israel Archives - Elite Sites

‘Fintech’ expansion lures foreign banks to Israel

December 16, 2015 admin better-solution, broader-efforts, china, employee-works, flow, hospitality, israel, possibility, sawitta, southeast, the-hospitality, the-possibility, venture-capital, works-at-citi

By Tova Cohen TEL AVIV (Reuters) – A five-minute chat with an executive from Israeli start-up MyCheck was enough to spark the interest of Mariano Belinky, managing partner at Banco Santander's venture capital division. After more formal follow-up meetings, the Spanish bank made its first foray into Israel, investing an undisclosed sum in MyCheck, which develops customized mobile payment apps for restaurant chains such as The Cheesecake Factory. With many clients in the hospitality sector, Santander was intrigued by the possibility of providing “a new and better solution for our clients,” Belinky told Reuters at a financial technology (fintech) event hosted by Santander in Tel Aviv last month.

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Australia banks agree Android Pay deal, Apple Pay still frozen out

December 16, 2015May 15, 2017 publisher accept-payments, better-solution, broader-efforts, california, first-half-2016, flow, giant-struggles, israel, mobile-devices, sawitta, the-possibility, westpac-banking

By Swati Pandey SYDNEY (Reuters) – Big Australian banks have agreed to accept payments made on mobile devices using Google Inc's Android Pay, leaving Apple Inc's rival Apple Pay system out in the cold as the tech giant struggles to coax lenders to accept its terms. Banks including Westpac Banking Corp , ANZ Banking Group and Macquarie will accept contactless payments via Android smartphones when Google rolls out the service in first-half 2016, the tech giant said on Wednesday.

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President Xi says China will guarantee foreign companies’ legal rights

December 16, 2015 creative conference, country, despite-china, israel, long-as-china, speaks-during, the-opening, warmly-welcome, westpac-banking, world

By Paul Carsten WUZHEN, China (Reuters) – China will guarantee foreign companies' legal rights, President Xi Jinping said on Wednesday at the country's second annual World Internet Conference in Wuzhen. “Safeguarding the legal rights of foreign-invested businesses will not change,” said Xi

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Israeli jailed for Madonna album hack

July 9, 2015 creative amazon-comsince, bargain-at-tel, chief-executive, committed-last, deal-valuing, get-offers, israel, latest, madonna, rebel-heart, said-the-novel, talent-manager, thursday

A former contestant in Israel’s version of “American Idol” was jailed for 14 months on Thursday for selling demo tracks he stole from Madonna’s latest album by hacking into the email and cloud accounts of people close to the singer. Under a plea bargain at Tel Aviv Magistrate’s Court, Adi Lederman confessed to computer trespassing and infringement of privacy and property rights in connection with the offences, committed last year