Companies, Individuals In China Can’t Discriminate Against Cash
Companies, Individuals In China Can’t Discriminate Against Cash
July 13, 2018  |  Cash

China’s central bank said Friday (July 13) that companies and individuals have to accept cash payments, but that the rule isn’t being applied to online payments...

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Bitcoin Daily: ‘Expert’ Bets Bitcoin Will Hit $280k, China Raids World Cup Crypto Gambling Group
Bitcoin Daily: ‘Expert’ Bets Bitcoin Will Hit $280k, China Raids World Cup Crypto Gambling Group
July 13, 2018  |  Bitcoin

Robinhood is adding trading for two new digital currencies to its Robinhood Crypto platform, Business Insider reported. Users will be able to trade litecoin and...

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Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus
Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus
July 13, 2018  |  Regulation

U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to...

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Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
July 13, 2018  |  CFPB

Raj Date, a former Consumer Financial Protection Bureau (CFPB) deputy director turned venture capitalist, is launching a new firm that will consult cryptocurrency and digital banking...

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Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
Malta’s Lack Of Anti-Money Laundering Enforcement Slammed By EU
July 13, 2018  |  Regulation

The European Banking Authority, the main banking regulator in Europe, slammed Malta for “systematic” failings in the enforcement of anti-money laundering rules, reported the Financial...

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Blockchain Co R3 Eyes IPO
Blockchain Co R3 Eyes IPO
July 13, 2018  |  IPO

Sources are reporting that R3 — a blockchain-software company that works with big companies such as Intel, Microsoft, U.S. Bank and Wells Fargo — is considering going public. Get...

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Global Mastercard Payment Outages Lead To Consumer Complaints
Global Mastercard Payment Outages Lead To Consumer Complaints
July 13, 2018  |  Mastercard

An outage caused Mastercard customers around the world to be blocked from using their credit cards. It was not clear what caused the outage, which...

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Users Of Digital Payment Services Have Difficulty Recovering Mistakes
Users Of Digital Payment Services Have Difficulty Recovering Mistakes
July 13, 2018  |  Security & Fraud

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who make faulty payments...

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TRENDING: Call Centers Take Off The Gloves And Put On The Masks To Fight Payments Fraud
TRENDING: Call Centers Take Off The Gloves And Put On The Masks To Fight Payments...
July 13, 2018  |  call center commerce

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