Banks

Soudi Arabia - Riyal

Saudi riyal falls in forwards mkt after U.S. Congress vote

29/09/2016(0)
The Saudi riyal fell moderately against the U.S. dollar in the forwards market on Thursday after the U.S. Congress voted to allow relatives of victims of the Sept. 11 ... Read More
bn-pz552_fxledg_m_20160926171236

Bitcoin-Inspired Technology Starts to Reshape Currency Markets

27/09/2016(0)
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling ... Read More
deutsche-bank

Deutsche Bank Shares Drop on Fears of Capital Raising

27/09/2016(0)
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from ... Read More
iran-central-bank

Iran to introduce credit cards for the first time

26/09/2016(0)
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued ... Read More
blockchain

IBM in blockchain project with China UnionPay

23/09/2016(0)
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers ... Read More
A guard walks in front of a Federal Reserve image before press conference in Washington

Fed expected to keep rates unchanged, may signal year-end hike

21/09/2016(0)
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a ... Read More
swift

SWIFT announces new security tool to strengthen customer fraud controls

20/09/2016(0)
Anti-fraud reports introduced under SWIFT’s Customer Security Programme Supports banks by helping detect unusual payment flows quickly and easily Improves possibility of cancelling fraudulent transfers SWIFT announces the introduction ... Read More
Bank of England

Bank of England to develop the next generation of Real-Time Gross Settlement (RTGS) for payments

19/09/2016(0)
The Bank of England is consulting on the next generation of its Real-Time Gross Settlement (RTGS) service. RTGS is not a household name. But it lies at the heart ... Read More
ripple

Fintech Firm Ripple raises $55 Million In funding

16/09/2016(0)
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers ... Read More
deutsche-bank

Deutsche Bank AG said it won’t pay the $14 billion sought by the U.S.

16/09/2016(0)
Negotiations are ‘just beginning,’ lender says in statement U.S. shares of biggest German bank tumble in extended trading Deutsche Bank AG said it won’t pay the $14 billion sought ... Read More
Broker Cyprus TopFX