Apple Pay goes plastic: Goldman Sachs and Apple partner on new credit card launch
The Apple and Goldman Sachs joint credit card could be hitting the market soon. After announcing last year that the tech giant and Wall Street firm would be launching an Apple Pay credit card, the Wall Street Journal reports that employee testing of the product should begin within the coming weeks. Both companies are looking to expand their consumer base, and this new Apple Pay credit card just might be their ticket. Apple has long been a tech favorite among the Millennial crowd, but they are beginning to shift their focus to other products and services as iPhone sales start to lose steam. To read more, please click on […]
Five tips for getting the most out of your equity crowdfunding campaign, from founders who have been there
Since equity crowdfunding launched in Australia in 2017, startups in their droves have looked to the public to help take their venture to the next level — albeit some more successfully than others. But from the modest to the multimillion, what is it that made the successful raises successful? These founders have all been there, and they’ve got some advice. Make the most of your community Sonya Stephen, founder of cinema ticket startup Choovie saw equity crowdfunding as a way to turn her “fabulous customers” into investors, giving the community of users a chance to be more involved in the business When business-to-consumer interaction is important to a startup, “crowdfunding […]
40-50 banks expected to use Stellar (XLM) use in coming months
Put Tuesday 1.40am (UTC) on 19 March in your calendar of major Stellar Lumens events. Speaking to Finder at IBM Think 2019, IBM head of blockchain Jesse Lund revealed that 40-50 banks are expected to join the Stellar-based IBM World Wire service in the near future. “We’ve got a launch announcement coming out soon… we’re going to be supporting more than 50 countries out of the gate, 30-40 currencies, and enough market makers to drag along 30 or 40 banks, so we’ll have a significant portion of the world covered,” he explained. Several banks have already confirmed that they plan to issue digital assets, including stablecoins of their own, through […]
ezidox powers up with OneSpan Sign integration
ezidox, a popular cloud portal supported by full function mobile apps used by banks, brokers, insurers and many other professional service providers for the rapid collection of documents and information from customers, today announced the integration of OneSpan’s e-signature solution, OneSpan Sign, allowing users to prepare, send and receive documents with e-signatures directly from ezidox. When a customer needs to sign a document as part of a transaction, a “wet signature” can significantly delay the whole process – customers have to print out the document, sign it and then send it back physically or scan it and send it back electronically. E-signature capability has been shown to get a faster […]
ICO Submission to the Australian Treasury – Why ICO should stand for “Illegal Coin Offering”
By Aleksandar Svetski, CEO of Amber Labs Preface This article is an extension to a submission the authors have made to the Australian Treasury during their information-gathering process. We believe it’s critical for people to better understand what really happened during this mania, the skewed incentives that resulted and the ramifications of this blind excess. The ultimate aim is to help ensure something this deranged does not happen in a space with so much promise. Please also note: Rory and myself are both 100% for free markets, choice and people’s right to do what they want — so this is not some request for socialist compensation. This is an exposé. The goal […]
Afterpay rival Zip narrows losses
Zip’s first-half net loss has narrowed as it more than doubled its turnover. On Thursday, the buy now, pay later provider posted a net loss of $6.8 million for the six months ended December 31, 2018, compared with a $14.6 million loss in the year earlier period. Its revenue was up 114 per cent to $34.2 million from $16.0 million turnover in the year earlier period. Zip said it now has over 1 million customer accounts and over 12,600 merchants. In the last six months Zip signed a number of major retailers to its platform, it said, including Bunnings, Target, Officeworks, Appliances Online and the Super Retail Group. To […]
FinTech opportunities to come from Australia’s Royal Commission
Australia is currently holding a Royal Commission into the banking sector and it’s fair to say that what has been uncovered so far has rocked both the public, the industry and policy makers alike. The Royal Commission has uncovered a culture of big business not acting in the best interests of their customers, which appears to especially be the case for large institutions. For example, AMP one of Australia’s largest financial institutions, deliberately mislead the regulator on several occasions and the Commonwealth Bank of Australia has had several issues including criminal offences and has paid more than 700 million dollars fine to the regulator over a number of breaches over […]
Hut34 goes live with world’s first Google-powered Ethereum wallet and enhanced wallet-as-a-service offering
The Hut34 team has gone live with the world’s first Google powered cryptocurrency wallet. With a single click, users can securely, quickly and easily access their Ethereum and cryptocurrency tokens via their own Google credentials. The Hut34 Wallet beta launched late 2018 and since then a raft of exciting new features and functionality have been added to ease the public adoption of emergent token economies. “We are excited about the future applications of blockchain and cryptocurrencies, but as it stands access to and using the technology is too hard and time consuming. Only the highly motivated are willing to cross the pain threshold to enter the space,” says Tim McNamara, […]
