Subject: SCN Daily News (HTML) Thursday, 25 April 2019
Date: 25/04/2019, 12:28

Smart Card News Online

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.

Link: Wirecard

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

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