US pressures SWIFT to cut off Iran from global banking transactions to enforce sanctions

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 […]

Turkey & Qatar seal currency swap deal to cut US dollar transactions

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 […]

The feds are looking into bank transactions a GOP operative conducted during an independent search for Hillary Clinton’s emails

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 […]

Blockchain, IoT, and the future of seamless transactions (VB Live)

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 sales UK: THIS area has had the highest increase in transactions

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 […]

Google speeds up transactions even without Android Pay

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 […]

Earn 10,000 Bonus AAdvantage Miles After Partner Transactions

Earn 10,000 Bonus AA Miles After Partner Transactions Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]

Apple Pay transactions rose 450% in the last year

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 to raise $1 billion through debt offering to fund new content and other ‘strategic transactions’

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 […]

Shadow Brokers release also suggests NSA spied on bank transactions

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, […]