Wednesday , September 18, 2024

Search Results for: blockchain

8th Annual Field Guide to Alternative Payments

Our list this year showcases some of the most interesting innovation going on in payments. As we put together this year’s Guide, we were struck by the sheer breadth of innovation the 37 entries that made this year’s list represent. Yes, much of this technology has to do with mobile …

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For Startups, Funding Deals Aplenty, But Smaller Checks

Financing activity for startups in the payments business continued at a hectic pace over the past six months—but the total dollars invested fell through the floor. There were 75 funding deals in the first quarter totaling $396 million, according to the latest data from CB Insights, a New York City-based …

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New Payments Pros And Cons

At the Bank Administration Institute’s recent Payments Connect conference in San Diego, Dominic Venturo of U.S. Bank, Mateo Rizzi of Omidyar Network, and Beth Costa from Oliver Wyman mostly concluded that new payments companies, while raising a challenge, do not seem to be on a roll to take over the …

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Cardtronics ATM Use Increases and other Digital Transactions News briefs

• The Federal Trade Commission is investigating PayPal Holdings Inc.’s popular Venmo mobile person-to-person payments service for possible “deceptive or unfair practices,” PayPal reported in a regulatory filing. PayPal said it received a so-called civil investigative demand March 28 from the FTC for documents and answers to written questions about …

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For Payments Newbies, Funding Deals Remain Plentiful But Checks Get Smaller

Funding activity for startups in the payments business continued at a hectic pace over the past six months—but the total dollars invested fell through the floor. There were 75 funding deals in the first quarter totaling $396 million, according to the latest data from CB Insights, a New York City-based …

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With an Improved Price Performance, Bitcoin Faces a Debate Over How to Grow

The Dow Jones Industrial Average has skidded about 8% since the end of 2015, putting a scare in investors and prompting talk of everything from a market correction to another recession. Unnoticed, however, is that the price of the digital currency Bitcoin has followed an almost identical path, dropping approximately …

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What’s Ahead in 2016?

What do industry leaders foresee for 2016? Many feel the number of announcements will level off, but there will be a few big, even game-changing, ones. Drew Luca, a partner at PwC, feels we will see mobile-payments companies undergoing the industry consolidation and interoperability that is necessary to fulfill the …

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Bitcoin Value Rallies As the Digital Currency Closes out a Promising Year

By John Stewart The Bitcoin digital currency is surging again. Factors ranging from the collapse of the Chinese yuan to the supposed unmasking of Bitcoin’s inventor have helped push the controversial currency’s price up 15% in the past week, to a close at $415.25 on Thursday, according to data compiled …

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After a Year in the Dumps, Bitcoin’s Price Stages a Rally As Usage Steadily Climbs

After languishing in the $200s most of the year, the price of the Bitcoin digital currency rallied this week, briefly flirting with the $500 level on some exchanges before settling in the high $300s by Friday morning. At the same time, Bitcoin usage, though still relatively rare, is steadily rising. …

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Eye on Bitcoin: Ingenico’s Bitcoin-Accepting Terminal; Feds Set Final Silk Road Auction

Point-of-sale terminal maker Ingenico Group has teamed up with Bitcoin merchant acquirer BitPay Inc. to retrofit a traditional POS terminal for Bitcoin acceptance in stores. And the U.S. Marshals Service is planning to auction off the last of the Bitcoin that the FBI seized in 2013 when it busted Ross …

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Digital Transactions