BitTorrent’s latest update is reportedly coming bundled with a software called Epic Scale, a Bitcoin miner that purports to use your ‘unused processing power to change the world.’ Epic Scale, a Window’s program allegedly being downloaded silently, uses the computer’s processor to mine a bitcoin variant Litecoin. Bitcoin.Inc was prodded
US Bancorp is planning to launch its own mobile wallet services. A company executive Niti Badarinath made this announcement in the Bank Innovation 2015 in Seattle, iterating that it is something they are working on. Minneapolis-based U.S. Bancorp (NYSE:USB), with $403 billion in assets as of Dec. 31, 2014, is
Google acquired technology and intellectual property from Softcard last month in lieu of which Softcard has announced that its shutting down on 31st of March. The Softcard app will instead be replaced by Google Wallet. Softcard announced in a statement: “We are pleased to let you know that Google has
World’s top financial institutions led by Goldman Sachs have made a $66 million capital investment in new company Symphony Communication Services Holdings LLC which acquires Perzo Inc. Symphony is an open-source, secure communication and workflow platform that aims to improve workplace productivity and connects users to their community. Leading financial
Worldpay, an international payment service company has committed $1M for the fintech entrepreneur program at Georgia Tech’s Advanced Technology Development Centre. The company will fund a new accelerator at ATDC for the next three years, which will include hiring a FinTech expert to serve as an entrepreneur-in-residence to mentor start-ups.
With Apple and Google making headway with mobile payment solutions, PayPal is now entering the league following its announcement to acquire mobile payments platform Paydiant. While the name doesn’t ring a bell immediately, Wellesley, Mass based Paydiant has been the driving force behind mobile payments for companies like Subway, Harris
What is Traxpay’s mission statement? Traxpay’s mission is to transform the way that companies pay and get paid, and to supercharge supply chains via faster, smarter, more transparent financial transactions on a global basis. Traditional (or static) B2B payment providers operate in a single dimension by moving funds from point A
Barclays will be the first British bank to offer payments using their twitter handle. The service – powered by its Pingit mobile phone app – aims to give the UK’s 13.5 million Twitter users the ability to make swift, secure payments through the social network without providing either their bank
Bank of England has released a paper termed the ‘one bank research agenda’ which discusses five main themes, spanning all aspects of central banking and focusing in particular on the intersections between policy areas, one of them being ‘The Central bank response to fundamental technological, institutional, societal and environmental change.’
What is Ebury’s mission statement? Ebury, the global business finance specialist, is empowering the SME sector to trade smarter with the world, giving smaller businesses the negotiating muscle they need to maximise profits and perform like major corporates. Global trade is the catalyst for economic growth in London both today and tomorrow.