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BitConnect Coin Outdoes Ethereum's Performance for 6 Months That Followed the ICO

The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming the growth of the world's top altcoin, Ethereum. The new cryptocurrency has witnessed its value increase dramatically since its November 2016 ICO.

Friday, June 16, 2017 - 07:19
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Trax and Bats Unite for MiFIDII Equities Trade Reporting

Trax®, a subsidiary of MarketAxess Holdings, Inc. and a leading provider of regulatory reporting, trade matching and capital market data services, and Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today announce plans to offer Trax Approved Publication Arrangement (APA) customers the choice to direct equity trade reports to the Bats APA in order to help market participants comply with MiFID II post-trade transparency obligations. 

Friday, June 16, 2017 - 07:06
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Singapore's FinLab Puts Eight Startups on the Accelerator

After sieving through close to 400 applications across 44 countries, The FinLab, Singapore's first corporate fintech accelerator, selected 8 innovative fintech businesses for its second cycle of acceleration.

Friday, June 16, 2017 - 06:57
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NetClearance Brings IoT Payments to the Point-of-Sale

Netclearance, providers of the world’s biggest network of smart Bluetooth payment terminals, today unveils the world’s first commercially available Bluetooth 5 payment beacon. 

mBeaconSAM comes in a mini SIM-card sized smart card that fits into existing card reader terminals and will enable them for IoT payments transactions.  

The device brings three key benefits to merchants and financial institutions:

Friday, June 16, 2017 - 06:51
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Chase Launches QuickPay with Zelle

Chase customers now have broader access to an easy, safe and fast way to pay other individuals through the ZelleSM network. 

Friday, June 16, 2017 - 06:45
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The ai Corporation Releases Machine Learning Tools to Combat ACH Fraud

Fraud and risk management experts, The ai Corporation (ai), has developed a suite of self-service machine-learning products that enable banks to directly fight growing ACH fraud.

Friday, June 16, 2017 - 06:32
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BlueRock Wealth Management Offers Digital Safekeeping with FutureVault

BlueRock Wealth Management Inc., a trusted wealth management firm that provides personalized financial advice and services, has announced that it is offering FutureVault’s Digital Collaborative Vault – called the BlueRock Vault – as an exclusive service to its executive and high-net-worth clients.

Friday, June 16, 2017 - 06:29
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Circle Strives to Ease the Cost and Pain of Cross-border Consumer Payments

Today, Circle customers in the US, UK and Europe now have the ability to send and receive money instantly across borders with no fees and no markup on foreign exchange rates. 

For the first time, sending money across borders is just like sending email or sharing photos: free and instant. It’s another step in our mission to tear down borders and barriers to sending money anywhere in the world.

Other news we’re sharing today includes:

Friday, June 16, 2017 - 06:25
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Dutch Regulator Fines ABN Amro Credit Card Arm for Lending Failings

The Netherlands Authority for the Financial Markets (AFM) today announced that it is fining International Card Services (ICS), a wholly-owned subsidiary of ABN AMRO, for excessive credit limits. 

In March 2017, ICS took the initiative itself and prepared a compensation plan for the clients concerned.

The EUR 2.4 million fine relates to shortcomings in ICS’s lending practices from June 2012 to March 2015. Some ICS clients were given credit limits that were too high, for which they paid interest and, in some cases, fees.

Friday, June 16, 2017 - 06:18
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Blockchain Bank Babb Welcomes Ripple advisor as CTO

Blockchain-based banking startup BABB has today announced the appointment of blockchain heavyweight Dr. Anish Mohammed, who has joined the team as CTO & CSO to spearhead the launch of the world’s first blockchain-based bank account.

Friday, June 16, 2017 - 06:15
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