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Visa: Why 2015 was the year for payments
December 28th, 2015
2015 was definitely the year for payments. The sector saw transaction volumes grow an average of nine percent. New players like Apple joined the game. Others like Samsung and Google limbered up on the touchline. The fintech trend really swept the ...
China Antiterror Law Doesn’t Require Encryption Code Handovers
December 28th, 2015
But law passed by rubber-stamp parliament Sunday still raises concerns about its scope and impact China passed a new antiterrorism law that stepped back from previous language of concern to global technology firms, but which still raises questions about ...
What is blockchain, and can IBM, Intel, and big banks use it to remake the internet?
December 23rd, 2015
Linux was once thought of as the ugly duckling of OS world, an indulgence appealing only to system administrators, power-users, and shut-ins. Today, the Linux kernel underlies Google’s Android OS, the most widespread mobile platform in the world, and ...
PayPal Touts Growth Of One-Touch Payments
December 23rd, 2015
The payments giant said Monday that more than 10 million consumers have enabled its universal digital payments service, One Touch. One of the key challenges to mobile and web payments is being able to carry your payments information across ...
Apple raises concerns over UK’s draft surveillance bill
December 22nd, 2015
Apple has raised concerns about the UK’s draft Investigatory Powers Bill. The proposed law aims to overhaul rules governing the way the authorities can access people’s communications. The US-based firm has passed on its thoughts to a parliamentary committee ...
How banks are trying squelch Bitcoin’s momentum
December 21st, 2015
There is no question that Bitcoin is causing a lot of worry and hand-wringing in the banking sector — and in national governments uncertain of how to regulate it. It is, after all, a highly disruptive technology — one ...
Israel’s Flourishing Fintech Has Many Fathers
December 21st, 2015
Israeli finance technology has taken giant leaps in the last few years. Hundreds of local startups are developing new technologies for payment and security solutions, and multinational companies and banks are flocking to Israel for a piece of the action. Much ...
Blockchain consortium R3 opens its doors to exchanges and clearing houses in 2016
December 17th, 2015
Blockchain standards builder R3 has opened its doors to non-bank financial services firms including funds, exchanges, clearing houses, standards bodies and infrastructure companies, from early in 2016. R3 also announced the addition of another 12 banks, taking the total ...
EU data laws threaten huge fines
December 17th, 2015
Technology companies could face fines of up to 4% of their global annual turnover under new European rules on data protection. The European Union has approved significant changes to data laws, aimed at putting individuals back in charge of ...
Junk Bond Crisis Starts To Metastasize
December 15th, 2015
With junk bonds finally reverting to their intrinsic value, the question on everyone’s mind is “what blows up next?” Here’s the first in what might be a long, painful list: “CLOs Hammered as Energy Rout Plays Havoc ...
