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Trondheim toll scheme
Trondheim Toll Scheme or Trondheim Package (Norwegian: Trondheimspakken) was the result of that in the 1980s politicians and road authorities in Trondheim Municipality, Norway wanted to accelerate the investments in roads and motorways around the city through an investment package and toll scheme to ease construction and generate more funds. Between 1991 and 2005, there were more than 24
Trading basicsTroubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George W. Bush. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.
FinanceTrust company
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.
FinanceTrustco Bank Namibia
Trustco Bank Namibia Ltd., formerly the FIDES Bank Namibia, was a commercial bank in Namibia owned by Trustco Group Holdings. Its main commercial activity was to provide microfinancing services.
Payments & settlementTSYS
Total System Services, Inc. (TSYS) is an American financial technology company based in Columbus, Georgia, that provides payment processing services, merchant services and related payment services. It also provides reloadable prepaid debit cards and payroll cards, and demand deposit accounts to the underbanked.
Trading basicsTuloy Foundation
The Tuloy Foundation, Inc. is a Philippine charitable organization focused on the marginalized youth. It was founded in 1993 by Marciano G. Evangelista of the Salesians of Don Bosco.
FinanceTurkey and the World Bank
The World Bank Group (WBG) has been lending aid and providing means of promoting development to Turkey since July 1950, which began with the implementation of a series of port construction and development projects meant to ignite commercial economy and cultivate stability within the region. These established ports have been integral to the development and success of economic growth and
FinanceTurkish economic crisis (2018–current)
The Turkish economic crisis (Turkish: Türkiye ekonomik krizi) is a financial and economic crisis in Turkey. It is characterized by the Turkish lira (TRY) plunging in value, high inflation, rising borrowing costs, and correspondingly rising loan defaults. The crisis was caused by the Turkish economy's excessive current account deficit and large amounts of private foreign-currency denomina
FinanceTurquoise (trading platform)
Turquoise is an equities trading platform (multilateral trading facility or MTF), created by nine major investment banks in 2008. The aim was to provide dealing services at a 50% discount to traditional exchanges. It is a hybrid system that allows trading both on and off traditional exchanges. The system was advertised as a "pan-European platform based in London".
Trading basicsTuvaluan dollar
The Tuvaluan dollar is one of the currencies of Tuvalu, whose unofficial international currency code is TVD. Tuvalu has never had banknotes of its own, and has been issuing coins since 1976. However, the Tuvaluan dollar is used as a unit of account, and is pegged to the Australian dollar (the other currency of Tuvalu) at parity. From 1966 to 1976, Tuvalu officially used the Australian do
FinanceTwin crises
In economics, twin crises, also called a balance of payments crisis, are simultaneous crises in banking and currency. The term was introduced in the late 1990s by economists Graciela Kaminsky and Carmen Reinhart after several such crises worldwide.
Payments & settlementTWINT
Twint is a Swiss mobile payment system rolled out nation-wide in 2017. As of 2024, Twint has become ubiquitous in Switzerland, with many stores accepting Twint payments and nearly all banks taking part in the payment system. The app was developed by Monexio, a wholly owned subsidiary of PostFinance, beginning in 2014.
Trading basicsTypes of e-commerce
There are many types of e-commerce models, based on market segmentation, that can be used to conduct business online. The 6 types of business models that can be used in e-commerce include: Business-to-Consumer (B2C), Consumer-to-Business (C2B), Business-to-Business (B2B), Consumer-to-Consumer (C2C), Business-to-Administration (B2A), and Consumer-to-Administration
Fiat currenciesU.S. Dollar Index
The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" (value) when compared to other currencies.
Trading basicsUAE Exchange
UAE Exchange (Arabic: مركز الإمارات العربية المتحدة للصرافة; Markaz Al'Imarat Alearabiat Almutahidat Lilsarafa) was a United Arab Emirates-based company dealing primarily in remittance, foreign exchange and bill payment services.
