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(14 April 2010 – Global) JP Morgan's Worldwide Securities Services business has announced the launch of its DerivClearTM, a centralised OTC derivatives platform supporting its Global Derivatives Services business.
(9 April 2010 – Global) PayPal has claimed that its PayPal Mobile iPhone app has been downloaded one million times in less than three weeks, claiming consumers are ready to live a cash-free culture.
(29 March 2010 – Global) A new application has been added to the iPhone’s ever growing list, however not all applications need government approval like My Eyes Only, where users can store important documents including bank account details and even passwords.
(25 March 2010 – Global) Despite the Payment Services Directive (PSD) becoming law in November 2009 and the launch of the single euro payments area (SEPA) direct debit scheme at the same time, a Payments Survey conducted by Travelex has revealed that 45 percent of respondents do not believe that harmonisation of European payments is in fact a reality, gtnews reported.
(18 March 2010 – Global) Diners Club International, a business unit of Discover, has signed a merchant acquiring agreement with Global Payments Direct, a subsidiary of Global Payments giving the card provider global reach.
(17 March 2010 – Australia) The chief executive officer of Online Business Network Ecademy, Thomas Power, has said that Facebook has the potential to wipe out the traditional banking industry if it moves aggressively into the peer-to-peer lending market.
(10 March 2010 – Global) The International Payments Framework Association (IPFA) has been launched to provide business rules, standards and operating procedures to improve non-urgent cross boarder credit transfers by establishing a contractual framework.
(9 March 2010 – Global) 93.5 percent of Iceland's voters on Saturday rejected a US$5.3 billion (A$5.8 billion) plan to pay off Britain and the Netherlands for debts created by the collapse of an Icelandic Internet bank but an agreement could still be reached with in a matter of weeks.
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