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FinTech

FinTech

What will you be wishing for in 2015? On New Year’s Eve our minds will be occupied with future plans, expectations, concerns and also possible surprises. We’ve taken a look inside our own crystal ball to see through the mist of Christmas festivities and predict what awaits the financial technology

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FinTechNews

YellowPepper, a Latin American pioneer in mobile banking and payment solutions, has landed $19 billion in a Series C round led by LIV Capital. Investors include Mexico Ventures, a program managed by Sun Mountain Capital (a US-based venture fund), Fondo de Fondos, International Finance Corporation / World Bank Group and

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Artificial IntelligenceFinTechMachine Learning

The promise of Big Data and our ability to use it was a lofty one. Unfortunately, many Big Data efforts have turned out to be extremely costly, both in terms of the investment and the human capital required to draw insight out of it. While companies use many approaches to

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FinTechNews

Tripp Levy PLLC, a new York based, leading national securities and shareholder rights law firm, announced last week that it is investigating Coinbase, Inc. for allegedly making false and misleading statements to prospective and current users of Coinbase’s Bitcoin Exchange regarding its business. On January 26, 2015, Coinbase announced that

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FinTechNews

Bitcoin exchanges, which were initially established to bypass unnecessary bank fees and regulation, are now seeking government approval. Bitcoin enthusiasts were originally driven by the fact that its value wasn’t tied to government policies or geopolitical factors. Last week cryptocurrency prices surged following the promises of licensing and regulation (30%

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FinTechNews

Outside the US, Google wallet users could only purchase Android apps and content previously. But starting this week Google has announced Gmail money transfer’s launch in the U.K. People in the UK will now be able to quickly and securely send money to friends and family in the UK directly

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FinTechNews

Google Wallet has struck up a partnership with payment processor WePay and added about 200,000 online stores to support Google wallet. WePay facilitates transactions between merchants and payers on their platform, invoicing applications, marketplaces, and donation platforms like GoFundMe. It also provides payment processing for some 200,000 small and medium

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FinTechNews

Leading online payment portal TransferWise has received heavyweight backing after 4 years in the market from one of the top investment firms- Andreessen Horowitz. Established by Taavet Hinrikus and Kristo Käärmann in 2011 TransferWise is climbing up the league of online payment options with their competitive exchange rates and transparent

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FinTechNews

The Winklevoss twins, Cameron and Tyler are aiming to have a fully regulated Bitcoin exchange system based in the United States. Lacking any form of regulation Bitcoin has been under speculation over the last one year with countries like India, China and Russia trying to shut it down. The brothers

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FinTechNews

Bitcoin exchanger Robert Faiella, and Charles Shrem former CEO of BitInstant and one of the founding members of Bitcoin foundation, pled guilty to federal charges in a Federal District Court in Manhattan earlier this week. Faiella who used the name BTCking for these online activities, was accused of supplying $1

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