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ZipZap Expands Bitcoin Purchase Service in Europe - 23 July 2014

ZipZap, the San Francisco-based global payments network, has announced a European expansion, offering 34 countries across Europe opportunities to use cash to purchase Bitcoin and other digital currencies ...

Xceed Launches Platform to Assist Datacentre Migrations - 23 July 2014

Xceed Group, the IT professional services specialist, has launched its mX migration accelerator platform, which is designed to help companies overcome the challenges associated with major migration projects ...

Judge Orders Two Sides to Negotiate on Argentina Debt - 23 July 2014

US judge Thomas Griesa of the Federal District Court in Manhattan has ordered Argentina and a group of New York hedge funds to meet with a court-appointed mediator ‘continuously’ so that the two sides can reach agreement over the contentious issue of the country’s debt repayments ...

South Africa Pursues Payments from World Cup Builders - 23 July 2014

South Africa’s government is reportedly applying pressure on construction companies for further payments as punishment for rigging contracts to build stadiums when the country staged the 2010 FIFA Soccer World Cup ...

Hackers Bypass Online Banking Site Security - 23 July 2014

Computer hackers are employing a ‘Trojan horse’ virus to target users of online banking sites, according to researchers from computer security company Trend Micro ...

Asset Management Recovery Gathers Steam - 22 July 2014

The global asset-management industry has recorded its strongest year of recovery since the 2008 financial crisis, as assets reached record levels and profits surged to near-all-time highs, according to The Boston Consulting Group ...

Consumers Wary of Entrusting Retailers with Data - 22 July 2014

A global study of more than 6,100 consumers across 20 countries finds that 29% don’t trust retailers - including stores, online shopping sites and restaurants - to protect stored personal and financial data against hacking attempts and data breaches ...

Six More Banks Join SWIFT KYC Registry - 22 July 2014

SWIFT said that six more global banks have signed up to jointly develop its Know Your Customer (KYC) Registry, a centralised repository that maintains a standardised set of information about banks required for due diligence processes ...

IT Outsourcing in Banking Reaches Five-year High - 22 July 2014

The banking, financial services and insurance (BFSI) market - estimated at between US$105bn and US$130bn - still reigns as the largest adopter of information technology outsourcing (ITO) services, according to Everest Group ...

New York Unveils BitLicense Framework - 21 July 2014

The New York Department of Financial Services (DFS) has released the details of its proposed BitLicense regulatory framework. If passed, New York would become the first US state to directly regulate virtual currencies ...

Stripe Launches in Australia - 21 July 2014

Stripe launched in Australia Monday, and has also begun testing in three Scandinavian countries. The three-year-old payments startup, which is backed by a trio of PayPal co-founders, is slowly growing its global presence ...

Earthport Joins Eurogiro Network - 21 July 2014

Earthport has agreed to partner on the Eurogiro infrastructure. Eurogiro members will now have access to international low-value clearing to the 60 countries where Earthport facilitates local payments, and enabling Earthport to connect to Eurogiro members’ extensive client base ...

Payments Council Membership Hits New High - 18 July 2014

Investec, Metro Bank and TSB have joined the Payments Council as full members, bringing membership to an all-time high of 36. The organisation also has 27 associate members ...

Pensions Adviser Opposes Walgreens Swiss Move - 17 July 2014

A major US pension adviser has written to regulators asking them to investigate plans by Walgreens, the country’s biggest pharmacy chain plans to transfer its tax base from the US to Switzerland as part of its takeover of European peer Alliance Boots ...