September 21, 2012
E.U.: State aid: Commission approves restructuring aid to Austrian bank...
The European Commission has concluded that restructuring aid granted by Austria to the Austrian bank Österreichische Volksbanken AG (ÖVAG) is in line with state aid rules. Public support was granted...
July 16, 2012
What Does SEPA Signify For The Payments Industry?
If I sound a little skeptical, it’s because I wonder why there is such excitement over the fact, that there is now a final date, via a European Directive, to...
July 12, 2012
Chase VP Explains Liquid’s Impact On Prepaid Market
Chase’s latest effort to win over customers that find traditional checking to be too expensive is called Liquid. But the company might be better served calling its new prepaid product...
July 02, 2012
Mainstreaming Mobile Payments In Middle East And Africa
A study from the GSM Association in June 2011 said 80 percent of global mobile financial transactions were made in East Africa. Mobile money leader M-PESA is transacting over US...
June 28, 2012
4,465 billion euros of preference shares to be converted into...
The European Commission has temporarily approved the conversion of preference shares into capital for Spain’s Bankia. The preference shares are for 4,465 billion euros, which will be converted into equity...
June 27, 2012
Barclays settles Libor charges with record fines
Barclays has settled civil charges brought by the U.S. Commodity Futures Trading Commission, the U.S. Department of Justice, and the U.K. Financial Services Authority. The bank has admitted to manipulating...
June 20, 2012
Dodd Frank’s Remittance Regs: Addressing 1073 with Minimal Disruption to...
Thank you for joining us for the Earthport webinar event! If you missed out on the live event, Dodd Frank’s Remittance Regs: Addressing 1073 with Minimal Disruption to Your Business is...
May 31, 2012
Billions of euros for Banco CAM’s bailout constitute permissible state...
The European Commission has approved the restructuring aid that Spain granted to Banco CAM. In July 2011, the Bank of Spain placed the beleaguered Banco CAM under the control of...
May 25, 2012
Dodd Frank’s Remittance Regs: Addressing 1073 with Minimal Disruption to...
Thank you for joining us for the Earthport webinar event! If you missed out on the live event, Dodd Frank’s Remittance Regs: Addressing 1073 with Minimal Disruption to Your Business is...
