Mastercard Chooses Token, As Its Open Banking Hub Connectivity Partner

Mastercard, an American multinational financial services corporation, chose token.io, a California-based, open banking platform, to provide connectivity to its new open banking hub. The hub will facilitate connectivity to merchants, retailers and other regulated third parties with European financial institutions for payment transactions and data exchange. Earlier in Jun. 2018, Mastercard made an announcement saying […]

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CIOTechie_Fintech_U.S._Investment_2018

The U.S. Fintech Investment Raises USD 52.5 Billion

According to the reports, Fintech investment in the United States hit a record of USD 52.5 billion during 2018, largely driven by mergers and acquisitions (M&A), and VC (Venture Capital).  Published by KPMG, the report titled 2018 Pulse of Fintech, has covered the deals that was responsible to accelerate the fintech investment in the U.S. […]

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FinTech Investments Soars High over Blockchain, Remains a Popular Choice among Investors

Blockchain although has attained normalcy with increased adoption, is still not an ideal investment choice among investors, who rather prefer to invest in the FinTech industry. Earlier, at the end of 2017, Bitcoin price soared sky high touching $19,000. The world’s first cryptocurrency gained much hype, with people wondering the technology behind the digital currency, […]

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