Search Results for: PayPal
India to overtake US as ecommerce superpower
October 29th, 2016
India is set to overtake the US as the world’s second largest ecommerce market within the next 20 years thanks to a young, connected and growing middle class, according to research from Worldpay. While India accounts for less than ...
Braintree European merchants ready to accept UnionPay to tap Chinese shoppers
September 19th, 2016
Braintree merchants in most European countries will be able to accept UnionPay through Braintree’s SDK helping them to tap Chinese shoppers buying from overseas. According to research data from PayPal & IPSOS, China is the top export market for UK businesses, with an ...
Alibaba Pays $100 Million For Eye-Scan Firm
September 14th, 2016
Expect to “see” eye-scanning in more places. Alibaba’s payments arm, Ant Financial, has acquired EyeVerify, a maker of optical recognition technology used by Wells Fargo along with dozens of regional banks and credit unions across the country. Bloomberg reported the purchase price ...
The most common scams and how to avoid them
September 12th, 2016
Call it an occupational hazard, but I’ve become so nervous of scammers and fraudsters that I now delete even legitimate emails from my providers. In the past months alone this has seen my PayPal account suspended and my web ...
Fintech Startup Transferwise Moves Away From Banks
August 30th, 2016
Transferwise Inc., the global money transfer startup, is getting ready to free itself from relying on banks. The five-year-old London-based company is known for splashy ad campaigns. These feature nearly-nude employees as a way to show how much more ...
Bitcoin to withdraw from Turkey, due to failure to find bank to collaborate with
August 23rd, 2016
The electronic currency Bitcoin (BTC) has halted TL deposits into BTCTürk, which gives investors the opportunity to conduct transactions with TL/BTC conversion. After Paypal’s decision to pull out of Turkey, which resulted from failing to acquire the necessary permits, the ...
KBW and Nasdaq Launch Financial Technology Index
July 20th, 2016
Keefe Bruyette & Woods (KBW), a Stifel company (NYSE:SF), and Nasdaq (NASDAQ:NDAQ) today announced the launch of the KBW Nasdaq Financial Technology Index (Ticker: KFTX), a preeminent index designed to precisely track the performance of those companies that leverage ...
DueDil sees triple-digit sales increase on the back of international growth
July 15th, 2016
Tech firm DueDil has enjoyed a bumper second quarter in 2016 after attracting a raft of high-profile clients and a significant jump in enterprise sales. PayPal, Securitas Ireland and Currencies Direct have all signed up for the London-based data ...
Everything you need to know about Bitcoin and the new contender Ethereum
June 23rd, 2016
Well, if we leave the EU and the Pound plummets, there’s always Bitcoin,” a glum currency trader joked last week. “Assuming our computers still switch on after Brexit.” He was being facetious. But then the king of all currency ...
What is fintech?
June 3rd, 2016
If nothing else it is on course to become a $20bn market this year. Fintech was once simply shorthand for financial technology (a portmanteau). But in 2008-09 in the post financial crisis world, Fintech began to take on a ...
