YPlan scoops top spot at the Tech5 Awards
The event listing and ticket purchasing app YPlan was named the winner at last night’s Tech5 Awards for the fastest-growing tech startups in London.
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Ex-Wall Street banker named CEO of new bitcoin trading firm
Veteran trader Blythe Masters, the original creator of credit default swaps, is to take the reins at fledgling company Digital Assets.
One Stop goes one step for payments
One Stop is the latest UK retailer to introduce contactless payments across all of its outlets, following a successful trial.
Bitcoin startup 21 Inc gets $116m cash injection
Venture capitalists including the prestigious Andreesen Horowitz and China’s Yuan Capital have invested $116m in the San Francisco-based 21 Inc.
Cheques nearing extinction, says Australian payment body
As a payment method, cheques are on the way out in Australia, with usage declining by 14% last year as card payments and direct debits gained traction.
It’s official: in the UK, cash is no longer king
Electronic payments outstripped cash for the first time on Sunday, while the total value of automated credit transactions dwarfed cash by a factor of 250:1 in 2014.
Bitcoin: too flaky for the unbanked?
Bitcoin has been heralded as a fee-free alternative to the cash-based remittance market that could help the world’s low paid overseas workers to send money home. Its volatility, though, could shut them out.
Online shopping takes off in Vietnam
A decade’s worth of efforts by the Vietnamese government to promote e-commerce are coming to fruition, with some in-country sites reporting growth of over 300% in the past year.
Alternative lending is now a trillion dollar industry
A flurry of investment in lending tech startups and a handful of mammoth IPOs have taken the value of the alternative lending sector up to $1 trillion.
Bitcoin has a future in international banking, says SWIFT panel
It seems the correspondent banking sector is excited about the potential of Bitcoin to speed up and simply international transactions.
