Day: April 16, 2014

Embattled Bitcoin Exchange Mt. Gox Expected To File For Liquidation

See on Scoop.it – Money & Payments It’s also possible the Japan-based Bitcoin exchange could find a buyer.What was once the largest Bitcoin exchange now plans to file for liquidation.Read Full Story Faisal Khan‘s insight: Well, a lot of people are going to be disappointed because of this. There goes any chance of recovering your …

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Baidu dives into China’s mobile payments war, jabs Alibaba with…

See on Scoop.it – Money & Payments Baidu (NASDAQ:BIDU), the Chinese tech giant best known for its search engine, announced yesterday it will roll out a new mobile wallet app called Baidu Wallet (baidu qianbao), reports Jinghua.cn (via Techweb). Like its main rivals from Alibaba (Alipay) and Tencent (Tenpay and WeChat Payments)… Faisal Khan‘s insight: The …

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Finextra: Researchers crack Galaxy S5 fingerprint reader and access PayPal app

See on Scoop.it – Money & Payments Security researchers from SR Labs have cracked the Samsung Galaxy S5’s fingerprint reader, gaining access to the handset and using it to make PayPal transactions. Faisal Khan‘s insight: Even though this was done under lab condition, it is alarming enough. See on www.finextra.com — This page was last …

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