A Chinese 20 Million Dollars Venture Fund is Ready to Finance Bitcoin Startups
The Bitcoin startup scene is about to receive up to $20 million from a venture fund. The money is coming from a Chinese family who owns a multi-billion-dollar company. …
Category: Finance
Bank of Finland Joins The Distributed Ledger Technology Bandwagon
The number of financial institutions exploring blockchain potential just keeps on growing. Finland’s central bank is the latest institution to acknowledge the potential of distributed ledgers. They have also …
It Takes Six Seconds To Guess A Visa Payment Card’s Information
Criminals have come up with some very creative ways to obtain credit card information over the past few years. Most of their attack vectors hinge on using social engineering, …
Global Stock Markets On Wobbly Legs After Italian Referendum Turns Into Disaster
Monday has not been a great day for stocks worldwide. Both the US equity index futures and the Euro saw significant declines ever since the result of the Italy …
EACHA Brings Instant Payments Network To The Euro Zone
Real-time payments are becoming the new norm in global finance these days. One thing holding back the adoption of these solutions is their lack of interoperability. Eacha, a financial …
China Is The New King of The Fintech Hill
Very few people will be surprised to hear that China is becoming the global leader in the fintech sector. Although the crown was held by regions such as London …
Protests Turn Violent As India Continues To Struggle With Banknote Transition
The ban on cash in India has been attracting a lot of mainstream media attention in recent weeks, but it looks as if the trouble is only beginning to …
Visa Pushes Back EMV Adoption Timeline Plans By Three Years
EMV payment card technology brings additional security features to both consumers and retailers. Even though both Visa and Mastercard want to prioritize the acceptance of this technology as soon …
Deutsche Bank Relinquishes 3,400 Clients In The Debt And Equities Market
Things are not evolving in the right direction for Deutsche Bank, as the financial institution continues to make very intriguing decisions. Earlier this week, DB was forced to cut …