The renowned European payment institution, Worldcore announces Initial Coin Offering (ICO), as part of its wider expansion plans.

National Settlement Depository (NSD), Russia’s central securities depository, has completed a large-scale project focused on transferring its information services to nsddata.ru, the Corporate Information Center’s (CIC) new technological platform. 

The trading volume in August in the Spanish Stock Market came in at €33.6 billion, up 9.5% from a year earlier. The trading volume for the first eight months of the year totalled €450.7 billion, down 4.2% from the same period in 2016.

CSI globalVCard, a leading B2B payments company specializing in secure payments with rewards, today announced that it has expanded its relationship with Mutual of Omaha Bank to provide virtual credit card and e-payment services to the bank’s corporate clients. 

Fiserv has completed its acquisition of Monitise plc, further expanding its digital technology suite to enable financial institutions worldwide to meet customer expectations for innovative digital banking experiences.

Payconiq, the mobile payment service for online, on-the-go and direct payments, has relocated its headquarters to Luxembourg. 

India is full of small vendors – streets are always buzzing with shopkeepers on both sides. For quite some time, commerce is still done the old-fashioned way with cash. I moved to India after spending more than 17 years in the US and have continued to wonder why even some of the largest merchants in India don’t accept cards. At the time, only 1.1 million terminals existed for more than 60 million merchants.

According to a few reports I read this week we should all be thankful to the European Commission for clearing up the “loophole” that existed in the current Systematic Internaliser regime. Well that’s a relief – except for two small points – first they haven’t and second they seem to have missed the whole point. A commission official has clarified that SIs will not be allowed to “regularly” engage in “pre-arranged matching of trades via de facto riskless back-to-back transactions”. So what does “regularly” mean? Once a second, a day, a month?