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PayPal to venture into crowdfunding through its service called Money Pools
Introduction According to the latest business finance news, PayPal has launched its service called Money Pools, which helps collect group based payment as well as crowdfunding sources. This platform can thus let contacts fundraise for a specific event or an item like gifts, trips, or...
Launch of Interac Debit on Samsung Pay in Canada
According to the latest finance news, on the 1st of November, Interac Association announced that their Interac Debit is now available on Samsung Pay in Canada. This launch is speculated to expand innovative solutions regarding mobile payment for Interac debit holders. This service is said...
The Mysterious Creator of Bitcoin: A $6 Billion Valuation?
In the latest IT news, the identity of Satoshi Nakamoto, the computer programmer who invented the digital currency, has still remained one of the biggest mysteries of all times. Since the name Satoshi Nakamoto is being used a pseudonym, determining whether it is a woman,...
San Francisco adopts Crypto currencies
In the latest IT news, the Port of San Francisco, like many international ports and transportation hubs, is considering using digital currencies in its payment structures because it sees them as the wave of the future. Thanks to Marcus Andrade, who met with the port’s...
N26 Launching in the U.S. by Mid-2018
N26 is a mobile bank that was first available in Europe, and now according to the latest finance news, this bank would be launched in the United States by mid-2018. This would be the first non-European market launch of the bank. N26 was originally founded in...
Japan’s Latest Digital Currency to Unveil Before 2020 Olympic Games
According to the latest finance news, Japan is planning to come up with its own digital currency called J COIN. Financial Times stated that this currency is being launched especially for the 2020 Tokyo Olympic Games. This news comes against the launch of Alibaba’s Alipay...
Russia prevents ‘domino effect’ in its banking sector – but threat still lingers
Russia’s banking sectors is currently the trend in the financial news today. Russia’s central bank has been forced to rescue two major lenders in less than a month, intensifying concerns among global investors that a systemic banking crisis could be in the offing. The Russian...
The third quarter ends on a high note for Euro Zone businesses
The latest financial update has good news for the Euro zone.Euro zone private businesses ended the third quarter with much stronger growth than predicted, bolstered by manufacturers, who had their best month since early 2011, a survey showed on Friday. That growth, alongside rising inflationary...
Tom Lee Has Made a Plan to Profit Based on the Strange Divergence in the Market
According to Tom Lee, founder and head of research at Fundstrat Global Advisors, the weakening of U.S Dollar is having a peculiar impact on the finance stock market this year, specifically when it came to the behaviour of value and growth stocks. In a note...
Angela Merkel headed for fourth term – German Economy not in a mood for experimenting
In the financial news, the German economy is currently making the rounds! Across western democracies, political turmoil reigns as voters oust incumbents and elect new faces to lead them out of international and economic crises. Yet, here in Europe’s largest and most powerful nation, a...
