Category Archives: Uncategorized

xxx Turkey has gone live with its own card payment system, dubbed Troy, as it seeks to boost electronic money and usher in a cashless society by 2023. From Turkey launches national payments system xxx

xxx solarisBank, formed by the fintech startup incubator FinLeap, announced it had been granted a banking license by regulators in Germany, enabling it to offer fintech companies things like account and transaction services, compliance and trust solutions, working capital financing and online loans. It is essentially banking as a service From ‘Banking as a Service’Continue reading “‘Banking as a Service’ for Fintechs Seeking Scale | American Banker”

xxx the company’s co-founder and chief technology officer revealed that in 2016 Airbnb would be looking into blockchain integration, or a similar distributed ledger system, to authenticate a user’s reputation and establish trust on the platform. From What Airbnb’s blockchain proposal means for privacy xxx

In March 2015, the Financial Conduct Authority published a report on “Making currency account switching easier” detailing “the effectiveness of the Current Account Switch Service (CASS) and evidence on the account number portability”. It said that: Consumer organisations, while appreciating the benefits that such a system would give consumers, were also cautious about ANP, arguingContinue reading “Making current account switching easier – making-current-account-switching-easier.pdf”

xxx law enforcement agencies (LEAs) could attempt to lower the value of drugs traded on the marketplaces by purchasing products and then leaving bad reviews. From Cops Could Undermine Dark Web Markets by Leaving Fake Reviews | Motherboard xxx

xxx Interbank co-operative Swift has confirmed that it has experienced a number of recent instances of hackers compromising network interface devices at client banks to send fraudulent payment messages over the global banking network. From Swift confirms multiple cases of fraudulent message traffic May as well use Bitcoin then.

xxx Maj Gen Gerstner, the deputy commander for operations and intelligence for the US-led operation against IS, said under 20 air strikes targeting the group’s stores of money had been conducted… While it was difficult to know precisely how much money had been destroyed in total, estimates put the figure at between $500m and $800m,Continue reading “Islamic State: Up to $800m of funds ‘destroyed by strikes’ – BBC News”

xxx The prize is huge. If you know where people have been, what sites they visit, what apps they download, and also their spending habits, you know a massive amount about them – much more than their bankers, the credit and debit card companies, and more than their mobile phone operators. From Facebook payment systemContinue reading “Facebook payment system will change banking forever, but it comes with its own price tag – your privacy | Voices | The Independent”

xxx The jury at Bristol Crown Court was told the scheme went unnoticed until after the buyers had left, despite the word Monopoly written in huge letters down the middle of the bills. The paper cash bears a slight resemblance Euro notes but the colour scheme is much lighter and the images on the billsContinue reading “Fake MONOPOLY money which Gianni Accamo ‘used to scam dealers out of diamonds’ | Daily Mail Online”

My good friend Wendy Goodman was kind enough to write about her experiences at Tomorrow’s Transactions this year (our 19th annual Forum!!) referring to it as Tomorrow’s Transactions Forum, Dave Birch’s quirky annual event where ideas about the future of money are smashed together like particles to see what happens. From net.wars: The blockchain menuContinue reading “POST #IDIoT was a good choice”