For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of pioneering FinTech players. The country’s FinTech landscape can be roughly divided into two clusters; one group of blockchain-focused developers blurring...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the results of a ranking of cities and states in terms of digital payments adoption in India. Banking service Monese now offers Apple Pay through 13 countries in Europe, as...
Iceland’s efforts over the last decade to focus on crimes that were associated with the financial crisis around the globe has hurt its law enforcement of money laundering and terrorism financing, reported The Wall Street Journal. Citing the Financial Action Task Force (FATF), an international standard-setting...
Why steal bitcoin when you can steal the technology that enables one to make more of it? Clearly, this is the question a group of Icelandic thieves pondered before making their move on 600 computers used to “mine” bitcoin. The hardware was reportedly snatched from data...
April 09, 2018
Iceland’s efforts over the last decade to focus on crimes that were associated with the financial crisis around the globe has hurt its law enforcement of money laundering and terrorism financing, reported The Wall Street Journal. Citing the Financial Action Task Force (FATF), an international standard-setting group, The WSJ said authorities in Iceland have a “fragmented […]
March 02, 2018
Why steal bitcoin when you can steal the technology that enables one to make more of it? Clearly, this is the question a group of Icelandic thieves pondered before making...
February 14, 2018
While investors are worried that the price of bitcoin might be artificially held high, a head of a cryptocurrency firm is not concerned, CNBC reported. Until the market matures, cryptocurrency...
April 25, 2017
The Icelandic language, which many in the country hold as a source of identity and pride, is being undermined by the widespread use of English by tourists and artificial intelligence...
