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GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

SOUTH AFRICA

Could crypto incentives help fight Facebook's fake news epidemic?

There's a paradox at the heart of modern journalism and news production: consumers like the convenience of social media as a delivery device for news, but the prevalence of fake news has made it harder for readers to trust and verify their sources...

By Bruce Silcoff 23 Apr 2019

SOUTH AFRICA

SA payments startup Yoco raises $16m in funding

South African-based Point of Sale payments provider, Yoco, has raised $16million in a Series B funding round led by Partech, a venture capital firm based in Silicon Valley...

7 Sep 2018

UNITED STATES

Blockchain could be a tool to help organizations balance size with agility

One of the biggest challenges facing business is how to merge a quest for growth with the need to stay agile in the competitive landscape of the 21st century...

By Boris Dzhingarov, Issued by Monetary Library 3 May 2018

EUROPE

How fintech is breaking down barriers in the EU

When thinking about financial technologies, it is natural to assume the term stands for recent developments. Fintech, however, is not a newcomer, but has been a column of the financial industry for the past 60 years or so...

By Boris Dzhingarov, Issued by Monetary Library 15 Nov 2017

GLOBAL

Retailers set to lose billions as card-not-present fraud rises

Retailers stand to lose $71 billion globally from fraudulent CNP (Card-Not-Present) transactions over the next five years...

21 Jun 2017

AFRICA

Barclays Accelerator reveals 2017 Africa programme participants

Thursday, 20 April 2017, saw the announcement of the top 10 companies selected for the Barclays Accelerator 2017 Africa programme...

21 Apr 2017

UNITED STATES

PayPal co-founder raises $100m for new payments startup

WASHINGTON - Affirm, a startup led by PayPal co-founder Max Levchin, said on Thursday it secured $100m in financing to expand its consumer lending business that aims to disrupt the credit card industry...

17 Oct 2016

UNITED STATES

Google tests digital wallets that can stay in pockets

Google said it is testing ways to let people use digital wallets without having to even take smartphones out of their pockets. The Internet colossus is dabbling with ways to make its Android Pay system...

3 Mar 2016