Trading basicsUbiquitous commerce
Ubiquitous Commerce also known as U-Commerce, u commerce or uCommerce (not 'U.Commerce'), refers to a variety of goods and/or services. Sometimes, it is used to refer to the wireless, continuous communication and exchange of data and information between and among retailers, customers, and systems (e.g., applications) regardless of location, devices used, or time of day.
BankingUBS tax evasion controversies
The Swiss investment bank and financial services company, UBS Group AG, has been at the center of numerous tax evasion and avoidance investigations undertaken by U.S., French, German, Israeli, and Belgian tax authorities as a consequence of their strict banking secrecy practices.
FinanceUgly Americans (book)
Ugly Americans: The True Story of the Ivy League Cowboys Who Raided the Asian Markets for Millions is a book by Ben Mezrich that recounts the exploits of an American called John Malcolm (a pseudonym) arbitraging index futures in Japan in the 1990s. The book was released on May 4, 2004 by William Morrow and Company.
Trading basicsUK Asset Resolution
UK Asset Resolution (UKAR) is a British financial services holding company with headquarters in the West Yorkshire village of Crossflatts (near Bradford & Bingley's former headquarters in Bingley). It was established in October 2010 as a bad bank to hold the two run-off elements, Bradford & Bingley (including the Mortgage Express brand) and NRAM plc (previously known as Northern Rock Ass
Trading basicsUK Financial Investments
UK Financial Investments (UKFI) was a limited company set up in November 2008 and mandated by the UK government to manage HM Treasury's shareholdings in Lloyds Banking Group, the Royal Bank of Scotland Group and UK Asset Resolution. UKFI ceased trading in March 2018, and its business and assets were transferred to UK Government Investments.
Trading basicsUK Government Investments
UK Government Investments (UKGI) is a company owned by the United Kingdom government which combines the former functions of the Shareholder Executive and UK Financial Investments. UKGI manages a portfolio of businesses, including Channel Four Television Corporation and previously NatWest Group.
Trading basicsUkash
Ukash was a UK-based electronic money system that allowed users to exchange their cash for a secure code to make payments online. It was acquired by Skrill Group in April 2014 and merged into Austrian competitor paysafecard, acquired by Skrill a year earlier. All existing vouchers expired after 31 October 2015. Remaining ones could be exchanged into paysafecard PINs, in May 2016 paysafec
FinanceUnbanked
The unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for their financial needs, where these are available.
Trading basicsUnbound (nonprofit organization)
Unbound, formerly Christian Foundation for Children and Aging, is a nonprofit international development organization headquartered in Kansas City, Kansas. Unbound was founded by lay Catholics acting on the Gospel call to serve poor families and the elderly. Its sponsorship program provides direct cash transfers to sponsored members who determine how to use their cash benefits to meet the
Trading basicsUndercapitalization
Under-capitalization refers to any situation where a business cannot acquire the funds they need. An under-capitalized business may be one that cannot afford current operational expenses due to a lack of capital, which can trigger bankruptcy, may be one that is over-exposed to risk, or may be one that is financially sound but does not have the funds required to expand to meet market dema
Trading basicsUndertakings for Collective Investment in Transferable Securities Directive 2009
The Undertakings for Collective Investment in Transferable Securities Directive (Directive 2009/65/EC, "UCITS") is a directive of the European Union (EU) that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements for the benefit of inve
Securities & exchangesUnderwriting
Underwriting (UW) services are provided by some large financial institutions, such as banks, insurance companies and investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issues of security in a
Trading basicsUnderwriting profit
Underwriting profit, also called underwriting income, is the profit an insurer makes from underwriting activities after claims and underwriting expenses are accounted for, excluding any investment income.
