Teddy Sagi to purchase remaining Best of the Best shares for $43 million

Teddy Sagi continues to write off public companies where he is invested while injecting tens of millions of dollars out of his own pocket to privatize them. After cybersecurity developer – kape, comes Best of the Best (BOBT), which is traded on AIM. The company, where Sagi holds 29.9%, informed the Tel Aviv Stock Exchange […]

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How does the EU’s DAC 7 affect Israeli website operators?

At the beginning of 2023, the EU implemented new reporting rules in EU Directive DAC 7 for digital platform operators everywhere, including, potentially, Israel. The EU has around 450 million affluent consumers in 27 countries. Here is an overview of DAC 7: Which platforms?  A platform is broadly defined and includes any software, such as […]

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Bank of Israel calls to block bill on interest on checking accounts

The governor of the Bank of Israel, Amir Yaron, called on Prime Minister Benjamin Netanyahu to block a bill which would require banks to pay interest on the balance of checking accounts on Tuesday, according to Globes. The bill, which was approved on Monday by the Ministerial Committee for Legislative Affairs, would have the banks […]

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Bank of Israel met with Competition Authority over lacking competition

Competition Commissioner Michal Cohen met with Governor of the Bank of Israel Professor Amir Yaron on Thursday to discuss the possibility of declaring banks as a “concentration group,” a situation where a small number of companies or organizations dominate a particular sector or industry with little competition between them. The Competition Authority has found limited […]

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Empower (formerly Personal Capital) Review (2023)

Personal Capital offers a suite of investment tools and access to a financial advisor, completely free. Best of all, they let you aggregate all of your financial accounts, and then they provide an investment-related analysis of your entire portfolio. Find out more about this great service in my complete review of Personal Capital. One thing […]

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What Might Happen if You Invest $100 in Bitcoin Today?

Bitcoin is the oldest and best known of the modern crop of digital currencies. It’s a cryptocurrency, or digital currency, not backed by any government. That makes it very different from the US dollar, and it comes with unique risks that could make Bitcoin a good or bad investment, depending on your unique investment goals. […]

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A challenge called digital gratitude: Tipping

When asked to name America’s greatest contribution to the world of hospitality, there isn’t one clear answer. Historians might point to the 18th-century taverns that offered food, drink, and accommodations for travelers. Hoteliers will point at the global hotel brands that dominate our world until this very day. Even utilities like room service, minibars, and […]

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How do Industry Associations Promote Responsible Digital Finance? | Blog

A responsible digital finance ecosystem is crucial for customers Building responsible digital finance ecosystems is vital to developing consumer trust in the financial system and mitigating consumer risks, thus promoting overall financial inclusion.  CGAP is exploring this new consumer protection approach, leveraging what has been done thus far, while taking a more holistic and proactive […]

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