The app offers customers the ability to manage all PayPal-related transactions from a single dashboard. PayPal has announced the release of a new app billed to be a one-stop-shop for all of the digital payment needs of the company’s customers.As previously reported by Cointelegraph, PayPal CEO Dan Schulman stated back in July that the company’s… More
Over the first three years of the Forbes Blockchain 50, our list of billion-dollar companies making meaningful use of the technology popularized by bitcoin, has become a bellwether of institutional adoption. Our list shines light on how large corporations—often household names like Walmart and Novartis— are using blockchain tech to improve business processes and become… More
New Zealanders Strike For Climate Action (Photo by Hagen Hopkins/Getty Images) Getty Images OBSERVATIONS FROM THE FINTECH SNARK TANK Climate change is a hot (pun intended)—and controversial—topic. While many banks are implementing environmentally friendly policies regarding their carbon impact and energy usage, a new study from Cornerstone Advisors and Meniga (written by me) demonstrates that… More
Carro only became a unicorn in June, but cofounder Aaron Tan is already aiming for an 11-figure valuation—if he can fend off the competition. Aaron Tan, cofounder and CEO of Singapore-based Carro, is in overdrive. The online platform for buying and selling used cars in Southeast Asia joined the unicorn startup club in June when… More
Investors now have a better understanding not only about crypto assets but also the operational and procedural side of crypto, a new report states. Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG.Titled “Pulse of Fintech H1 2021,” the study covers global investment… More
Selling crypto can obviously trigger taxes, but even buying something using crypto—a house, a car, a new suit of clothes—can trigger taxes. Even paying taxes in crypto can trigger taxes. The tax paradox started when the IRS ruled that cryptocurrency is property in Notice 2014-21. That classification has some big tax consequences, accentuated by wild price swings. If you… More
Though nonfungible token projects are one path to entry, women are still underrepresented in many crypto and blockchain firms. Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne. Though the ongoing pandemic has… More
Liechtenstein’s Financial Market Authority has approved a new startup called Lirium, which was founded by a Xapo co-founder and aims to streamline the integration of crypto services by banks and fintechs. The latest project from one of wallet provider Xapo’s co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein’s financial regulator for his new startup Lirium to… More
Topline One day after a record fine from regulators, trading platform Robinhood Financial disclosed a slew of financials for the first time ever Thursday in a regulatory filing ahead of the company’s long-awaited initial public offering, revealing a $1.4 billion first-quarter loss despite massive growth fueled by frenzied stock trading and all-time market highs during… More
Consumers need to take precautions using Venmo, Cash App and other digital wallets, consumer … [+] advocacy group warns. SOPA Images/LightRocket via Getty Images Venmo, Cash App and other digital payment apps and virtual wallets can be risky, a Nader group is warning. “Bottom line for consumers: don’t use p2p (peer-to-peer) with strangers, beware phishing… More
China’s central bank has asked Ant Group’s e-wallet Alipay and four state-owned banks to step up … [+] their clampdown on cryptocurrencies. SOPA Images/LightRocket via Getty Images China’s central bank has ordered Ant Group and four state-owned banks to step up their clampdown on cryptocurrencies as Beijing intensifies its efforts to eradicate transactions involving bitcoin… More
BRAZIL – 2019/12/30: In this photo illustration the Nubank logo is seen displayed on a smartphone. … [+] (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images With massive stakes in banks like American Express, Bank of America and US Bancorp, billionaire investor Warren Buffett is the most important backer… More
After a year of frenzied trading and sky-high asset valuations, these are the most innovative investing companies in fintech. getty Frenzied at-home trading and sky-high asset valuations became hallmarks of the stock market’s pandemic year, fueling a period of explosive growth for a crop of investing-focused fintech companies at the center of it all. Encapsulating… More
Visa has broad plans for digital currency, as the payments industry begins to embrace the … [+] opportunities in cryptocurrency. getty It’s been brewing for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those leading the pack is Visa V . An industry that was… More
I found an article called “Why the subscription economy has yet to hit its peak” on Marketing Week. It looked interesting and relevant to something I was working on, so I clicked on it to read it. I was confronted with two subscription options (£7 per week or £18 per week for the “ultimate” package)… More
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