The Finseta Blog

The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. It plays a crucial role in fostering global monetary and financial stability. Many though have either never heard of the BIS or don’t understand fully what role it plays. We’ll look into this below. BIS HQ, Basel, Switzerland 90 years of supporting […]

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, announces its final results for the year ended 31 December 2022. In addition, the Company gives notices of its annual general meeting (“AGM”) and publication of its annual report and accounts, both of which are being posted on […]

The Rial/Riyal name is based on the Latin term ‘regalis’ which literally means royal.  It shares a similar etymology to the ‘Real’ currency which can be found in Brazil and previously in Spain and Portugal which used the currencies called Real for many hundreds of years. Several Rial currencies use a Dinar or Dirham as […]

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to announce the completion of the sale of Avila House Ltd. (“Avila”) to Aspire Commerce Ltd. (“Aspire”) following the receipt of regulatory approval from the Financial Conduct […]

The Rupee dates back thousands of years. It is thought to be based on the Sanskrit word r?pya which, when literally translated, means a round silver coin.  The r?pya was used in Ancient India and has been the name for a multitude of currencies on the Indian subcontinent. It was the name of various British […]

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, is pleased to provide the following unaudited update on trading for the first quarter to 31 March 2023. As noted in the trading update announcement on 11 January 2023, the Group experienced strong trading momentum through FY 2022 and expects […]