What’s Trending

Ex-Federal Agent Receives Maximum Sentence For Bitcoin Theft
December 08, 2015

Despite the potential surrounding bitcoin, the alternative payment method has been beleaguered by skepticism and ties to illegal goods ever since it first launched in early 2009. And many have become enthralled in the dark web that bitcoin can weave — even those who one would least...

Are Shoppers Spending Less This Holiday Season?
December 08, 2015

As the countdown to Christmas quickly passes by, the jury is still out on this year’s holiday shopping season outshining years past. According to the results of the Vantiv ShopTalk survey, which were released yesterday (Dec. 7), many consumers plan to keep their spending on...

News
Will Crowdfunding Really Attract Crowds?
December 08, 2015

It was and is supposed to be the great “playing field leveler” – crowdfunding for the masses was made possible by the Jumpstart Our Business Startups Act, which was passed three years ago.  With the various permutations of new rules that have finally been agreed...

International
BIS Warnings Auger Ill for Payments
December 07, 2015

News that the Bank for International Settlements has cautioned that financial markets are presently in a state of “uneasy calm” begs the question: Which will win out – the uneasy or the calm? And for our purposes, there’s a corollary to that question depending on...

International
Google Ventures Waves Goodbye To Its European Arm
December 07, 2015

As the New Year quickly approaches, Google’s venture capital arm is taking on a new name and a new focus for its business. As The Financial Times reported Monday (Dec. 7), the VC subsidiary, whose previous investments include companies such as Nest Labs, Uber and...

News
Airbnb Says Data Show NYC Rentals Used Legitimately
December 04, 2015

The data are in, and Airbnb says the results show that in New York City, hosts are on the up and up. As The New York Times reported on Thursday, the short-term rental company released “a trove” of stats in an effort to show that hosts...

Merchant Innovation
Disrupting The ‘New Future Of Shopping’
December 04, 2015

Millennials disrupt traditional shopping patterns by plugging into mobile/social experiences, but are retailers keeping up? A new study from Blackhawk Engagement Solutions digs into how these shoppers research purchases, the devices they use and the influences along their paths to purchase.

Short Sellers Circling Square
December 03, 2015

It’s a truism on Wall Street that when a stock moves up and to the right, sharply, posting strong gains in a brief time — the short sellers begin to salivate. So it is with Square, the payments tech outfit that initially came to market...

Security & Fraud
Investigation Casts Doubt On China’s Role In OPM Hack
December 02, 2015

While China has long been suspected of launching the massive cyberattacks against the U.S. Office of Personnel Management (OPM) earlier this year, a new probe into the breaches shows the culprits may not be affiliated with the country’s government after all. China’s official news agency,...