‘Fintech 100’ – Announcing the world’s leading fintech innovators for 2015
December 15th, 2015
China fintech on the rise as ZhongAn tops listtop fintech companies closes 31 October; Overall fintech investment expected to jump 66% to over US$20bn in 2015. Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, today ...
Irish regulator nixes Teddy Sagi’s AvaTrade acquisition
December 14th, 2015
Playtech’s dream of becoming a major player in the online foreign exchange trading market has been left in ruins. Online gambling software provider Playtech Cyprus Ltd. (LSE:PTEC), controlled by Israeli billionaire Teddy Sagi, has dropped its bid to buy Israeli ...
JPMorgan’s 2014 Hack Tied to Largest Cyber Breach Ever
November 11th, 2015
Online gambling, bitcoin scam, money laundering among charges Hackers took data on 100 million customers, U.S. alleges The U.S. described a vast, multi-year criminal enterprise centering on hacks of at least nine big financial and publishing firms and the ...
KPMG Forms Exclusive Alliance with Fintech Platform Matchi
August 31st, 2015
KPMG has issued a press release to inform that it has become the exclusive advisory alliance partner with Matchi.biz, the innovative fintech matchmaking platform that connects banks and insurance companies with financial services technology start-ups and innovations sourced from ...
Middle Eastern Stocks Rally Led by Oman After Oil-Price Rebound
August 31st, 2015
Muscat’s MSM30 Index advanced the most since January Brent crude capped the best week since 2009 on Friday Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in ...
Plus500 informs on its acquisition by Playtech, Withholding Tax and Settlement Update
August 20th, 2015
Following the latest announcement by Playtech to inform regarding the Resolution to approve the acquisition of Plus500 Ltd issued on 19th August 2015, Plus500 has issued a press release to inform that is pleased that the Merger has now received ...
Two arrested in illegal bitcoin scheme
July 23rd, 2015
A West Palm Beach man is one of two individuals arrested by federal authorities Tuesday for operating an unlicensed money-transfer business that allegedly used bitcoins to launder cash for on-line criminals. Authorities arrested Anthony R. Murgio, 31, of West ...
IRS Probes Singapore Asset Manager for accepting transfers from undeclared Swiss accounts
July 20th, 2015
First came Switzerland. Now the Internal Revenue Service has a new target: Singapore Criminal investigators at the IRS are probing whether a Singapore asset-management firm accepted transfers from undeclared Swiss accounts closed by U.S. taxpayers, according to lawyers familiar ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC pays out £28m over money-laundering claims
June 5th, 2015
Geneva prosecutor agrees to close investigation into HSBC in return for the financial settlement HSBC has been ordered to pay a record 40m Swiss francs (£28m) and been given a final warning by the Geneva authorities for “organisational deficiencies” which ...