Trading basicsUnderwriting spot
An underwriting spot, also known as sponsor credit, is an announcement made on public broadcasting outlets, especially in the United States, in exchange for funding. These spots usually mention the name of the sponsor, and can resemble traditional television advertisements in commercial broadcasting to a limited extent; however, under the terms of a public broadcaster's license from the
Trading basicsUnearned increment
Unearned increment is an increase in the value of land or any property without expenditure of any kind on the part of the proprietor; it is an early statement of the notion of unearned income. It was coined by John Stuart Mill, who proposed taxing it so that it benefits every member of a society.
Trading basicsUnicorn (finance)
In business, a unicorn is a startup company valued at over US$1 billion which is privately owned and therefore its company shares are not publicly listed. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.
Trading basicsUnicorn bubble
A unicorn bubble is a theoretical economic bubble that would occur when unicorn startup companies are overvalued by venture capitalists or investors. This can either occur during the private phase of these unicorn companies, or in an initial public offering. A unicorn company is a startup company valued at, or above, $1 billion US dollars.
BankingUnified Payments Interface
Unified Payments Interface (UPI) is an Indian instant payment system and protocol developed by the National Payments Corporation of India (NPCI) in April 11th 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. It is used on mobile devices to instantly transfer funds between two bank accounts using only a unique UPI ID. It runs as an o
Securities & exchangesUniform Symbology
Uniform Symbology (also known as UMTF), in the context of European financial markets, refers to a common scheme to refer to securities ("symbols"), adopted by European markets in 2008. The original announcement reads as follows:
BankingUnionPay
UnionPay (Chinese: 银联; pinyin: Yínlián), also known as China UnionPay (Chinese: 中国银联; pinyin: Zhōngguó Yínlián) or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China. Founded on 26 March 2002, China UnionPay is an association fo
FinanceUnisys
Unisys Corporation is an American technology company founded in 1986 and headquartered in Blue Bell, Pennsylvania. The company provides cloud, AI, digital workplace, logistics, and enterprise computing services.
Trading basicsUnit of account
In economics, unit of account, sometimes called currency unit or monetary unit, is a standard unit of measurement of the market value of goods, services, and other transactions. Also known as a measure of relative worth and a standard of deferred payment, a unit of account is a necessary prerequisite for the formulation of commercial agreements that involve debt.
Trading basicsUnited Arab Emirates dirham
The Emirati dirham (symbol: ; currency code: AED; ;) Arabic: درهم إماراتي, abbreviation: د.إ in Arabic, Dh; is the official currency of the United Arab Emirates. Each dirham is subdivided into 100 fulus (singular is "fils"). It is pegged to the United States dollar at a constant exchange rate of approximately 3.67 AED to 1 USD. In March 2025, the UAE Central Bank announced the creation o
FinanceUnited Kingdom cost-of-living crisis
In late 2021, the prices of many essential goods in the United Kingdom began increasing faster than household incomes, resulting in a fall in real incomes. The phenomenon has been termed a cost-of-living crisis. It is due in part to the economic impact of the COVID-19 pandemic, including a global surge in inflation, wage stagnation attributed to the Conservative Party's austerity program
Trading basicsUnited Kingdom government austerity programme
The United Kingdom government austerity programme was a fiscal policy that was adopted for a period in the early 21st century following the era of the Great Recession. Coalition and Conservative governments in office from 2010 to 2019 used the term, and it was applied again by many observers to describe Conservative Party policies from 2021 to 2024, during the cost of living crisis. With
FinanceUnited Kingdom insolvency law
United Kingdom insolvency law regulates companies in the United Kingdom which are unable to repay their debts. While UK bankruptcy law concerns the rules for natural persons, the term insolvency is generally used for companies formed under the Companies Act 2006. Insolvency means being unable to pay debts. Since the Cork Report of 1982, the modern policy of UK insolvency law has been to
FinanceUnited States as a tax haven
In 2010, the United States implemented the Foreign Account Tax Compliance Act; the law required financial firms around the world to report accounts held by US citizens to the Internal Revenue Service.
