26 July 2016
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EC offers cash for fintech study
Wholesale banking

EC offers cash for fintech study

8 hours ago  | 0 comments | 8 tweets | 2 linkedin

The European Commission has issued a call for tender, offering up to EUR350,000 for a study on the continent's fintech sector.

Florida judge rules Bitcoin is not money
Blockchain

Florida judge rules Bitcoin is not money

6 hours ago  | 0 comments | 8 tweets | 4 linkedin

A US judge has ruled that bitcoin is not money, dismissing money-laundering charges against a man accused of selling the virtual currency to undercover detectives.

In a further post-Brexit boost to the UK's fintech sector, a New York-based blockchain consortium is to open a London office.

Singapore's Land Transport Authority (LTA) is teaming up with MasterCard for a pilot that will see participants pay for their train and bus journeys by tapping their contactless credit and debit cards.

Telefonica Germany has launched a mobile banking service using white-label technology supplied by Fidor Bank.

Distributed ledger technology could help with damage limitation in the event of service disruptions, as the paper ‘How to get a head on operational resilience’ discusses.

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Visa to open new Silicon Valley office
Retail banking

Visa to open new Silicon Valley office

25 July 2016  | 0 comments | 5 tweets | 2 linkedin

Visa is set to open a huge new Silicon Valley office that will house 300 staffers working on technology research, business intelligence, data security and merchant solutions.

Gibraltar Stock Exchange (GSX) claims it is the first execution venue in Europe to list a European regulated product based exclusively on the crypto currency.

UK startups get Brexit boost while UK funds suffer
Brexit

UK startups get Brexit boost while UK funds suffer

25 July 2016  | 1 comments | 12 tweets | 13 linkedin

Venture capitalists have invested more than $200m in UK tech startups in the month following the controversial Brexit vote, allaying fears that London's growing tech sector would be one of the first casualties of the withdrawal from the European Union.

Most Americans foresee death of cash in their lifetimes
Cards

Most Americans foresee death of cash in their lifetimes

25 July 2016  | 0 comments | 18 tweets | 16 linkedin

More than half of Americans still like to have cash on them at all times but 62% expect the US to become a cashless society in their lifetimes, according to a Gallup survey.

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