Bitcoin’s economics are inherently flawed and it isn’t mature enough for mass adoption, according to Greg Baxter, Citi’s head of digital strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A war of words between the Chinese commerce ministry and Alibaba may now be cooling down after several days of heated rhetoric that has seen accusations, threats and personal attacks, after a government report last week criticized Alibaba’s Taobao, China’s largest online marketplace, for the...
Congressional lawmakers from both parties said they were optimistic that they can pass federal data-breach notification legislation after a hearing on Tuesday (Jam. 27), The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The payments world was literally sitting on pins and needles waiting for the Fed to disclose more specifics on its 18-month study about how to deliver “faster payments” here in the U.S. This anxiety was created after the Fed floated its preliminary report last year...
Bitcoin services provider Coinbase launched a U.S. exchange on Monday that is already approved by regulators in 24 jurisdictions, including California and New York, the company said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Merchant Advisory Group has uncovered a serious imbalance between what debit card issuers and merchants are paying per transaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Wells Fargo wagon is a-comin’ down the street…and the Consumer Financial Protection Bureau expects it to contain $24 million, just for them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A month after U.S. President Obama announced that the U.S. would ease up on restrictions on Cuba trade and travel, MasterCard announced today that it is removing the current block on U.S.-issued card transactions in Cuba, starting on March 1 of this year. The action...
While the clock is ticking down toward the October 2015 EMV liability shift, an increasing number of analysts are questioning whether the majority of U.S. merchants will convert by that deadline, or at all. Get the Full Story Complete the form to unlock this article...
