IMF Warns To Take Cryptocurrency Seriously
IMF Managing Director, Christine Lagarde has urged international banks and financial regulators to start giving cryptocurrencies serious consideration.
It’s only been a generation that we’ve been able to change our TV channels without getting up from our recliners. Wireless remote-control devices have changed our entertainment habits, but new Matchpoint technology is set to shift those habits again.
Following Visa, MasterCard has announced guidelines which would suspend all cryptocurrency debit cards which fall outside of the European Economic Area (EEA).
According to reports by Reuters and the Financial Times, banks in both Poland and the Netherlands are currently under investigation by the EU for potential antitrust violations. On the morning of October 3rd, officials from the Brussels office conducted unannounced checks of the banking association headquarters in both countries. These checks come as preliminary notices of the commission’s intent to enforce the newest EU regulations on the retail banking sector, due to come into full effect in 2018.
Agile HR is all about developing a dynamic workforce that can be deployed and redeployed to meet the changing demands of industry and commerce. It’s about speed, precision, collaboration, and excellence. Agile HR impacts everything from an organization’s team structure to its feedback loop, and every aspect of agile HR is intended to improve employee performance and customer satisfaction.
In another sign that InsurTech is one of the fastest growing and exciting FinTech sectors, the first InsurTech firm went public recently. ZhongAn Online Property and Casualty Insurance, floated on the Hong Kong Stock Exchange at HK$59.70, raising US$1.5bn, valuing the firm at US$10bn.
According to the Financial Times, Zhongan is backed with venture capital and equity finance by some of China’s largest finance groups and the public floatation has helped bring in prominent investors including the Japanese firm, SoftBank. Additionally, the big Chinese online firm, Ant Financial (an affiliate of Alibaba), is also a large shareholder in the online insurance firm.