Remove tag internet banking
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Pakistan Launches Payment System To Boost Financial Inclusion

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The system was developed over a period of years by a collaboration between the State Bank of Pakistan and the Bill & Melinda Gates Foundation. The Raast system was also supported by the World Bank, Britain and the United Nations. One goal for the company, according to Reuters, is to boost the role of women in the formal economy.

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Lost Pet Posters Get An Upgrade For The Digital Age

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A distraught owner might tape or staple some homemade signs around the neighborhood, knock on doors, put out some favorite treats on the porch or lawn, and perhaps even pray and check the bank account in hopes of offering a monetary reward. The goal is to create a really affordable, much better pet tag,” she said.

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ToneTag CEO Sounds Off On Payments At The Speed Of Sound

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FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). Through the partnership between ToneTag and First Abu Dhabi Bank, customers of the bank are able to pay using their PayIt app and make the payments from their mobile phone.

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Digital Fraud Is An Inside Job

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The new decade rises on a vast network of internet lawbreakers, from global syndicates to lone wolf hackers, some armed with military-grade means for cyber intrusion. Card-not-present theft — like when rideshare charges from a city you’ve never visited appear in your banking app — is traumatic enough for the typical person.

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One Out Of Five U.K. Firms Hit By Hackers Last Year

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Dealing with the damage falls mostly to IT providers for 63 percent of firms — as opposed to only 12 percent of banks and 2 percent of police forces who reported being reliant on IT providers to clean up post-hack issues. Banks and police forces tend to have in-house staff for these sorts of issues.

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Tech Unicorn To Bring Billions In Japan, Illuminating A Culture Of Thrift

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As reported by Reuters , Mercari is set to bow on the public markets in Japan, and while observers of the stock market are watchful of a billion-dollar price tag — which means, of course, unicorn status — the enthusiasm underpins a business model of a different sort.

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A Closer Look At Ripple’s Money-Saving Claims

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Last week, Ripple published a report outlining some of its boldest claims about the potential of distributed ledger technology, including that it could save banks money. We break down the company’s argument as presented in “ The Cost-Cutting Case for Banks: The ROI of Using Ripple and XRP for Global Interbank Settlements.”