Fake Currency Detection In Banks Swell To Maximum In Eight Years

New Delhi: Counterfeit currency detection instances in the country’s banking channels have seen an all time increase in the last eight years at over 3.53 lakh instances, according to a latest government report. All banks, either public sector, private and foreign banks in the country, are mandated to report such instances to the Financial Intelligence More...

by Loknath Das | Published 1 week ago
By Loknath Das On Wednesday, June 14th, 2017
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Bundesbank’s Weidmann warns of digital currency risks

Share on Twitter (opens new window) Share on Facebook (opens new window) Share on LinkedIn (opens new window) Save 2 HOURS AGO by: Claire Jones Germany’s top central banker has warned of the dangers More...

By Loknath Das On Thursday, June 8th, 2017
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Allied Wallet Announces Multi Currency Credit Card Processing

London, UK (September 25, 2008) – Andy Khawaja, founder and CEO of Allied Wallet recently announced an advanced online credit card processing service in multiple foreign currencies. This move has been initiated More...

By Loknath Das On Thursday, June 8th, 2017
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ETA Launches Digital Currency Showcase at TRANSACT 15

WASHINGTON, Feb. 2, 2015 /PRNewswire-USNewswire/ — The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, today announced new digital currency More...

By Loknath Das On Thursday, June 8th, 2017
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How To Deal With The Extra Cost of Chinese Currency Fluctuations

It’s the Chinese New Year, and 2014 is the year of the Horse. If your small business works with Chinese companies, there are some things to know. Although we often think of Chinese currency as the Yuan, the official More...

By Loknath Das On Thursday, June 8th, 2017
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Qatari currency at weakest since ’98; peg under ‘unprecedented pressure’

  Save 3 HOURS AGO by: Nicholas Megaw The Qatari riyal fell to its weakest level in almost two decades on Thursday morning, straining the central bank’s currency peg as the government’s More...

By Loknath Das On Monday, June 5th, 2017
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Morgan analysts boost euro forecast; see currency at $1.18 by year-end

  Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional More...

By Loknath Das On Saturday, June 3rd, 2017
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LESS BANG FOR YOUR BUCK Currency experts warn the pound will hit £1 to €1 this year – here’s how to get the best travel money rate

  Strategists from HSBC, David Bloom and Daragh Maher, have predicted that £1 will be worth just €1 and $1.20 for £1 by the end of the year, according to a note seen by Business Insider. But the market More...

By Loknath Das On Wednesday, May 31st, 2017
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Theresa May loses her shine with the currency market

Please use the sharing tools found via the email icon at the top of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email [email protected] to buy additional More...

By Loknath Das On Thursday, May 25th, 2017
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Central bankers unveil code to crack down on currency market rigging

The architects of a new code of conduct that aims to clean up the global foreign exchange markets have conceded it will do little to stop currency traders who are intent on breaking the rules and manipulating More...