Payments Monitor

Good morning, welcome to Payments Monitor, my name is Faisal Khan, today is the 14th of October 2015, some trending stories today are: TOP STORIES Hyperledger, a Blockchain startup who’s co-founders are based out of China and the US, just got their first big break. At Innotribe in Singapore, Hyperledger won the $50,000 Innotribe startup prize. Hyperledger is a distributed ledger that allows banks and other financial institutions to clear and settle financial transactions in real-time. The hits just keep on coming, the US charity shop chain America’s Thrift Stores just reported a data-breach, as per a press-release, the hacks originated from somewhere in Eastern Europe. With a recent trademark filing by LG (Lucky Goldstar) for a product called GPay, there is now speculation if the Korean company would be entering the payments market and be offering payments on its mobile devices. A quick search of the NMLS database shows no money transmitter licenses awarded to LG. Goldman Sachs role in 1 Malaysia Develop