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FINMA Switzerland warns for unauthorised firms

July 29th, 2015 (0)
FINMA, the Swiss Supervisory authority, has issued a warning to inform investors for companies suspected of conducting unauthorised activities in the financial market. FINMA added on July 29 the below companies in its Negative list: 1) UK Options Address: ...

Can Bitcoin Change Wi-Fi For the Better?

July 29th, 2015 (0)
It’s certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity ...

Huawei establishes an open platform ecosystem for finance industry with eleven world’s leading banking IT solution providers

July 27th, 2015 (0)
Huawei recently announced that it will partner with eleven of the world’s leading banking IT solution providers to establish an open platform ecosystem for the finance industry at Huawei’s Global Financial Services Industry (FSI) Summit 2015 in Beijing, China. ...

7 bitcoin-related court cases

July 24th, 2015 (0)
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...

Citibank to refund $700 million to credit card customers for unfair and deceptive practices

July 22nd, 2015 (0)
Citibank, N.A. and some of its subsidiaries is ordered to refund approximately $700 million to customers for unfair and deceptive credit card practices. This includes unfairly billing consumers for credit card add-on products, deceptively marketing those products, and deceptive collection ...

Gold tumbles to more than five-year low, China shares fall

July 20th, 2015 (0)
Gold tumbled to a more than five-year low Monday, and China shares drifted lower after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold GCQ5, -2.31% fell 2.3% from its opening price Monday ...

CentrumDirect set to launch online forex platform next week

July 17th, 2015 (0)
CentrumDirect, an arm of diversified Centrum Group, is set to launch next week an online forex platform Buyforex. in, which will allow users to see live quotes to buy and sell major currencies in various forms such as prepaid ...

Linx-Networks teams with VoxSmart to strengthen mobile call recording service

July 16th, 2015 (0)
Specialist City trading floor systems integrator, Linx-Networks, is to work with market-leading mobile call recording experts, VoxSmart, to provide trading hubs and solutions that meet the tough new European-wide trading regulations called MiFID II. The new regulations, which become ...

How Future Bitcoin Can Prevent a Future Greece

July 14th, 2015 (0)
The digital currency is at a turning point, evolving much more quickly than some observers realize Bitcoin, the volatile digital currency, cannot help the Greeks of today. But it could mean a great deal to those caught up in ...

China accuses brokers of manipulating share prices during stock market crisis

July 14th, 2015 (0)
Beijing has accused brokers of manipulating share prices during China’s recent stock market plunge and launched a crackdown against unlicensed companies that financed speculative trading. The police ministry said investigators had found “evidence to suspect that individual trading companies ...
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