As the summer heats up, blockchain hype may (finally) be cooling down. 2016 will likely see less investment in bitcoin and blockchain technology, but that is true for many other areas, as well. This year to date has seen $161 million invested so far, while 2015 saw a total ofRead More
Post Tagged with: "IDC"
Blockchain may be the payments industry’s greatest recent success story. No, really. Which other payments technology, in recent years, has developed so far so fast as the blockchain? (We’d better call say distributed ledgers, of which blockchains are one example, but it doesn’t quite roll off the tongue.) Even further, blockchain has broken beyond paymentsRead More
16. Shamir Karkal, cofounder and CFO of Simple Simple is — or was — one of fintech’s prized startups. A branchless bank, Simple has managed to attract users and get them spending, reporting 13 debit transactions per minute back in 2013. Simple’s rise in popularity has been largely through wordRead More
Might Amazon be launching a payments service — today? According on a report from Reuters, Amazon will be introducing a payment service — purportedly today — which will attempt to make it easier for Amazon users to make subscription-based or recurring payments. The service will let businesses access Amazon’s 240Read More
Apple may be catching all of the headlines with its rumored interest in mobile payments, but some industry watchers think another tech giant may be better positioned in the mobile payments industry: Amazon. IDC’s James Wester writes that Amazon — with its rumored handset, highly customized version of Android OS,Read More