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UAE Exchange Centre's 3,000 Odd Employees Hope a Finablr Takeover | Century Financial
Odd employees of UAE Exchange Centre are starting to see a flicker of hope about their future after a takeover bid was made for its holding company, Finablr.
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Indian Tycoon BR Shetty Demands CBI Probe In $6 Billion Scandal: Report Businessman BR Shetty is also facing a criminal complaint in Abu Dhabi. Mumbai/Dubai: Businessman BR Shetty has filed a complaint with investigative agencies seeking a probe into two former top executives of his companies and two banks related to a multi-billion dollar financial scandal engulfing his group.
Finablr To Investigate Potential Wrongdoing
Finablr To Investigate Potential Wrongdoing
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After discovering over $1 billion in hidden debt in May, Finablr has hired law firm Skadden to investigate potential theft and wrongdoing in the company.
Finablr revealed two months ago that the company’s overall debt was about $1.3 billion, significantly higher than the $334 million initially reported last March.
Skadden, Arps,…
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Travelex owner Finablr prepares for insolvency Finablr, the company which owns Travelex, has asked advisers to prepare for possible insolvency after it emerged that the company had issued $100 million (£81 million) worth of undisclosed cheques.
Travelex Says UK Money Transfer and Wire Services Back Online After Hack
Travelex Says UK Money Transfer and Wire Services Back Online After Hack
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Travelex’s UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges.
The cyber-attackforced the company to take all its systems offline, causing chaos for New Year holidaymakers and business travellers seeking online…
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Finanblr and Alipay Partner to Strengthen Financial Solutions on Ant Blockchain
Finanblr and Alipay Partner to Strengthen Financial Solutions on Ant Blockchain
Finablr, a listed UK entity and Ripple partner, is teaming up with Alipay to explore interoperable payments between users of the two platforms. The partnership will greatly improve Alipay’s reach given Finablr’s network of nearly 170 countries. Ledger Insights reports that the interoperability between the two platforms will be enabled by Ant Financial’s blockchain, NovemberRead More
https://btcmanager.com/finanblr-alipay-financial-solutions-ant-blockchain/?utm_source=Tumblr&utm_medium=socialpush&utm_campaign=SNAP
RippleNet Partner Finablr Forms Partnership with Alipay
RippleNet Partner Finablr Forms Partnership with Alipay
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A number of companies that partnered with Ripple’s have already registered significant progress in 2019. Finablr, a remittance payment system powered by RippleNet is one of those enterprises. Incorporation of On-Demand Liquidity (ODL) solution provided by Ripple, saw the company revenue rise to $183 million. In other words, Finablr’s earnings in 2019 have grown by more than 20% compared…
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RippleNet Partner Finablr Forms Partnership with Alipay
RippleNet Partner Finablr Forms Partnership with Alipay
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A number of companies that partnered with Ripple’s have already registered significant progress in 2019. Finablr, a remittance payment system powered by RippleNet is one of those enterprises. Incorporation of On-Demand Liquidity (ODL) solution provided by Ripple, saw the company revenue rise to $183 million. In other words, Finablr’s earnings in 2019 have grown by more than 20% compared…
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