News Aggregation – FinTech Finalists, Mobile trend-setting, All Things Bitcoin, Payment News

News roundup for today:

1. News.idg – FinTech Innovation Lab finalists announced.

Seven finalists for this year’s FinTech Innovation Lab have been announced, showcasing a range of technologies including open source trading systems, mobile payments and big data analytics. The start-up accelerator was launched in 2012 to support the development of new technologies for use in the financial services industry, and is backed by Accenture, the Technology Strategy Board and the London Mayor’s office

Sourcelink for reading more

2. Online.wsj – In-Person P2P Transfer of Bitcoins via Payment Card Now Possible With SmartMetric’s Invention.

SmartMetric, Inc. (OTCQB: SMME), a developer of patented payment card technology and in-card biometric products, announced today that its soon-to-launch SmartMetric Biometric Bitcoin Card, the world’s first biometric, fingerprint secured, off-line storage platform for bitcoins, will enable in-person Peer-to-Peer (P2P) transfer of bitcoins through its payment card.

BellID

Sourcelink for reading more

3. Banking2020 – Mobile Trend-Setting

It’s obviously inevitable that the dawn of a new year will produce a rash of predictions for the months ahead. It’s also obvious that many of these prognostications focus on mobile banking—after all, that’s where the action is right now (if we can skip the messy government settlement stuff). Still, that doesn’t mean we have any real idea what’s going to happen.

Sourcelink for reading more

4. Lightspeedindia – Bitcoin 2014, Top 10 predictions

With all the speculations about Bitcoin and the exciting 2013 behind us, I thought that a list of predictions for 2014 would be a good way to start this year. These predictions are based on growth patterns of similar networks, the traction in various ecosystem activities last year and my conversations with various Bitcoin enthusiasts. So here are my Top 10 predictions for Bitcoin 2014

Sourcelink for reading more

5. Businesswire – BitPay Announces Bitcoin Payroll API.

itPay, the world’s largest payment processor for virtual currencies, announces a beta release of their bitcoin payroll API for employers, which allows their W-2 employees to receive a portion of their net pay in bitcoin. “Since all payroll and withholding taxes are taken out first from the employee’s gross income, bitcoins can be sent from the net pay tax-free, and the employer’s gross income reporting to the IRS remains unchanged.” The Bitcoin Payroll API is designed for employers and payroll service providers. For employers using the service, their individual employees can opt-in to receive a net payroll deduction paid in bitcoin, on a recurring basis each pay period.

Sourcelink for reading more

LTP Team

Group of content writers, bloggers, journalist and editors from the Lets talk payments team.