Search Results for: smartphone
South African Fintech Firm to Launch Blockchain-based Identity Verification in 2017
December 27th, 2016
South African fintech company ThisIsMe (TIM), which focuses on identity verification, has announced that it will be adding blockchain technology to boost its services and is expected to go live in 2017. More companies are turning their attention to ...
Toshiba may book loss of several hundreds of billion yen; stock tumbles 12 percent
December 27th, 2016
Toshiba Corp (6502.T) said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition – a shock warning that sent it stock tumbling 12 percent and rekindled concerns about its ...
PayPal Files Copyright Suit Against India’s Digital Payment Provider Paytm
December 25th, 2016
In what many are calling a tactical move to stymie a competitor, PayPal has pushed forward on a copyright suit against Paytm, a leading digital payment service in India. Back in November, US-based ewallet service PayPal lodged the complaint ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
138 million Europeans are financially cut off from society – without a bank account or payment methods
December 12th, 2016
Mastercard on December 12 announced findings from new research into those who are financially excluded across Europe, finding a third (33%) are employed full time and 35% are aged 18-34. 138 million Europeans are financially cut off from society ...
LG wants to trademark four new smartwatches as well as “LG Watch Pay”
December 9th, 2016
LG might be secretly prepping not one, not two, but a whole lot of four smartwatches. At least this is what the company’s recent trademark spree is seemingly telling us. The Korean giant just yesterday filed trademark applications with ...
Controversial state surveillance bill becomes law in UK
December 5th, 2016
The Investigatory Powers Bill will get royal assent on Tuesday. More than 130,000 people have signed a petition calling for it to be scrapped. Tim Berners-Lee has said it creates a “security nightmare”. Edward Snowden has described it as ...
Bitcoin Prices Surge Past $770 But Fall Just Short of 2016 High
December 5th, 2016
Bitcoin prices neared $780 during the week through 2nd December, coming within 1% of the 2016 high of $781.31 reached in June. The digital currency rose to a high of $778.14 amid sustained support. Prices remained above $700 all ...
Mastercard announces ‘Selfie’ Payment Technology is a Reality
December 1st, 2016
Mastercard Identity Check Mobile allows cardholders to authenticate online payment by scanning their fingerprint or by taking a selfie. Technology eliminates the need to remember passwords to confirm online payments, while improving the security in these transactions. The application ...
BNP Paribas backs the growth of the PayCar FinTech
November 30th, 2016
Several of the Bank’s businesses are participating in the startup’s first funding round, for a total stake of €1.3 million The BNP Paribas Group, via its French Retail Banking; BNP Paribas Cardif and BNP Paribas Personal Finance businesses, is participating in the ...
