Regulation

News
Bitcoin Processor Takes In Big VC Cash
October 21, 2014

The Bitcoin payments processor that was created by former Visa and Cybersource people, Bitnet, has pulled in $14.5 million in funding, including from a new player on the digital currency scene: Rakuten. Get the Full Story Complete the form to unlock this article and enjoy...

Health Sunshine Act Didn’t Reveal All It Was Supposed To
October 20, 2014

When the Open Payments launched earlier this month, it had the same kinds of small glitches that many major site launches have. But this site, designed solely to shed light on B2B medical payments, skipped some $1.1 billion in transactions, according to a Wall Street...

B2B Payments
What’s Next In Payments?
October 20, 2014

Oh, what a five years it has been! 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 to our daily newsletter, PYMNTS Today. By completing this form, you...

News
Lending Club Chooses NYSE For Its IPO
October 20, 2014

The planet’s largest peer-to-peer lender, Lending Club, has chosen the New York Stock Exchange (NYSE) for its IPO, in a nasty blow to tech-friendly Nasdaq. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Alternative Finances
Georgia Vendors Receive Over $100M In Incorrect Federal Payments
October 16, 2014

The state of Georgia is in some hot water after failing to correctly manage its WIC program—a public assistance federal food initiative that helps provide balanced nutrition for mothers and young children. According to reports, Georgia’s myriad errors in running the statewide WIC program resulted...

Europe
New British Regulator Taking A Close Look At Visa and MasterCard
October 15, 2014

Going forward in the U.K. Visa and Master Card will be directly overseen by the Payment Systems Regulator (PSR). 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...

Karen Webster
Of Nobel Prizes And Payments
October 13, 2014

When explaining the economic “DNA” of Market Platform Dynamics, I always describe it as having its roots in the work of a genius French economist, Jean Tirole a long-time colleague of the two economists who also happen to be our Chairman and Founder, Dick Schmalensee...

Alternative Finances
Simple Bank Is Simply Broken
October 13, 2014

While it is a well accepted idiom that the road to hell is paved with good intentions, the corollary wisdom that the path to simplicity is often paved with cacophonous confusion is often overlooked. That is a shame for the powers that be at Simple,...

Acquiring
Payments By The Numbers
October 11, 2014

Want to be the smartest person in the room on Monday morning? Check out a few of the stats that you may have missed last week about Apple Pay, PayPal and consumer spending. Get the Full Story Complete the form to unlock this article and...