encrypted digital currency used to make ...
Multinational financial services firm to join the IC3 initiative for CryptoCurrencies & Contracts
April 13th, 2017
Fidelity Labs, the R&D and Innovation unit of Fidelity Investments, is the first in the financial services industry to join faculty members at Cornell University, Cornell Tech, UC Berkeley, University of Illinois at Urbana–Champaign, and the Technion, along with ...
The US$200 million investment scam; hunt is on
April 13th, 2017
Investigators looking into a financial scam that took Dubai residents for tens of thousands of dollars have shifted their focus to recovering about US$200 million (Dh734.5m). The sum is believed to have been siphoned from a Dubai branch of ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
Latest Saudi Arabia Tax and VAT updates; No VAT and Tax to pay
April 10th, 2017
No income tax for Saudi citizens, says finance minister Kingdom will keep VAT at 5% until 2020, and impose 50% tax on soft drinks, 100% on tobacco products from Q2 Saudi Arabia has reiterated that citizens will not pay ...
Indonesia is betting on the great big fintech opportunity
April 10th, 2017
Indonesia regulator expects fintech firms to double to 250 by year-end Indonesia – the largest economy in the south east Asian region – is betting on the great big fintech opportunity riding on its demographics and unbanked population. Indonesia, which ...
Bitcoin, Blockchain Security In Focus At Malta Conference, Top Crypto Figures Attend
April 5th, 2017
Bitcoin and Blockchain are receiving a dedicated day at a week-long event highlighting the use of cryptography in finance and data security. The International Financial Cryptography Conference, which kicked off in Malta on Monday and runs until Friday, draws ...
