TagTransferWise

29% of Freelancers Wish to be Paid in Crypto: Are Legacy Systems Inefficient?

crypto freelance work

According to a survey conducted by Humans.net, a job recruitment platform, 29 percent of freelancers would rather get paid in crypto over legacy systems and banks. The survey, which covered 1,100 U.S.-based freelancers, disclosed that 18 percent of the respondents would like to receive all of their payments in crypto while 11 percent would prefer to receive a portion of their payments using...

TransferWise: We Won't Use Blockchain until More Banks Use Ripple

Taavet Hinrikus TransferWise blockchain ripple

Major money transfer service TransferWise has indicated that in spite of excitement over the growth of Ripple's global payment solution, it has not seen a compelling case for using blockchain technology to carry out its business -- yet. Speaking to Fortune recently, TransferWise chairman and co-founder Taavet Hinrikus stated that while there exists a lot of excitement over the possibilities...

TransferWise CEO Claims Bitcoin Isn't Flexible Enough For Widespread Adoption

Kristo Kaarmann, co-founder and CEO of TransferWise, a global money transfer service, has stated that cryptocurrencies are not sufficiently flexible for widespread adoption. Kaarmann shared his views on cryptocurrency with Arjun Kharpal of CNBC during the Money 2020 conference in Amsterdam, adding that it would be exciting if people eventually use cryptocurrencies to buy everyday goods. The last...

Fintech Firm Revolut Reaches $1.7 Billion Valuation After Integrating Cryptocurrency

For many years, TransferWise, the fintech company that allows users to send bank payments with extremely cheap fees and shorter verification periods was the most dominant fintech business in Europe. This month, Revolut reached a $1.7 billion valuation after integrating cryptocurrency, surpassing Transferwise. Why the Statement of Nasdaq CEO Wasn’t a Joke Earlier this week, Nasdaq CEO Adena...

Money Transfer Provider TransferWise Links With Apple Pay

Apple Pay

TransferWise, a money transfer company considered to be among the most successful fintech startups in Europe, will permit users to send money over its network using Apple Pay’s payment service in an attempt to improve the security and ease of transfers. TransferWise hopes to expand its transfer business through its exposure to Apple’s customer base.   Apple Pay users will no longer need to...

Transferwise Blocks Deposits to Bitcoin Processor Cashila

processor

Euro and bitcoin payment processor Cashila has hinted that Transferwise has decided to block deposits to its bank accounts. Transferwise is a traditional money transfer service which gained popularity promising cheaper money transfers. Cashila users often use it to deposit funds into their accounts and to ICONOMI, its ether-based service. As a result, it surprised Cashila when one of its users...

TransferWise CEO Thinks Talking Down On Bitcoin is a Good Business Strategy

bitcoin

Mike Hearn wrote a Medium post which went viral and was the topic of much debate in the Bitcoin world. In his opinion, the Bitcoin community was dead. He wrote: “[Bitcoin] has failed because the community has failed… Worse still, the network is on the brink of technical collapse.” Hearn has spent considerable time in the trenches of the Bitcoin technology. He is one of the foremost Bitcoin...

P2P Money Transfer Firm CEO: Bitcoin Is Dead

Bitcoin Dead

It has been said plenty of times in the past and it’ll be said again in the future. Taavet Hinrikus, CEO of TransferWise, a popular peer-to-peer international money transfer service has stated that bitcoin, is dead. TransferWise is a prominent player in the Fintech space. Founded in 2010, the money transfers service is among the leading remittance services in the world. In six years of the...

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