For a very long time in many European countries, traditional bank transfers were the only choice to pay or use Person-To-Person payments (P2P payments). These types of transfers took a few days to reach the accounts of the payees. In order to challenge this traditional system (SEPA Credit Transfer for…
14In 2020, global retail e-commerce sales grew more than 25 percent. This represents the goods purchased or online services of more than two billion people. In the same way, according to ACI Worldwide, the total number of Card-Not-Present (CNP) transactions has increased by 9 percent. The CNP transactions introduced additional…
Bitcoin et écologie, le point noir Les cryptomonnaies sont intéressantes sur bien des points, mais disposent toutefois de certaines limites environnementales. Ces monnaies virtuelles, de nature énergivore, entraînent une grande consommation d’électricité et davantage pour le Bitcoin. Pour mieux comprendre ce phénomène, il faut tout d’abord s’intéresser au processus…
NFC, which is an acronym for Near Field Communication, is a technology that has already impacted our daily life and many people use it without even knowing it or knowing how it works. Today it is most commonly used in contactless payments but definitely isn’t its only use. NFC is…
The smart contracts allow the monetary values to be exchanged in financial transactions in a transparent and reliable way, and reassured that there is no need to go through an intermediary to guarantee the legality of the operation. The smart contract appears to be a guarantee which assures the execution…
In September, Google entered into the Indian payment space by releasing it’s new application called « Tez », which means « fast » in Indian. Google decided to attack the Asian payment market, where mobiles aren’t as developped as in our countries, where the NFC technology is the norm. The application wants to…
After raising over $ 55 million and cooperating an decent cooperation gained with the world's largest banks, Ripple is aiming to transform the international bank exchange. The decision of the American start-up Ripple to move to the banking sector was crucial to its development considering that it was initially…