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Fit Pay to Ship Bitcoin Payment Device

Source: Fit Pay Fit Pay, Inc., a wholly owned subsidiary of Nxt-ID, Inc. (NASDAQ: NXTD), today announced that it will begin shipping initial orders of Flip, a new contactless payment device that enables Bitcoin holders to use the value of their currency to make contactless purchases at millions of retail locations.

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More Americans No Longer Carry Any Cash at All

Not surprisingly, millennials are paving the way among people ditching bills and coins in favor of credit, debit and digital payments, through apps like Apple Pay, Venmo and Zelle. In fact, more than 1 in 10 millennials use their digital wallet for every purchase, according to a separate report by Experian – especially on food, […]

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Chilean Treasury Launches Blockchain Platform to Process Public Payments

The Chilean General Treasury of the Republic (TGR), which oversees tax collection in the country, has launched a blockchain platform to process payments, according to a press release published Dec. 19.

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Apple Pay Could Hit Czech Republic and Slovakia Soon

Apple Pay is continuing its march to global dominance. Photo: Jim Merithew/Cult of Mac Apple Pay could land in Slovakia and the Czech Republic over the next couple of months, a new report claims. A local news source suggests that Apple’s mobile payment service is likely to launch in either late February or early March.

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12 Months On, PayID Still Not Completely Implemented by Australia’s Big Four Banks

Australia’s New Payments Platform (NPP) went live in February last year; the platform allows for the transfer of money from one person to another in near real-time, using an email address or phone number rather than the traditional BSB or account number process.

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First Online Cryptocurrency Exchange Launched in Belarus

The first online cryptocurrency exchange — based on blockchain technology — has been launched in Belarus. Media reports in Belarus said on January 15 that what they called the world’s first regulated tokenized securities exchange at Currency.

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A Fintech Bonanza Is Luring Foreign Cash to This Tiny EU State

Courting fintech companies is paying off for Lithuania. For two years, the Baltic nation of 2.8 million people haspromoted itselfas a launchpad for hi-tech upstarts eyeing the European Union and the euro region, offering English-language services and three-month approval for licenses.

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Chinese Credit Card Data: Know Too Much, or No, Too Much

One of the important factors about credit cards is that they account for usage. Banks and merchants must balance and settle every day. Records exist for every dime you spend, where you shopped, and how well you pay off your debt. In the U.S., the IRS may gain access with a subpoena to validate (or […]

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Mobile Payments Market in China Is Expected to Grow Rapidly by 2023 –

Frost Sullivans have published a report, Chinese Mobile Payments Services Market, Forecast to 2023. The report highlights the mobile payments growth opportunities presented in the country. China has a growing middle class with an appetite of all forms of modern technology and gadgets.

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EU Reports on Cryptoasset Regulation Could Have Global Reverberations

ANALYSIS – Two leading financial regulatory authorities are preparing to release pivotal reports on cryptoasset regulation throughout the European Union with recommendations that set the stage to create a separate bespoke regime for cryptoassets that are not currently subject to regulation in the bloc.

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Google Enters European Payments Market

Details about the project are scarce as of this time but observers note that the licence is likely going to allow the brand to expand its financial services Google Pay is still available Google is venturing into the European paytech market and now has a payments licence in Ireland.

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EU Fintech Network Mooted

In a new report, the European Supervisory Authorities (ESAs) – the European Banking Authority, the European Securities and Markets Authority and the European Insurance and Occupational Pensions Authority – said a lack of cooperation between financial regulators across the EU could be hindering businesses from growing their offer of innovative new f.

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