Taking a step back from the wireless digital wallet solutions by Apple and Google, startup Qvivr has launched ‘Swyp’, a smart digital wallet that can hold upto 25 cards ranging from credit cards, debit cards, loyalty cards, gift cards to frequent flyer cards; essentially any magnetic stripe based card. Developed

CHARLOTTE, NC – January 27, 2015- Carlisle & Gallagher Consulting Group, a business and technology consulting firm exclusively focussed on financial services industry released findings which predict that Phablets will dominate the mobile device market share by 2020. C&G surveyed 1,005 U.S. consumers online as well as interviewed top financial

In the new partnership between start-up Stripe and Intuit Inc., a leading provider of business and financial management solutions for small and mid-sized businesses, a new product has been developed for on- demand workers to help them recognise payments as income and optimise taxes and maximise deductions. San Francisco based

January 26, 2015- The Federal reserve issued a report titled “Strategies for Improving the U.S. Payment System” offering solutions to enhance the speed, safety and efficiency of the U.S. payment system. Falling behind various other countries in optimization of payment systems, the Fed is finally is adopting these measures. “A

January 23rd 2014- At the Cyber Defence and Network Security conference, London, Andrew Gracie, executive director, Bank of London gave a speech (.pdf) about the cyber threat that looms over the Financial sector. He said that the sector must contemplate the possibility that core functions in firms, the financial market

Following Russia’s annexation of Crimea last year, tech companies are blocking transactions in the region, upholding the U.S. sanctions on Crimea. These blocks have been brought about to exert pressure on Russia which is in conflict with Ukraine over Crimea. Both the U.S. and Europe support Ukraine in the conflict.

eBay, one of the largest e-commerce companies has announced a spinoff from its payments service PayPal. Ahead of this move they plan to cut about 7 percent of its staff spreading across various departments. John Donahoe president and CEO of ebay Inc said, “We plan to reduce our workforce globally

Y Combinator backed startup True Link has raised $3.4 million from a group of investors led by Cambia Health Solutions. Kapor Capital, Collaborative Fund and Generator Ventures are also participants. Cambia Health Solutions is a non-profit total health solutions company based in the Pacific Northwest/Intermountain region, serving consumers and communities