|Subject: SCN Daily News (HTML) Thursday, 25 April 2019|
|Date: 25/04/2019, 12:28|
Thursday, 25 April 2019
Bitcoin Still Taboo at JPMorgan, Goldman as Investors Pump in $14 Billion
In just the past 12 months, investments in cryptocurrency-related assets have nearly tripled to $14.4 billion, in more than 700 companies and funds, according to industry tracker Crypto Fund Research. Regulators in New York state describe the market as "thriving," and they've granted virtual-currency trading approvals known as "BitLicenses" to at least 18 companies.
Link: The Street
Spies Share Top-secret Information with UK Firms to Protect them from Cyber Attacks
SPIES are sharing top-secret intelligence with British businesses to defend them instantly from cyber attack.
The head of GCHQ reveals for the first time today that private firms can be given information "in a matter of seconds" about criminals or foreign agents trying to hack into UK computers.
Link: The Sun
Wirecard and SoftBank Intend to Form Large-scale Strategic Partnership for Digital Payments
Wirecard AG and SoftBank Group Corp., Japan, have signed a binding term sheet under which an affiliate of SoftBank shall invest approximately EUR 900 million in Wirecard via a convertible bond mechanism.
E-cash Inventor David Chaum on Making a Comeback
While DigiCash never gained traction with users - a victim of the pre-internet era - Chaum has now returned to the limelight with his own bitcoin competitor, Elixxir - a DBI-based blockchain.
Link: The Block
British Digital Bank Revolut at Risk of Losing European Banking Licences
British digital bank Revolut is at risk of losing its European banking licences amid fresh questions over its alleged links to the Kremlin.
The company, one of Europe's fastest growing fintechs, was granted its European licences through the Bank of Lithuania in December.
The move was designed to help the nation challenge the UK as Europe's financial technology hub, but it also provoked fierce political debate in the country after it emerged that Revolut's chief executive Nikolay Storonsky has links with Russia.
Link: The Telegraph
NatWest First UK Bank to Unveil Biometric Card
The first biometric fingerprint card issued by a UK bank enters circulation, as part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers.
Customers can now use their fingerprint to verify transactions above the GBP 30 contactless limit, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required. As well as retaining contactless functionality, the fully integrated card can be used as normal in ATMs, the post office and for digital banking.
Link: London Loves Business
As a subscriber to Smart Card News we currently send you the latest industry news together with carefully selected industry events and updates.
We do not share your data with any third parties. However, due to changes in the law (GDPR) from May 2018, we need to confirm you are happy for us to continue to hold your details. If you DO NOT wish to continue to receive mailings from us you can unsubscribe at any time by:- emailing us at firstname.lastname@example.org or click Unsubscribe
Please note, if you do not unsubscribe, we will take that as confirmation that you are happy to receive future mailings from us.
Smart Card News Limited, Gratwicke House, 10 East Street, Littlehampton, West Sussex, BN17 6AW, Registered in England 2728296.
From time to time, this news service may include industry forecasts and forward looking statements made by the companies concerned. Readers should be advised that Smart Card News Ltd cannot be held responsible for decisions and/or actions taken by readers of our news service, based on the information provided. This news is only to be distributed to persons/companies who have a contract with Smart Card News Ltd. Unless your company has gained a licence and/or written permission from Smart Card News, the contents of this news page are not to be forwarded to any other person or server. Any replication by any means without prior permission is illegal and action may be taken. If you receive this online news from a forwarded source please contact the team at Smart Card News Ltd. It is illegal to replicate this online news.
Tel: +44 (0)1903 723 548