FinanceUnited States Department of the Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States. It is one of 15 current U.S. government departments. The treasury executes currency circulation in the domestic fiscal system, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt, licenses and supervises banks and
Fiat currenciesUnited States dollar
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States (U.S.) and several other countries. The U.S. Coinage Act of 1792 established the dollar as the base unit, with each dollar divided into 100 cents (symbol: ¢). U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green col
FinanceUnited States House Committee on Financial Services
The United States House Committee on Financial Services, also referred to as the House Banking Committee and previously known as the Committee on Banking and Currency, is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking and housing industries. The Financial Services Committee als
Securities & exchangesUnited States securities regulation
Securities regulation in the United States is the field of U.S. law that covers transactions and other dealings with securities. The term is usually understood to include both federal and state-level regulation by governmental regulatory agencies, but sometimes may also encompass listing requirements of exchanges like the New York Stock Exchange and rules of self-regulatory organizations
FinanceUnited States Senate Committee on Banking, Housing, and Urban Affairs
The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency), also known as the Senate Banking Committee, has jurisdiction over matters related to banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes
FinanceUnited States Senate Committee on Finance
The United States Senate Committee on Finance (or, less formally, Senate Finance Committee) is a standing committee of the United States Senate. The committee concerns itself with matters relating to taxation and other revenue measures generally, and those relating to the insular possessions; bonded debt of the United States; customs, collection districts, and ports of entry and delivery
Trading basicsUnited States v. Banki
In United States v. Banki, 685 F.3d 99 (2nd Cir. 2011) the Second Circuit Court of Appeals overturned the conviction of Mahmoud Reza Banki. Banki had been convicted of multiple crimes related to allegedly conspiring to violate United States sanctions against Iran by transferring large amounts of money — totaling some $3.4 million — from Iran to the United States.
FinanceUnited States v. Payner
United States v. Payner, 447 U.S. 727 (1980), is a United States Supreme Court case in which the Court reversed a district court's suppression of evidence in the criminal prosecution of an Ohio businessman charged with tax evasion. The case concerned both issues of criminal procedure and the application of the exclusionary rule derived from the Fourth Amendment. By a 6–3 margin the Court
Fiat currenciesUnited Stock Exchange of India
United Stock Exchange of India Limited, also known as the United Stock Exchange (USE), is an Indian government owned stock exchange. It is the 4th pan-India exchange launched for trading financial instruments in India. USE represents the commitment of 21 Indian public sector banks, private banks, international banks and corporate houses to build an institution of repute. Mr. Gaurav Arora
BankingUnity Trust Bank
Unity Trust Bank plc provides specialist business banking services to trade unions, charities and other organisations that operate in the not-for-profit sector in the United Kingdom and, since 2015, its remit has expanded to include profit-with-purpose businesses. Founded in 1984, head office is located at Four Brindleyplace, Birmingham.
BankingUniversal bank
A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and asset management, trading, underwriting, researc
Trading basicsUnsecured debt
In finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a lien on specific assets of the borrower in the case of a bankruptcy or liquidation or failure to meet the terms for repayment. Unsecured debts are sometimes called signature debt or personal loans. These differ from secured debt such as a mortgage, whic
Trading basicsUpfront (advertising)
An upfront is a gathering at the start of important advertising sales periods, held by network and streaming executives and attended by major advertisers and the media. Where once the Upfronts were all about the television industry, it has expanded to include streaming platforms. It is so named because of its main purpose, to allow marketers to buy television commercial airtime "up front
Securities & exchangesUptick rule
The uptick rule is a trading restriction that states that short selling a stock is allowed only on an uptick. For the rule to be satisfied, the short must be either at a price above the last traded price of the security, or at the last traded price when the most recent movement between traded prices was upward (i.e. the security has traded below the last-traded price more recently than a
Trading basicsUranium market
The uranium market, like all commodity markets, has a history of volatility, moving with the standard forces of supply and demand as well as geopolitical pressures. It has also evolved particularities of its own in response to the unique nature and use of uranium.
