Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Significant News

Date Imp Content
16/08/2017 Top News CIBC to swallow PC Financial's banking business, rebrand as Simplii - CBC.ca

CIBC to swallow PC Financial's banking business, rebrand as Simplii ... we're going to invest in the offer. We at CIBC have a long history of being known for innovation." The new division will provide more options for the full range of client needs, from no-fee online banking to more advice-oriented customer service ...

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16/08/2017 Top News Infoblox Bolsters Threat Intelligence by Collaborating with Department of Homeland Security - SYS-CON Media (press release)

Infoblox Bolsters Threat Intelligence by Collaborating with Department of Homeland Security Infoblox ActiveTrust suite provides real-time automated sharing of threat intelligence to deliver stronger and more effective protection against cyberattacks. The partnership of the public and private sector allows organizations to benefit from shared ... Infoblox Appoints Ashraf Sheet as MEA Regional Director to Drive Company's Regional Expansion MENAFN.COM all 1 news articles »

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16/08/2017 Top News National Bank of Kenya and WorldRemit's join monetary forces - Gears Of Biz

National Bank of Kenya and WorldRemit's join monetary forces NAIROBI – The National Bank of Kenya (NBK) joined a partnership with digital money transfer service, WorldRemit to offer instant money transfers to Kenya. The newly-formed allegiance sees a partnership which will enable Kenyans living abroad to make ...

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16/08/2017 Top News In India, it is the beginning of the end for ATMs - Economic Times

The Hindu In India, it is the beginning of the end for ATMs Mobile banking transactions surged to 390 million in 2015-16 from 53 million in 2012-13, data from the regulator shows. The advent of wallets such as Paytm, which can be used to pay from bubble gums to television sets, has made the younger generation ... ATM withdrawals rise, so do PoS transactions The Hindu As India Decisively Shifts Towards Digital, ATMs May Become A Relic Of The Past Swarajya Are ATMs being driven to extinction? Demonetisation, digitisation have the answer International Business Times, India Edition all 4 news articles »

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16/08/2017 Top News CIBC to cut ties with President's Choice, unveils own digital bank - The Globe and Mail

CIBC to cut ties with President's Choice, unveils own digital bank Canadian Imperial Bank of Commerce is severing a nearly 20-year relationship with President's Choice Bank and launching a new branchless banking brand called Simplii Financial. Canada's fifth largest bank by assets will move roughly two million ... and more »

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16/08/2017 Top News Is Whatsapp launching a payment sending feature? - AOL UK

Is Whatsapp launching a payment sending feature? Sending instant payments is already available on Facebook Messenger, but adding it to WhatsApp could make it even more popular. The idea is that small amounts of money - for a taxi fare or round of drinks - could be quickly and conveniently sent ... and more »

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16/08/2017 Top News Mobile payment usage 'remains low', US debit card study finds - NFC World

Mobile payment usage 'remains low', US debit card study finds “Combined, Apple Pay, Android Pay and Samsung Pay account for only about one quarter of 1% of US debit transactions,” the annual Debit Issuer Study from debit and ATM network Pulse has found, while the country's move to EMV chip cards has cut debit ...

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16/08/2017 Top News Apple Sets $1 Billion Budget for Original TV Shows, Movies (Report) - Variety

The Australian Apple Sets $1 Billion Budget for Original TV Shows, Movies (Report) Cue, who reports to CEO Tim Cook, is in charge of the iTunes Store and Apple Music, along with other products and services including Apple Pay , Siri, Maps, and iCloud services. “We have exciting plans in store for customers,” Cue said in announcing the ... Apple sets sights on Hollywood TV programming The Australian all 21 news articles »

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16/08/2017 Top News Samsung to power biometric authentication pilot for Bank of America - Banking Technology

Samsung to power biometric authentication pilot for Bank of America Samsung will launch a pilot programme that enables Bank of America (BofA) customers to log into their mobile banking app by taking a picture of their eye, reports Finovate ('s sister company). According to a report from American ...

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16/08/2017 Top News 'Bitcoin is no rival to gold' - The Hindu

' Bitcoin is no rival to gold' Writing in the latest issue of Gold Investor, published by the World Gold Council, he said that in March 2017, when the price of Bitcoin surpassed the price of an ounce of gold for the first time, many thought gold had found a digital rival. “It hasn't ... and more »

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16/08/2017 Top News UAE likely to see increased cashless transactions by 2020 - Zawya

UAE likely to see increased cashless transactions by 2020 Second, popular smartphone brands are bringing cashless Near Field Communication technologies in the UAE, with brands like Samsung already enabling its Samsung Pay technology at Points of Sale in the UAE, and Apple making moves to launch its own ... and more »

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16/08/2017 Top News Beijing subway passengers can now pay by mobile – unless it's an iPhone - South China Morning Post

Beijing subway passengers can now pay by mobile – unless it's an iPhone Beijing subway users have given a mixed response to this week's official launch of mobile phone payments on the capital's metro system in China's latest move to embrace a cashless society. Public reception of the new service has been generally positive ...

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16/08/2017 Top News Bitcoin is a bubble – but bubbles change the world - MoneyWeek

Bitcoin is a bubble – but bubbles change the world The price of a bitcoin is $4,250 as I write this. It'll probably be $5,000 by the time you read it. The comment is not quite as flippant as it sounds. Bitcoin rose 20% over the weekend – while all other markets were closed. Why shouldn't it rise by a ...

