With the prevalence of two-step authentication systems that use phone numbers to access email and virtual money accounts, phone hijacking is on the rise as a way to siphon funds from online cryptocurrency wallets.
What’s a token, anyway? Read more about the role of tokens on a Blockchain, and how they can serve as gateways to investing.
Reuters RBC’s CEO pushes back on suggestion bitcoin is a fraud Reuters TORONTO (Reuters) – The chief executive of Canada’s biggest lender on Thursday pushed back on a suggestion by JPMorgan (JP.N) Chief Executive Jamie Dimon that bitcoin is a fraud, though he said the cryptocurrency needs monitoring.
Reuters Backers withdraw two proposals to list US bitcoin funds Reuters (Reuters) – An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew two proposals to list bitcoin funds. Intercontinental Exchange Inc’s (ICE.N) NYSE Arca exchange on Wednesday withdrew an application …
Alipay teams up with Wirecard Wirecard has announced two partnerships this week to expand Alipay acceptance in Europe, one with Schustermann & Borenstein (S&B) and another with Swarovski Crystal Worlds, reports Paybefore ( Banking Technology ‘s sister publication).
Phase one of the FCA hub will be launched next month The UK’s Financial Conduct Authority (FCA) is setting up an asset management authorisation hub to support start-ups entering the lively market. In a speech at the “FT Investment Management Summit Europe 2017”, Megan Butler, executive director of supervision – investment, wholesale and specialist, FCA, says the hub will help start-ups as they move between pre-authorisation and authorisation, and on to regular supervision.
More Chinese fintech firms vying to go public could choose Hong Kong as their listing venue, after the city’s first fintech IPO received a hot response from investors, and that Hong Kong has unique advantages compared with other global financial hubs …