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Electronic Transfers


Declaration of Armenian citizens’ income Starting in 2023, a system for declaring the income of all resident citizens will be introduced in Armenia by the Ministry of Finance, a plan approved by the government and soon to go to parliament. After adoption of the project, the tax authorities will draw up a declaration for each …

Ken Ofori-Atta, Finance Minister Finance Minister, Ken Ofori-Atta, has partly blamed the late passage of the electronic transaction levy (E-levy) for the prevailing economic challenges. According to him, the delay in passing the tax policy impacted the confidence of the international community in the economy which led to loss of investors. Appearing before the Parliament’s Adhoc Committee on …

In this article, we examine how analytical scientists can enhance their data sharing and reporting practices, leading to improvements in data integrity and an easier route to compliance within a regulated good manufacturing practice (GMP) environment. To ensure the integrity and compliance of reported data, each GMP-regulated laboratory should ensure that any process from sampling …

Recently, there has been an explosion in the search for information about Blockchain. People are eager to learn blockchain technology concepts. In this article, we try to answer a few questions related to Blockchain which you might have. A decentralized ledger or journal that is shared among all of the nodes of a computer system …

Over the past five years, Iranian officials and state media have touted the “indigenous” ingenuity in the Islamic republic’s mass-produced Mohajer-6 combat drone, which Russia has deployed in its war against Ukraine. But a new investigation by Schemes, the investigative unit of RFE/RL’s Ukrainian Service, has found that electronic components underpinning Tehran’s production of the …

The scope of the new AML/CFT(Anti-Money Laundering/Combating the Financing of Terrorism) regulatons in Nigeria recently got enlarged with the Central Bank of Nigeria CBN Regulations on Anti-Money Laundering passed on the 20th of June, 2022. The regulations were passed by the CBN in order to be in alignment with the provisions of the Money-laundering (Prohibition) …

While U.S. Bank credit cards may not be as talked about as those issued by other big-name banks such as Chase and American Express, they certainly pack a punch, offering a variety of benefits and rewards. U.S. Bank has a credit card for every kind of consumer, whether you’re looking for one that comes with …

RICHLAND, Wash.-Scientists have shown that they can detect SARS-CoV-2, the virus that causes COVID-19, in the air by using a nanotechnology-packed bubble that spills its chemical contents like a broken piñata when encountering the virus. Such a detector could be positioned on a wall or ceiling, or in an air duct, where there’s constant air …

An overview South Africa has one of the largest economies on the African continent. Being one of the most technologically advanced and diversified economies in the whole country, South Africa’s GDP nearly tripled between 1996 and 2011, reaching its $416 billion peak. As of 2022, it stands at over $435 billion, with the purchasing power …

NEWARK, Del, Oct. 18, 2022 (GLOBE NEWSWIRE) — The global eSports market is worth US$ 3.41 Bn as of now and is expected to reach US$ 18.65 Bn by the year 2032 at a thumping CAGR of 21.5% from 2022 to 2032. With increase in frequency of live streaming of sports, expanding reach of audience, …

Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers. But Zelle, a digital payment network owned by seven major banks, isn’t so protective of its users. If you use Zelle to pay someone who proves to be a con artist, …

US-based blockchain and crypto solutions provider Ripple has announced its first On-Demand Liquidity (ODL) customer in France, partnering with Lemonway, and in Sweden with Xbaht.   With approximately 70% of financial institutions and 59% of consumers in Europe interested in crypto-enabled payments, the partnership sees Lemonway using RippleNet’s ODL, which uses XRP for crypto payments, …

Can You Use A Credit Card As A Debit Card? [ATM Card]

People are often unsure if they can use their credit card as a debit card. A lot of people don’t know that they can use their credit card as a debit card. This can cause them to miss out on some great benefits, like earning rewards or building up their credit score. So, how can …

The EU Parliament passed new legislation requiring USB type-C to be the single charger standard for all new tablets, cameras, and smartphones from late 2024. The new rule, which lawmakers approved with a vote of 602 in favor and 12 against, will force Apple to drop its Lighting port on its iPhones to the USB-C …

Top 10 Leading Fintech Companies in The World: Neo-banks and digital banking systems in the FinTech sector have been made possible by digitization and globalization. In order to quickly supply a banking system, a FinTech company or a number of FinTech firms are created. These companies use cutting-edge technologies like AI, ML, IoT, and many …

PayPal is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial …

By LUKE ANAMI Businesses in the region are asking governments to consider lowering money transfer charges, which they say are adding to costs in the absence of stable exchange rates. Private sector players are particularly troubled by rising fees on mobile money transfers and the cost of remittances and payments. Remittances, non-commercial transfer of money …

