Password Practice to Adopt

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Here are 5 easy tips to help keep your accounts safe.

  • Use different passwords for your email, online banking, etc. Re-using passwords is risky, you run the risk of someone gaining access to all your information by just using one password.
  • Use a mix of numbers, symbols, upper and lower case letters in your password to make it harder for someone to guess.
  • Create a unique password that’s unrelated to your personal information and uses a combination of letters, numbers, and symbols.
  • Make sure you have your information up-to-date, so that you can receive emails in case you need to reset your password. If possible, add a recovery phone number to receive password reset codes via text message.
  • Don’t leave notes with your passwords and the corresponding site where people can easily see them and use them to compromise your accounts. If you choose to save passwords in a file on your computer, create a name for the file that won’t give it away.

iFX EXPO International

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The largest financial B2B expo is set to start next week in Limassol, Cyprus.

Kicking off the expo with a welcome party on May 23, at LA ISLA BEACH BAR, the following 2 days will feature over 50 Speakers. This is the perfect opportunity to expand your network, with more than 100 companies attending the event. Anyone capable of attending will experience what looks to be one of the best possible expo of the year.

For those interested, below is a look at the Agenda.

 

Day 1 – May 24

  • What are Digital Assets and Demo of BlockEx Platform – WORKSHOP ( BlockEx )
  • Empowering Forex using Microsoft Cloud Technologies – WORKSHOP ( PLUGIT )
  • Where is Retail FX Heading? – PANEL
  • MetaTrader 5 taking the market – what’s next – WORKSHOP ( METAQUOTES )
  • Regulation, Regulation, Reputation – PANEL
  • FOREX BROKER? LET’S TALK AUTOMATION! – WORKSHOP ( OSYS )
  • The key to all Brokers success – Serious Tools for Serious Traders – WORKSHOP ( CLAWS&HORNS )
  • Online Payments: How to increase your revenues and enhance customer experience – WORKSHOP ( FIBONATIX )
  • Optimizing customers` retention and profit growth through right payment technology – WORKSHOP ( DECTA )
  • AI & Automation in the Trading Eco-System – Are We There Yet? – PANEL
  • Mastering in local payment solutions – WORKSHOP ( ZOTAPAY )
  • Topic in Focus: Liquidity – ROUNDTABLE
  • Digital Contract – The new breakthrough regulative solution – WORKSHOP ( SPOTOPTION )
  • How the internet and affiliation systems revolutionised the diamond industry – WORKSHOP ( HELLO GROUP )
  • Looking at FX Trends on Google and Beyond – KEYNOTE
  • Processes automation in multi-asset platform – WORKSHOP ( PROTRADER )
  • Payments processing and its discontents – ROUNDTABLE

 

Day 2 – May 25

  • How to approach the 4AMLD, before it’s too late – WORKSHOP ( ISIGNTHIS )
  • The Marketing Funnel Revisited: Content, Deposits, Retention – PANEL
  • Intelligence: Your Compass for Navigating in Turbulent Industry Waters – WORKSHOP ( FINANCE MAGNATES )
  • Setting Up in Cyprus: Everything You Need To Know – PANEL
  • CRM as a Growth Strategy – WORKSHOP ( OPTIMOVE )
  • Big Data Era in FinTech – WORKSHOP ( IMPACTECH )
  • Clear History – How To Manage Your Online Footprint – WORKSHOP ( David Malits )
  • Avoiding the Panic: How to work legally from international centers abroad – WORKSHOP ( TAL RON & CAPPITECH )
  • The Fintech story – How mobile is transforming the finance industry – KEYNOTE
  • Liquidity aggregation and management – beyond tight spreads – WORKSHOP ( DIVISA CAPITAL )
  • Are you ready for 2018? It’s time for the Evolution of Trading Products – Keynote ( SPOTOPTION )
  • Affilaite marketing for Bokers. Basics, trends and tips – WORKSHOP ( CELLXPERT )
  • Industry at crossroads: Keynote speech by CySEC Head , Demetra Kalogerou – KEYNOTE

Bitcoin Value Drops

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Recent cyber attacks have affected Bitcoin performance, causing a drop in trade value.

One of the suspected culprits is a a randsomware name WannaCry. This computer worm has spread worldwide, with about 150 countries, and Europol estimating around 200,000 computers being infected since its release in May 12, 2017.
Once infected, the computer files are encrypted and a prompt demanding payment fo $300 in bitcoin within 3 days or double on the 4th day. It is believed that as of 16 May 2017 at 12:00 UTC, a total of 238 payments and $65,970.35 in bitcoin had been transferred with no one recovering their information
The second cause for the drop in Bitcoin is attributed to expectations that withdrawal restrictions in Bitfinex exchange will soon be lifted. Analyst speculate this has caused Chinese trading volume to drastically increase its share, from 8.2 percent on May 1 to 22.8 percent Monday.
It is important to note that even with the resent decline, this volatile currency had doubled in value since March.

Macron takes 66% to Le Pen’s 34%

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For anyone not to date on the French Election, briefly sent the euro to a six-month high against the dollar, as markets reacted to the victory by the pro-EU candidate.

Mr. Macron promises is to overhaul the labor market, simplify the tax and pension system. It is an important time for the French Economy as they try to recover from rising unemployment and diminishing competitiveness.
Macron new plan is stated to correct the causes of France economic troubles and many independent economist agree it can accomplish this goal.
Without going into much detail:

  • 35-hour workweeks will remain with firms negotiating deals with their employees on working hours and pay.
  • Slowly unify pension plans and have payouts tied to contributions people pay in during their working lives.
  • Cut corporate tax rates.

Even with necessary backing, it is important to note that this new strategy will not have immediate results. This slow buildup could be linked to Macron wishing to reduce the risk of street protest but has many feeling the result will come to late to help the economy.

Emmanuel Macron also plans for France to remain in the eurozone. He has plans in place requiring German support and backing to help reform the eurozone. This plan is pending German elections, so at the moment he is focusing on domestic policies.