Korean Credit Card Giant to Integrate Blockchain Identity Service
South Korea’s largest #credit #card company is set to use a #blockchain #identity solution developed by local #bitcoin startup Coinplug.
South Korea’s largest #credit #card company is set to use a #blockchain #identity solution developed by local #bitcoin startup Coinplug.
The #credit union industry’s distributed ledger initiative has sparked the interest of CUSOs, a group that has typically not collaborated much.
The #credit union industry’s distributed ledger initiative has sparked the interest of CUSOs, a group that has typically not collaborated much.
Today it was announced that #Green Dot, a leader in the prepaid space, is launching the Green Dot Platinum Visa #Secured #Credit #Card—a credit card designed specifically to help those without credit build it, or those with low credit scores, build them up. The company floated news of this cardRead More
Bank Innovation
#Debitize, a startup helping millennials build #credit without using credit (we’ll explain), reached a significant milestone last week and released a new product this week. The milestone is $ 1 #million “debitized.” Users of the service essentially treat credit cards as if they were debit cards, and pay off balances through Debitize beforeRead More
Bank Innovation
#Credit #Karma now has 60 #million #users. Yes, that zero is supposed to be there. And the company, which gives out free credit scores and generates revenue from selling lending leads, is adding 1 million to 2 million users — which the company calls “members” &8212; per month, a Credit Karma official told anRead More
Bank Innovation
More than 50 #credit #unions are now laying the groundwork for what they believe could #become the financial industry’s #first live #blockchain project.
CoinDesk
Image #credit: Cafe Credit In March 2014 the Australian Parliament rubber stamped new Credit #reporting & Privacy Laws that enabled Credit Providers (CPs) and Credit Reporting Bureaus (CRBs) to commence voluntary #Comprehensive Credit Reporting (CCR). Australian lenders are well behind on CCR, much to the detriment of Australian borrowers, argue many #fintech startups.Read More
Bank Innovation
Image source The transition to Chip and PIN #credit cards in America currently looks like just a big conversion cost – good for vendors and consultants and a big extra cost and time suck for everybody else. However, below the surface something bigger is brewing. Chip on plastic is incrementalRead More
Bank Innovation
Research from financial services giant #Credit #Suisse examines how the stock performance of incumbent financial firms could be impacted by #blockchain.
CoinDesk
Reply