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here. Vancouver, British Columbia–(Newsfile Corp. – September 22, 2022) – Infinity Stone Ventures Corp. (CSE: GEMS) (OTC Pink: TLOOF) (FSE: B2I) (the “Company” or “Infinity Stone“), is pleased to announce that its common shares will commence trading on …

Details By Caliber Financial Services September 20, 2022 Across America, businesses struggled to stay afloat during the COVID-19 pandemic. Brick-and-mortar businesses tried to continue operations by adopting alternative methods of delivering goods and services, especially by electronic means. Entertainment businesses, including casinos, were hit particularly hard. Online delivery of entertainment can’t provide the same experience …

Recently, global membership-based car rental platform QEEQ announced the completion of tens of millions of dollars in financing. The funds will be mainly used for R&D, product planning, team expansion, global market advancing and customer service improvement, to provide users with better products and experience. Ben Lee, Founder of QEEQ, commented, “We are happy to announce the completion of this …

The 5-second rule isn’t really valid.You shouldn’t be eating food that’s been on the floor, even if it’s for less than 5 seconds, says James E. Rogers, PhD, the director of food safety research and testing at Consumer Reports, who says he would never eat anything off the floor nor would he let his children.  …

SUNNYVALE, Calif.–(BUSINESS WIRE)–Sep 13, 2022– Quanergy Systems, Inc., (NYSE:QNGY) a leading provider of LiDAR sensors and smart 3D solutions, announced today that the company will partner with Fabrinet, a leading provider of advanced precision optical and electronic manufacturing services, for the production of Quanergy’s LiDAR sensors. × This page requires Javascript. Javascript is required …

The rise in the number of retail investors in the Indian market has been unprecedented. Technological advancement made its march in stock trading making the process absolutely convenient for people where they could register themselves for trading in the capital market from the convenience of their respective homes. Then, the financial challenges brought onto people …

NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given that the 66th Annual General Meeting of FEROZSONS LABORATORIES LIMITED will be held on Friday, 30 September 2022 at 11:30 a.m. at Registered Office, 197-A, the Mall, Rawalpindi and through Video Link Facility to transact the following business: …

TOKYO, Sept. 06, 2022 (GLOBE NEWSWIRE) — TOKYO, September 07, 2022 (GLOBE NEWSWIRE) – The Global P2P Payment Market Size accounted for USD 1,872 Billion in 2021 and is estimated to achieve a market size of USD 9,135 Billion by 2030 growing at a CAGR of 19.7% from 2022 to 2030. P2P Payment Market Report …

When Brazil’s central bank announced in 2020 it was launching a free electronic payments system called PIX, many people had no idea what it was talking about. Today, instant transfers are so ubiquitous, Brazilians use them tens of millions of times a day, for everything from paying the rent to buying groceries to giving money …

Remittances to Mexico exceed $5 billion for third consecutive month EL PASO, Texas (Border Report) – Mexicans living abroad are sending record amounts of money back home despite worldwide inflation. According to newly released data from the Bank of Mexico, that country received $5.297 billion in remittances in July – the highest number on record …

Q: Is there any law (including data protection/privacy law) of general application explicitly governing the use, collection, and processing of personal data (including sensitive data)? A: No, there are only sector-specific personal data protection and/or privacy laws. There’s a draft decree concerning the personal data protection of the Ministry of Public Security in 2019 to …

article MILWAUKEE – A Milwaukee woman was sentenced on Aug. 22 to five years in prison as part of a theft and money laundering scheme. Deloise Lipsey, 35, pleaded guilty in June to money laundering, attempted robbery and organizing financial crimes. Seventeen other counts – including 10 felonies – were dismissed as part of a …

If there’s one thing that Ray Youssef believes in, it is Bitcoin. According to him, it is an asset class created for all and not just the rich. This belief took him all the way to Paxful, a peer-to-peer cryptocurrency exchange where nearly 10 million users trade on a regular basis across the world. When …

In recent months, Tanzania has published amendments to the Electronic and Postal Communications (Licensing) Regulations that introduce new licensing categories and restructure existing ones. This article highlights the amendments introduced in the Electronic and Postal Communications (Licensing) (Amendments) Regulations of 2022 (the Regulations) and the compliance measures that apply thereunder. The Tanzania Communications Regulatory Authority …

