Cast your mind back to 2010 and remember the huge bailouts that a number of global, high profile banks were granted in the wake of the global financial meltdown that they themselves created. Banks have never been popular, from the hoops one must jump through in order to obtain something as simple as a new […]
Apple Pay Set for Launch
As Apple prepares for the launch of Apple Pay, a payments system which will allow consumers to pay for items and services using their smart devices, is the way in which we buy set to change forever? Near Field Communication Many notable enterprises already use mobile payments, EE has been operating the Cash On Tap […]
Branson gets behind TransferWise
Richard Branson and a variety of other high profile investors have invested $25 million in London-based business, TransferWise. The company was established in March 2010, and offers global currency transfers, without the hidden costs associated with traditional means. The Fintech start-up is one of a handful of innovative companies emanating from the ‘Silicon Roundabout’ district, […]
Write off Bitcoin at your Peril
Bitcoin has undoubtedly divided both financial and technology commentators since its inception. Indeed with a marketplace value that has fluctuated in worth from between $100 and $1,100 within the space of 12 months, it would be easy to come to a relatively safe assumption that it is an unstable currency or investment. However, whenever anything […]
Bitcoin and digital currencies: The future of money?
March has been a tough month for digital currencies. Bitcoin, the world’s first digital cryptocurrency, was dealt a massive blow when its biggest exchange Mt. Gox announced the theft of millions of dollars’ worth of bitcoins and its consequent bankruptcy. In addition, a spate of smaller scale thefts have rocked other digital currencies, such as […]