Regulation

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...

Mobile Commerce
What Goes Down, Did Come Up
April 18, 2014

What a wild week! Bitcoin started at $402, went as high as $543 and ended at $486 at 6:30 am EST. It was 22 times more volatile than the dollar over the past 30 days. Jeff Bezos said "no" but a Texas AG said yes....

Coinfloor Becomes First Publicly Auditable Bitcoin Exchange
April 17, 2014

Users will be able to validate the company’s records and compare them to the bitcoin ledger.

International
CFPB Rule Change Will Keep Remittance Transfers Functional Worldwide Past July 2014
April 16, 2014

The Consumer Financial Protection Bureau (CFPB) has proposed changes to its international money transfer regulation that require transfer providers, such as banks and credit unions,  to report certain fees upfront.  They also must report exactly on exchange rates. Yesterday,the CFPB proposed and extension of an...