Last week, Bloomberg hosted a conference where the Financial Conduct Authority (FCA) discussed its plans for bringing innovations to the UK financial services industry. One such innovation is a new program called Project Innovate, which will help guarantee that certain areas – like mobile banking...
Last Friday PYMNTS ran a short article by me that made the pretty simple and accurate point that Overstock.com receives dollars when people use their Coinbase wallet to send bitcoins. Little did I know the firestorm I would start. Patrick Byrne, Overstock’s CEO, was not...
The US celebrated Memorial Day this past week, but it might as well have been the 4th of July. Fireworks exploded in the bitcoin community over David Evans’ piece on Overstock’s acceptance of bitcoin, including from Patrick Byrnes himself. Then there were those pesky bots.
Security researchers are warning of a new Trojan that combines elements of the Zeus and Carberp families of malware that is targeting more than 450 financial institutions, mostly in the U.S., U.K. and Australia. Get the Full Story Complete the form to unlock this article...
The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
ControlScan announced on May 29 that it had redesigned its PCI Compliance Guide website. The payment security and compliance solution provider said in a company statement that the website is meant to keep merchant service providers (MSPs) and small to mid-sized businesses (SMBs) current on changes...
Taxi driver in London are mad as hell, and not going to take it anymore, according reports in Business Insider. Taxi drivers are planning to move ahead with a protest aimed at shutting down large sections of central London with traffic, congestion, noise and chaos over...
Dish Networks LLC will become the largest company to accept bitcoins, the subscription model pay-TV provider announced May 29. The wholly owned subsidiary of Dish Network Corp. plans to begin accepting the cryptocurrency from customers in the third quarter. Get the Full Story Complete the...
Tap-and-go credit cards might be convenient for consumers, but they could also be convenient for thieves. At least, that is the mindset of some law enforcement in Victoria, Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...