Fiat currenciesUSD: Difference Between Fiat Currency and On-Chain Assets
The international currency code for the US dollar is USD. This article covers its definition, mechanisms, verification methods, and common misconceptions.
StablecoinsUSD1: Brand, Token, and Reserve Information
USD1 is a US dollar stablecoin associated with the World Liberty Financial brand. This article introduces its positioning, mechanism, verification checklist, and common misconceptions.
FinanceValuation (finance)
In finance, valuation is the process of determining the value of a (potential) investment, asset, or security.
FinanceValuation of options
In finance, a price (premium) is paid or received for purchasing or selling options.
Trading basicsValuation Office Agency
The Valuation Office Agency was an executive agency of His Majesty's Revenue and Customs until 31 March 2026, at which time it was abolished - scrapped in the Government's press release -with its functions subsumed into HMRC. The terms "Valuation Office(r)" (VO) are still widely used for its functions and staff, although it is no longer an "Agency".
FinanceValuation risk
Valuation risk is the risk that an entity suffers a loss when trading an asset or a liability due to a difference between the accounting value and the price effectively obtained in the trade.
FinanceValue added
Value added is a term in economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed by the supply-demand curve for specific units of sale. Value added is distinguished from the accounting term added value which measures only the financial profits earned upon transformational processes for specif
Trading basicsValue at risk
Value at risk (VaR) is a measure of the risk of loss of investment/capital. It estimates how much a set of investments might lose (with a given probability), given normal market conditions, in a set time period such as a day. VaR is typically used by firms and regulators in the financial industry to gauge the amount of assets needed to cover possible losses.
Trading basicsValue averaging
Value averaging (VA), also known as dollar value averaging (DVA), is a technique for adding to an investment portfolio that is controversially claimed to provide a greater return than other methods such as dollar cost averaging. With the method, investors add to (or withdraw from) their portfolios in such a way that the portfolio balance reaches a predetermined monthly or quarterly targe
Securities & exchangesValue investing
Value investing is an investment paradigm that involves buying securities that appear underpriced by some form of fundamental analysis. Modern value investing derives from the investment philosophy taught by Benjamin Graham and David Dodd at Columbia Business School starting in 1928 and subsequently developed in their 1934 text Security Analysis.
BankingVancity
Vancouver City Savings Credit Union, commonly referred to as Vancity, is a member-owned financial co-operative headquartered in Vancouver, British Columbia, Canada. By asset size, Vancity is the largest community credit union in Canada as of 2019, with CA$28.2 billion in assets plus assets under administration, 60 branches and more than 543,000 members.
FinanceVariable interest entity
A variable interest entity (VIE) is a legal structure defined by the Financial Accounting Standards Board (FASB) for situations where control over a legal entity may be demonstrated through means other than voting rights. A public company with a financial interest in such entities may be subject to certain financial reporting requirements.
BankingVariance swap
A variance swap is an over-the-counter financial derivative that allows one to speculate on or hedge risks associated with the magnitude of movement, i.e. volatility, of some underlying product, like an exchange rate, interest rate, or stock index.
FinanceVaro Bank
Varo Bank is an American neobank headquartered in Salt Lake City, Utah. Launched in 2017, Varo was the first neobank to receive a national bank charter from the Office of the Comptroller of the Currency.
Trading basicsVasicek model
In finance, the Vasicek model is a mathematical model describing the evolution of interest rates. It is a type of one-factor short-rate model as it describes interest rate movements as driven by only one source of market risk. The model can be used in the valuation of interest rate derivatives, and has also been adapted for credit markets. It was introduced in 1977 by Oldřich Vašíček, an
FinanceVAT Audit, Intelligence and Investigation Directorate
VAT Audit, Intelligence and Investigation Directorate (Bengali: ভ্যাট অডিট, গোয়েন্দা ও তদন্ত অধিদপ্তর) is a specialized intelligence agency of the government of Bangladesh under the National Board of Revenue responsible for investigating Value Added Tax fraud. Customs Intelligence and Investigation Directorate and Central Intelligence Cell are the sister agencies of the directorate.
