Regulation

Cool
Tax Returns, Confused Consumers Credit Card Fraud…And Other Friday Factoids
April 25, 2014

Do you know … How many billions of dollars will be lost to credit card fraud this year? How many consumers have no idea what NFC is or what it’s for? Or how many tax returns the IRS had in by tax day on April...

Merchant Innovation
Bitcoin Tracker Week 21
April 25, 2014

Bitcoin traded in the in a fifty dollar range going from as low as about $450 and as high as $506, ending at $464 at about 7am EST on Friday. Our volatility index shows Bitcoin at a whopping 29 times more volatile than the euro....

Company Spotlight
Risk Management Patent Assigned to MasterCard International
April 25, 2014

A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...

Mobile Commerce
Massachusetts Bill Would Require Added ATM Security Measures
April 24, 2014

A state lawmaker in Massachusetts reportedly has introduced a bill that would require banks to install added security measures at their ATMs, and representatives for both the ATM and banking industries are fighting it.   Reacting to acts of violence occurring near ATMs, the lawmaker,...

Merchant Innovation
Beacondo Plans to Simplify iBeacon Integration for Mobile Apps
April 24, 2014

Beacondo is free for anyone to use and will provide a simpler way to create iBeacon-supported apps.

Digital Currency Deep Dive: So What Makes Bitcoin So Special?
April 23, 2014

Remember the day when a coin was just a bothersome piece of metal that you were happy to toss in the tip jar to benefit the underpaid baristas at your local coffee shop? Well, the world has changed and so have coins. Economist David Evans...

Europe
Another Roadblock for Uber in Europe
April 22, 2014

Despite its German-inspired name, ride-sharing service Uber has faced nothing but difficulty launching in Europe. After fizzling in France and inspiring the ire of thousands of cab drivers, Uber has come to another stop sign, this time in Spain. The service, which allows users to...

Alternative Finances
Mt. Gox CEO Focused On Coffee During Corporate Collapse
April 21, 2014

As lawyers, judges and a collection of angry international bitcoin investors try to piece together how exactly  nearly half a billion dollars in bitcoins managed to disappear into thin air from Mt. Gox’s “vaults”, a disturbing picture of the company’s disgraced founder and CEO Mark...

Breach Round Up
The Heartbleed Bug Effects More Than Just Software…
April 19, 2014

The Heartbleed bug remains the biggest story in online security this week as countless organizations nationwide tested to see if they were vulnerable or if they had been victimized. It also came out that Heartbleed not only compromises software but also effects networking hardware. In...