PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . ” TaxBit will use the funding to speed up customer growth, and make its products better. ”

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PYMNTS

FEBRUARY 3, 2017

Following relatively flat growth through the end of January (by cryptocurrency standards, anyway), bitcoin’s value spiked, breaking $1,000 to reach a high of $1,003.92 At the time of this writing, bitcoin sat tenuously at $1,000.73, up 1.36 bitcoin wallet and vault Xapo to operate in the country. percent for the day.

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PYMNTS

NOVEMBER 18, 2020

Collaboration and not competition, Visa’s Senior Vice President, Global Head of FinTech Terry Angelos told Karen Webster in a discussion on the recent advancements and updates to Visa’s Fast Track program , is quite evident — particularly when one observes that a number of Visa’s partners are many that, on paper, might appear to be competitors.

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PYMNTS

DECEMBER 24, 2020

Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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PYMNTS

MAY 13, 2016

Promoting bitcoin. Which is why Obama and his team probably aren’t enthusiastic about an op-ed for CNBC from a former Commodity Futures Trading Commission (CFTC) commissioner suggesting that the White House should “heed the call” on bitcoin. One thing that’s probably not higher on that rapidly growing list?

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PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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PYMNTS

APRIL 22, 2019

The Chilean government has revealed that it is looking to implement tougher regulations on cryptocurrencies and FinTech. Regulation of these platforms would mitigate some of the risks, such as money laundering and terrorist financing, and increase the legal certainty with which they operate.

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PYMNTS

DECEMBER 8, 2017

The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the week. PYMNTS breaks down the investments for B2B FinTechs below. secured $40 million in Series C funding, reports this week said. Expense Management.

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PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. Revolut was granted a European Union banking license in Lithuania in December 2018 and has begun operations in central Europe. billion valuation.

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PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

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PYMNTS

AUGUST 24, 2016

The blockchain — the underlying technology that powers the digital currency bitcoin — may be nearing its mainstream moment in the sun as four of the world’s largest banks are using it to develop a new form of digital currency. What that allows us to do is to take away the time these processes take, such as waiting for payment to arrive.

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PYMNTS

JULY 21, 2020

Crypto enthusiasts proclaim that you can front the best-known players like bitcoin or the most obscure blockchain-backed currencies circulating the world and tap into the future of money. Even bitcoin is accepted by only a relative handful of digital retailers. Or at least they didn’t until now. The Broader Blockchain Horizon.

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Bank Innovation

JUNE 8, 2018

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out.

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PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

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PYMNTS

NOVEMBER 6, 2019

Over the next months, we will be testing Billon’s solution and evaluating the potential added value for our customers,” Maximilian Schausberger, head of fintech partnerships at Raiffeisen Bank International, said in a press release. Securities and Exchange Commission (SEC) earlier this year. “We

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PYMNTS

MAY 5, 2019

The New York State Attorney General ( NYAG ) Letitia James wants to see documents regarding an alleged deal made between cryptocurrency exchange Bitfinex and stablecoin operator Tether that “misled their clients and investors.”.

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PYMNTS

SEPTEMBER 1, 2017

and Asia, and PYMNTS lined up all the B2B FinTechs that recently scored fresh funding. Despite being banned in its home country of Kenya, BitPesa, a startup that uses Bitcoin to facilitate cross-border B2B payments, has continued to proliferate throughout the globe. Mobikon said it also hopes to establish operations in the U.K.

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PYMNTS

JUNE 17, 2016

Unfortunately, “60 Minutes,” famous for investigative journalism, missed the really big story in FinTech. A few days later, one of the founding fathers of FinTech, Renaud Laplanche , was forced out of Lending Club, the peer-to-peer lender he founded in 2006, following scandals over loan disclosures and conflicts of interest.

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PYMNTS

OCTOBER 30, 2019

Global ATM owner and operator Cardtronics released its third quarter earnings report, and the company’s total revenues were up 3 percent, from $340.2 ATM operating revenues were up as well — to $333.4 The company’s cash flow from operations was up as well, to $176.5 Securities and Exchange Commission. million from $74.8

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PYMNTS

MARCH 23, 2018

So opined the Securities and Exchange Commission’s (SEC) Director Brett Redfearn, Reuters reported. Redfearn is head of the SEC’s trading and markets operations. Clayton, as Reuters noted, also said ICOs — shorthand for initial coin offerings — are securities offerings. The debate still hinges on what a security is.

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PYMNTS

JULY 16, 2019

Days after admitting to a hack that caused the loss of $32 million in cryptocurrency, Bitpoint Japan, a cryptocurrency exchange operator run by Remixpoint , said on Sunday (July 14) it has discovered an additional $2.3 million was stolen. This marks the eighth major cyberattack on a cryptocurrency in 2019 and is one of the largest.

