Bhavana

8 Flips | 1 Magazine | 4 Following | 1 Follower | @Bhavana1r0j | Keep up with Bhavana on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Bhavana”

India's Audacious Plan to Bring Digital Banking to 1.2 Billion People

India is trying to yank its cash-based economy into the 21st century.<p>But how do you get 1.2 billion people, many of whom have never seen a bank or …

PayPal just poured millions into a popular startup that helps millennials invest by answering two simple questions

PayPal contributed the majority of the investment.<p>The raise brings Acorns' total funding to $62 million and aligns it with the biggest name in financial technology.<p>Acorns' goal is to capture millennial investors by boiling down the act of investing to small decisions, cofounder Jeff Cruttenden …

Bangladesh bank cyberheist was a hacker's dream after revelation it used no firewall

In what is considered to be the most damaging financial cyberattack in history, hackers targeting the Bangladesh central bank were able to steal …

Xiaomi and UnionPay launching mobile payment service in China

Xiaomi has formally announced that they are partnering with the national bank card association China UnionPay to put together a mobile payment service for use on the company’s smartphones. While they haven’t announced a timetable for the arrival of this service, they’re unfortunately already a …

Mobile

Chain, With Visa, Citi, Nasdaq And Others, Releases Blockchain Protocol For Financial Networks

If 2015 was all about financial institutions realizing that the technology behind Bitcoin — often called blockchain — will at least make their business more efficient and potentially shrink it, 2016 has set off a race among incumbents to be one of the first to market with a blockchain product. But …

Blockchain

APAC Fintech ecosystems thriving: PWC & Startupbootcamp

Shiwen Yap<p>April 21, 2016<p>With 347 FinTech investment deals in the Asia Pacific (APAC) in 2015, the region is catching up to the maturity levels of …

Fitch: FinTech to Bring Big Opportunities, Risks for Asia Banks | Reuters

(The following statement was released by the rating agency) SINGAPORE/HONG KONG, May 15 (Fitch) Technology firms will play an increasingly important role in Asia-Pacific's financial services industry, says Fitch Ratings. Large unbanked populations in countries such as India, and the emergence of …

Codes of Conduct

Fintech

Forbes-14 hours ago<p>The world's largest business group is taking a heightened interest in blockchain solutions and capital formation methods, …

Bank of England