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1688

Apple Pay Coming To Europe ‘By The End Of The Year’

WIRED UK: Tim Cook has told an employee at Apple Store Kurfürstendamm in Berlin that Apple Pay will be in Europe by the end of the year, and that he wears his Apple Watch in the shower, according to a report in French by Igen.fr. (more…)

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

February 26, 2015

1645

Bitchcoin: A New Crytpocurrency For Buying Art And Invest In The Artists

WIRED: When you buy art, you typically get something physical in return: A print, a painting, a sculpture. And that piece of art, depending upon who created it and what happens after you bought it, can become very valuable down the line. Or not. But here’s an interesting idea: What would happen if you were to invest in the artist instead of the art? That’s a question Sarah Meyohas, a young photographer from Yale’s MFA program, hopes to answer with her latest project. Meyohas, working with Brooklyn’s Where gallery, created BitchCoin, a new cryptocurrency. Like bitcoin, BitchCoin is virtual and “mine-able,” but has just one purpose: to buy Meyohas’ art.

(more…)

Cryptocurrencies, Fintech news

February 24, 2015

1692

IFTTT’s New Apps Offer A Button For Triggering Other Apps

WIRED: Perhaps you’re one of the many thousands of people who’ve automated some small part of their digital existence with  IFTTT. Maybe you’ve instructed it to post your Instagram shots to Twitter, or to text message you whenever someone in your city puts an acoustic guitar for sale on Craigslist.

Until now, these “recipes” have been dependent on something else happening. If this, then that. But with its new trio of apps, IFTTT wants to let you start taking action yourself. (more…)

Fintech news, POS/mPOS and online acquiring

February 19, 2015

1908

This App Wants You To Borrow Money From Friends, Not Banks

WIREDLong ago, your parents probably gave you some advice: never borrow money from a friend. More importantly: never let your friends borrow from you. If the movies have taught us anything, it’s that mixing money and friendship rarely ends in anything other than blood and tears.

Skylar Woodward wants you to forget all about that. Woodward is the CEO of Puddle, a recently-launched service that lets you borrow money from your social network instead of through traditional avenues like banks and credit cards. Explained in brief: Throw money into a digital pot and you can take out five times as much as you’ve put in when you need it. So for example, say you throw $10 into your Puddle; that automatically gives you a credit line of $50 that you can dip into whenever you need.  $100 turns into $500 and $500 into $2,500. You can choose to pay off the borrowed monthly installments over either three or six months. No interest beyond a set fee for every month you’re paying back (this incentivizes early repayment Puddle says). Sound crazy? It’s really not. (more…)

Fintech news, p2p/online lending

February 12, 2015

1707

CommonBond Goes From Disruptor to Player

CRAINSNEWYORK: What if there were a $1 trillion-plus market so riven with inefficiencies and overburdened with regulation that even the most powerful companies inside it had grown eager to partner with the startups seeking to disrupt it? Welcome to the world of student loans.

(more…)

Fintech news, p2p/online lending

February 5, 2015

3087

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

1919

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

1850

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