WhatsApp Facebook Twitter Email Messenger This post has been read 1859 times! KUWAIT CITY, Aug 21: Fundraising advertisements are back on the forefront as soon as an issue that occupies public opinion appears on the surface. Some people use it as a means to collect donations without following the legal methods in this regard, reports …

InOutsource to provide consulting and implementation services to LegalRM customers, supporting growth in iCompli adoption BOULDER, Colo. and LONDON, Aug. 18, 2022 /PRNewswire/ — LegalRM today announced that it has formed a new partnership with InOutsource, focusing on sales and implementation of its iCompli information governance and records management platform. InOutsource, a leading consulting firm to …

General Migom Global Corp. (the “Company”) was incorporated as Alfacourse Inc. in the State of Nevada on February 29, 2016. On October 9, 2019, as a result of a private transactions, 5,000,000 shares of common stock (the “Shares”) of the Company, were transferred from Oleg Jitov to Heritage Equity Fund LP (the “Purchaser”). As a …

Wiring money can be dangerous, especially if you’re a traveler. Here’s how to avoid the problems. PA Images via Getty Images More travelers than ever are wiring money — to vacation rental owners, tour operators, and each other. It doesn’t always work. Jermaine Amado, a photographer based in Denver, recently recently booked an excursion for …

A prominent voter-roll management system used by 31 states and the District of Columbia has politically compromised ties, according to a new report by independent research group Verity Vote. The Electronic Registration Information Center, or ERIC, was sold to states as a quick and easy way to update their voter rolls. Started in 2012 by …

Almost since the war began, Ukrainians have accused Russian forces of detaining civilians, interrogating them and in many cases forcing them not only from their homes but from their country. Now, new details are emerging about the scope and scale of Russia’s use of “filtration camps,” makeshift detention centers Russia and proxy forces use to …

06 August 2022 Reed Smith (Worldwide) To print this article, all you need is to be registered or login on Mondaq.com. The ICO published new guidelines on Binding Corporate Rules (BCRs) on 25 July 2022. There have been significant delays in approvals of UK BCRs by the ICO following Brexit. The …

The terms “Euronet,” the “Company,” “we” and “us” as used herein refer to Euronet Worldwide, Inc. and its subsidiaries. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This report contains statements that constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 (“Exchange …

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.   Filed Pursuant to Rule 424(b)(5) Registration Statement No. 333-236742-01   The information in this preliminary prospectus supplement is not complete and may be changed. This preliminary prospectus supplement and the accompanying prospectus are …

United Security Bancshares (NASDAQ:UBFO – Get Rating) and Alerus Financial (NASDAQ:ALRS – Get Rating) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, valuation, institutional ownership, risk, profitability, analyst recommendations and dividends. Profitability This table compares United Security Bancshares and …

NBC assistant governor Chea Serey speaks at the inauguration ceremony for the KHQR code system on July 4. Photo supplied The National Bank of Cambodia (NBC) is working with Lao and Vietnamese authorities to expand the use of KHQR code cross-border payment systems to promote trade and investment as well as increase the scope of …

Players may deposit and withdraw money using various payment options in today’s online casinos. It is a must-know for everyone who enjoys playing for real money.  Because there are so many options, it may be tough to choose the best one. This article will discuss ten common payment methods casino players use. 1. Credit and …

United Security Bancshares (NASDAQ:UBFO – Get Rating) and Akbank T.A.S. (OTCMKTS:AKBTY – Get Rating) are both finance companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, profitability, earnings, analyst recommendations and risk. Earnings & Valuation This table compares United Security Bancshares …

Overview Pensions dashboard developments The Pensions Regulator (TPR) has issued initial guidance setting out the obligations of trustees to onboard onto a pensions dashboard. TPR emphasises the importance of schemes starting to take steps now, regardless of their staging date. The project will require schemes to have accurate, up-to-date and digitised scheme information and this …

In May 2016, you could buy 1 BTC for about $US500, but by early May of this year, a single Bitcoin was worth around $US30,000. That’s growth of nearly 6000%. However, there are two sides to every crypto coin’s success story, and Bitcoin is no different. Alongside impressive gains, BTC has also experienced devastating declines, …

UPI Payment: Everything You Need to Know About it The National Payments Corporation of India developed the instant real-time payment system known as UPI, which also suggests that it is under the jurisdiction of the Reserve Bank of India. With the use of a smartphone app, it is possible to transfer money between two bank …

The Attorney General Alliance (“AGA”)1 recently issued a collaborative White Paper that signals heightened scrutiny of digital asset businesses by state Attorneys General in coming years.2 Recognizing that it is “no longer acceptable to be on the sidelines” because blockchain technology and virtual assets are “here to stay,”3 the AGA issued its White Paper to …

