International Finance

Category : Fintech

CHF freed, SNB caps losses

Mario Singh But,what next for the Swiss franc and the country’s economy January 22, 2015: On January 15, the Swiss National Bank (SNB) shocked the capital markets by unexpectedly removing the EUR/CHF peg set at 1.20. The move caught many offguard and sent the Swiss Franc (CHF) into the stratosphere, rising about 40% in a...

Exploring digital payments at Money 20/20

The 2014 event in Las Vegas offered the chance to meet with just about anyone who counts in financial technology Tom Groenfeldt January 7, 2015: With over 7,000 attendees from 2,250-plus companies and coming from more than 60 countries, Money 20/20 in Las Vegas offered the chance to meet with just about anyone who counts...

Companies are realising the benefits of digitisation

IFM spoke to Paul Jeruchimowitz of Accenture Strategy about the conclusions from their study ‘Disrupt or be disrupted: The impact of digital technologies on business services’ Suparna Goswami Bhattacharya December 23,2014:It is a well-known fact that traditional organisations are now following the example of firms and industries which have been highly influenced by digitisation. Hence,...

Islamic finance must embrace technology faster

Change is the key driving force in a complex global financial ecosystem. This change is mainly based on continuing advances in technology Rosie Kmeid November 27, 2014: Economies worldwide are making a global transformation, in which the information technology industry assumes increasingly greater importance. Indeed, technology is evolving at an amazingly rapid speed. The awe-inspiring...

Americans being served cards with chips

Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...

Should you trust mobile banking?

It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...

Facebook announces change in research policy

This comes after they published a study that turned into a PR disaster IFM Correspondent October 3, 2014: After a study on people’s emotional behaviour carried earlier this year backfired, Facebook on Thursday announced that it has come up with a new review process for pre-approving research. The emotional contagion study published in June was...

eBay to spin off PayPal

Earlier this year, management decided against the separation IFM Correspondent October 1, 2014: PayPal is splitting from eBay and will become a separate and publicly traded company next year. The decision comes almost a year after billionaire investor Carl Icahn opened a proxy fight pushing for the spinoff of PayPal. “The industry landscape is changing,...

Scottish independence: The question of your data

International Finance Desk
If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...