Clearly moving towards dominating the crypto payment market, Cardano (ADA) has moved a step forward in actualizing this with the launch of its prepaid card in South Korea. Seoul-based mobile fintech company, just announced the launch of the world's first crypto prepaid card. Metaps...
In the UK, financial authorities have searched 24 crypto money companies for the violation of compliance processes. Also known as the FCA; Since the beginning of this year, the crypto has been closely involved with the companies in the currency sector and has opened investigations one behind the other. While...
The results of a test involving the Canadian Central Bank, the Toronto Stock Exchange and other non-profit institutions were shared with the public. Accordingly, Blockchain was provided with information that could be used safely in bond agreements. The statement made by the joint venture of the three companies also stated that...
As one of the biggest multinational communications technology companies based in China, Huawei Technologies Co.  reported that users of smartphones will be able to download bitcoin wallets to new Huawei devices starting from May 11, 2018. According to BTC.com business associate deputy chairman Alejandro de la Torre, Huawei is going...
Fintech And Its Worldwide Impact On Businesses: How is Fintech affecting the global business? Well it is just a way of technology affecting finance in numerous weighs. So, if you are a customer wanting to pay or investor who wants to check out CFD trading ways, this take of technology...
According to reports, prosecutors in South Korea raided the UPbit , the biggest crypto money market in the country . According to CoinDesk Korea , auditors from the Prosecutor's Office in the southern Seoul region were searching for the headquarters in the Gangnam-gu district of the stock exchange on May 10-11 . UPbit is suspected for the charge of transferring the funds of the account...
Private equity group Nordic Capital is now the owner of a majority stake in Swedish online payments provider Trustly. Nordict Capital has recently purchased a majority stake of Trustly reportedly at around EUR700 million. The move of Nordic Capital is very significant for the company since Trustly offers cross-border payments to...
Two banks in Singapore and Lithuania have a forged a partnership in order to develop a FinTech ecosystems and encourage greater financial innovation in the two countries. The Monetary Authority of Singapore (MAS) and the Bank of Lithuania formally signed the FinTech Co-operation Agreement on the sidelines of the Money...
The moment of wearable payments is around the corner, as Visa has reached an agreement with National Bank of Greece and CaixaBank. The purpose of these deals is to allow customers to make secure transactions via their watches and jewellery. Mike Lemberger, head, product and solutions for Visa in Europe,...
Blockchain and the Fintech Industries: Have you heard the word cryptocurrency recently? If not you surely would have heard of bitcoin, or ethereum and another well-known cryptocurrency. Cryptocurrencies are based primarily on the blockchain. Other technologies and even some established organizations have delved a bit into blockchain and its...