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16/08/2017 Top News Alipay Hopes to “Export” Chinese Mobile Payments to Japan - Jing Daily

Alipay Hopes to “Export” Chinese Mobile Payments to Japan Nonetheless, cash use was still dominant in China only a few years ago and mobile payments, including Alipay, Android Pay , and Apple Pay, could dramatically affect spending behavior in Japan like mobile payments have in China. Alipay and other payment ... and more »

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15/08/2017 Top News Kenyan mobile money subscriptions reach 27.5 mln in Q3 - Telecompaper (subscription)

Kenyan mobile money subscriptions reach 27.5 mln in Q3 Kenya's number of mobile money subscriptions stood at 27.5 million in the third quarter for January to March and the number of active mobile money transfer agents was registered at 174,018, according to the latest statistics from industry regulator CA. and more »

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14/08/2017 Top News Is this the end of fintech as we know it? - Banking Technology

Is this the end of fintech as we know it? Usage of online banking has more than doubled since 2007, kindling a banking revolution through which the UK has lost 40% of its banks and building societies since 1989. Online banks offer two key services: better banking deals and superior user ...

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14/08/2017 Top News Global Remittances amidst Global Uncertainty - MarketExpress

Global Remittances amidst Global Uncertainty Remittances are a new financial phenomenon and one of the main important sources of incomes based on its size and economic impact in the world. Data from (World Bank, 2015) indicates that global remittance has crossed 0.5 trillion dollars in 2015 which ...

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14/08/2017 Top News UK government publishes consultation on NIS Directive - Lexology (registration)

UK government publishes consultation on NIS Directive The EU Network and Information Security (NIS) Directive (the "Directive") aims to establish an EU-wide security framework , including cyber security, which will complement the new data protection requirements detailed in the GDPR. The UK government ... and more »

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14/08/2017 Top News UK/India consortium explore blockchain for healthcare IoT security - The Internet of Business (blog)

UK/India consortium explore blockchain for healthcare IoT security Following a recent flurry of cyber attacks exposing the inadequacies of IoT security , a healthcare-focused consortium, led by network security engineers from City University London and the Indian Institute of Technology Kharagpur, is looking to ...

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14/08/2017 Top News June 2017: Mobile Wallet transactions in India down by almost 100M in 2 months - MediaNama.com

June 2017: Mobile Wallet transactions in India down by almost 100M in 2 months There's a hint of a change in the Mobile Wallets space in India, and it isn't looking good. For the second month in a row, there was a significant decline in wallet transactions, as mobile wallet transactions declined by 99.24 million in May and June ... and more »

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12/08/2017 Top News Amazon launches digital wallet - Times of India

Amazon launches digital wallet BENGALURU: Amazon Pay, the e-commerce company's digital wallet , has just launched a payment option that directly competes with rival Flipkart's PhonePe and other mobile wallets like Paytm. It's a wallet service, unlike the gift card option that Amazon ... and more »

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11/08/2017 Top News Apple Pay Could Launch in Germany as Early as Next Month - Mac Rumors

Apple Pay Could Launch in Germany as Early as Next Month The last rumor came back in May and suggested that Apple Pay would launch in the country in the fall or winter, but today one MacRumors reader provided us with another potential hint that Apple is gearing up to introduce its mobile payment system in ... Fifth beta of iOS 11 hints at German Apple Pay rollout iLounge all 2 news articles »

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11/08/2017 Top News Police shut down scam 'cryptocurrency boiler room' in the City - Telegraph.co.uk

Police shut down scam ' cryptocurrency boiler room' in the City Police have shut down a fraudulent cryptocurrency business in the City of London after it was found to be cold calling investors and attempting to sell them fake online money. Fraudsters allegedly set up the business in London's square mile in an ... Police make arrest over London ' cryptocurrency boiler room' Financial Times Police have broken up an alleged cryptocurrency 'boiler room' in London Business Insider Man arrested over London City cryptocurrency boiler room scam The INQUIRER Citywire.co.uk  - City A.M.  - Finance Magnates all 13 news articles »

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11/08/2017 Top News Wells Fargo accused of ripping off mom-and-pop shops - Good4Utah

Wells Fargo accused of ripping off mom-and-pop shops For several years, Wells Fargo's merchant services division overcharged small businesses for processing credit card transactions, a lawsuit alleges. Business owners who tried to leave Wells Fargo were charged "massive early termination fees," according ... Wells Fargo also gouged small businesses on credit-card fees Boing Boing Wells Fargo accused of ripping off small businesses Mortgage Professional America Lawsuit alleges Wells Fargo preyed on mom-and-pop businesses UPI.com WLTZ 38 NBC  - Yahoo Finance  - Zacks Investment Research all 329 news articles »

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10/08/2017 Top News The Crypto Bubble, Part I - BullionVault

The Crypto Bubble, Part I "[B]itcoin's mysterious, pseudonymous founder, one 'Satoshi Nakamoto', specifically mimicked gold in developing his digital money , which becomes more difficult to 'mine' with the passage of time. Its value, like gold's, is ultimately based on its ...

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