Laiki Bank launched its SMS Banking service, offering clients the opportunity to transact over their mobile phones. Laiki customers can pay utility bills, transfer money to designated accounts, access information about their accounts by using their mobile phones. Laiki SMS Banking is the result of a research programme funded by the EU through the Cyprus

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 and letters of guarantee and access information on their commercial transactions from the comfort of their offices. Praxis is a system that abolishes

George Pavlides, Managing Director of the General Motors/Opel dealership Geo. Pavlides & Araouzos and Chairman of the WRC Cyprus Rally organising committee, died Thursday of a heart attack at the age of 60. Pavlides was first elected president of the Cyprus Automobile Association in 1993 and remained active in the fields of motorsport and lobbying

A Belgrade court has sentenced a man to 12 years in prison, in the first-ever Internet-based paedophile case in Serbia, local media reported Thursday. Jugoslav Stefanovic, 38, was sentenced for sexual abuse of minors, which he taped and photographed for sale on the web. He confessed to all charges, so the trial lasted just a

Laiki Bank launched its SMS Banking service, offering clients the opportunity to transact over their mobile phones. Laiki customers can pay utility bills, transfer money to designated accounts, access information about their accounts by using their mobile phones. Laiki SMS Banking is the result of a research programme funded by the EU through the Cyprus

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 of credit card users have the ability to pay their utility bills and shop online in a secure environment, saving time and money.

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 and letters of guarantee and access information on their commercial transactions from the comfort of their offices. Praxis is a system that abolishes