My dad, a former Wall Street trader always advised me “cash is king” and to “hold on to it” when the economy gets tough. But in the Netherlands, cash is definitely not getting the royal treatment. In so many places, it has simply ceased to be recognised as legal tender. More and more Dutch stores, […]
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Starting a modern payments network underpinned by Ripple and supported by rules and governance for global settlement. Ripple, which earlier this month completed a $55 million Series B financing round, has announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed ledger (blockchain) financial technology.
When we started this decade, the Internet of Things was a basically a buzzword, talked about by a few, acted upon by fewer, a challenge to save for the future, like 2015 or 2020.
Bitcoin is the virtual currency that everyone is talking about. There are now 15.5 million Bitcoins in circulation. But it’s not the only option out there in the crypto-world. Like Bitcoin, there are coins available to be mined and, eventually, there can be multiple options to be traded on the open market and used to purchase goods and […]
As spenders and savers, what does the future hold for us? Over the past 30 years, the way in which we bank and use money has changed drastically. While the pace of change has started to slow, there are still exciting times ahead.
Bank branches are ceasing to be the most important channel in banking. They are being replaced by far more efficient mechanisms for revenue generation and relationships. The discussion is increasingly resorting to a sort of desperate plea — “but branches aren’t going to die completely, are they?” No one is saying branches will grow.
They’re creating an average of 760 U.S. jobs each, the study finds. Space X’s Elon Musk, Zenefits’ Laks Srini, Uber’s Garrett Camp, and Palentir’s Peter Thiel are all founders of billion-dollar startups and they’re also all immigrants.
Coinbase announced last week a new Bitcoin debit card that will allow U.S. users to pay with Bitcoin anywhere Visa is accepted.
Amun 3554 is a little more than a mile wide and it’s one of the smallest M-class (metal-bearing) asteroids yet discovered. Unless it ever decides to smash into us — a theoretical possibility, but extremely unlikely over the next few centuries — it will continue orbiting the sun, unknown and unmolested.
You are about to have another option at your fingertips to pay for things. Last week, the smart jewelry company Ringly announces a partnership with MasterCard that will allow you to pay for items with the tap of a ring. (Video)