Fiat currenciesVelocity of money
The velocity of money measures how many times one unit of currency is used to purchase goods and services within a given time period. In other words, it represents how many times per period money changes hands, or circulates to other owners in return for valuable goods and services. The concept relates the size of economic activity to a given money supply. The velocity of money is one of
FinanceVendor finance
Vendor finance is a form of lending in which a vendor, instead of a bank or financial institution, lends money to be used by the borrower to buy the vendor's products or property. Vendor finance is usually in the form of deferred loans from, or shares subscribed by, the vendor. The vendor often takes shares in the borrowing company. This category of finance is generally used where the ve
BankingVenezuelan banking crisis of 1994
The 1994 banking crisis occurred in Venezuela when a number of the banks of Venezuela were taken over by the government. The first to fail, in January 1994, was Banco Latino, the country's second-largest bank ($1.3 billion bailout). Later, two banks accounting for 18% of total deposits (Banco Consolidado and Banco de Venezuela) also failed. The crisis led President Rafael Caldera to susp
BankingVenezuelan banking crisis of 2009–2010
The 2009–2010 banking crisis in Venezuela occurred when the government took control of several banks following revelations that institutions owned by supporters of Hugo Chavez supporters were in financial trouble after engaging in questionable business practices. Some were seriously undercapitalized, others were apparently lending large sums of money to top executives, and at least one f
Payments & settlementVenmo
Venmo is an American mobile payment service founded in 2009 and owned by PayPal since 2013. Venmo is aimed at users who wish to split their bills or pay a business. Account holders can transfer funds to others via a mobile phone app. Account holders must be residents of the United States. Venmo also operates as a small social network, as users can observe other users' public transactions
Trading basicsVenture capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equit
FinanceVenture capital in Israel
Venture capital in Israel refers to the financial capital provided to early-stage, high-potential, high risk, growth startup companies based in Israel. The country's venture capital industry was born in the mid-1980s and has rapidly developed. Israel currently has more than 276 active venture capital funds, of which 71 are international VCs with Israeli offices. Israel's venture capital
FinanceVenture capital in the Czech Republic
Venture capital in the Czech Republic refers to activity by private equity investors who finance companies in early stages of development in exchange for an ownership stake. The market's origins date to the early 1990s, when foreign funds began operating in the country following the transition to a market economy after the Velvet Revolution. From the mid-2010s, investment volumes grew, d
Trading basicsVenture capital trust
A venture capital trust or VCT is a tax efficient UK closed-end collective investment scheme designed to provide venture capital for small expanding companies, and income (in the form of dividend distributions) and/or capital gains for investors. VCTs are a form of publicly traded private equity, comparable to investment trusts in the UK or business development companies in the United St
Payments & settlementVerifi
Verifi, Inc. is an American financial technology company that provides dispute management and chargeback prevention tools for card-not-present payments. Founded in 2005 and headquartered in Los Angeles, California, Verifi offers products including Order Insight, Rapid Dispute Resolution (RDR), and the Cardholder Dispute Resolution Network (CDRN) to help merchants, issuers, and acquirers
Payments & settlementVerifone
Verifone, Inc. is an American multinational corporation headquartered in New York City, New York. Verifone provides technology for electronic payment transactions and value-added services at the point-of-sale. Verifone sells merchant-operated, consumer-facing and self-service payment systems to the financial, retail, hospitality, petroleum, government and healthcare industries. The compa
Payments & settlementVersapay
Versapay is a North American financial technology company headquartered in San Francisco, California. Versapay specializes in account receivable software and cash application for midsized businesses. Versapay products include digital invoicing and customer portal, collections management, B2B payment services, cash application, reporting and reconciliation, and ERP integrations. It was li
Securities & exchangesVictor Niederhoffer
Victor B. Niederhoffer (December 10, 1943 – August 4, 2026) was an American hedge fund manager, eight-time U.S. National Squash Champion (five times in singles) and four-time national paddleball champion (twice in singles), bestselling author, and statistician. Born and raised in Brooklyn, New York, after attending public schools there he graduated with a B.A. in Statistics and Economics
Payments & settlementVipps
Vipps is a Norwegian mobile payment application designed for smartphones originally developed by DNB. Vipps was released May 30, 2015 and, having reached 1 million users by November 5, 2015, Vipps became Norway's largest payment application. Although Vipps was developed by DNB, customers of any Norwegian bank can use it. Vipps is a member of the European Mobile Payment Systems Associatio
FinanceVirág Blazsek
Virág Blazsek (born February 2, 1980) is a Hungarian and U.S.-trained legal scholar known for her research on financial regulation, bank bailouts, and corporate insolvency.
