Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

News from Aug 16, 2017 to Aug 23, 2017

Date Imp Content
16/08/2017 Other News Urban FT throws a lifeline to Digiliti Money - Finextra (press release)

Urban FT throws a lifeline to Digiliti Money Urban FT has past experience in closing and integrating bolt-on acquisitions, from its 2015 takeover of Wipit to last month's buy out of mobile banking tech firm iParse. The company has made known its appetite for additional acquisitions of ...

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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 Other News Soon, Canteen Stores Department to go online - Times Now

Soon, Canteen Stores Department to go online Customers can select and make online payment directly to the white goods company via internet banking. Aside from expanding its depots, the retailer is also looking at putting in place systems that will allow customers to purchase the latest goods with ... Defence canteen, India's top retailer, to go online Times of India all 6 news articles »

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16/08/2017 Other News New fintech emoney company Xapo lands on the Rock - Gibraltar Olive Press (blog)

New fintech emoney company Xapo lands on the Rock Xapo has been granted an e-money licence to operate on the Rock after an 'extensive jurisdictional analysis'. The company views Gibraltar as an 'area of continuing growth as an international financial centre'. “We are delighted to have received our ... and more »

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16/08/2017 Other News Kenya: Pesa Link Moves Sh8bn in the First Five Months - AllAfrica.com

Kenya: Pesa Link Moves Sh8bn in the First Five Months Banks conceived Pesa Link in 2012 when they realised they were losing about Sh2.3 billion to telcos through mobile money transfer services. Payments from Sh1 million and above are effected through the electronic real-time bank transfer system.

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16/08/2017 Other News Apple Pay expands to 22 additional US institutions, available in more Russian, Chinese, UK banks - O'Grady's Power Page (blog)

Apple Pay expands to 22 additional US institutions, available in more Russian, Chinese, UK banks If you're traveling in Russia, China or just looking for additional U.S. banks that support Apple Pay , you'll like this. In recent days, Apple added Australia's Latitude Financial Services and RACQ to the roster of banks and institutions that support ...

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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 Other News Taking Cyber Security to Students - eHealth Magazine | Elets

Taking Cyber Security to Students E-Jagratha is an internet security awareness programme under the initiation of District Administration and District e-governance Society of Ernakulam, Kerala. Introduced in 2016 for government and aided high school students in collaboration with TCS …

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16/08/2017 Other News Canada's CIBC launches new brand, winds down Loblaw partnership - Reuters

Financial Post Canada's CIBC launches new brand, winds down Loblaw partnership TORONTO, Aug 16 () - Canadian Imperial Bank of Commerce said on Wednesday it plans to launch a new online banking brand to replace the PC Financial consumer banking business it operates in partnership with retailer Loblaw Companies Ltd. PC Financial customers to transfer to new direct bank brand Simplii as CIBC, Loblaw part ways Financial Post CIBC launches new direct banking brand through Simplii Financial Canada NewsWire (press release) all 10 news articles »

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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 Other News In pictures: HMS Queen Elizabeth II berths at Portsmouth harbour - The Times

In pictures: HMS Queen Elizabeth II berths at Portsmouth harbour A huge security operation was deployed as the warship pulled into port, with police on patrol at the water's edge. A no-fly zone was put in place to prevent drones flying around the harbour, roads were closed and ferry services had to alter their ... and more »

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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 Other News What is OAuth? What security pros need to know - CSO Online

What is OAuth? What security pros need to know You can use your password, phone, digital certificate, biometric identity, two-factor authentication (2FA) or multi-factor authentication (MFA) SSO solution to log onto one place, and not have to put in another access credential all day to access a ...

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16/08/2017 Other News FINCA, CallCourier join hands for cashless payments - Daily Pakistan

FINCA, CallCourier join hands for cashless payments According to a press release issued by the organisation, the partnership will enable collection of 'cash on delivery' by using SimSim digital wallet . “The aim of the alliance is to utilize the innovative digital payment methods that will provide hassle ...

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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 Other News Sri Lanka central bank accuses ICTA of stonewalling on NPP - EconomyNext

Sri Lanka central bank accuses ICTA of stonewalling on NPP - Sri Lanka's central bank said it supports digital payment systems while ensuring transactions security and accused the government Information and Communication Technology Agency (ICTA) of not being forthcoming about its proposed ... 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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