One of the reasons for the astronomic rise of the Tech Industry in Nigeria and worldwide is the monetization/mining of information otherwise known as Data, it also means that Tech companies, especially those in the Social Media subsector, wield some of the greatest forms of influence in modern history, having access to almost everything private …

Though a new draft order from the Irish Data Protection Commission takes aim at Meta’s cross-national data transfer practices, all businesses with an international presence could face new pressure to reform. Europe could see Meta-owned Facebook and Instagram disabled in short order due to a crackdown by Ireland’s privacy regulators. A draft decision by Ireland’s …

The Central Bank of Egypt (CBE) issued several decisions in support of digital transformation to provide more support and facilitation to citizens amid increasing demand of customers to use electronic payment methods and channels, in addition to achieving orientation towards digital transformation to a cash-less society. The Central Bank issued 10 decisions to support digital …

In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. Regulatory Developments United Kingdom: Payment Systems Regulator announces two market reviews on card fees On 21 June 2022, the Payment Systems Regulator (PSR) announced its plans to carry out two market reviews focusing on card fees. One …

LIMA — Lisa Niekamp-Urwin was recognized as a “2022 Women of the Channel Awards” and also listed on the “Registry of Business Excellence.” Her business, Tomorrow’s Technology Today offers expertise in network services, computer service and computer support for small business owners. Niekamp-Urwin offers suggestions to people to avoid cyber-attacks. “Ninety-one percent of the cyber-attacks …

No-one listens to me about anything, least of all the future of payment systems, but Jack Dorsey is a billionaire so you should listen to him. Ten years ago, he tweeted that “In general, the shift toward a cashless society appears to improve economic welfare” and I remember being excited that he was on my …

WITH a debt of $1,8 trillion, as revealed by the Zimbabwe Debt Management Office last week, Zimbabwe has effectively slipped into dangerous territory. And by any standards, this debt has outfoxed many of all the Southern African Development Community benchmarks, which means it is an affront to regional integration. It is as big as the …

Mumbai: The current account deficit (CAD) for the fourth quarter of FY22 came in at $13.4 billion, which works out to 1.5% of the GDP, lesser than expected by the market. On a sequential basis, the CAD declined from $22.2 billion, or 2.6% of GDP, in Q3FY22. The CAD for the full year was $38.7 …

Johnson Valley, California — Sixty miles north of Palm Springs, Johnson Valley is synonymous with Ultra4 racing — America’s most demanding off-road competition. Every February, 75,000 people descend on this 96,000-acre desert pasture to watch insane, all-wheel-drive 1,000-horsepower dune buggies on ‘roids vie for the King of the Hammers crown over high-speed flats, mountain passes and extreme rock-choked …

The United States is home to tech companies that amass the most amount of user data worldwide, but the country does not have a law that regulates what data is collected and how it’s used. For years, lawmakers have tried to pass a federal privacy law, but to no avail. The US lags behind the …

Waste crime is now more lucrative than contract killing and criminals are getting more sophisticated. Could technology help end it once and for all? “Our goal for waste crime is very simple: stop it. That’s an audacious ambition, about which we are totally unapologetic,” said a determined Sir James Bevan in a stirring speech to …

Illustrative photo The latest and most innovative changes to occur in the future will be a move towards digital banks, which will provide low cost and short time methods in banking services. They will also provide fair competition than traditional banks do at present. Digital banks will also be the driving force behind new innovations …

Meghalaya recently won the ‘Best Project’ award at the United Nations World Summit on the Information Society (WSIS) held in Geneva for its paperless governance initiative, called ‘e-Proposal System’. The initiative is a part of the Meghalaya Enterprise Architecture (MeghEA), set up in 2019 as part of the Digital India Mission, to improve service delivery …

Accor has launched a draw to get its loyalty program members in Australia to book travel to Southeast Asia, South Korea, Japan, and The Maldives. Accor has four prizes for its ALL members who come with a hotel stay and flights from Australia. Note that the ALL member must have their address in Australia to …

After the relentless hype about Bitcoin and other cryptocurrencies such as Ethereum, Solana, Dogecoin, LUNA, etc., for the last couple of years, we are now witnessing their complete meltdown. The hype was primarily driven by eye-popping increases in valuations of all the major cryptocurrencies. Bitcoin had gone from around USD 4,000 to USD 64,000, a sixteen …

