Money, Inflation, and Debt
Washington, D.C., Nov 11, 2021 – (ACN Newswire via SEAPRWire.com) – Congress just passed a $1.2 trillion spending package, aimed at mending the US roads and transport infrastructure. Democrats claim the bill pays for itself through a variety of sources without raising taxes. But the Congressional Budget Office reported that the bill would add $256... » read more
71 arrested for conducting job scams, 29 to be charged over money mule activities
SINGAPORE – A total of 71 people, aged between 16 and 62, were arrested over the past four days for their suspected involvement in perpetrating job scams, said the Singapore Police Force (SPF) in a statement on Thursday (Sept 23). Separately, another 29 people will be charged in court on Friday (Sept 24) over money mule... » read more
Tennis: US Open to offer record overall purse, winners’ payout down
NEW YORK (REUTERS) – The US Open will offer total prize money of US$57.5 million (S$78.04 million) this year, eclipsing the record payout of US$57.2 million set in 2019, tournament organisers said on Monday (Aug 23). The event was held without spectators last year, with the United States Tennis Association (USTA) lowering the prize money... » read more
Ozan Electronic Money Turkey Joins Forces With Albaraka Turk, One of Turkey’s Most Well-Known Banks
ISTANBUL, TURKEY, Feb 25, 2021 – (ACN Newswire) – Insha Ventures, a subsidiary of Albaraka Turk, is by many considered Turkey’s first fintech venture builder. Now it is joining forces with Ozan Electronic Money Turkey, which offers next generation financial services to individuals and businesses. The strategic open banking cooperation integrates Albaraka API Platform infrastructure... » read more
Ozan Electronic Money Turkey Join Forces With Albaraka Turk, One of Turkey’s Most Well-Known Banks
ISTANBUL, TURKEY, Feb 25, 2021 – (ACN Newswire) – Insha Ventures, a subsidiary of Albaraka Turk, is by many considered Turkey’s first fintech venture builder. Now it is joining forces with Ozan Electronic Money Turkey, which offers next generation financial services to individuals and businesses. The strategic open banking cooperation integrates Albaraka API Platform infrastructure... » read more
MAS to stop issuing $1,000 notes over money laundering, terrorism financing concerns
SINGAPORE – The Monetary Authority of Singapore (MAS) will stop issuing the $1,000 note from January next year to minimise the money laundering and terrorism financing risks associated with such a large denomination. From now till January, the MAS will also limit the quantity of $1,000 notes issued each month, although banks can continue recirculating the... » read more