FinTech

Ripple-backed MoneyGram has announced that the new service called FastSend, that was created to allow customers to send money directly to the phone numbers of recipients, will be based on Visa and not on RippleNet or XRP.International remittance giant company MoneyGram has recently announced its new FastSend service in order to facilitate the transfer of money to the recipient’s phone numbers. The service will be powered by Visa and not by the pre-existing partnership with Ripple that offers...

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

After tweeting about a problem with PayPal and SquareCash, the CEO of Coinbase Brian Armstrong has been offered a solution by Ripple-backed Moneygram.Many traditional financial institutions are against the cryptocurrency sector. Unsurprisingly, several of these institutions go out of their way to stifle any transactions passing through their corridor, which has any bearing with cryptocurrency. Another occurrence has happened between PayPal and the Coinbase CEO, which sparked a lot of...

Swedish telecom company Ericsson claims it will be a leader in rolling out the 5G network across the world, though Huawei continues making big progress.Swedish telecom equipment maker Ericsson claims leadership over Chinese giant telecom company Huawei in 5G network rollout across Europe and also in other continents. This was according to a statement from the company during its pre-MWC briefing in London, which happened after the cancellation of the Barcelona Mobile World Congress due to the...

In its new publication, Ripple has pointed out the major problems with remittance in the APAC region and explained how it can solve these problems.Ripple is slowly becoming a force to be reckoned with as far as the international remittance market is concerned. The company is consistently in the news for some of the heavy moves it is making to control cross-border payments. Ripple also has a significant interest in the Asia-Pacific (APAC) region as the remittance market in the area is huge. In...

Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.New Apple iPhone 12 will be launched as planned by September despite the delays caused by the coronavirus outbreak. Apple has registered a spike in demand in A14 chips iPhone that supports the 5G network as the competitor Samsung has recently unveiled its flagship Galaxy S20 devices with the latest...

Ripple-backed MoneyGram launched a new service called FastSend to help customers to send money directly to the phone numbers of recipients. Meanwhile, Ripple has entered into a partnership with the National Bank of Egypt.In its bid to digitalize the entire financial ecosystem, leading P2P cross border Ripple-backed payment platform MoneyGram has announced today the launch of MoneyGram FastSend. It is a new service that is geared towards sending money to a recipient’s phone number through the...

Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

Samsung has just unveiled its new Galaxy S20 phone family. Now the company is on a course to snatch the mobile market from competitors through attractive partnerships with Netflix and Xbox.Samsung Electronics Co., for many years now, has been in heavy competition with Apple in the mobile phone market. Both companies seem to go head-to-head with their products every year and are also being constantly pitched against each other by consumers. Now, it would seem that more than ever, Samsung is...