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530

Secure Messaging App Wiper Adds Bitcoin Support, Gets Yanked In China

TECHCRUNCH: Wiper, a chat application designed to provide users with control over their sent and received messages, recently rolled out support for bitcoin transactions between its users. The tool is simple, allowing individuals to send cryptocurrency to others inside the app’s main chat interface. But CEO Manlio Carrelli told TechCrunch that Wiper was “removed from the iOS App Store in China due to violating that app store’s policies,” and that “Apple [had] explained to [the company] by phone that this violation was related to Wiper enabling bitcoin payments.” (more…)

China, Cryptocurrencies, Fintech news, InspirAsia, news, p2p-payments

March 15, 2015

415

With $3M In Funding, Honest Dollar Hopes To Make Retirement Plans Affordable For SMBs

The article about Honest Dollar (retirement plans for SME employees)

(more…)

Fintech news, news

March 15, 2015

443

Pebble Time Kickstarter Drew 167% More Money Per Hour The Day After Apple’s Event

TECHCRUNCH: The Pebble Time Kickstarter gained some momentum thanks to Apple’s special Watch event Monday. The new smartwatch from the smartwatch pioneer was drawing in funding at a rate of around $6,000 per hour on Sunday, March 8, which rose to $10,000 per hour on Monday, March 9 (when the event took place), and capped out at $16,000 per day on average during March 10, the day following Apple’s press presentation.

Pebble CEO and founder Eric Migicovsky told former Y Combinator lead and investor Paul Graham that interest in Apple’s media event had a doubling impact on the rate of its ongoing crowdfunding campaign, but in fact the numbers reveal it more than doubled, and in fact almost tripled in the extended wake of the announcement. (more…)

Crowdfunding/investing, Fintech news, news

March 14, 2015

674

BeamAndGo Is A Remittance Service For Filipinos That Guards Against Misspent Funds

TECHINASIA: Cash remittances from overseas Filipino workers (OFWs) have proven to be a crucial lifeline for their families back home. Yet BeamAndGo founder Mariliese Tan believes there’s a better way to support these families other than cash: digital gift certificates.

(more…)

Fintech news, InspirAsia, news, p2p-payments, Philippines, Remittances

March 13, 2015

513

Google Opening ‘Digital Garage’ To Help Businesses In Leeds

WIRED: Google is opening a pop-up workshop in Leeds in a bid to help local businesses improve their digital skills. The Digital Garage project will see Google give advice on how companies can use the internet to reach more customers and grow faster. The six-month trial in Leeds will open on 30 March and include a digital “tune-up” service for small businesses. Aspiring entrepreneurs are also encouraged to attend events organised by local partners and book one-to-one mentoring sessions on digital business skills.

(more…)

Influences FinTech, news

March 13, 2015

463

Funding Boost Aims To Turn Libraries Into Startup Incubators

WIRED: Libraries might conventionally be seen as non-happening places, but a £650,000 funding boost is set to add a further two UK libraries to the ten already taking part in a scheme aiming to disrupt conventional libraries. The Enterprising Libraries grant, which launched in 2013 as a £1.2 million project in partnership with the Department for Communities and Local Government (DCLG), Arts Council England and the British Library, aims to support budding entrepreneurs from all backgrounds. (more…)

Influences FinTech, news

March 13, 2015

430

Series C crunch will leave hundreds of Chinese startups without funding in 2015, says local VC

TECHINASIA: The lack of venture capital against the background of increased demand for it may lead to a shortage of money for growth-stage (Series C) startups in China
(more…)

Analytics, China, Global trends, InspirAsia, news

March 13, 2015

522

Indian Business Baron Ratan Tata Invests In Paytm

E27.CO: Chairman Emeritus of Tata Sons Ratan Tata has made an undisclosed amount of investment in mobile payments and commerce company Paytm. With this investment, Tata will pick up a small stake in One97 Communications, the company that owns and operates Paytm. He will also take on the role of an advisor at the company.

(more…)

Deals, Fintech news, India, InspirAsia, news, p2p-payments

March 13, 2015

456

Swatch Adds NFC, But Rules Out Full Smartwatch

WIRED: The chief executive of Swatch Group, the world’s best-selling watchmaker, has said that the companydoesn’t plan to make a “mini mobile phone on your wrist”. (more…)

Fintech news, news

March 13, 2015

475

WIRED Money 2015 Date Announced

WIRED: It has been announced that WIRED Money Together with BBVA will be back on July 8, 2015. Now in its third year, WIRED Money returns in partnership with global financial services group BBVA. This landmark one-day summit, taking place at The British Museum, will bring together the most exciting forward-thinking innovators and captivating thought leaders in money, banking and finance. (more…)

