Devices and Unconventional Channels Are Turning Into Payments Platforms

January 24, 2017    By : Elena Mesropyan

The payments segment was the hottest FinTech segment in 2016 – financial technology companies around the world raised a total of ~$36 billion in financing across over 1500 funding deals from over 1700 unique investors (not taking into account M&A

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Are the Capabilities of Smart Contracts Overblown?

January 24, 2017    By : Milos Dunjic

Smart contracts are discrete computer program units, which are deployed inside blockchain network nodes. Once they are ready for deployment, the one-way hash value of the code is calculated and digitally signed. The one-way hash value, its digital signature, and

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ASOS Partners With Klarna to Launch Pay After Delivery in Nordics

January 24, 2017    By : LTP Team

In order to make online payments more flexible for shoppers, ASOS has partnered with one of Europe’s leading payments providers, Klarna, and their pay after delivery technology following a successful partnership in Germany over the past three years. Klarna’s pay-after-delivery

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SimplyTapp Reinvents Mobile Commerce Like It Did With NFC Payments

January 23, 2017    By : LTP Team

New Payments Category Created AUSTIN, TX – Jan. 19, 2017 – SimplyTapp is launching its consumer-facing payment, money transfer and shopping app, Gane, today. (Exclusive ProductHunt community offer.) After showcasing the product in October of last year, the US is

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The ‘Socialization’ of Financial Services

January 22, 2017    By : Elena Mesropyan

Peer networks play an important role in delivering financial services nowadays, bringing the element of social into traditionally corporate-dominated industries. Financial technology startups played a critical role in appropriating social communication and connectivity, building business models based purely on leveraging

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In the Alliance With LTP, IBM, Microsoft, Mastercard and PwC, Citi Kicks off ‘Tech for Integrity (T4I) Challenge’ to Bring Innovation Into Public Sector

January 20, 2017    By : Elena Mesropyan

Amidst FinTech’s hype, entrepreneurs around the world have overlooked one of the greatest innovation opportunities – government. The government is one of the most complex and resource-consuming ecosystems and it’s in desperate need for innovation. In their analysis of conditions

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How FinTech Impacts Purchasing Behavior and Enhances Business Efficiency

January 20, 2017    By : Elena Mesropyan

  Customer purchasing behavior has been significantly transformed since the accelerated adoption of FinTech solutions, known for their convenience, customer-centricity and emphasis on UI/UX rather than the movement of funds. Technology and experience-focused solutions like PayPal, Venmo, Square, Stripe comprised

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How APIs Are Obliterating Technology Challenges

January 19, 2017    By : Bruce Dragt

We live in a world characterized by rapid communications and transactions. About 97% of Millennials own a mobile device and 51% of them spend more time shopping (buying) on mobile than on desktop. The instant gratification generation that we all have

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Ethoca & FICO Partner to Improve End-to-End CNP Fraud Management Capabilities for Card Issuers

January 19, 2017    By : LTP Team

Partnership enables FICO to provide rapid notification of confirmed fraud to Ethoca for immediate resolution through Ethoca’s global network of merchants   TORONTO, Ontario, Canada; San Jose, CA – January 18, 2017 – Ethoca, the industry standard for collaboration-based technology

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The RegTech Effect: Unleashing Innovative Capacity With Cost-Efficient Data Management and Reporting Solutions

January 17, 2017    By : Elena Mesropyan

Compliance consumes innovation opportunities In the financial services industry, compliance is not an option. It is the speed-inhibiting layers of operations that are extremely expensive and becomes even more expensive if not done correctly. Just to understand how expensive and

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