Investors are pumping $66 million USD into fintech startup Revolut, which plans to offer cryptocurrency services starting next week. The London-based company wants to expand into North America and Asia -- and also hold a crowdfund. Also read: Under a SoundCloud: Popular Audio Service in Trouble Amid Layoffs, Resignations Bloomberg reported that Revolut will allow its … [Read more...] about Fintech Rebel Revolut Promises Cryptocurrency Accounts as It Raises $66 Million
With the help of researchers using IBM’s cloud-based quantum computer concept, cryptocurrencies may soon be replaced by a new and improved way of making payments -- quantum checks. Also read: Hackers Access Payment Data for 14 Trump Hotels Worldwide Quantum Computing: Reimagining Old Money The researchers have been hard at work testing out the concept of securing money … [Read more...] about ‘Quantum Checks’ to Replace Cryptocurrencies in the Future?
Ethereum developer, Nick Johnson, has announced a contest to create the most deceitful ICO scam using Solidity, Ethereum’s primary programming language. Also read: How the 2017 Future of Bitcoin Conference Took Us by Surprise – A Recap The Underhanded Solidity Coding Contest “The Underhanded Solidity Coding Contest,” inspired by the similarly-named Underhanded C Coding … [Read more...] about Ethereum Developer Offers Reward For Engineering an ICO Scam
PayPal, the digital payments giant, has announced that it's made a decision to invest in alternative finance company LendUp. Also read: Australia, Japan Expect Business Growth as Bitcoin Sales Tax Ends PayPal Makes Strategic Investment in LendUp LendUp targets customers that traditional banks decline, offering them access to credit cards, short-term loans without hidden … [Read more...] about Alternative Finance Company LendUp Gets Support via Paypal
A fintech policy group has recommended U.S. regulators cooperate more with overseas counterparts to promote innovation in the field. This would bring the local fintech industry in line with "global norms", it said. Also read: Governments Will Always Try to Control Your Money: Pippa Malmgren The call comes in a whitepaper published by Innovate Finance's Transatlantic … [Read more...] about More Fintech Opportunities if US and UK Cooperate on Regulation