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Bitcoin breaks – network capacity maxed out
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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Can the Blockchain work in Payments
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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ACCC clears Australian banks of colluding to block bitcoin
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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Gen Y consumers drive future of payments in Asia Pacific
The power within the payment value chain in Asia is shifting to Gen Y consumers aged 25-34, a new study finds.
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2015 in Review: The year that FinTech hit form
What a difference twelve months can make. Industry conversations at 2014’s Mobey Day, (Mobey Forum’s annual open conference for all mobile money stakeholders) told of an industry undergoing major FinTech disruption. Just twelve months later toward the end of 2015, the industry vibe had changed almost beyond recognition, particularly in the mobile payments arena. Consternation, [...]
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