financial services

UAE Currency

Gulf countries will return to economic growth

08/05/2017(0)
The International Monetary Fund (IMF) has forecast the return of GCC countries to faster economic growth starting next year, supported by a fundamentally strong financial services sector and improved ... Read More
ASIC_regulator

AAT affirms ASIC’s disqualification and banning of the former MD of Provident Capital Ltd

04/05/2017(0)
On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC’s decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from ... Read More
FIS-Global

FIS reports first quarter 2017 results

04/05/2017(0)
GAAP revenue increased 3.4 percent, and organic revenue increased 1.7 percent Diluted EPS from continuing operations was $0.41, and Adjusted EPS was $0.86 Net cash provided by operating activities ... Read More
DTCC

DTCC repo clearing services gain regulatory approval

03/05/2017(0)
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved ... Read More
ASIC_regulator

ASIC takes action against Courtenay House Capital Trading Group to protect investors

02/05/2017(2)
Following an application by ASIC, the Supreme Court of NSW has made interim orders by consent against Courtenay House Capital Trading Group Pty Ltd (Courtenay House Trading Group), Courtenay ... Read More
bigstock-Hacker-Typing-On-A-Laptop

Financial sector breaches skyrocket in 2016

29/04/2017(0)
More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM. The monetary gains associated ... Read More
Fintech

VC investments in financial services startup shifts in Europe

28/04/2017(0)
Venture capital investments in financial services startups are showing a geographical split, with funding for so-called “fintech” companies in the United States cooling but soaring in Europe, according to ... Read More
ransomware-feature

The financial services industry is in top of cybercrime attacks

27/04/2017(0)
Cyberespionage and ransomware attacks are on the increase warns the Verizon 2017 Data Breach Investigations Report Cyberespionage is now the most common type of attack seen in manufacturing, the ... Read More
fca-building

FCA UK reports number of complaints higher for last reporting period

27/04/2017(0)
The Financial Conduct Authority (FCA) has published data on the number of complaints reported by firms under new rules which came into force on 30 June 2016. The total ... Read More
ASIC_regulator

ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services

21/04/2017(0)
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The ... Read More
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