Blockchain

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/Blockchain

How does the industry view the future of mobile?

Ann Cairns, president, International Markets at Mastercard discusses the future of mobile money and what the industry is expecting from innovation.

/Blockchain

American Express files virtual currency patent

American Express has filed a patent for a system and method for using loyalty rewards as a currency.

/Blockchain

Facebook to extend Credits currency across the Web

Facebook is seeking to extend the reach its virtual currency, teaming up with developers to test Credits outside of the social network.

/Blockchain

Bitcoin POS system developed

A point-of-sale system, based on a VeriFone terminal, which enables retailers to accept virtual currency Bitcoin has been developed.

/Blockchain

Citi slaps down Bank 2.0 rivals in Innotribe face-off

Financial heavyweight Citi has faced off a challenge to old-bank hegemony with a powerful display of its technological prowess that knocked the wind out of a room-full of Bank 2.0 innovation gurus and digital evangelists at an Innotribe session at Sibos in Toronto.

/Blockchain

Ven digital currency to be displayed on Thomson Reuters terminal network

Online collaboration community Hub Culture is to make its Ven digital currency product available on Thomson Reuters data network and desktop terminals globally.

/Blockchain

Microsoft presses RBA on virtual currencies

Microsoft is pressing the Reserve Bank of Australia to consider adjustments to the domestic payments markets to help consumers conduct transactions in virtual currencies, such as Facebook Credits and Microsoft Points.

/Blockchain

South Korea arrests five over online gaming scam

South Korean police have arrested five members of a gang accused of using computer hackers from North Korea to steal millions of dollars in online gaming points.

/Blockchain

US customs agents turn away Bitcoin-dependant visitor

A person claims he was refused entry into the United States because authorities refused to believe that he was planning to fund his two month stay using the Bitcoin virtual currency.

/Blockchain

Phoney Bitcoins caused MT Gox virtual currency crash

Virtual currency exchange MT Gox says that an anonymous hacker used phoney Bitcoins to flood the market and drive down prices causing a spectacular market crash last month.

/Blockchain

Germans to vote for Big Brother winner using Facebook Credits

Germans watching the latest series of reality TV show Big Brother will be able to vote for their favourite Z-list celebrity-in-the-making using Facebook Credits.

/Blockchain

Paypal calls time on physical wallet

Within four years consumers will be able to leave their wallets at home as digital currencies supplant traditional payment methods for shopping at retail stores, according to forecasts from PayPal.

/Blockchain

Bitcoin value crashes after exchange compromised

The value of peer-to-peer virtual currency Bitcoin has plummeted after an account at MT. Gox, an exchange for the digital money, was compromised and a large amount of coins sold off.

/Blockchain

US senators voice fears over Bitcoin link to online drugs market

Peer-to-peer virtual currency Bitcoin has come under fire from US senators worried it is being used to anonymously buy illegal drugs online.

/Blockchain

Virtual currency used for commodity trade

Hub Culture, a self-styled online 'collaboration network' claims to have completed the first commodity trading deal priced in a virtual currency.

/Blockchain

Three billion dollar virtual economy to fuel developing countries - World Bank

Virtual online currencies and digital work are helping to fuel growth and provide real income opportunities to poor and unskilled workers in developing countries, according to a World Bank study.

/Blockchain

More than M-Pesa, African banking gears itself for growth

Oti Ikomi, senior VP at Ecobank, a South African-based, pan-African banking group, talks with Finextra about the rise of the middle class in Africa and its affects on the continent's banking industry at Fundtech Insights 2011 in London.

/Blockchain

Southern Africa plans Sepa-style payments harmonisation

A project run by central banks of the 15-member Southern African Development Community aims to complete a pilot project harmonising the payment infrastructures of the four Rand Monetary Area countries within two years.

/Blockchain

Sepa migration milestones

Giorgio Ferrero stresses EBA Clearing's crucial role in achieving the euro payments area vision.

/Blockchain

Corporates want mobile banking

Fundtech and Aite Group explain their recent research into corporate demand for mobile banking solutions.