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Apple Pay Experiences Impressive Early Adoption - 22 December 2014

Early adoption Apple Pay is considerably strong, according to new research released Monday by ITG. Based on early trends since its 20 October launch, the research firm has determined that Apple Pay has the ability to significantly transform the mobile payment space ...

ICICI Bank Launches Banking by Facebook - 22 December 2014

ICICI Bank, India’s largest private sector bank, announced the launch of ‘Pockets by ICICI Bank’, a desktop application that enables its non-resident Indian (NRI) customers across the globe to access their bank accounts on Facebook. It also underscores the importance that the bank attaches to the social media ...

EU Toughens Anti-Money Laundering Rules - 18 December 2014

An agreement reached by the European Commission (EC), European parliament and European Union (EU) member states paves the way for a tougher anti-money laundering regime
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Survey Calculates Cost of Sleep-deprived Employees - 18 December 2014

One in every five workers is sleep deprived and those who sleep poorly are 54% more likely to experience stress in their job, a report by Australian group Global Corporate Challenge (GCC) claims ...

UK Spending Cuts Put Spotlight on Procurement Policies - 17 December 2014

The UK’s public sector organisations must make radical changes to procurement processes, supplier contract management and spend analysis to meet new efficiency savings targets, says business applications and services provider Advanced Business Solutions ...

Alstom Nears US$700m Settlement in Bribery Case - 17 December 2014

French engineering group Alstom has agreed to pay US$700m to settle corruption charges brought by US prosecutors relating to alleged bribes paid in Indonesia and other countries, according to reports ...

ESMA Calls on Ratings Agencies to Sharpen Up - 17 December 2014

The European Securities and Markets Authority (ESMA) has issued its verdict on the way that credit rating agencies (CRA) conduct surveillance of their structured finance credit ratings ...

Investors Bullish on Global Economic Outlook - 16 December 2014

Global investors are keeping faith with equities while raising cash as markets enter the volatile year-end period, according to the Bank of America Merrill Lynch (BofA Merrill) Fund Manager Survey for December ...

Regional Payments Projects: Five Basics of Success - 16 December 2014

The wide range of regional payments projects and the factors behind successful integration is the focus of a working paper produced by Dr. Leo Lipis and Colin Adams for the SWIFT Institute ...

‘Don’t Panic’ Call as Rouble Tumbles - 16 December 2014

The rapid depreciation of the Russian rouble (RUB) will be a cause for panic among European businesses with operations in Russian but they should stay calm, says Philippe Gelis, CEO and co-founder of Kantox ...