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Essential Tips to Secure Your Bitcoin Wallet
The world is experiencing a Bitcoin boom right now. In terms of 24 hour trading volume, Bitcoin (BTC) is the second largest cryptocurrency at USD 70.45 billion in the world, following Tether (USDT) at USD 153.65 billion [1]. But with the increasing interest in and...
The need for cryptocurrency insurance policies and coverage
The cryptocurrency market is currently experiencing a boom. In 2019, the global cryptocurrency market was valued at US$754 million and by 2027, the market is projected to reach US$1758 million. The growth is forecasted to happen at a compounded annual growth rate (CAGR) of 11.2%...
The Future of Payments: 8 Trends to Watch in 2021
Introduction In 2020, market size of the global digital payments was valued at US$58.30 billion. From 2021 to 2028, the market is expected to grow at a compounded annual growth rate (CAGR) of 19.4% [1]. In this blog, we talk about what are some of...
Fintech Openpay cracks deal with Worldpay for US expansion
Australian buy now, pay later fintech Openpay says that it is now looking to grow its business in the United States via a strategic partnership with payments processor Worldpay. Through this mutually beneficial commercial partnership, financial products of Openpay will be integrated with Worldpay’s payment...
Amidst closing branches, Westpac partners with FrankieOne for BaaS platform
Australian financial services company Westpac Banking Corporation announced its partnership with fintech FrankieOne. The partnership has made FrankieOne Westpac’s identity infrastructure provider for its BaaS (banking-as-a-service) platform. The Big Four bank Westpac aims at creating and offering authorization to enterprises that don’t have a banking...
Understanding NFTs: Cryptocurrency, Blockchain Wallets, and More
You might have heard the term ‘NFT’ with regards to Grimes selling NFT art for millions. The digital artist who goes by the name ‘Beeple’, Mike Winkelmann made headlines earlier in March by selling an NFT for about $69 million to Christie. It’s not just...
PayPal Introduces Buy Now, Pay Later Solution in Australia
Online payment solutions giant PayPal announced that it has launched its buy now pay later solution ‘Pay in 4’ in Australia. The BNPL solution has been launched in a country where buy now pay later giants like Afterpay and ZipPay compete for market share. The...
Global fintech giant Stripe raises $733 million in its latest funding round
In today’s trending financial technology news, Irish-American fintech company Stripe has raised $733 million in a latest funding round. The internationally renowned financial technology firm says that it’ll use the freshly raised capital in efforts to further expand its Global Payments and Treasury Network. The...
6 Different types of cryptocurrencies and why governments fear them
According to Statista, the most famous cryptocurrency Bitcoin saw about 333,000 daily transactions in December 2020. In the same month, Ethereum was processed over 1.1 million times a day [1]. Bitcoin was the first decentralized cryptocurrency or digital currency and was created in 2009. Over...
UK-based Fintech Atom Bank to Raise £40 Mn, Plans for Initial Public Offering
Atom Bank, one of UK’s most innovative fintech banks is set to raise around 40 million pounds from its current shareholders. The retail bank revealed that it will use this capital to fuel its growth. Atom’s Vision The bank has expressed plans to float on...
