Analysis of News relating to the Digital Money Ecosystem

PayPal-backed alliance for blockchain-based digital IDs begins beta... - Finextra

17/07/2019 Link to source

PayPal-backed alliance for blockchain-based digital IDs begins beta...    LuxTrust S.A., a leading Digital Trust Services Provider in Luxembourg, and Cambridge Blockchain Inc., a pioneer in digital identity enterprise Software...

Context

	Luxembourg The Grand Duchy of Luxembourg is a landlocked country in western Europe, bordered by Belgium, France, and Germany.
	Southwest Border Anti-Money The Laundering Alliance (Alliance) The Southwest Border Anti-Money Laundering Alliance aims to enhance and coordinate investigations and prosecutions of money laundering in the Southwest Border Area (SWBA), the area within 200 miles of the United States/Mexico border.
	Blockchain Blockchain was founded in 2011 by Ben Reeves from the United Kingdom. Today it claims to be the most popular web based bitcoin wallet and most highly trafficked bitcoin website.
	PayPal PayPal is a preferred way to pay online because it is safer and faster. Checkout can be just a few clicks as PayPal takes the payment from the card or bank directly, and payment details are not shared on the internet.
	Blockchain Blockchain was founded in 2011 by Ben Reeves from the United Kingdom. Today it claims to be the most popular web based bitcoin wallet and most highly trafficked bitcoin website.
	Paypal (Global) PayPal positions itself as a preferred way to pay online because it is safer and faster. Checkout can be just a few clicks as PayPal takes the payment from the card or bank directly, and payment details are not shared on the internet.
	Blockchain My Wallet Blockchain offers My Wallet as a free online bitcoin wallet which consumers can use to make worldwide payments for free.
	Paypal Payment Code Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Paypal Access Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Paypal B2B Payment PayPal allows businesses to accept credit and debit card payments and PayPal payments from around the world.
	PayPal One Touch PayPal announced One Touch for merchants and app developers, from acquisiton Braintree and similar to their Venmo touch product.
	Deutsche Telekom-PayPal Carrier Billing PayPal and Deutsche Telekom entered a direct carrier billing relationship in February 2014 which enables Deutsche Telekom users to make purchases directly to their mobile phone account.
	PayPal Mobile SDK PayPal rolled out its mobile SDK where one simple integration can allow acceptance of both PayPal and credit card payments in an app.
	PayPal Russia Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	PayPal Pte. Ltd - Saudi Arabia Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	PayPal Wallet Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Identity This relates to identity and user identification that is the foundational building block for the development of digital money services.
	Zong - a service of Paypal Since August 2011, Zong is part of PayPal. Zong is a Mobile Payments provider and is available as a form of payment for Facebook Credits and virtual goods in 42 countries.
	Blockchain My Wallet Blockchain offers My Wallet as a free online bitcoin wallet which consumers can use to make worldwide payments for free.
	PayPal Payment across borders, from account or associated. Cannot do offline merchant payment and now with NFC on way may be too late.
	Deutsche Telekom-PayPal Carrier Billing PayPal and Deutsche Telekom entered a direct carrier billing relationship in February 2014 which enables Deutsche Telekom users to make purchases directly to their mobile phone account.

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