23 February 2018 | Banking techs | Blockchain techs | Financial startups | News

BNP Paribas, French international banking group, announced the launch of its new investment fund aimed at supporting cutting-edge fintech startups in a move to expand its stake portfolio with more innovation-based financial and insurance technology firms. According to the official statement the new fund will be managed by BNP Paribas Capital Partners and will be making indirect investments through Venture Capital funds focused on technology companies in the sphere of artificial intelligence, blockchain and cybersecurity.

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22 February 2018 | Mobile payments | News | Payments | Smart gadgets

Recent research commissioned by Mastercard and held by GCT Research showed that an increasing number of consumers in European countries are tapping into the trend of using NFC-enabled wearables. The survey polling 50,747 people in UK, France, Russia, Spain, Italy, Germany, Netherlands, Poland and Sweden, indicates that 25% of Europeans want to start using tap-and-go payment solutions on their smartwatches, bracelets, keyrings and other types of available NFC-powered gadgets.

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21 February 2018 | Mobile commerce | Mobile payments | News | Payments

MusicPlanet Live, a UK-based live music directory, enabling artists and performers to promote their live performances while allowing fans to search for live music events and favorite music genres, issued a press-release announcing the partnership with CellPoint Mobile, a provider of mobile payment services and solutions for travel, hospitality and entertainment industries.

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20 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Mark Carney, Bank of England Governor, speaking at a private meeting held at Regent’s University in London, made a statement that the time for Bitcoin is running short as the cryptocurrency failed to prove being valuable for markets and consumers. He said that the cryptocurrency does not meet two major criteria: Bitcoin is not an exchange medium, nor a store of value.

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19 February 2018 | Blockchain techs | Cryptocurrency | News | Regulatory news

Late last week payment processor Worldpay and card network operator Visa reported that they are cancelling duplicate transactions, which resulted in unauthorized withdrawals of funds from the cards of card holders using the service of Coinbase cryptocurrency exchange.

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