Month: August 2014

Square Cash 2.0 Adds Free Money Transfer By Text Message, Payment Notes And More | TechCrunch

Square has a new update out for its Cash app that lets users send cash by text, greatly improving the versatility of the mobile payment app. The update also.. Source: techcrunch.com Square is hot on the game, but the question is will this money transfer be restricted domestically, or does Square have plans to go …

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Switzerland’s Pictet Reports Results for First Time in Its 209-Year History

Swiss bank Pictet publicly disclosed financial results for the first time in its 209-year-old history, underlining the sea change in the country’s traditionally secretive banking sector Source: online.wsj.com Banking Zeitgeist? Well, certainly seems so. I think as we chug along, more and more transparency would be coming forth. Both in banking and payments.  — This …

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New Restrictions On Online Billing In India May Impact International E-Commerce Companies | TechCrunch

New restrictions on online billing in India may affect international e-commerce businesses, including Google Play, Amazon India, and Uber. Source: techcrunch.com RBI says, “he Reserve Bank of India (RBI) said last week that online transactions using credit cards for the purchase of items and services within India must be done through a bank within the country and …

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A new kind of Internet, according to Ripple Labs CEO Chris Larsen

Forget today’s “Internet of knowledge.” The “Internet of value exchange” could replace the correspondent banking system. Source: fortune.com Interesting article on an interview by CEO of Ripple – Chris Larsen: “internet of value exchange” (which is how he classifies the new internet) … and I agree. — This page was last updated on August 26, …

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