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Despite Potential Economic Slowdown; Citi Goes Big on Credit Cards
6.9.2019
When there is an economic slowdown, then the availability of credit dries up instantly and eventually, the government of the country’s central bank has to stimulate the economy through financial packages. Banks generally stop the tap as far as giving any kind of credit is concerned and eventually...
Crypto Lending Platforms Prepare to Assail the Banking System
30.8.2019
The battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate...
PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in Crypto
26.8.2019
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers?
The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully...
Apple Credit Card is Not To Be Kept in Leather Wallet or Nearby Denim, Warns Apple
22.8.2019
One of the biggest developments this year in the financial world has been the launch of the Apple credit card earlier this month. Over the past decade and a half, the tech giant has entered a range of different businesses and managed to turn it around altogether. The Apple Credit Card, produced...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Traditional Financial Organizations Face Heat from Apple Following Credit Card Launch
12.8.2019
Over the year, some of the biggest tech companies in the world have made forays into businesses that are starkly different from their core business and managed to make it a complete success. For instance, Apple entered into the music industry by way of the iPod and iTunes and eventually changed...
Goldman Sachs and Apple Have Started Issuing Long-Awaited Apple Credit Cards
7.8.2019
Apple has always been known for producing innovative products and moving into industries in which it did not have any presence at all. The company proved it by moving into the music & smartphone industries in the 2000s. Now, it is moving into the credit card industry. Last month, the tech giant...
Apple’s Credit Card to Be Launched in August, Says CEO Tim Cook
31.7.2019
Over the course of the past two decades, tech giants have managed to enter industries that seemed out of their reach and more often than not, they have managed to make it a success. In that regard, Apple has been remarkably successful by entering industries in which no one expected them to succeed....
Korea’s Biggest Credit Card Firm Wins Patent for Blockchain Credit System
15.7.2019
Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards
Poloniex Crypto Exchange Users Can Now Use Cards and Bank Accounts
10.7.2019
Poloniex customers can now use credit and debit cards or bank account deposits to purchase crypto
Three Bank Failures Open New Chapter in Never-Ending Financial Crisis
5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...
OKCoin To Offer Credit And Debit Card Deposits In Partnership With Simplex
19.6.2019
OKCoin, one of the leading digital asset exchanges across the world, recently announced on 17th June 2019 its partnership with Simplex, a fraudless payment processing provider based in Israel. The collaboration is aimed at allowing global users of OKCoin to deposit United States Dollars onto...
Philippine Bank RCBC Waiting For Regulatory Consent To Present Stablecoin On IBM Blockchain
30.5.2019
The most significant credit card issuing bank of Philippines is waiting for regulatory approval to issue Philippine Peso based digital coin on the newly launched blockchain of IBM. The blockchain of IBM is a real-time worldwide payment network, specially created for the financial institutions...
How Crypto-Based Microfinance Benefits Small Businesses
27.5.2019
Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining...
Crypto.com’s Crypto Earn and Crypto Credit are Making New Waves in the Banking Market
17.5.2019
Crypto.com has announced the launch of “Crypto Earn and Crypto Credit” system. This scheme point blank is targeting to replace the regular bank account dealings, dependency, system, and maybe it is an overall enhancement over the traditional banking system. The company made this announcement...
Crypto Platform Will Allow Workers to Receive Salary They Are Owed on Demand
16.5.2019
A crypto startup is aiming to help hard-working individuals struggling to cope with sudden expenses by enabling them to receive their salaries in advance #SPONSORED
Now Users Can Make Credit Card Transactions On Kucoin Platform
13.5.2019
The Simplex has been added to the KuCoin App, enabling the purchase of cryptocurrency through credit card. In Simplex, every transaction is analyzed using proprietary, fully automated machine training algorithms from Simplex’ IA Technology to eliminate fraud while increasing conversion. #Simplex...
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
10.5.2019
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator...
Český insurtech startup DOK získal investici 100 milionů od Home Creditu
4.2.2019
Insurtech služba DOK, která jako první v Česku přišla s myšlenkou automatizace pojišťovacího makléře, získala 100 milionů korun na další rozvoj. Investici plánuje použít primárně k vývoji vlastní umělé inteligence a k postupnému rozšíření na další trhy. Investorem projektu je Skupina Home Credit...
Citi: Bitcoin a Threat to Debit and Credit Card Issuers
2.6.2014
Citi suggests that digital currencies may challenge debit and credit card companies if adoption grows