Now that Apple has made a home for bitcoin apps in the app store, a new app – Coin Pocket – is climbing the charts. Since Apple lifted their ban on such apps earlier this month, the app has climbed to the 74th position in...
Taxi drivers from London to Madrid plan to bring traffic to a halt this afternoon, across Europe’s most popular shopping and tourist locations, in protest of Uber, reports Bloomberg. The San Francisco ride-sharing app poses a threat to traditional taxi services globally, as its reach expands to...
In his semi-annual Report to Congress and the President this week, CFPB Director Richard Cordray provided an overview of the bureau’s progress in protecting consumers from financial harm. So far, billions has been put back in consumers’ pockets and a slew of actions against banks...
In a recent blog post, several FTC staffers noted that the changing competitive landscape online commerce is creating is affecting the agency’s examinations for potentially anticompetitive deals. Sometimes, though, the competitive influence of two merging companies still can be determined by looking at only one...
In a war that has been escalating nationally and locally between ride-sharing services like Lyft and Uber that are entering and disrupting local taxi markets, The Commonwealth of Virginia has taken the next big step and formally issuing a letter ordering the services to cease...
In yet another case of crackdown on payday lenders, the Federal Trade Commission (FTC) has won against AMG services for deceiving consumers by imposing hidden charges and inflated fees on loan amounts. Get the Full Story Complete the form to unlock this article and enjoy...
It seems everyone lately is looking to bring bitcoins into the legally controlled mainstream, and now the SEC is getting in on the act. Yesterday, the Securities and Exchange Commission announced charges against bitcoin marketing site FeedZeBirds and the operator of bitcoin betting site SatoshiDice...
Today, Big Data is all the rage, as retailers, banks and others in the payments and commerce ecosystems want to know more about their customers so they may support targeted promotions offering products and services most appropriate for them. Technology also is coming more into...
The neverending battle between merchants and banks and the Federal Reserve over debit-card fees is set to enter its next chapter as the retailers take their case to the Supreme Court. The merchants argue that the Fed allows debit-card fees, which are assessed every time...
