Blockchain

Airbitz brings Mobile Bitcoin Payments to Android, Powered by BLE

We have summarized this news for you: Bitcoin Wallet developers, Airbitz, announced that their software now supports Bluetooth Low Energy (BLE) for Android. This feature already exists on its iOS version. Airbitz wishes to eradicate the use of QR codes for Bitcoin payments, which can be difficult for phone cameras...

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Payments

Visa and Mastercard Help Russia to Localize Payments

The Visa International payment system will process domestic payments through Russia’s recently spawned National Payment System. Visa and Mastercard hold 90% of the Russian market, causing Russia to take a hit when the companies’ services were suspended due to U.S. sanctions. Mastercard signed a similar agreement in January and began...

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Blockchain

New Digital Currency, Stellar, Aims for Financial Inclusion for Girls in South Africa

We have summarized this news for you:  Stellar is inspired by the crypto-currency, Bitcoin, but is designed as an intermediary between conventional currencies or assets Targeted towards girls in South Africa to educate them on financial decisions as part of their existing social networking experience, with rewards in form of airtime minutes...

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Authentication & Security

Public Funds and Programs Critical for Mobile Payments to Take Off

In a comprehensive paper (http://www.bostonfed.org/bankinfo/payment-strategies/publications/2015/transit-mobile-payments.pdf) released by the Payments Strategies department at the Federal Reserve Bank of Boston, Elisa Tavilla details the consumer experience and adoption in transit mobile payments. It’s fascinating to see the success of the dozen mobile payments and ticketing programs around the country. Even though TfL...

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