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The Bank of Google Wants Your Spending Data
16.11.2019
The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and...
The aBey Foundation Introduces new Crypto-Enabled Credit Card Technology
16.11.2019
The bridge between crypto and fiat is getting faster and stronger
Trust Wallet Allows Tron (TRX) Purchase Through Credit Card
15.11.2019
Having established itself as one of the leading blockchain networks in the global space, the renowned TRON network has added yet another feature to its credit to facilitate the customer base. As part of the collaboration, the two leading platforms will now allow the users to send and receive TRC20...
Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions
12.11.2019
Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent...
YOUChain Works With LongShine for Blockchain-based Professional Credit Asset Platform
7.11.2019
China’s human resource management software and cloud service provider LongShine has partnered with YOUChain, which aims to create a blockchain-based YPoS consensus mechanism and original investment model for large-scale commercial applications. The two will cooperate in areas such as work contract...
Fineon Teams Up With Aon to Cater Credit Insurance on Export Finance Platform
6.11.2019
Fineon Exchange is one of the more innovative finance companies in Europe, and in a new development, it has emerged that the Luxembourg based company has teamed up with Aon for one of its latest projects. Fineon has launched a highly innovative platform meant for providing export finance, and...
Binance.US Now Lets Users Buy Cryptocurrency With Debit Cards
2.11.2019
Binance.US customers can now purchase cryptocurrencies with their debit cards
Argentina’s Central Bank Bans Bitcoin Purchases With Credit Cards
1.11.2019
Card purchases of Bitcoin banned in Argentina as central bank tightens controls
SEC, CFTC Charge XBT Group With Selling Unregistered Swaps for Bitcoin
31.10.2019
The SEC and CFTC have settled charges with XBT Corp. after alleging the company sold unregistered security-based swaps for bitcoin
Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....
Blockchain-based Lending Platform Nexo Lowers Interest Rates on Instant Credit Lines
25.10.2019
Nexo, the leading blockchain-backed overdraft platform that gives instant crypto loans to customers, has announced the news about its lowered interest rates on its instant credit services. The crucial information was broadcasted through an official press release on October 22, 2019, by Nexo....
Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines
25.10.2019
Crypto lending platform lowers borrowing rates after having secured long-term cost-efficient financing
How Centralized Payment Systems Learned to Accept Decentralized Cryptocurrency
23.10.2019
They might not be shouting it from the rooftops, but fiat payment gateways are no longer the enemy of bitcoin. Hostilities have ceased, the bad blood has been let, and today the fiat and crypto worlds are bridged and doing business. Despite the two systems sporting opposing aims and architecture...
Malaysia Regulator Approves International Crypto Exchange Luno
23.10.2019
The strict financial regulator in Malaysia is trying to help the local fintech industry scale up and attract new investors. As part of that trend the Malaysia Securities Commission is recognizing the right of cryptocurrency exchanges such as Luno to serve local customers. Also Read: Credit Suisse...
Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
22.10.2019
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...
HSBC Issues First Letter of Credit on a Live Blockchain in Malaysia, Involves Firm Importing Resins
16.10.2019
The list of use cases of blockchain just got bigger as banking giant HSBC has issued a Letter of Credit on a live blockchain. The transaction involves a company called Simply Packaging for importing resin from a Singaporean company. The European bank’s Malaysian arm was the issuing party, while...
HSBC Enacts a Letter of Credit on a Blockchain in Malaysia
16.10.2019
Major bank HSBC announces first successful enactment of a letter of credit on a blockchain in Malaysia
Wales to Develop Local Cryptocurrency to Underpin Mutual Credit System
15.10.2019
Wales plans to test and subsequently launch its own cryptocurrency to boost the local economy
Wombat Network Partners With Carbon to Enable Use of Credit and Debit Cards for Trading Purposes
13.10.2019
Wombat, the popular platform facilitating users to explore the blockchain arena at ease, has announced its collaboration with payments network, Carbon to render the customers with a golden opportunity to buy cryptocurrencies with their credit or debit cards. Carbon @carbon_money meets Wombat!...
Betra the Platform That Fosters Credit Card Use for Trading
13.10.2019
In the highly diversified arena of cryptocurrencies, there exists a stiff competition amongst the crypto entities to outshine their rivals in terms of customer involvement and profits. The crypto houses are always in urge to explore revolutionary advancements for their respective platforms so that...