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TSYS has announced the results of its 2016 UK Consumer Payment Choice Study. New to the second annual research were findings related to emerging payments. The online survey of more than 500 UK consumers found that P2P payments and lending are moving mainstream, contactless has arrived and Bitcoin has low rates of consumer awareness. “We expect the [...]

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Blockchain has traditionally been a subject of mitigated opinions, due to its early association with bitcoin, the cryptocurrency adopted by techies all around the world, and also used on anonymous markets on the web. As the potential of blockchain is slowly being discovered, it is now getting the full attention of the banking and technology industries. [...]

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A number of prominent voices in the Bitcoin community have been warning that the system needs to make fundamental changes to its core software code to avoid being overwhelmed by the continued growth of Bitcoin transactions. There was strong disagreement within the community, however, about how to solve this problem, or if the problem would ever [...]

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Bitcoin is not going to be a major disruptor in payments- but the blockchain could be, and financial institutions around the world are exploring options to leverage it in different ways. This article provides an overview of the key attributes of blockchain technology, as well as a high-level assessment of the potential for disruption in [...]

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Following on from the initial investigation in September 2015, The Australian Competition and Consumer Commission has cleared banks of any wrongdoing in its inquiry into the withdrawal of banking services to local bitcoin companies, stunning local operators and senators who said the investigation was sub-standard. ACCC chairman Rod Sims wrote to Nationals Senator Matthew Canavan, [...]

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