While developing markets like Kenya have embraced mobile payments and wallets, countries like the US, the UK, Canada, France and Germany seem to be much more reluctant to do so. According to an annual Kantar TNS study, only a minority of internet users surveyed in countries like the US, the UK, Canada, France and Germany […]
Well! Well! Well! These are the genesis moment of the acceptance of the blockchain in mainstream companies for payments. In a new application released by the USPTO, Apple describes how it might use a blockchain-based platform to generate and secure timestamps. Source: Apple Patent Filing Hints at Blockchain Use – CoinDesk
New patent filings from Mastercard show how the credit card giant is looking at blockchain as a possible means for easing payment settlement times. Source: Mastercard Seeks Patent for Instant Blockchain Payments Processing – CoinDesk
After Pakistan and some other countries, India decides it doesn’t like Bitcoin. …director of the Reserve Bank of India (RBI) has signalled that virtual currencies like bitcoin won’t be allowed in the country. “Our current position on bitcoins is that we will not be using it for any payments and settlements…though the technology underlying crypto-currencies […]
Amazon already provides some lending for small- and medium-sized companies and is widely expected to offer more financial services in the future. The tech giant’s mammoth cloud-computing business is reshaping how the financial industry works. Source: Amazon’s AWS cloud business is reshaping how the financial services industry works — Quartz
Monaize, an e-banking platform for freelancers and small businesses and Komodo, a top 30 cryptocurrency project met at Money 20/20 in June 2017 and forged a partnership. Their joint vision is to bridge banking Blockchain and help cryptocurrencies achieve mainstream adoption. Source: Banking Meets Blockchain
Various banks have been on a patents filing spree this year, with Bank of America filing the most number of patents so far. Source: American Express Files Patent on Blockchain-Based Personalized Customer Rewards System
Episode 7 – What factors are important to you when sending money abroad? When choosing a money transfer company, what are top things one looks for? Well, worry no more. Having interviewed over 1,700+ people, here are some findings.