News

Another Week Of Rough Waters For Bitcoin
April 11, 2014

Deck: Spring just doesn’t seem to have spring just yet for the Bitcoin market, despite the plethora of news around Bitcoin. Innovators continue to be hopeful and a new Bitcoin debit card has come to market, but news from Australia and China has tempered the...

News
Alipay Plans to Invest in Mobile Payment Security
April 11, 2014

Alipay, the payment unit of Chinese e-commerce firm Alibaba Group, plans to invest CNY 40 million in order to create an online payment security investment fund, according to Telecompaper. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
Amazon And PayPal Users Accounts Unaffected By Heartbleed Bug
April 11, 2014

PayPal also posted a blog advising users that there was no need to take additional action or change passwords. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Bitcoin Could Be Labeled ‘Currency’ Not ‘Property’ if Bill Passes
April 11, 2014

In March the Internal Revenue Service (IRS) ruled that Bitcoin would be taxed as property and not currency. In many ways this defeated the purpose of recognizing the cryptocurrency as a medium. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Industry Awaits Potential Fallout Of ‘Heartbleed’ OpenSSL Flaw
April 11, 2014

Well, it might not constitute breach news per se – or it doesn’t yet anyway– but the announcement this week that two-thirds of all online websites for the past two years had been vulnerable certainly was. The security flaw, dubbed Heartbleed,” had made openly available...

B2B Payments
ACH Volume On The Rise
April 10, 2014

In 2013, ACH volume grew to almost 22 billion electronic payments, an increase of 4% over 2012 volume. A total of $38.7 trillion supporting consumer, business and government payments was transferred over the ACH Network in 2013, almost a 5% increase since 2012. Get the...

B2B Payments
Apartment Hunting Becomes a Bit More Bearable
April 10, 2014

The Public Record Source, LLC, a twenty year veteran of the public record research experience,  launched a cloud based screening platform, AccuRental. The platform was created to include a tenant screening web application that would change the rental property industry with new cloud-technologies. Get the...

News
Court Dismisses 3 Card Issuers From Decade-Old Arbitration Case
April 10, 2014

A U.S. District Court judge on April 10 dismissed litigation accusing three leading card issuers of colluding to require cardholders to enter into arbitration to settle disputes instead of class-action litigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

China UnionPay Now Has World’s Most-Used Debit Card
April 10, 2014

Chinas UnionPay now has the world’s top-used debit card, having taken the honor last year away from long-time leader Visa, according to the Nilson Report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...