Blockchain

NASDAQ To Test Virtual Currency-Oriented Blockchain Technology

The US-based stock exchange, NASDAQ, is apparently testing out the blockchain technology for the NASDAQ private market. This private market is basically NASDAQ’s very own marketplace for pre-IPO trading. The blockchain technology is highly associated with Bitcoin, the popular virtual currency. This brings us to conclude that NASDAQ is indeed...

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Payments

Visa’s First Publicly Available Retail Spending Monitor Report

Visa recently announced its Retail Spending Monitor (RSM), a quarterly report that tracks retail spending patterns based on real time purchase data. The report highlights how Americans have modestly increased their spending in April, with growth across most major purchase categories. Retail spending in April was up 4.5% from the...

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BankTech

New Trend Of Payments Via Messenger Apps

We have discussed about banks adopting social media sites like Facebook and Twitter to transfer money. To take it a step further, money transfer service has been enabled through social messaging apps such as WhatsApp, WeChat, Snapchat, BlackBerry Messenger and others. Earlier, these messenger apps were used only to chat...

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Authentication & Security

NXP & Qualcomm Collaborate To Put NFC and eSE in IOT Devices

NXP Semiconductors has announced that Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, will integrate NXP’s industry-leading near field communication (NFC) and embedded secure element (eSE) solutions across Qualcomm Snapdragon 800, 600, 400 and 200 processor-based platforms. Qualcomm Snapdragon is a product of Qualcomm Technologies, Inc. The agreement will enable...

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Financial Inclusion

Why Lending Club Is Not Profitable

Lending Club’s mission is to transform the banking system to make credit more affordable and investing more rewarding. The company’s technology platform enables it to deliver innovative solutions to borrowers and investors. Lending Club has been prominently recognized as a leader for its growth and innovation, including being named one...

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