Former Visa Senior VP Says Bitcoin is Probably the Biggest Fintech Innovation
Bitnet founder and former senior Vice President at Visa John McDonnell says that bitcoin is probably the biggest fintech innovation since electronic payments. In his recent podcast interview with Epicenter Bitcoin, he explained how the cryptocurrency could be the solution to online payment issues. Bitnet is a bitcoin payment processing company that focuses on how to move funds safely between customers and merchants. The Bitcoin Potential. "The founding team of Bitnet comes from the online payments industry, so we know a great deal about how broken, frankly, online payments has become. As....
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Visa, one of the biggest payments companies in the world, has announced the launch of a series of crypto-enabled cards in partnership with several fintech startups in Latam. These cards will allow users to spend crypto, purchase crypto where Visa cards are accepted for such, and also receive crypto cash back through different fintech partners in the region.
Visa Provides Fintech Partners With Crypto-Enabled Cards
More global payment companies are taking an interest in mixing conventional fiat payments with more advanced solutions like cryptocurrencies. Visa, one of the leading....
Accenture’s FinTech Innovation Lab London has chosen 20 innovative startups from more than 300 FinTech firms around the globe, which will represent the biggest programme in the London Lab’s five-year history. According to an Accenture press release, this year’s programme also received an increased interest from startups located in the Middle East, Turkey, Russia, the Nordics, and North America. Launched in 2012 by Accenture, the FinTech Innovation Lab London, which is in collaboration with the U.K.’s leading financial service institutions, angel investors, and venture capital firms, is one....
Visa has, in a job posting, revealed that it is looking to hire a senior software engineer to be a part of its research team to help develop a “secure and scalable blockchain” network. The job posting comes via a posting by Visa Research, a newly created arm of the payments company as a part of exploring new innovation and expanding its technology research globally. The job entails research and development work in the arena of emerging payments, blockchain, virtual currencies and other emerging payment technologies. Visa Research is putting together research teams to focus on three “key....
A senior central bank official has stated that the priority of the Bank of England is to create a regulatory approach to Fintech as it understands its impact, according to Reuters. Victoria Cleland, the BoE’s Chief Cashier, explained that the risks and advantages of digital currencies and blockchain were being assessed. This announcement by the BoE comes when policymakers in Britain want to know if London will remain the global centre for Fintech or if companies will move to other European countries instead. Cleland said that the BoE was working with firms in the Fintech sector to....
UK innovation agency, Nesta, is now hiring for a senior manager to organize a competition between fintech startups that will include prize money for the winner. Nesta Now Hiring Senior Manager for Competition. The competition will be aimed at encouraging fintech firms to develop data-driven comparison tools to support small businesses in selecting financial products and services. The competition will include a “multi-million pound” prize for whichever fintech startup ends up winning. According to the job listing at Nesta’s official website, the two-year program is closely aligned with a....