BankTech

Goldman Sachs Backs Bitcoin; Google Acquires Softcard for Free; Bitcoin Takes Another Step Towards Mainstream, and More...

Here’s what you might have missed on LTP this past weekend, March 20th - March 22nd, 2015:

US ATM Network Analytics; Rising Fees and Growing Need for a More Optimized Network

The LTP Data Analysis Team has taken the time to analyze the US ATM footprint and the results are revealing. This is the second in our series of big data analyses with information from Factual’s Global Places database.

Remitly Raises $12.5 Million to Enhance its Remittance Services

With a new investment round led by DFJ, Remitly is looking to revolutionize how people send money around the world by bringing fair rates and new services to consumers.

How Should Google Spend All the Money it Saved From the $0 Softcard Acquisition?

After a sweet deal for Google and an even sweeter deal for Softcard’s mobile operator investors, Google now has another opportunity to focus on Android Pay and compete meaningfully with Apple..

Global Payments & Discover Financial Services Bring Streamlined Card Acceptance to Canadian Merchants

The new program will simplify the acceptance of Discover, Diners Club International, PULSE and affiliated network cards for Global Payments’ merchants in Canada into a single statement.

Goldman Sachs Says Bitcoin Will Redefine Payments

A report was recently released by the Goldman Sachs Group Inc. research division, which discusses the benefits of mainstream Bitcoin implementation, ranging from the superior security to the potential impact on existing systems.

Bitcoin Gets a Booster Dose in E-Commerce Adoption

Rakuten will soon allow its customers to pay for purchases with Bitcoin. The integration of Bitnet’s payment platforms across Rakuten’s marketplaces will make Rakuten one of the largest companies worldwide to integrate Bitcoin acceptance to date.

People Told Me That All the Great Opportunities Have Been Snapped Up; They Were Wrong

The world of payments and finance is well positioned to witness a big change, and soon. With the rapid introduction of new technologies and innovations, the future of FinTech holds infinite possibilities.

Ocean

Ocean is studying Journalism, International Studies, and Japanese at the University of North Carolina at Charlotte. He is very interested in East Asian history and Pop-Cutlure, particularly concerning Korea, India, and Japan. Ocean has great interest in a vast range of technologies and enjoys reading up on cutting edge developments in his free time.

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