05 March 2014 Various states are starting to pay close attention to the security of their card-based payment systems in the wake of recent data breaches. In a bit of a return to the past, they are instead sending tax returns as checks to recipients...
05 March 2014 Maybe not the question that our Congressional men and women are discussing today in DC, but one that’s on my mind, anyway, these days in spite of the speed at which the EMV train is moving in payments, post-breach. The ripple effect...
06 March 2014 Cross-border payment solutions provider Payoneer Inc. says it has completed a Series D financing round of $25 million. “This new funding will help us expand our position as the leading provider of payment solutions that connect marketplaces, ecommerce platforms, technology companies, professionals...
Early 2014 has been a tough time for Bitcoin enthusiasts. Japan-based Bitcoin processor Mt. Gox has filed for bankruptcy in its host nation, with almost US$500 million of bitcoins having apparently evaporated into the ether on its watch. A Canadian Bitcoin exchange reported much smaller,...
06 March 2014 Various key players in payments and security got their chance on Wednesday to discuss with key lawmakers their views on how to shore up the security of the nation’s payments ecosystem during a hearing before the House Financial Services Committee’s Subcommittee on...
06 March 2014 Mobile commerce continues to grow, yet many merchants aren’t prepared to handle the nuances associated with it. Fraud prevention is one factor, but knowing which online transactions are initiated with mobile devices also remains a mystery for many retailers, contends Brad Wiskirchen,...
07 March 2014 Mobile payments are destined for the mainstream, but the payment method still probably has another five to 10 years before it becomes as integrated into the ecosystems as credit cards or checks. And over the course of that time, mobile systems will...
07 March 2014 OnDeck, which provides alternative loan services to small-and-medium sized businesses (SMBs), has successfully closed a $77 million growth investment round led by Tiger Global Management. Tiger joins existing investors Google Ventures, RRE Ventures, Industry Ventures, SAP Ventures, First Round Capital, Peter Thiel...
07 March 2014 Yesterday, after years of speculation – outlandish and sensible – the brain behind bitcoin was finally unmasked. Newsweek reports that the inventor of Bitcoin, known heretofore only under the pseudonym “Satoshi Nakamoto,” is really Dorian S. Nakamoto. But wait. Later in the day, the...
