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
15/09/2017 Top News Bitcoin is still sliding after Thursday's wipeout - Business Insider UK

Bitcoin is still sliding after Thursday's wipeout The cryptocurrency has started Friday on the backfoot too. At 7.50 a.m. BST (2.50 a.m. ET), Bitcoin is down 1.7% against the dollar to $3,193.40. The below chart shows what a terrible week it's been for Bitcoin, shedding over $1,000 in value over the ... and more »

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15/09/2017 Top News Facebook-linked mobile lender raises Sh200m for M-Pesa loans - Daily Nation

Facebook-linked mobile lender raises Sh200m for M-Pesa loans Branch says it has disbursed Sh4 billion via mobile money platform M-Pesa since its Kenya launch in April 2015. Centum-owned Nabo Capital was the arranger of the debt facility - using Branch's loan book as collateral. READ: Mobile app lender Branch ... and more »

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15/09/2017 Top News Equifax Breach Prompts Scrutiny, But New Rules May Not Follow - New York Times

Equifax Breach Prompts Scrutiny, But New Rules May Not Follow “Tight security standards are expensive,” he said during congressional testimony in 1969. “Since credit bureaus are almost entirely responsive to the needs of business and have little responsibility to consumers, it is difficult to see major ... The FTC is investigating the Equifax breach. Here's why that's a big deal. Washington Post After Equifax Hack, Groups Press for Stronger Data Breach Laws Associations Now Retailers Outline Four Principles of Data Security NACS Online Chain Store Age  - Law360 (subscription) all 826 news articles »

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15/09/2017 Top News Google Likely To Launch Mobile Payment Service In India - CXOToday.com

Google Likely To Launch Mobile Payment Service In India Google is looking at launching a localized digital payment service in India, according to media reports. The payment service called Google 'Tez' is expected to be rolled out as early as next week and will offer a wide-ranging set of payments options ... Google to launch mobile payment app in India TechJuice (press release) (blog) all 8 news articles »

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15/09/2017 Top News British government launches cyber security code of practice for ships - Splash 247

British government launches cyber security code of practice for ships The UK government has launched a code of practice for ship operators to handle cyber security . Parliamentary undersecretary for aviation, international and security at the Department for Transport Martin Callanan said the new Cyber Security Code of ...

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15/09/2017 Top News Uzbek banks buy over $300M as free currency conversion is introduced - Trend News Agency

Uzbek banks buy over $300M as free currency conversion is introduced Individuals – residents of Uzbekistan – received the right to freely sell foreign currency in exchange offices and buy it in conversion departments of banks with transferring the purchased funds to international payment cards and using them abroad ... and more »

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15/09/2017 Top News J&K Bank launches multi-function Campus Card for Students in Jammu University - Kashmir Life

J&K Bank launches multi-function Campus Card for Students in Jammu University The arrangements were made by the Bank for on spot opening of accounts, issuance of debit cards, credit cards, Aadhar Seeding of accounts, registration for mobile (Mpay) and e-banking services besides providing orientation for using the digital ... and more »

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15/09/2017 Top News SocGen Takes Up Challenge From Orange With African Mobile Bank - Bloomberg

SocGen Takes Up Challenge From Orange With African Mobile Bank Orange, France's former phone monopoly, has become a leading online payment provider in parts of Africa over the last few years. It's Orange Money operations have 32 million clients in more than 10 countries in Africa and the Middle East for payments ... and more »

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15/09/2017 Top News Modi's Digital Payment Push is Struggling to Take Off in Rural India ... - The Wire

Modi's Digital Payment Push is Struggling to Take Off in Rural India ... An internal NCPI-commissioned study shows that adoption of BHIM and BHIM-Aadhaar are being hindered by implementation and design issues in semi-urban ... and more »

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15/09/2017 Top News China's WeChat Crackdown Drives Bitcoin Devotees to Telegram ... - Bloomberg

China's WeChat Crackdown Drives Bitcoin Devotees to Telegram ... The country's crackdown on bitcoin and WeChat, the nation's dominant messaging app, is sending users of both to Telegram and other encrypted services ... and more »

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15/09/2017 Top News After cracking down on cryptocurrencies, China wants regulatory framework to support digital tokens - CNBC

After cracking down on cryptocurrencies, China wants regulatory framework to support digital tokens A senior executive at China's internet finance association has urged Chinese regulators to create a framework of regulations to support the development of digital currencies amid a fierce crackdown on trading on virtual tender such as bitcoin. Li Lihui ...

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15/09/2017 Top News Bitcoin fans fire back at Jamie Dimon after 'fraud' comment - CNBC

Bitcoin fans fire back at Jamie Dimon after 'fraud' comment If JPMorgan CEO Jamie Dimon was trying to set off the bitcoin community with his criticism of cryptocurrency, he succeeded. On Tuesday, Dimon called bitcoin a "fraud," described it as "not a real thing" and said, "someone is going to get killed.". Why Big Banks Attacked Bitcoin Forbes China's Bitcoin bans are speed-bumps on the journey, but don't stop believing TNW Bitcoin faithful rage against Jamie Dimon MarketWatch VentureBeat  - Express.co.uk  - Bitcoin News (press release)  - Wall Street Journal all 111 news articles »

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14/09/2017 Top News 'Breaching Laws': BB asks bKash to suspend 2887 agents - The Daily Star

'Breaching Laws': BB asks bKash to suspend 2887 agents The central bank has ordered mobile financial service provider bKash to suspend activities of 2,887 agents for breaching money laundering and terrorism financing laws. The Bangladesh Financial Intelligence Unit (BFIU), the anti-money laundering wing of ...

