Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
Bitcoin Daily: Xapo Stops Credit Payments for Crypto; Former CoinFlux Owner Pleads In Crypto-Laundering Case
June 14, 2020  |  Bitcoin

Xapo, a crypto wallet and bitcoin custodian, will no longer deal in credit card payments for digital asset purchases, according to an email from the...

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Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
Fed’s Kaplan: Unemployment Rate May Stay As High As 8 Pct
June 14, 2020  |  Economy

In an interview with “Face the Nation,” Dallas Federal Reserve President Robert Kaplan said he expects some recovery in the unemployment rate this year, although...

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Coupa Acquires BELLIN Group To Boost Treasury Services
Coupa Acquires BELLIN Group To Boost Treasury Services
June 14, 2020  |  B2B Payments

Coupa Software, which works in business spend management, announced that it has acquired treasury management software BELLIN Group, according to a press release. Get the...

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Suit Filed Against Merchant Cash Advance Companies For Fraud
Suit Filed Against Merchant Cash Advance Companies For Fraud
June 14, 2020  |  B2B Payments

Three merchant cash advance companies are facing a lawsuit from New York Attorney General Letitia James over reportedly practicing illicit measures when loaning money to...

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US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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AmEx Cleared To Process Transactions In China
AmEx Cleared To Process Transactions In China
June 14, 2020  |  International

American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency, the global financial services network announced in...

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The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations
The ‘Quarantini’ And Other Post-Pandemic Cocktail Innovations
June 13, 2020  |  Innovation

The COVID-19 pandemic has shut down bars and nightclubs nationwide, leaving Americans without their favorite watering holes to socialize in. But creative consumers have found ways...

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Mastercard Teams With Octet Europe For SMB Trade Technology
Mastercard Teams With Octet Europe For SMB Trade Technology
June 12, 2020  |  B2B Payments

To assist small and medium-sized businesses (SMBs) in expanding their operations, Mastercard and Octet Europe rolled out a new trade system throughout the European Economic...

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Korean Food Delivery Platform Debuts Robot Waiters
Korean Food Delivery Platform Debuts Robot Waiters
June 12, 2020  |  Innovation

If restaurants, bars and cafes come roaring back after months of being shuttered worldwide, LG Electronics could be one of the big winners. Get the...

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