Monday, Nov 25, 2024

International Finance

Category : Fintech

Chinese tourists in UK can use Alipay app

International Finance Desk
by International Finance Desk
Alipay ropes in Zapper as mobile partner to enable over 250,000 Chinese visiting the UK to use the app in over 1,000 locations nationwide October 13, 2016: Alipay, the world’s leading mobile payment platform run by Ant Financial Services Group, has partnered with Zapper, the fast growing consumer insights and marketing platform which is enabled...
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PwC reports revenue growth of $35.9 billion

International Finance Desk
by International Finance Desk
Total workforce count reaches new record October 4, 2016: The PwC network reported total global gross revenues of US$35.9 billion for the fiscal year ended on 30 June 2016. At constant exchange rates (local currency), PwC’s total global revenues rose by over 7%. “The strength of our brand, the opportunities we provide for our people,...
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Ecommerce: Fraud by customers on the rise

International Finance Desk
by International Finance Desk
Buyers increasingly using chargeback option to get refund for their products Suparna Goswami Bhattacharya October 3, 2016: Online merchants are facing a new problem — fraud by customers. Firms are increasingly facing malicious activity in the form of chargeback or friendly fraud. According to Visa, chargeback fraud has been growing at around 41% every year,...
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Yahoo reveals world’s biggest data breach

International Finance Desk
by International Finance Desk
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
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Synechron launches blockchain accelerator applications in the cloud

International Finance Desk
by International Finance Desk
Leverages Synechron’s domain expertise in financial services and high-end software engineering skills September 21, 2016: Synechron Inc., a global financial services consulting and technology services provider, has announced the launch of its Blockchain Accelerator Program that includes its first six blockchain applications available in the cloud. These applications enable financial services firms to be up-and-running...
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Enforcing debt when trading with Eurozone customers

International Finance Desk
by International Finance Desk
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service.  The outcome was...
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