The first FinTech Weekly issue in October is packed with news. Our top stories explore the possibilities selfies might bear for digital payment. Other people found out that people trust Amazon more than banks and, by the way, Israel is ahead of things in fintech. Read also about future banking scenarios and who did what in the world of fintech. Events and podcasts top off our weekly roundup on what's hot in the business.
Securing cards is no easy feat since it is a given that there is an innovative, evolving and increasingly professional legion of cybercriminals actively seeking to grab as much user data and as many card numbers as possible.
Amazon, Apple, Facebook, Google and PayPal, the Gang of Five in the words of Mary Monahan, EVP at Javelin Strategy & Research, are more trusted than banks.
So much emphasis is now placed on our world being digitised, from our social interactions to how we browse and purchase items, to capturing our experiences via live streaming apps and photo-sharing sites to mention just a few. It was only a matter of time until money also went digital.
SAN Innoventures, the venture arm of the Santander Group, one of the world’s largest banks, announced today that it has put $4 million into Ripple’s Series A funding round, which now totals $32 million.
The Chicago Federal Reserve bank’s task force on improving the US payments system yesterday released a check list of criteria a new solution should meet.
TAS Group today announced that Cashless 3.0 has achieved Oracle Exadata Ready, Oracle Exalogic Ready, Oracle Database Appliance Ready and Oracle Big Data Appliance Ready status through Oracle PartnerNetwork.
Goldman Sachs, JPMorgan Chase and Morgan Stanley are teaming with SmartStream to create a new reference data utility, providing validation across all asset classes while sharing operations and technology costs.
Barclays has launched a new high-end banking service that lets its largest customers stay secure by using biometric security.
Kristo Kaarmann, one of the founders of peer-to-peer money sending firm TransferWise, has a glint in his eye as he recounts how the business he created with his friend Taavet Hinrikus has grown.
Cameron and Tyler Winklevoss were among a group of investors who put $1.5 million into BitInstant, a bitcoin exchange founded by a guy named Charlie Shrem.
The UN Global Goals outline 17 goals to End Poverty, Fight Inequality and Injustice, and Fix Climate Change. As you wonder about each of them, you realize that all of the goals are interdependent.