Regulation

Merchant Innovation
Bitcoin Tracker | Week 25
May 23, 2014

Could bitcoin be settling down? Will the Fed regulate it? Do consumers pay more when they use it? Oh, where can bitcoin now be used that might surprise you? Get caught up in this weeks, bitcoin news.

News
Can The Fed Regulate Bitcoin After All?
May 22, 2014

In February government-nervous crypto-currency enthusiasts were given a boost when Federal Reserve Chair Janet Yellen said that she did not think the Fed could regulate bitcoin. Her reasoning at the time was that given bitcoin’s status as a financial tool that evolved and existed largely...

B2B Payments
HSBC Helping Chinese Firms With Foreign-Currency Management
May 20, 2014

New HSBC service is designed to provide greater convenience and transparency in foreign cash management. An undisclosed German company’s Chinese subsidiary will deliver HSBC’s product to firms within the Shanghai Pilot Free Trade Zone.

B2B Payments
BlueSnap Eases Tax Difficulties For International Merchants with Avalara Integration
May 20, 2014

Going forward, merchants using the BlueSnap global payment gateway will have access to Avalara’s AvaTax capabilities. This will allow merchants to calculate the final tax amounts on international invoices from their existing workflow in an automated way. Get the Full Story Complete the form to...

Commentary
Is the EMV Journey Worth the Price?
May 19, 2014

Several reports surfaced last week that reaffirmed what we’ve all suspected – rolling out EMV in the US is going to be a long slog that will optimistically take 5 years but more likely 10 to complete. That got MPD CEO Karen Webster to thinking,...

Acquiring
Will Visa’s New Acquiring Fees Hurt or Help Aggregators?
May 19, 2014

Visa announced a new fixed acquirer network fee policy recently which will take effect next April. Targeted at aggregators, instead of combining merchants under a single tax ID, aggregators must use individual tax IDs for each merchant. Who’s going to be helped or hurt?

Mobile Commerce
Crowdfunding Site WeFund’s Pornography Problem
May 19, 2014

Eden Alexander is an adult entertainer who through a series of unfortunate events, stemming from an allergic reaction and less than through initial medical attention due to her profession, found herself critically ill, unable to work and facing a mounting pile of medical bills. Luckily,...

Mobile Commerce
Are Walmart Banks Really Ripping Off Consumers?
May 15, 2014

A recent Wall Street Journal report on the short-term loan practices used by many low-income consumers paints an unlikely picture of individuals willing to pay high loan rates for quick cash. Government intervention into bank overdraft-protection policies and payday-lending practices, while for the purpose of...

Alternative Finances
The Alibaba Infographic: Everything You Need to Know
May 14, 2014

How did Alibaba go from its humble roots as an idea cooked up in Jack Ma's apartment in 1999 to potentially the most humongous IPO in history in just 15 years? Very strategically, as it turns out. And, we’ve made it as easy as a...