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While many have expected Square to compete with Apple in the mobile payments space, Jack Dorsey’s company is planning to rework its hardware to accept Apple Pay in 2015.
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New systems such as Apple Pay and its mobile payments competitors should be subject to the same regulations as big banks in order to secure the financial system, says BB&T Corp Chief Executive Officer Kelly King.
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| New Products & Technology |
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GAW Miners, a bitcoin mining hardware manufacturer and digital cloud mining provider, is making its Initial Coin Offering with the introduction of new crypto-currency Paycoin.
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Digital money transfer provider Xoom Corporation has launched a new platform allowing US-based earners to pay bills online on behalf of family members and loved ones in developing markets.
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A clampdown on payday loan companies in the US has seen some companies adopt an elaborate ruse to escape interest-rate regulations, according to Bloomberg, with $4 billion worth of loans supplied by Native American tribes last year.
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| FinTech Innovation Awards 2015: Nominee Case Studies |
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View the latest nominee case study for the FinTech Innovation Awards 2015.
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View the latest nominee case study for the FinTech Innovation Awards 2015.
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