Category Archives: Latest

CAN YOU PAY BY MESSENGER? YES YOU CAN

Facebook has quietly secured an e-payments license from the Central Bank of Ireland, signalling that the ability to pay people through the Messenger app (already available in the US) could soon be coming to Europe, TechCrunch reports. The Central Bank of Ireland's register shows that the license was authorised to Facebook Payments International Limited (FBPIL) in October for "e-money…
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5 Fintech Startups To Watch In 2017

After a glum 2016, look for startups tackling massive opportunities like insurance and real estate to reenergize the fintech sector.   For fintech, 2016 was a year of reckoning. Scandals and layoffs killed industry buzz, and deal activity took a mid-year nosedive. Regulatory uncertainty in the U.S. loomed large, as did Brexit. For some companies,…
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Sweden could be first with national digital currency

The Central Bank of Sweden is considering issuing a national digital currency to solve the problem of a dramatic drop in the domestic use of cash. The so-called e-krona may be introduced within two years. Digital evolution? UK govt launches Bitcoin & e-currency consultation “The less those of us living in Sweden use bank notes…
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Why Doesn’t Your Bank Know You Use Uber?

Have you ever received a piece of mail from your bank offering something completely irrelevant, like a home loan just months after you’ve bought a house? You’d think this would be a thing of the past with the data banks have access to, but it’s still happening in the digital age. JPMorgan Chase sent an email…
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Visibility Vs Credibility In FinTech – Which One Will Win?

In perfect free markets, credibility would trump visibility every single time. But online consumer markets are not perfect, and nor are they free. And online consumers tend to mix visibility with credibility. Market forces run the risk of getting skewed from the ‘Fin’ part to the ‘Tech’ side of FinTech, i.e. the credibility required to…
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