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14/09/2017 Top News $90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details - CoinDesk

$90 Million Budget: Japan's GMO Reveals More Cryptocurrency Mining Details GMO is not the only company to get involved in cryptocurrency mining. Japanese e-commerce giant DMM announced they would also be getting involved with the business. They plan to begin testing in October, and may enter full production by the end of ...

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14/09/2017 Top News UBF launches first cyber threat sharing platform for UAE banks - gulfnews.com

UBF launches first cyber threat sharing platform for UAE banks A recent survey of more than 800 representatives from financial institutions worldwide found that a cyber security incident involving a bank's online banking services costs the organisation $1.75 million (Dh6.43 million) on average. That's twice the ... and more »

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14/09/2017 Top News SocGen launches mobile wallet for African unbanked - Finextra

SocGen launches mobile wallet for African unbanked YUP is accessible via an expanded network of distributors equipped with adapted terminals and, of course, via the mobile banking app of Societe Generale's (www.SocieteGenerale.com) different banks throughout Africa. With YUP, Societe Generale is widely ... and more »

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14/09/2017 Top News Samsung Pay to Launch in South Africa Later This Month - Geeky Gadgets

Samsung Pay to Launch in South Africa Later This Month Samsung Pay is already available in a handful of markets across the globe, and it seems the Korean company is all set to add more markets to the compatibility list. According to a new report, Samsung Pay will launch in South Africa on September 22nd ... and more »

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14/09/2017 Top News MTN Uganda to enable social security contributions via mobile money - Telecompaper (subscription)

MTN Uganda to enable social security contributions via mobile money MTN Uganda and the National Social Security Fund (NSSF) have announced a partnership to enable payment of social security contributions using mobile money , reports The Monitor. This will make it convenient for their customers, by avoiding long bank ...

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14/09/2017 Top News Samsung launches Note 8 in China, confident in winning back consumers - China Daily

Samsung launches Note 8 in China, confident in winning back consumers The two companies also have partnered in adopting NFC, or near-field communication , technology to unlock bikes, the executive said. As pre-orders for the Note 8 in China will run from Wednesday to Sept 26 and its sale will begin on Sept 29, the market ... and more »

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13/09/2017 Top News To coin a craze: Silicon Valley's cryptocurrency boom - Financial Times

To coin a craze: Silicon Valley's cryptocurrency boom The value of Ripple — at five years, a cryptocurrency veteran — soared this year on a wider boom that was led by bitcoin. Ripple's notional value, including coins held by the company for later sale, jumped from $500m at the start of the year to more ... Bitcoin investors could lose all their money, FCA warns | Business ... The Guardian Cryptocurrency chaos as China cracks down on ICOs Reuters UK watchdog warns consumers on cryptocurrency fundraisings CNBC Interactive Investor  - Money Observer  - This is Money  - FCA all 104 news articles »

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12/09/2017 Top News JP Morgan boss: trading Bitcoin is 'stupid' and 'will blow up' - Telegraph.co.uk

JP Morgan boss: trading Bitcoin is 'stupid' and 'will blow up' JP Morgan boss Jamie Dimon has said he would fire anyone trading bitcoin because it is "stupid" and "will blow up" - slamming the digital currency a day after the City watchdog sounded a warning of its own. Bitcoin fell as low as $3,812 on Wednesday, ...

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12/09/2017 Top News Bitcoin investors could lose all their money, FCA warns | Business ... - The Guardian

Bitcoin investors could lose all their money, FCA warns | Business ... UK financial watchdog spells out risk for those participating in initial coin offerings using cryptocurrencies. Don't get bitten by bitcoin fundraising, watchdog warns Citywire.co.uk UK watchdog warns consumers on cryptocurrency fundraisings CNBC Warning over 'high-risk' Bitcoin investments Cambridge News FCA  - BoxMining all 104 news articles »

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12/09/2017 Top News 3,000 Swedish commuters using microchips as travel cards | Daily ... - Daily Mail

3,000 Swedish commuters using microchips as travel cards | Daily ... In a new interview with the BBC, Stockholm-based SJ Rail revealed that an estimated 3000 people now use microchips as travel cards in Sweden. and more »

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12/09/2017 Top News Orange Liberia to offer mobile money tax payments - Telecompaper (subscription)

Orange Liberia to offer mobile money tax payments Orange Liberia has entered into a new partnership with the Liberian Revenue Authority (LRA) for the roll-out of a mobile tax payment platform. The Orange mobile money service provides an easy, affordable and convenient way for hundreds of thousands of ... Liberia: Lonestar Cell, LRA Agree On Mobile Tax Payment Services AllAfrica.com all 2 news articles »

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11/09/2017 Top News Fed outlines plans to improve the payment system in the United States - Financial Regulation News

Fed outlines plans to improve the payment system in the United States Federal Reserve work to reduce fraud risk and advance the safety, security, and resiliency of the payment system will expand beyond its Secure Payments Task Force to include a comprehensive analysis of payment security vulnerabilities, potential ... and more »

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