Influences FinTech, news

March 10, 2015

503

Mastercard And Microsoft’s Micro Merchant Innovation

PYMNTS: MasterCard and Microsoft have announced a partnership to support Mexico’s economic development. The companies support the foundation of the national economy – micro merchants — with complex projects, innovative technological, communication and payment tools. The partnership is said to be aimed at encouraging the use of electronic payments, as well as legitimacy and formality of technology products and services.
(more…)

Fintech news, news

March 9, 2015

1954

Why We Started Abra

RRE: US startup Abra has launched its mobile app for remittances (available on iPhone and Android), which bypasses the middle men by using the blockchain and a network of “human ATMs” (more…)

Cryptocurrencies, Fintech news, news, p2p-payments, Remittances

March 5, 2015

794

Hello Indonesia! Twitter Officially Opens Its Jakarta Office

TECHINASIA: It’s official: Twitter has arrived in Jakarta and opened an office space in the 15th floor of the One Pacific Place office building, SCBD, Jakarta. In November 2014 at our Tech in Asia Jakarta 2014 conference, Rick Mulia, head of business development for Twitter in Indonesia, announced that Twitter would open a local office by early 2015. It seems today he’s made good on that promise. (more…)

Indonesia, InspirAsia, news

March 5, 2015

683

The Battle Is For The Customer Interface

TECHCRUNCH: Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening. (more…)

Fintech news, Influences FinTech, news

March 3, 2015

1113

How KakaoTalk’s Billionaire Creator Ignited A Global Messaging War

FORBES: How KakaoTalk’s founder ignited a global messaging war. Kim Beom-Su, the son of a factory worker and a hotel maid, has become a billionaire by building a technological empire. Why is it difficult to grow outside of South Korea?

(more…)

Analytics, Fintech news, Global trends, InspirAsia, Korea, news

March 2, 2015

676

The Global Financial Centres Index

QFC: The Global Financial Centres Index (№17, March’15): New York (1), Hong Kong (3), Singapore (4), Moscow (75) (more…)

Analytics, Global trends, news

March 1, 2015

595

Five Banking Innovations from Five Continents:  USA, Europe, Asia, Africa, Australia 

MarketResearch.com: Banking Innovation is a global growth‐sector. There are three types of banking innovations (on top of the regular IT investments done by banks): (1) In‐bank FinTech innovations – also known as FinServ innovations; (2) Neo‐Banks as part of the FinTech community; and, (3) Non‐Banking FinTech companies. Global FinTech investments almost hit the USD 10 billion mark in 2014 (USD 9.9 billion). Banking Reports’ research shows that 2015 is going to be the real point of inflexion: FinTech investments are expected to reach USD 19.7 billion globally. In the next 10 years – following 2015 – FinTech investment growth will be strong but not exponential, bringing circa 20 percent compound annual growth rate to the table. We have found highly significant qualitative and quantitative differences between the five continents examined in this report. While London and New York are jockeying for the global leader’s role, Australian banks are doing an exemplary and outstanding job.

Analytics, Global trends, news

March 1, 2015

521

The CEO Of The Future Is A “Designer-In-Chief”

FAST COMPANY: A trends report from Wolff Olins says CEOs are starting to harnes the good ideas of others rather than cracking a whip.  (more…)

Influences FinTech, news

February 26, 2015

626

The Hong Kong’s 2015-16 Budget Focus on Financial Development

BUDGET SPEECH: Hong Kong’s Financial Secretary John C Tsang in his budget speech has announced a strong focus on financial sector development (80% of Hong Kong’s GDP) and support of fintech startups. (more…)

Global trends, Government activities, Hong Kong, InspirAsia, news

February 25, 2015

1068

Maybank partners Maxis to introduce mPOS service for SMEs

THE ASIAN BANKER: Maybank has partnered with Maxis Berhad to launch the Maybank mPOS service which enables SMEs to leverage the benefits of wireless payment mobility for business growth. (more…)

Fintech news, InspirAsia, Malaysia, news, POS/mPOS and online acquiring

January 27, 2015

593

The Payments Industry Explained: The Trends Creating New Winners And Losers In The Card-Processing Ecosystem

Business Insider: The payments industry had a huge year in 2014 and it’s showing no sign of slowing down. On the one hand tech giants like Amazon and Apple released new products that affirmed their long-term payments ambitions (Apple Pay and Amazon Local Register). On the other hand startups such as Stripe and ShopKeep continued to carve out market share, challenging older players like PayPal and VeriFone. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

January 27, 2015

568

Payment Data Systems buys Akimbo of San Antonio for $3M

SiliconHills: Payment Data Systems, an online payments company, announced Tuesday it has acquired Akimbo Financial for $3M. Payment Data Systems is buying the company with common stock in 2 tranches with up to $300,000 in cash if any liabilities are assumed. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

December 16, 2014