We share our insight with Banking Technology Magazine about the misconception with blockchain in the industry surrounding the belief that it is a solution to making faster and securer payments. There are some issues around the blockchain that explain why, in its present form, it isn’t an ideal replacement. For example, the Bank of Canada, the Read More …
We speak to FinTech Futures about the future of crypto and digital cash. December 8, 2017 The recent World Economic Forum (WED) report “Sweden could stop using cash by 2023”, says that the country is moving towards favouring cards and mobile payment apps. Yet retailers are expected to accept cash for at least a couple of years Read More …
Kalypton CEO Lars Davies speaks to Policing Insight about the hype surrounding data protection and blockchain. As Gartner observes, Blockchain is massively overhyped but that doesn’t mean it should be ignored: “Blockchain technologies are extremely hyped, evolving at different trajectories, but should not be ignored. They offer the potential for substantial change in technology development and Read More …
After Kalypton Gains $2.6m Investment, U.S. Federal Reserve Awards Top Vendor Status Press Release December 1 2017 Financial services and global real-time payments and settlements company Kalypton has profited from a £2m ($2.6m) investment by reaching the pinnacle of the U.S. Federal Reserve’s Faster Payments Taskforce top vendors list. This investment has been received from a Read More …
The Veritas GDPR 2017 Report surveyed 900 business decision-makers across 8 significant countries, and despite 31 percent of the respondents believing that they are already compliant, Young says the study shows that they aren’t compliant to GDPR. Data privacy is driving the European Union’s General Data Protection Regulations (GDPR) in the UK, and yet it’s widely Read More …
Data privacy is driving the European Union’s General Data Protection Regulations (GDPR) in the UK, and yet it’s widely felt that banks and other financial services institutions have run out of time to find to find ways to comply with the requirements. Looming on the horizon for failing to comply is a dark cloud of Read More …
We speak to Payments Cards & Mobile about how the majority of organisations think they’re GPDR compliant and actually aren’t. The fines that could be imposed for non-compliance could be up 4 percent of global annual turnover or 20 million euros – whatever is the greater. Data privacy is driving the European Union’s General Data Read More …
Looming on the horizon for failing to comply is a dark cloud of significant financial penalties, we speak to ITProPortal about planning for GDPR. Data privacy is driving the European Union’s General Data Protection Regulations (GDPR) in the UK, and yet it’s widely felt that banks and other financial services institutions have run out of time Read More …
CEO Lars Davies speaks to American Banker Magazine about the Faster Payments Task Force initiative in the United States. Now that a Federal Reserve-convened panel has finished its work on modernizing the U.S. payment system, the Fed itself has some important choices to make. The central bank has long performed key jobs in the nation’s payments Read More …
In a report by the Faster Payment Task Force, fintech companies have outlined how Blockchain technology can be used to make payments faster for the US Federal Reserve. In this article, The CoinTelegraph looks at the companies that submitted their proposals including Kalypton Group, Ripple, Eccho, Xalgorithm, Hub Culture, Nanopay Corporation and Thought Matrix Consulting. Read More …