- Chicago-based software developer Epazz Inc. spun off payments subsidiary ZenaPay Inc. as a Canadian corporation that will pursue business in the cannabis market.
- Citing a study by a British research firm, biometric card manufacturer SmartMetric Inc. says nearly 579 million biometric credit and debit cards will be in use globally by 2023.
- The worldwide blockchain market, valued at $708 million in 2017, will grow to $60.7 billion by 2024, led by IBM Corp. and Microsoft Corp., according to Market Reports Center.
- The extent of the cryptocurrency market’s collapse in 2018 can be seen in its Dec. 28 market cap of $121.8 billion, down 79% from $573 billion on Dec. 31, 2017, according to Coinmarketcap.com. The site tracked 1,335 cryptocoins a year ago, a number that has grown 55% to 2,071.
With card-based transit payments picking up steam in the United States, a key Mastercard Inc. …