MasterCard and Samsung Electronics Co., Ltd announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies. Continue reading…

Mr. Lee Stewart, a former trader at Rabobank has been banned by The Financial Conduct Authority for lacking honesty and integrity following a criminal conviction for fraud in the USA. Continue reading…

Michel Klompmaker

Russia is one of the world’s economic powerhouses, home to many multinational corporations (MNCs) and set to enact a new, very specific data management law this year. From September 1st 2015, law #242 will come into force, affecting existing laws #149, #152 and #294 respectively, all of which focus on data, information and its protection and confidentiality of Russian Citizens.

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The European Central Bank signed a memorandum of understanding (MoU) with European industry associations, banknote equipment manufacturers and other partners. This strengthens the ECB’s Partnership Programme, which contributed to the smooth introduction of the new €10 banknote in 2014. Continue reading…

LeasePlan Corporation N.V., a global leader in fleet management and driver mobility, today announces that it has been informed by its current 100% shareholder Global Mobility Holding B.V. (a joint venture of Volkswagen Aktiengesellschaft and Fleet Investments B.V.) that it has reached an agreement with a consortium of long-term investors (“the Consortium”) to acquire full ownership of LeasePlan. Continue reading…

Ralph C. Losey and Markus Hartung will be the Keynote Speakers for the LawTech Europe Congress in Brussels. Ralph’s position as lead eDiscovery attorney in the landmark case “Da Silva Moore” and his passion for artificial intelligence as well as Markus’ revealing 2014 study on the future of the legal industry will enhance delegates experience at this conference. Continue reading…

Some days after the agreement paving the way for a new support programme for Greece, the European Commission revealed plans to help Greece maximise its use of EU funds. As mandated by the Euro Summit on 12/13 July, this will help mobilise more than €35 billion up to 2020 to support the Greek economy, provided that the conditions agreed upon by the Euro Summit will be met. Continue reading…

From mid-August on the German-language site will be live of your Risk & Compliance Platform Europe live. This is the fourth language added to our European Platform. Continue reading…

The euro was increasingly used as a funding currency by international borrowers in 2014 and early 2015, compared with the previous review period, while the share of the euro in foreign exchange reserves remained broadly stable. These are among the main findings of the report on “The international role of the euro”, which examines developments in the use of the euro by non-euro area residents in 2014 and early 2015 and was published today by the European Central Bank (ECB). Continue reading…

Policyholders should be willing to pay higher insurance premiums for contract certainty, according to an Airmic report on the importance of business-critical insurance launched at its annual conference. Produced in conjunction with PwC, it urges policyholders and insurers to raise awareness at board level of the strategic value of certain types of insurance. Continue reading…