Securities & exchangesVIX
VIX is the ticker symbol and popular name for the Chicago Board Options Exchange's CBOE Volatility Index, a popular measure of the stock market's expectation of volatility based on S&P 500 index options. It is calculated and disseminated on a real-time basis by the CBOE, and is often referred to as the fear index or fear gauge.
Trading basicsVix Technology
Vix Technology (Vix) is an Australian company that designs, supplies and operates automated fare collection (AFC) systems, intelligent transportation systems (ITS), access, payment and passenger information display systems (PIDS) for the public transit industry.
Payments & settlementVocalink
Vocalink is a payment systems company headquartered in the United Kingdom, created in 2007 from the merger between Voca and LINK. It designs, builds and operates the UK payments infrastructure, which underpins the provision of the Bacs payment system and the UK ATM LINK switching platform covering 65,000 ATMs and the UK Faster Payments systems.
AssetsVoiceverse NFT plagiarism scandal
In January 2022, 15—the pseudonymous Massachusetts Institute of Technology (MIT) artificial intelligence researcher and creator of the non-commercial generative artificial intelligence voice synthesis research project 15.ai—discovered that the blockchain-based technology company Voiceverse had plagiarized from their platform. Voiceverse marketed itself as a service that offered AI voice
FinanceVoidable floating charge
In law, a voidable floating charge refers to a floating charge entered into shortly prior to the company going into liquidation which is void or unenforceable in whole or in part under applicable insolvency legislation.
FinanceVolatility arbitrage
In finance, volatility arbitrage (vol arb) is a term for financial arbitrage techniques directly dependent and based on volatility.
Securities & exchangesVolatility risk
Volatility risk
FinanceVolatility smile
Volatility smiles are implied volatility patterns that arise in pricing financial options. It is a parameter (implied volatility) that needs to be modified for the Black–Scholes formula to fit market prices. Generally, for a given expiration, options whose strike price differs substantially from the underlying asset's forward price tend to have prices that deviate from their expected pri
Trading basicsVolcker Rule
The Volcker Rule is section 619 of the Dodd–Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. § 1851). The rule was originally proposed by American economist and former United States Federal Reserve chair Paul Volcker in 2010 to restrict United States banks from making certain kinds of speculative investments that do not benefit their customers. It was not implemented until
Securities & exchangesVolfefe index
The Volfefe Index was a stock market index of volatility in market sentiment for US Treasury bonds caused by tweets by President Donald Trump.
Trading basicsVolume risk
Volume risk, also known as quantity risk, is the risk of production or sales volumes materially and adversely deviating from their expected quantities. The term has context-specific applications.
Trading basicsVortex indicator
The Vortex Indicator is a technical indicator invented by Etienne Botes and Douglas Siepman to identify the start of a new trend or the continuation of an existing trend within financial markets. It was published in the January 2010 edition of Technical Analysis of Stocks & Commodities.