American Express made headlines yesterday, mainly for its less-than-stellar quarterly earnings. But it also made headlines for its connection to a much less traditional financial story. Its investment in a bitcoin venture. Which is somewhat amusing, particularly because American Express CEO Kenneth Chenault once expressed skepticism...
“The shadow of crisis has passed, and the State of the Union is strong.” Those words were uttered by President Barack Obama during his 2015 State of The Union address. And if you’re applying that same concept to the FinTech world and the application of...
Everybody’s talking about blockchain, but no one wants to utter the word that’s most commonly associated with it. Bitcoin. It’s like the ugly duckling of the digital currency underworld that just can’t seem to stay afloat in a sea of controversy. So much that the...
Let’s set the record straight on one thing: EMV and bitcoin have nothing to do with each other. Outside of the fact that both have something to with payments — one being via traditional payments cards, and the other being a volatile digital commodity/currency — comparing...
“More men and women have gone to space than there are developers that know how the blockchain works.” That’s not exactly a compliment, nor is it a vote of confidence based on the number of people who’ve traveled into space. At the Finovate Fall 2015 FinTech...
The question about how serious big banks and Wall Street are getting about bitcoin and blockchain (and if they should) is somewhat of a debate in the financial ecosystem. But Bank of America just made a move that shows it’s getting a bit more serious...
The U.S. Commodity Futures Trading Commission (CFTC) just added a lot more weight to bitcoin by taking action to declare it as a “commodity,” much like gold and silver. In an announcement, CFTC declared all cryptocurrencies as a commodity, which gives the agency the right...
From Shutter Island (last week) to Bitcoin Island today. Bitcoin is second nature at this quirky tiny self-governed land called the Isle of Man. Find out why, not to mention why Visa is backing the blockchain, how bitcoin blackmail is an increasing threat to banks,...
"Shutter Island," meet Silk Road. Dennis Lehane has agreed to write the script for the movie based on the run up to the infamous Silk Road bust. And, catch what former Wall Streeter Blythe Masters has to say about why the blockchain is “email for...