We may earn a fee if you make a purchase through one of our links. The newsroom and editorial staff were not involved in the creation of this content. Governor Laura Kelly ushered in a new era of legal sports betting in Kansas when she signed SB 84 into law on May 12. It paves …

The U.S. military’s Space Force appears like it’s not going anywhere, having outlasted the Netflix show of the same name. Yet, at two years old, the country’s youngest service branch is still on the receiving end of jokes and bigger questions about what it does and why it exists. “Most people don’t have the information they …

This press release was orginally distributed by SBWire New Jersey, USA — (SBWIRE) — 05/28/2022 — The latest study released on the Global P2P Payments Market by AMA Research evaluates market size, trend, and forecast to 2027. The P2P Payments market study covers significant research data and proofs to be a handy resource document for …

Before moving from China to Canada in 2006, Runkai Chen told immigration officials that he made at most $41,000 a year. His wife, he said, was employed as a clerk. Despite their modest incomes, a series of money transfers poured $114 million into the Chen family’s Canadian bank accounts a few years later. Chen is …

Special to The T&D South Carolina State University is urging its students to be wary of any financial solicitations or job offers arriving by email. Scammers are actively targeting students at S.C. State and other universities with check-cashing and gift card schemes. Scammers are known to sometimes mask their identities by posing as S.C. State …

In its simplest forms, money laundering involves concealing, disguising, converting, transferring or removing criminal property. The common thread is dirty money that—true to the ‘proceeds of crime’ descriptor—traces its roots to corruption, bribery, theft, drug dealing, tax evasion or even a chaotic mix of all. Money launderers dedicate themselves to washing—both literally and metaphorically—dirty money. …

An independent audit of the city of Oakdale found that a now deceased city clerk transferred nearly $500,000 in city funds to her personal bank accounts without authorization over a two-year period. The clerk allegedly made transfers estimated to be $248,564 and $203,753 for the fiscal years ending June 30, 2020 and 2021, according to …

HousingWire recently talked with Chris McEntee, vice president of ICE Mortgage Technology about the latest updates to the MERS eRegistry and what they mean for the industry. HousingWire: The MERS eRegistry is the only registry of its type in the industry. What kind of impact does this have on lenders? Chris McEntee: For over 25 …

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the …

Zimbabwe’s President Emmerson Mnangagwa looks on as he gives a media conference at the State House in Harare, Zimbabwe, August 3, 2018. REUTERS/Philimon Bulawayo May 9, Zimbabweans woke up to a sweeping raft of measures announced by President Emmerson Mnangagwa aimed at stabilising the economy. Considering the 100% or so depreciation that had happened on …

Basic Context of the CoC The CoC (so far only available in Spanish here) is a national code of conduct promoted by Farmaindustria (the national business association of the pharmaceutical industry) that regulates how data protection rules impact the development of clinical trials and compliance with pharmacovigilance obligations. It applies to the processing activities of …

Auto accidents such as head-on or multi-vehicle accidents can be devastating. It can have an impact on your emotional, physical and mental health. The shock of an accident may leave an impression on life. Moreover, determining the fault in a multi-vehicle accident is a big task. Often, the chain of reactions makes it difficult to …

The next iteration of the internet, so-called web 3.0, will have the ability to automatically execute transactions using digital currency. Will that digital currency be private stablecoins or a Federal Reserve digital currency (FRDC)?   My guess is that web 3.0 will run on a hybrid digital currency that includes a new type of bank deposit as …

DUBLIN, May 3, 2022 /PRNewswire/ — The “Global Space Power Electronics Market by Device Type (Power Discrete, Power Module, Power IC), Application (Satellites, Spacecraft & Launch Vehicles, Space Stations, Rovers), Platform, Voltage, Current, Material and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The Space power electronics market is projected to …

April 29, 2022 – “Crypto” continues its reign as the newest and hottest form of investing. It has drawn significant attraction among millennials, or those individuals aged 27-41, where most millionaires in this generation have invested a bulk of their wealth. In order to keep up with this investment movement, it is imperative that estate …

MUMBAI : Through its joint venture with India’s largest lender State Bank of India (SBI), Hitachi Payment Services Pvt. Ltd, the wholly-owned subsidiary of Japan’s Hitachi Ltd, has been running back-end operations for a million point-of-sale (PoS) terminals, apart from another 700,000 terminals with other acquirers. It has also been working on the acceptance network …

A World Coin News reader recently reacted to the European Union’s announcement the EU will redesign its bank notes by saying, “I think the less changes to notes and coins, the better it is for commerce and general perception of stability,” adding, “predictability of looks and feel of the U.S. dollars or Swiss coinage seem …