JCC Payment Systems, the credit card clearing house owned by the banks, has launched JCCsmart, its e-commerce service that hopefully will boost electronic shopping on the island. For the first time, thousands
Bank of Cyprus has launched a new service called Praxis aimed at offering business clients a 24-hour service. By using Praxis, clients can apply online for letters of credit, bills of collections
A variant of the Sober worm disguised as an email from the intelligence agencies is threatenning computers, according to a report on RedHerring.com. The Sober email worm that first struck in 2003
JCC Payment Systems (JCC), the bank owned credit card clearing monopoly was charged CYP 373.374.49 by the Price Competition Commission for abusing its dominant position in the market and for overcharging its
Mood of optimism also in big business The government expects economic growth to exceed 4% for five years running, according to the leaked latest annual Convergence Programme submitted to the European Commission,
Two of the island’s leading advertising agencies, Telia & Pavla/BBDO and Ekkeshi Consultants, are joining forces to create a new “below the line” company to provide professional marketing and promotional services. The
Societe Generale Cyprus is offering investor loans to thousands of Bank of Cyprus shareholders to help them exercise their rights into shares during the December 13-19 conversion period. The BOC rights (BCRI),
Economy also catching up Land prices in northern Cyprus have rocketed by 172% in two years and prices of housing units have leapt 36%, according to research carried out by S. Platis
Laiki Bank, reporting its results on Friday, is seen lifting nine month profits by 77.5% year-on-year to an average of CYP 28.4 mln compared to CYP 16 mln in the same period
