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The US aims to disconnect Iran from the SWIFT global payment network as part of new economic sanctions against the Islamic Republic in November. Disconnection from network would make it difficult for Iran to get paid for exports. “I can assure you our objective is to make sure that sanctioned transactions do not occur whether […]
Qatar and Turkey have inked a currency swap agreement to boost liquidity and provide financial stability, Qatar’s central bank said, days after Doha pledged $ 15 billion of direct investment into Turkish markets. The deal, which aims to boost cooperation between the countries, was clinched on Friday. The agreement will set up a two-way currency […]
Drew Angerer/Getty Images Federal investigators are looking into bank transactions conducted by a GOP operative who launched an independent effort to find Hillary Clinton’s emails during the 2016 election. At the time, Peter W. Smith made clear that he wanted to uncover messages sent through Clinton’s private email server and expose them during what was […]
VB LIVE: The business potential of connected devices is huge, but so are the challenges the IoT ecosystem faces. Blockchain technology seems to hold the potential to unlock new use cases — and significant ROI from them. Join the latest VB Live event to learn more about how distributed ledger technologies can realize a profitable […]
House prices were slow in July but all regions in England and Wales have still shown record annual growth. The East of England is still in the lead with 5.1 per cent annual price growth. But it’s Wales which has seen the biggest increase in transactions in the second quarter of the year, despite low […]
Another small, but significant update from today’s I/O event comes courtesy of the Google Ads and Commerce team this afternoon. According to a blog post, the Google Payments API has been simplified to streamline things for users who might be confused about the difference between their Google Wallet, their Android Pay account and whatever cards […]
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Apple’s mobile payments wallet is growing quickly. The number of Apple Pay transactions in the latest quarter rose 450% from the same period a year ago, CEO Tim Cook said on Tuesday during a conference call with analysts about his company’s quarterly results. The likely reason: Apple Pay expanded to a number of new international […]
Netflix has announced that it intends to raise $ 1 billion via a senior note debt offering for “general corporate purposes,” which includes “content acquisitions, capital expenditures, investments, working capital and potential acquisitions and strategic transactions,” according to a statement issued by the company. The news comes six months to the day after Netflix announced […]
Besides a cache of potentially damaging zero-day exploits against many versions of Windows, another element of today’s Shadow Brokers release is a folder titled SWIFT. Inside, it has documents listing the internal structure at EastNets, a Dubai-based bank and anti-money laundering organization. Banks use the SWIFT messaging system to transfer trillions of dollars every day, […]
