Latest NewsRSS Feed

Italy’s Public Administration Payment Hub Selects MyBank - 31 October 2014

MyBank and Italy’s Agenzia per l’Italia Digitale (AgID) said that the MyBank payment option, which allows bank customers across Europe to pay online by using their own bank account, has been activated on AgID’s payment hub ‘Nodo dei Pagamenti-SPC’ ...

China Eases State’s Grip on Credit Card Payments - 30 October 2014

China has agreed to ease its monopoly on the handling of credit card payments and will allow foreign companies such as Visa, MasterCard and other electronic payment processors to have a greater presence ...

Moody’s Assesses Brazil’s Outlook after Rousseff Victory - 30 October 2014

The re-election of Brazil’s president Dilma Rousseff on 26 October has important implications for the country’s Baa2 sovereign rating, as well as for the credit quality of Brazilian banks, corporations and securitisations, says Moody’s ...

Countries Unite to End Banking Secrecy - 30 October 2014

More than 80 countries have signed up to a deal that aims to end banking secrecy, in what its sponsors hope will be a major step in a global campaign against tax evasion and fraud


...

Employees ‘Becoming Negligent in Saving Documentation’ - 29 October 2014

More advanced data back-up and storage capability has the unexpected downside of making employees have become more casual in their approach to saving documents, a European study by information storage and management company Iron Mountain suggests ...

Financial Professionals Job Market Booms in Singapore - 29 October 2014

The jobs market for financial professionals is booming across Asia, with the total number of job advertisements for professional positions in Singapore up 37% year-on-year (YoY) reports international recruitment consultancy Robert Walters
...

Social Spending Jeopardises US Fiscal Profile, says Moody’s - 29 October 2014

While the US government’s current fiscal position remains relatively healthy, mandatory social spending will begin weakening the current fiscal profile of the US government at the end of the decade, according to Moody’s Investors Service ...

Tesco Suppliers Launch own Financial Health Checks - 29 October 2014

Suppliers of UK supermarket chain Tesco have asked audit team to review their British operations, following the company’s admission that accounting irregularities overstated its profits by £263m ...

More Asian Companies Turn to Trade Finance - 27 October 2014

Companies across Asia are utilising trade finance as a new source of capital and for process improvement in working capital management, according to a report from Greenwich Associates ...