Payments

Apple files for Money Transmitter Licenses as Apple Payments

Apple Payments Apple’s own payment system, presumably ApplePay under the company Apple Payments will be coming soon. Just when periodically checking filings for MTL (Money Transmitter Licenses), I came across the California filing for Money Transmitter Licenses by Apple.   To be 100% sure it was Apple the iPhone company and not some other ‘Apple’, I …

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Using Smart Contracts to Crowd Source via an ICO for the Real Estate Sector

ICO + Smart Contracts + Real-Estate There are many ways to utilize an ICO for a real-estate backed project. In the early days of this whole blockchain revolution, real estate was always touted as one of the main use cases for it. When Hyperledger first came out – in the initial days when both the …

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Istanbul Calling…

Everyone has a calling. Very few of us are fortunate to hear ours and follow it. I believe my calling has come. I switched careers at the age of 40! “Suicidal-move” as many had termed it. “Shackle-Free” was how I looked at it. Seven years on, after assisting literally 1,000s of people and working with …

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UK card payments overtake cash, but less bought on credit – Business Insider

In 2016, 50 percent of all payments in the UK were made using cards. People seem more willing to use cards over cash due to various reasons. “A growing number of retailers have invested in payment technology to accept cards, contactless payments and new payment applications both online and in store,” said Andrew Cregan, a …

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Worldpay, valued at $10B, confirms JPMorgan and Vantiv are trying to buy it | TechCrunch

Worldpay became a stand-alone business in 2010 and was listed in an initial public offering in 2015. With about 4,500 employees in 11 countries, the company reported a pretax profit of £264.1 million in 2016. Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million …

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Helping To Avoid Audits with Smarter Money Transfer Practices

While it isn’t illegal to send or transfer money to people in other countries, you can attract the attention of both the IRS and other legal entities if it appears that you are laundering money or hiding funds. It happens more often that you would imagine, and few people using international money transfers for unscrupulous …

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