Search Results for: internet
Japanese companies to launch virtual currencies exchanges to meet hot demand
May 3rd, 2017
Tax cuts, higher standards making trading easier, soaring demand in bitcoin-like investments More than 10 Japanese companies are launching exchanges for bitcoin and other virtual currencies, with an eye to tap growing demand after legal changes that make such ...
Airwallex payments settlement provider raised $13 million in a funding round
May 2nd, 2017
Airwallex raises US$13m Series A investment from Tencent, Sequoia Capital China and Mastercard Airwallex has raised US$13 million in a Series A funding round to fuel international expansion and enable more businesses to make faster, easier and cheaper payments ...
Global law firm introduces flexible working arrangemnets for its London office
April 28th, 2017
Following a consultation period with partners and business services heads, global law firm Reed Smith has today announced a new Agile Working Policy which will take immediate effect for all personnel in the London office. “At Reed Smith, we ...
Report: Unauthorised forex trader’s collapse may cost punters half billion
April 27th, 2017
The reported collapse of the JJPTR scheme may cause “investors” ― including from Malaysia ― previously promised steady monthly 20 per cent dividends to collectively lose RM500 million. JJPTR’s founder Johnson Lee, whose Penang-based forex trading company claimed its ...
Samsung’s facial recognition not ready for mobile payments
April 25th, 2017
Samsung Electronics’ facial recognition technology requires more than four years to be solely used for mobile payment, a source from Samsung and industry watchers predicted on Monday. Facial recognition is considered the next-generation biometric technology as it is more ...
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
Russian hacker, son of a Russian lawmaker sentenced in US prison
April 24th, 2017
Roman Seleznev, the son of a Russian member of parliament, hacked credit card data from restaurants in Washington and across the U.S. Roman Seleznev, the son of a member of Russian Parliament, was sentenced to 27 years in federal ...
Bose Headphones accused in lawsuit of spying on listeners
April 20th, 2017
A new class-action lawsuit claims high-end headphone company Bose has been tracking and distributing customers’ data without telling them. According to the complaint, filed late Tuesday in the U.S. District Court in Chicago, the headphone company’s Bose Connect app ...
A brief history of Digital Currency
April 20th, 2017
Digital currency is a recent invention which means that currency with real value can be exchanged for traditional cash; it is instead entirely virtual or digital. It is a new invention in the history of money and commerce. Electronic money only ...
Multinational law firm launches global FinTech mentors program
April 11th, 2017
Hogan Lovells is launching a Global FinTech Mentors Program, through which its most experienced Financial Services and Regulatory partners will guide FinTech organizations, at any stage of development, through their FinTech journey. FinTech mentors will be available to organizations ...
