Category: Finance

Contactless Payments in 2016 Surpass The 2015 UK Volume

Contactless payments are one of those trends which may or may not become a big thing. Just last year, things were not looking overly positive, despite some growth in most countries around the world. The year 2016 is looking very promising, as the number of contactless payments, this year surpassed the total 2015 volume already. This is also good news for bitcoin, as it is a total cash-free solution. Consumers …
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Blockchain Investments Equaled Half of All 2015 Fintech VC Funding

An interesting shift is taking place in the world of Fintech funding right now. Even though the total amount of VC funding in Fintech is slowing down, the money flowing to blockchain companies continues to grow. Newer areas of financial technology are always a great source of innovation. Together with Insurtech, blockchain is now one of the leading investment sectors. The Fintech Funding Shift Is Taking Place Venture capitalists always …
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Steem Blogger Raises Thousands of Dollars To Fund Real World Billboard Campaign

The successful history of Bitcoin can be attributed to its community that through countless efforts have pushed the adoption of the cryptocurrency to its current state, from a forum “nerd currency” to a globally accepted and used payment system. Since cryptocurrencies belong to no one and to everyone at the same time, it is only normal that the community should take it upon themselves to push the cryptocurrency to new …
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Central Bank of Thailand Shuts Down Half of Bank ATMs Due To Malware Attack

Malware continues to create financial losses all over the world. Criminals are targeting computer users, but also point-of-sale devices and ATms. A new ATM heist in Thailand saw 12 million baht being stolen. As a result, the central bank of Thailand was forced to shut down nearly half of its ATMs. For now, preliminary investigations seem to indicate an Eastern European gang is responsible for these attacks. Using Bank ATMs …
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