Local council in England recoups more losses from Iceland banking collapse
The local council in Wiltshire, England, has been compensated for almost half of its losses suffered in the 2008 banking crash in Iceland.
British investigators abandon inquiry into Iceland’s Kaupthing bank
Fraud investigators in the UK have dropped a probe into the collapse of Reykjavik-based Kaupthing bank due to a lack of evidence.
Valitor to expand its international issuing services with new hyperWALLET Systems partnership
Valitor, the Iceland-based acquiring services provider, has recently signed a new partnership with hyperWALLET Systems Inc. to expand its internationa...
Iceland readying for euro transition
Icelandic officials are readying the country to phase out the krona once current capital controls are lifted, according to reports.
European regulators: Iceland violated EU rules for Icesave clients
European regulatory officials have said that Iceland violated EU regulations amid its 2008 banking collapse. The European Free Trade Association’s Sur...
Sweden takes top spot in Tim Berners-Lee web index
A new ‘state-of-the-web’ index by Sir Tim Berners-Lee has listed Sweden in first place, ahead of the United States. The new list from the World Wide W...
Valitor expands issuing and processing services for prepaid programs within European countries
Iceland-based multi-brand payment card acquirer Valitor has expanded its issuing and processing services for prepaid programs within European countrie...
Slowing Iceland inflation amid strong krona
The rise in value of Iceland’s currency has slowed the country’s annual inflation rate.