How Non-Bank Incumbents are Dealing With the Rise of FinTech

January 27, 2016    By : Aboli

At LTP, we have always highlighted the debate around banks and their relationship with FinTech startups. The rapid rise of FinTech startups seems to be throwing some shade on the banks basking in the sun. As payment technology evolves, FinTech

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Exclusive Interview With Sam Rehman, CTO of Arxan Technologies: In-Depth Insights on HCE Security, HCE vs. NFC and Android Pay

January 27, 2016    By : Aboli

With the launch of Android Pay in September 2015, Google responded to Apple Pay after a full long year. However, unlike Apple, not all Android devices are NFC-enabled. HCE, or host card emulation, is a cloud-based protocol that promises to

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A First for Asian FinTech: One of the Largest Ever Series B Rounds with Both Public and Private Investors

January 25, 2016    By : Aboli

  WeLab, operator of Wolaidai, one of China’s largest mobile lending platforms, and WeLend.hk, Hong Kong’s leading online lending platform, announced a US$160 million (RMB 1 billion) fundraising round from a “never-seen-before” combination of international and domestic Chinese investors (banks

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FiveStars Raises $50M With A Vision To Connect Loyalty Programs To Offline Commerce

January 22, 2016    By : Aboli

FiveStars, a startup that has built a platform and app to run loyalty programs and shopping analytics for small brick-and-mortar retailers raised a $50 million Series C funding round led by HarbourVest Partners. The round includes participation from all major

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IMF Paper On Virtual Currencies Prepares The Industry For Larger Bitcoin Acceptance

January 22, 2016    By : Aboli

The International Monetary Fund (IMF) staff released a paper today that talks about the problems and risks associated with virtual currencies (VCs) and how can the financial industry could benefit from virtual currencies, if it is regulated. For those who

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NRF 2016 Summary: Retail’s BIG Show Powered By A Fuel Called “FinTech”

January 22, 2016    By : Aboli

The National Retail Federation (NRF), the world’s largest retail association, is back again with its annual retail conference which is commonly known as “Retail’s Big Show.” The NRF’s Annual Convention & EXPO earned the nickname “Retail’s BIG Show” years ago

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Unexpected News: Report on Blockchain Points Out Flaws In Its Application

January 22, 2016    By : Aboli

On January 15, 2016, the government of Vermont, a small state in the northeastern part of the U.S., published a report on blockchain that includes findings and recommendations concerning the potential opportunities and risks of creating a presumption of validity

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TravelersBox Raises $10 Million: Airport Kiosks That Let You Exchange Leftover Foreign Currency

January 22, 2016    By : Aboli

Israel startup TravelersBox, a provider of airport kiosks for saving leftover foreign currency, today announced that it has secured a $10 million Series A round led by Arbor Ventures along with participation from existing investors. The company’s kiosk is actually

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84 FinTech VC Firms to Consider If You Are a FinTech Startup Raising Money

January 21, 2016    By : Aboli

Let’s Talk Payments keeps a periodic track of FinTech investments in the industry. Our latest study found out that $4.5 billion worth of FinTech investments were made in five months from July 2015 to November 2015. Our analysis also revealed

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5 Compelling Reasons Why Bitcoin May Be Dead Very Soon

January 21, 2016    By : Aboli

Bitcoin is a virtual monetary system, a peer-to-peer currency with no central bank. It is based on digital tokens with no intrinsic value. An outstanding innovation in the 21st century payment system, bitcoin gained popularity in its initial phase in

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