The Credit Suisse banking group has decided to sell part of its business in the area of trusts in subsidiaries located in the Bahamas, Guernsey and Lietchestein.
The decision was made known on Tuesday through a statement that clearly expresses Credit Suisse's desire to detach itself from the…
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money
Google begins to distribute its digital wallet
Google began rolling out its Google Wallet payment app which works as a digital wallet, on Android devices in a total of 39 countries around the world.
In April of this year, 9to5Google reported that the company was preparing the return of…
The FED predicts a change in payment methods
John Williams, president and CEO of the New York Federal Reserve, warned the world of the economy in general to prepare for a significant change in the way payments will be made in the future.
The representative of the entity spoke during…
Deutsche Bank expects ECB reaction to inflation
The president of Deutsche Bank and the Association of German Banks (BdB), Christian Sewing, stated that he expects a prompt reaction from the European Central Bank (ECB) in the face of the new increase in inflation.
“In the midst of all…
Americans invest in cryptocurrencies
A survey conducted by The State of Consumer Banking & Payments to 2,200 people determined the increase in the investment of Americans in cryptocurrencies as one of the preferred investment alternatives compared to traditional media.…
More countries will embrace cryptocurrencies as part of their monetary policy
The founder of Cardano, Charles Hoskinson, prophesied that different nations of the world will end up assuming the El Salvador model and “in the coming years, many more countries will use cryptocurrencies as part of their monetary policy,…
Bitcoin is legal currency in El Salvador
The Bitcoin Law enters into force today in El Salvador to adopt cryptocurrency as a means of legal exchange in the Central American country. A range of economic possibilities opens up for Salvadoran citizens and for the economy in general,…
The opening of casinos is a good sign for private sector
The economist and university professor, Luis Oliveros, commented that the reopening of the casinos occurs because "there is a need for money " in the country and not because the country's economic situation is improving.
"These casinos…
International remittances decrease by 55.8 % due to the pandemic
Money transfers to Venezuela have registered a decrease of 55.8 %, as a result of the Covid-19 pandemic that affects the world. This was indicated by the economist Corina Fung, who also stressed that "people who reside in the country and…
Shasta already has Bizum and PayPal
The mobile application specialized in financial and administrative services Shasta incorporated the Bizum and PayPal platforms as new methods for the aggregation of funds. Both platforms offer the services of sending and receiving financial…
Cryptocurrency scam platform dismantled in Japan
Four people were captured for being allegedly linked to a scam that has been called "a fictitious investment story", which was carried out through a platform that offered "supposed returns on investment with supposed crypto assets, based on…
Bnext settles an alliance with Cacao PayCard to reach Latin America
Mobile payment solutions are the alternative most sought after by customers thanks to the speed, security and trust provided by the various applications currently on the market.
One of the most recent developments in this regard is the…