A Canadian hip-hop band, Aint No Love, reportedly has released the first album that accepts bitcoins.
Given the string of recent controversies surrounding bitcoin – from the fall of Mt. Gox, to the suicide of the CEO of one exchange – some have begun forecasting the inevitable downfall of the digital currency. Internet pioneer and venture capitalist Marc Adnreessen is not...
A cash-payment kiosk system for marijuana sales has been developed by Kansas City, Mo.-based software company Agrisoft and C4EverSystems LLC, according to a report in the Kansas City Business Journal. The system is meant to address the fact that most banks refuse to do business...
Can big data really help underwrite a better loan? Silicon Valley start-ups like LendUp, ZestFinance Inc. and Think Finance Inc. think so – they claim that by looking at everything from an applicant’s number of Facebook friends, bill paying habits and the amount of time they...
The South by Southwest (SXSW) festival now underway in Austin, Texas, is representing an opportunity for various payments players to show their wares and demonstrate emerging technologies’ possibilities. It’s also generating lots of discussion. The recent woes affecting Bitcoin have not dimmed hopes for cryptocurrencies,...
Bitcoin Tracker | Week 15 What’s the difference between pork bellies and bitcoins? Nothing, says Goldman Sachs. They pooh-pooh the notion of bitcoin as currency and instead classify it as a speculative asset that rises and falls based on the madness of the crowd. The...
With just more than two weeks until mandatory compliance with the Single Euro Payment Area (SEPA) system goes into effect, companies − particularly small businesses − are scrambling to ensure they upgrade their systems by the Feb. 1 deadline. First conceived in 2000 and initially...
The European Central Bank (ECB) released its second Single Euro Payments Area (SEPA) migration report on October 24, providing an extensive overview of how various eurozone stakeholders are succeeding, and struggling, with the upcoming February 1, 2014, deadline for SEPA credit transfer (SCT) and SEPA...
Q. What do you get when you cross the CFPB, the FTC and Six Alternative Lending CEOs? A. One heck of a conversation about the future of innovation in the financial services space. At The Innovation Project 2014, will CFPB Deputy Director David Silberman and FTC Commissioner Julie...
