It’s been a decade since the Apple iPhone’s App Store came online, bringing with it an entirely new engagement channel for businesses, and changing how consumers everywhere interact, play, and shop. The intervening time has seen cycle after cycle of explosive mobile fragmentation, followed by consolidation. Standalone apps launched for every
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HSBC highlights the six new banking careers of the future
HSBC is preparing for the ongoing revolution in banking, highlighting six new types of jobs that will be necessary to forge a career in a digitally-enabled financial services industry. The global bank, which recently committed to a $17 billion tech spend as part of a new growth strategy, is currently recruiting
Gaming group Razer moves into mobile payments
Global gaming group Razer has launched a mobile wallet in Malaysia targeted at millennials. The Razer Pay wallet, developed in conjunction with Malaysian congolomerate Berjaya Corporation Berhad can be topped up at 7-Eleven stores and via bank transfer from online accounts at AmBank, Bank Islam, CIMB, Hong Leong Bank, Maybank, Public
Cryptocurrency Visa card startup buys Crypto.com domain
Monaco, the startup behind a cryptocurrency Visa debit card, has rebranded after forking out millions of dollars on the Crypto.com domain name. Crypto.com was registered in 1993 by Matt Blaze, a University of Pennsylvania professor of computer and information science. With the crypto craze gathering momentum in recent years, Blaze has
FCA to Publish Cryptocurrency Review – The Fintech Times
The Financial Conduct Authority (FCA) has announced its intention to outline its views on cryptocurrencies later this year, as revealed in its business plan for 2018/19. The UK’s financial regulator noted cryptocurrencies have been “an area of increasing interest for markets and regulators globally” and acknowledged the Treasury Committee’s intention to
Banking in 2028: Mobile, Open Source, Invisible and Decentralised – The Fintech Times
Banking has changed significantly over the past ten years. Consumers now expect an ultra-personalised user experience wherever they are. Now it’s up to the banks to get on board. The Fintech Times moderated an exciting panel discussing “Banking in 2028 – the state of the industry“ at the two day technology
EBA warns big banks falling behind on tech
Incumbent banks with bad loans and legacy systems risk being left behind by less encumbered challengers, according to the European Banking Authority (EBA). The European banking watchdog assessed FinTech risks and opportunities in the sector, stating that problems are “particularly challenging for some large complex incumbents” which have “a very
The Official National Cryptocurrency of Switzerland is…None at All | Payment Week
Canada Gets Access to QR Code Mobile Payments with UnionPay | Payment Week
We’re All Subsidizing People Who Use American Express
The issue: Merchants pay a percentage of each charge to credit card companies. When American Express forms contracts with retailers, the credit card company prohibits retailers from encouraging shoppers to use other cards that charge lower fees. For instance, merchants who accept Amex card payments can't offer shoppers different prices