Daily Archives: 25/10/2016
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
BDO Nomura launches online trading platform
October 25th, 2016
BDO Unibank, Inc. (BDO) and Nomura Holdings, Inc. (Nomura) announced that their joint venture, BDO Nomura Securities, Inc. (BDO Nomura), has officially commenced operations offering online trading services for stocks listed on the Philippine Stock Exchange (PSE). BDO Nomura ...
UK IPO market shrinks 42% post-Referendum
October 25th, 2016
A significant slowdown in the IPO market in the first half of the year has continued through the third quarter as the EU referendum takes its toll, according to Henderson Managed Investment Trusts. Just 32 companies listed on the ...
Mastercard and BMO make Fingerprint and ‘Selfie’ Payment Technology a Reality
October 25th, 2016
Mastercard today announced the North American rollout of Identity Check Mobile™, a new payment technology application that uses biometrics, including fingerprint and facial recognition, to verify a cardholder’s identity and simplify online shopping. BMO Financial Group (BMO) will be the first bank ...
CySec fined €225.000 a Cyprus Investment Firm
October 25th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on September 26, 2016, decided to impose a total administrative fine of €225.000 on the CIF XFR Financial Ltd ...
Elliott Wave Analysis On EURUSD And USDJPY
October 25th, 2016
Elliott Wave Analysis On EURUSD And USDJPY For now USD remains bullish against the EUR and JPY based on short-term swings that show incomplete impulsive patterns. On the EURUSD we see only small 3-legs up from the last 24 ...
Alpari and the Republic of Mauritius in cooperation talks
October 25th, 2016
Alpari has issued a press release to inform regarding a meeting recently took place in the Republic of Mauritius between government officials, the country’s financial institutions and Alpari higher management. The meeting was to discuss priority areas of cooperation. ...
Monte Paschi sees €4.8 billion loss in 2016; cuts thousands of jobs
October 25th, 2016
Italy’s third-largest bank, Monte dei Paschi di Siena, has resolved to write down bad loans, lay off a tenth of its staff and raise €5 billion. The planned overhaul could shape the fortunes of the country’s wider banking sector. ...
BitPay announced the first bitcoin wallet with Intel Technologies
October 25th, 2016
Leading bitcoin payments company BitPay today announced the first bitcoin wallet with Intel hardware security integration. This new solution will allow Copay users to rest assured that their data is better protected even if their application code or associated computer is compromised. The Intel® ...
Switzerland adopts strategic directions to boost its Financial sector
October 25th, 2016
During its meeting on 19 October 2016, the Federal Council adopted a report and laid the foundations for a future-oriented financial market policy. The focus is on five strategic directions that should enable the Swiss financial centre to boost ...
