Company News

Tradeshift Establish New Office in Bucharest, Romania

By Sarah Lavallee November 19, 2019

Supply chain marketplaces and payments company Tradeshift has moved on to new premises in downtown Bucharest. The move to larger premises signals the company’s continued expansion in Romania. The new office of the company is located in the Tower Center, which is regarded as one of the most highly sought after locations in Bucharest for […]Continue Reading

Company News

Gold-backed Crypto Firm Told to Stop Operations After Pyramid Scheme Allegations

By Adrian Todaro November 15, 2019

Karatbars, a German Cryptocurrency firm that sells “Cryptonized gold” tokens, has been ordered to stop operations by German government banking regulator BaFin, over allegations that it was running a pyramid scheme. BaFin issued a cease-and-desist order to Karatrbars parent firm Karatbit Foundation, which is registered in Belize. BaFin also asked the firm to settle all […]Continue Reading

Trading News

Canada’s GTC Announces New Trade Finance Exchange (TFX) Platform

By Brian Stanley November 13, 2019

Canadian software developer and application service provider Global Trade Corporation (GTC) announced today that it is in the process of developing the Trade Finance Exchange (TFX) Platform to simplify trade. As everyone knows, global trade can be made far more efficient if the basic functions are performed more speedily, and that is what the platform […]Continue Reading

News

Harborside Reveals: It Has Caught a Break in US Tax Court Ruling

By Sarah Lavallee October 23, 2019

The cannabis industry has gone through a lot of troubles over the years and that is natural, considering the fact that it is a relatively new industry. In a new development, it has emerged that California based cannabis firm Harborside has announced that it has reached a breakthrough with the US Tax Court with regards […]Continue Reading

News

Will China’s Unexpected Injection of Billions Turn the Investors Towards Bitcoin: Time Will Confirm This

By Sarah Lavallee October 17, 2019

China is impulsively following the footsteps of the United Nations and trying to prop up a flagging central financial system. It has started manipulating its cash into the market with an aim to prevent the fall in the interest rates. Following this strategy, the People’s Bank of China has already injected around 200 billion Yuan […]Continue Reading

Company News

Patricia Sutter to head Wells Fargo Corporate Trust Services (CTS)

By Sarah Lavallee October 16, 2019

Industry veteran Patricia Sutter has been appointed as the new head of the Wells Fargo Corporate Trust Services on October 15. She replaces Troy Kilpatrick, who was presiding the position since 2014. Troy Kilpatrick has now taken charge of the Risk transformation work for the company. She will work in the Chicago office and will […]Continue Reading

News

The Story of a Vietnamese Migrant Who Got Involved in Cannabis Farming in the UK

By Norma Stanley October 15, 2019

In a recent development, a cannabis farmer Cuong Nguyen grabbed the attention of one and all because of his revelations during an interview. 41-year old Cuong was one of the thousands of Vietnamese migrants who barged into the United Kingdom territory illegally with a motive to earn quick money from a country that is notoriously […]Continue Reading

Company News

Banco Inter of Brazil Looking for Financial Services Partnership with Uber

By Sarah Lavallee October 14, 2019

A fresh report has revealed that Brazilian banking giant Banco Inter SA is exploring the option of tying up with ride-hailing giant Uber over a financial services partnership. A partnership of this nature is helpful to both the bank as well as the ride-hailing giant. A source who is close to the developments could not […]Continue Reading

Company News

Binance Announce Launch of P2P Trading in China, Supports Alipay and Wechat

By Sarah Lavallee October 12, 2019

Leading cryptocurrency exchange Binance has announced the launch of Peer-to-peer trading also known as P2P in China. With the launch, the platform aims to extend support to traders making transactions via many popular Chinese payment apps like Alipay and Wechat Pay. The P2P services can be accessed by the citizens of China. According to a […]Continue Reading

Company News

Indian Banks to Be Saved by Amazon and Flipkart

By Brian Stanley October 10, 2019

It is a well-known fact that banks in India are in trouble but it seems that they could be saved by e-commerce behemoths like Amazon and Walmart-owned Flipkart. The credit has dried up from banks all across the country and in such a situation; it is hard for any bank to survive for long. At […]Continue Reading