1. Could you provide us with a brief introduction to Hyperwallet, its services and the core problem that it tries to solve? Peter Burridge: Hyperwallet is the world’s first purpose-built payments platform that empowers businesses to easily and cost effectively pay and support their global payees. Regardless of business model...
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Today Nasdaq announced in an official statement that its blockchain ledger technology, Linq, was able to successfully complete and record a private securities transaction - the first of its kind using blockchain technology. Blockchain startup Chain documented the issuance of shares to a private investor using Nasdaq's blockchain-enabled technology. This...
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Credit Karma, a credit-monitoring site that provides free credit scores, today has made its first acquisition. The company has acquired a mobile notifications app maker Snowball, as reported by TC. With this acquisition, Credit Karma plans to expand the team's expertise in the mobile notifications space. Designed for Android, Snowball...
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Indian Highways Management Company Limited (IHMCL) is in talks with National Payments Corporation of India (NPCI) to bring out a model for the nationwide implementation of e-tolls (electronic toll) with the aim of removing the jam at toll plazas and ensure hassle-free collection of toll. At present, toll operations are...
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The article provides you with a flashback of the major touchpoints for the remittance segment in 2015. The initial wave of innovation was leveraging digital technology to reduce the cost of sending money abroad. The usage of online channels and mobile has led to multiple startups, payment channels, instruments and...
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London is known to be one of the world's hubs of innovation with a wide range of well-known disruptive startups coming from the UK's disruption center. Along with Silicon Valley and New York, London is a place of tremendous opportunities for bright entrepreneurs. In last five years, out of $9.8...
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In this article, LTP covers bank professionals (including venture arm of banks) who are social influencers in the FinTech space. These banking influencers have given FinTech a new path with their innovative ideas and thoughts. Oliver Bussmann: Oliver Bussmann is Group CIO at UBS. He is a global IT executive...
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The year 2015 wasn’t particularly about banks, but it certainly was about FinTech. As bright entrepreneurs found traditional players’ vulnerability when it comes to implementing innovation, FinTech startups saw a dramatic rise and success. Free from legacy systems and strict regulatory pressure, FinTech startups along with tech giants rapidly jumped...
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Samsung Electronics plans to expand its mobile payment solution Samsung Pay in the US in 2016. The service will enable users to shop online and with more smartphones that support the electronic wallet, as reported by Reuters. Samsung Pay has an advantage over its main rivals Apple Pay and Android...
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Digital commerce and payment startup Ayannah has recently raised up to $3 million in a latest funding round, which bringing its total equity funding to about $8.3 million. In an interview with DEALSTREETASIA, Ayannah’s Founder and CEO Mikko Perez said that the investors were Life.SREDA, 500 Startups, Beenos, Beenext, Golden...
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Hong Kong is known to be one of the world’s major financial centers with a wide range of international financial industry giants having their Asian hubs in the city. Barclays, HSBC, Lloyds Bank, RBS, BBVA, UBS, Citi and Wells Fargo represent almost an endless list of international banks that have...
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In this article, LTP talks about the big job switches that have happened in the FinTech space. Eminent bankers have moved from mainstream banking to open or head FinTech startups. The sectors in FinTech where we have seen job movements are segments like bitcoin, blockchain, remittance and mobile payments. Sir...
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