Monthly Archives: September 2015

Lessons from the Home Depot security breach and the looming chip card in the US horizon.

As a deadline approaches for new chip-enabled credit and debit cards to thwart data breaches, banks and credit unions are applying another sort of pressure by suing retailers over lax security. Source: As Online Data Theft Escalates, Banks Look to … Continue reading

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Russia’s bitruble to be world’s first state-controlled cryptocurrency

Bitruble will be very similar to Bitcoin, but unlike any other cryptocurrency, it will be regulated by the Russian Central Bank Source: Russia’s bitruble to be world’s first state-controlled cryptocurrency | Russia & India Report

Posted in Blockchain, emoney, Virtual currencies | Tagged | Leave a comment

Global Investment Banks Back Blockchain Initiative

A number of the world’s largest investment banks are teaming up to develop standards for blockchain technology. This signals that the blockchain is officially entering the mainstream of the financial system. Source: Global Investment Banks Back Blockchain Initiative

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India – An intrepid Approach for Financial Inclusion

Aadhaar is the ​federal government’s ​biometric identification system in India, which currently has 820 million residents registered – a phenomenal base – somewhere around 2/3 of the population. By all reports, the basic technologies, both the biometrics and the database, … Continue reading

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Amazing read on Apple’s long-run strategy to challenge the financial industry after bending telecom carriers.

MPD CEO Karen Webster walks thru Apple’s mobile carrier playbook over the last 8 years and draws some interesting parallels to its entry into mobile payments. Source: Are Banks At Risk Of Losing Out To Apple Pay? | PYMNTS.com

Posted in Apple, emoney, Mobile payments, Mobile wallet, NFC, Telecommunications | Tagged | Leave a comment

Former Secret Service agent guilty of bitcoin theft

A former US Secret Service agent pleads guilty to stealing bitcoins during the investigation of the Silk Road website. Source: Former Secret Service agent guilty of bitcoin theft – BBC News

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