Eurozone To Decide On More Debt Relief For Greece Next Monday
After many months of financial instability, it looks as if a brighter future is on the horizon for Greece and its inhabitants. Up until this point, the country’s debt …
Category: Finance
Migrant Mexican Workers Take Precautions To Bypass Trump’s Potential Remittance Ban
Donald Trump vowed to make remittance transfers from the US to Mexico virtually impossible if he became the next US president. Ever since his election very little has been …
UK Banks Should Learn How To Innovate By Looking At Russian Financial Service Providers
In what many people will see as a significant surprise, the Russian bank model is considered as a role model for the future of UK financial services providers. Russian …
Austrian Bank To Introduce New ATMs Featuring NFC and QR Code Integration
December 2, 2016
Finance, News, Technology
Contactless payment technology, as well as QR codes, are slowly gaining traction within the financial sector–so much so that even Raiffeisen Bank in Austria is re-fitting their existing ATM …
Russian Central Bank Loses US$31m In Cyber Heist
The Russian Central Bank had some sad news to report, as they have been the victim of a cyber heist. To be more precise, a total of over 2 …
The Venezuelan Bolivar Tanks 24% of its Value in One Day
Dictatorship, devaluation, hyperinflation, drama. Those are just a few words to label what’s going on in Venezuela. The country, formerly described as a “socialist paradise” by the leftists in …
Judge Approves IRS Tax Information Request to Coinbase
On November 20, the American IRS (Internal Revenue Service) submitted a request to Bitcoin startup, Coinbase. The document demanded detailed financial and personal information on all of the platform’s users. …
Regulatory Pressure Forced BitLendingClub Out of Business
December 1, 2016
Finance
The somewhat popular P2P bitcoin loan service BitLendingClub has been forced to close up shop due to alleged “regularity pressures”. The platform will remain in a state of limited …
Over Nine In Ten Millennials Do Not Trust Banks To Handle Their Money
Trusting financial institutions is becoming increasingly difficult every single day. Banks are not that great with protecting consumer data, and access to one’s own money seems limited at times. …