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PYMNTS

SEPTEMBER 10, 2019

Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker told Geneva reporters that all cryptocurrency projects operating in the U.S. The Swiss Financial Market Supervisory Authority (FINMA) in August awarded the country’s first banking and securities licenses to blockchain service providers SEBA Crypto AG and Sygnum AG.

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PYMNTS

APRIL 2, 2018

On the global stage, bitcoin fell below $7,000 to just above $6,800, and Ripple slipped to its lowest price since the end of 2017. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.”

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Jeff For Banks

DECEMBER 12, 2015

FinTech, FinTech, FinTech! We must be moments away from downloading a gamified banking app via our Google Glass, paying in Bitcoins using Apple Pay! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. That's all I'm hearing. It's like global warming. Legit question.

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NCR

NOVEMBER 11, 2016

If recent forecasts from the World Economic Forum (WEF) are to be believed, blockchain – the technology behind bitcoin – is set to become “the beating heart of the financial system” But some in the industry might not be entirely clear about what blockchain even is, let alone the impact it could have on how banks do business.

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PYMNTS

MARCH 7, 2018

Of course, the FinTech industry doesn’t have to look it up, but the dictionary now defines blockchain as a technology that enables the keeping of records of financial transactions in a digital database as part of a publicly accessible network. The Amazon of China may be operating in blockchain, but the world’s actual Amazon is doing the same.

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CB Insights

JULY 20, 2017

Cybersecurity unicorns in this category include Zscaler , which provides tools to automate compliance, and the aforementioned Lookout , with a product called Lookout App Security Review which enables customers to analyze app data collection capabilities and assess compliance with customer data protection policies.

Security 30

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PYMNTS

JANUARY 15, 2018

In an interview with PYMNTS, Jordi Gascon, with EMEA Security at CA Technologies, noted the challenges for banks across the EU, right out of the gate: “PSD2 compliance is a must, and they need to cope with the intrinsic risks of opening their infrastructure to third parties.” Bitcoin Ban or No?

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CA Bitcoin Data Security 112

PYMNTS

NOVEMBER 3, 2019

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. The digital asset solutions provider, exchange operator and regulator, based in Malaysia, will also accept all major digital assets listed on SPEZA Digital Asset Exchange.

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PYMNTS

JULY 1, 2016

A Singapore-based startup offering bitcoin exchange and cryptocurrency services secured another major round of funding this week. According to reports, Quoine is the largest bitcoin exchange that operates in a major bitcoin market and has $50 million bitcoins transacted over its exchange per day.

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PYMNTS

FEBRUARY 5, 2018

Last month, Canada’s Competition Bureau released its final study on tech-led innovation in FinTech, offering regulators some thoughts on competition in the payments sphere, along with suggestions on where the competitive landscape could be improved. And why hasn’t that quite happened yet? We looked north of the border.

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Accenture

NOVEMBER 27, 2017

Some themes endure year-after-year, as shown in the table below—real-time payments, cybersecurity, fintechs, blockchain and open APIs. Banks and market infrastructure will need to be one step ahead of perpetrators, due to the diverse and fast-evolving nature of threats to information security.

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Jessica Ellerm

NOVEMBER 26, 2015

Launched in March of this year, Semble is a partnership between EFTPOS provider Paymark, New Zealand banks ASB and BNZ and three of the largest mobile network operators; 2degrees, Spark and Vodafone. Like a Morningstar for Bitcoin, the company hit the global stage recently as a finalist in the World Cup Tech Challenge 2015 in Silicon Valley.

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PYMNTS

MARCH 23, 2016

FinTech is changing the FS industry from the outside,” stated PwC EMEA FinTech Leader Steve Davies in an announcement revealing the research earlier this month. Researchers at PwC found that, for the banks surveyed, they believe that 23 percent of their operations could take a hit as a result of FinTech innovation like blockchain.

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PYMNTS

JULY 20, 2017

As we reported just a few months back, this technology is set to disrupt the financial industry because it enables secure cross-border money transfers. However, they are also looking to leverage additional advantages, including increased competitiveness with FinTechs and the ability to use the technology to create new business models.”.

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PYMNTS

JUNE 27, 2018

The initiative reflects a rising sentiment among financial institutions with regards to blockchain and other disruptive FinTech: The banks may not be entirely convinced of the technology, but they don’t want to necessarily rule it out. That can’t be said for all financial institutions (FIs), however. “The

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PYMNTS

MAY 15, 2017

That means bitcoin. What Does Any of This Have To Do With Bitcoin? Bitcoin is a fascinating technology on the merits. Bitcoin uses math — and math equations that anyone can solve and see — to provide this cash-like feature. And why we might need to channel our inner Frances Kelsey to help get us there.

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