MIT Launches First Graduate Fintech Course | Payment Week
http://paymentweek.com/2015-11-19-mit-launches-first-graduate-fintech-course-8907/
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Finance
How AmEx is ‘Testing the Waters’ of Bitcoin and the Blockchain
American Express, through its venture capital arm American Express Ventures, is looking to use its recent investment in bitcoin remittance startup Abra’s $12m Series A as a way to more closely observe the digital currency industry and the technology behind it. Link: How AmEx is ‘Testing the Waters’ of Bitcoin and the Blockchain
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McDonald’s now accepts ‘two-second’ mobile payments in China amid big data push
McDonald’s has teamed up with Ant Financial — the financial services subsidiary of Alibaba, China’s largest ecommerce player — to start accepting mobile payments in more than 2,100 of its restaurants in China using Alipay. (Think of Apple Pay or Android Pay in the U.S.) Link: McDonald’s now accepts ‘two-second’ mobile payments in China amid big
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PayPal Mobile Apps Plagued by Authentication Flaw: Researcher
An unpatched vulnerability affecting PayPal’s mobile applications can be exploited to access restricted accounts and even bypass the two-factor authentication (2FA) mechanism, a researcher claims. Link: PayPal Mobile Apps Plagued by Authentication Flaw: Researcher
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