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FinTech

Unfazed by All the Negativity, Facebook’s Libra Publishes Roadmap for Mainnet Launch

There has been a lot of negativity surrounding the launch of Facebook Libra over the last few months. Global regulators and banking institutions have showered severe criticism over the project. However, despite several kickbacks, the Libra Association is proceeding ahead with its plans of mainnet launch.Recently, the Libra Association has published a new roadmap that highlights 4 major milestones to be attained before the launch of the Libra network. The Calibra team says that the first...

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Microsoft’s Surface Event Shows New Range of Impressive Hardware Devices

Microsoft Surface event started on a big note with the tech giant unveiling some impressive line of hardware. The most eye-grabbing announcements were the company’s new foldable smartphone Surface Duo running on Android and the Surface Earbuds running on Android.Company CEO Satya Nadella kickstarted the event while Surface chief Panos Panay took the wraps off from the new Surface offerings. Well, let’s take a look at some of the most-important devices unveiled at the Surface event. So without...

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Revolut: Ab sofort kostenlose Business Accounts!

Revolut: Ab sofort kostenlosesGeschäfts-Bankkonto für Unternehmen, GmbHs, Vereine, Freelancer usw. Exakt zum 2-jährigen Jubiläum lässt Revolut die Katze aus dem Sack: Es gibt kostenlose Business Accounts für Unternehmen. Dabei kann jeder der ein registriertes Unternehmen hat wie beispielsweise eine GmbH oder in Deutschland ein Freelancer mit Steuernummer, einen Account...

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Revolut will Visa-Karten ausgeben

Das Londoner Fintech-Start-Up Revolut ist auf Expansionskurs und hat angekündigt, bald neben den bislang angebotenen Mastercard-Kreditkarten auch Visa-Karten ausgeben zu wollen. Eine entsprechende Vereinbarung zwischen dem Kreditkartennetzwerk und dem Start-Up erlaubt das. Die Erschließung der nord- und lateinamerikanischen Märkte sowie Asiens ist für Revolut der primäre Grund für diese Partnerschaft....

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With $114 Billion Jeff Bezos Still Tops the Forbes 400 List

The Forbes list of America’s richest people is out again! Jeff Bezos is still at the top with an estimated fortune of $114 billion. Despite last years’ expensive divorce which saw him give away about 4% of the total company’s value or ($38.3 billion) to his wife McKenzie in July when the marriage was officially dissolved, Jeff remains at the top of Forbes richest 400 with ownership of 12% of the technology giant.Apart from the stake in Amazon, the Bezos own several other properties and assets...

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Broadridge Adds Cryptos and Exchange-Traded Derivatives to Its Portfolio

Photo: Broadridge / LinkedInBroadridge Financial Solutions, a United States-based corporate services company said on Tuesday they are ready to add cryptocurrencies and exchange-traded derivatives capabilities to their offerings. With the acquisition of Shadow Financial Systems, Inc., this service provider that is a famous supplier for public companies that provides them with proxy statements, annual reports and shareholder communications solutions, such as virtual annual meetings – is...

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Visa, Mastercard and Other Major Libra Backers Want to Pull Out from the Deal

Since its launch on June 18, 2019, Facebook’s Libra project has encountered mixed reactions. Now, four payment companies that had joined the social media giant as founding members of the Libra Association are hesitant. They have developed cold foot over whether to formally sign on to the crypto project. The issue was explained by people familiar with the matter.According to a new Bloomberg report, MasterCard, Visa, Stripe, and PayPal are allegedly stalling at officially joining the...

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Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report

Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to create a parallel financial system. But the greatest threat that could derail Facebook’s cryptocurrency project probably lies within. The Libra Association, a...

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PayPal Entering China Market by Local Acquisition

The People’s Bank of China (PoBC) announced they are nit against PayPal’s desire to acquire a 70% equity state in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.). With this step, Paypal is becoming the first international entity that will be offering its online payment solutions in China.GoPay mostly works as a provider of a number of payment products for various industries including cross-border commerce, aviation, tourism, etc.According to the information revealed by the company,...

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NEO wird erstes Blockchain-Mitglied der Microsoft .NET Foundation

NEO galt lange als die chinesische Version von Ethereum. Mittlerweile ist das NEO Blockchain Projekt komplett international aufgestellt. Die Microsoft-Stiftung .NET unterstützt offiziell die Kryptowährung NEO. Das teilt ein Blog-Beitrag des Unternehmens von NEO mit. NEO steht für „Smart-Economy-Plattform“. Früher hieß diese Blockchain, die eine neue Generation des Internets...

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