It’s a good start to the new year for #fintechs seeking venture capital backing. According to the latest report by CB Insights, #funding #deals for VC-backed fintechs reached an all-time #high in 1Q18 — 323 deals across the globe. Based on the report, VC-backed #fintech firms raised $ 5.4 billion in the quarter across 323 deals. […]
Bank Innovation
Most #cards across the globe are EMV-chip enabled, according to a report by EMVco. According to the report, released yesterday, the #number of EMV-chip enabled cards in global circulation increased by 1 billion in 2017. In that year, there were about 7.1 billion EMV-enabled cards in circulation, the report showed. This year there will likely […]
Bank Innovation
True, mobile payments are becoming increasingly popular as a form of P2C #payment methods, but make no mistake – cards are not going anywhere anytime soon. At least, that’s according to RBR’s latest report. According to RBR’s Global Payment Cards Data and Forecasts to #2022, report, the number of #card-accepting merchant outlets rose by 7 million …Read More
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The #price of #bitcoin today is down: very down. The price of the #cryptocurrency fell more than 25% its all-time #high of about $ 20,000. The news comes days #after a South Korean cryptocurrency exchange Youbit was hacked earlier this week. Today bitcoin is at $ 11330 as of 10.00 AM ET. That’s staggering plunge from its […]
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This year could be the year that VC- backed #fintech #investment deals and #funding #reach an all-time #high. According to a report by CB Insights, released earlier this week, venture capital-backed fintech companies across the globe raised a total of $ 5.2 Billion across 251 deals in the second quarter of this year. This number reflects […]
Bank Innovation
#Bitcoin has, once again, smashed a record. The #cryptocurrency hit a new all-time high yesterday, rising to about $ 1,343, while its younger cousin #ether–the currency traded on Ethereum&8211;also logged a new record when prices rocketed over $ 60. The price hikes come amidst a rising period of #confidence and excitement for cryptocurrency enthusiasts, emboldened due to recent […]
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