For all the talk about merchant adoption and wallet creation, Bitcoin hasn’t found a consumer market—and probably won’t, says Nathalie Reinelt. Bitcoin isn’t really disrupting anything until it starts pulling large volumes of assets away from traditional financial institutions. That’s not likely to happen any time soon. Only days into …

Traffic on the automated clearing house network continues to climb at a steady clip as financial institutions and other users of the system mull over a proposal to speed up payments from next-day to same-day settlement. In the quarter ended Sept. 30, the latest period for which data are available, …

Traffic on the automated clearing house network continues to climb at a steady clip as financial institutions and other users of the system mull over a proposal to speed up payments from next-day to same-day settlement. In the quarter ended Sept. 30, overall volume on the ACH grew 4.15% year …

Cover Story By John Stewart Putting the Silk Road and Mt. Gox disasters behind it, the Bitcoin train is picking up speed. But what’s the real destination? If you want to get an idea of how far Bitcoin has come, take a look at what people are buying with it. At …

Since 2012, investors have poured $407 million into Bitcoin startups, with three-quarters of that sum flowing into the cryptocurrency just this year, according to figures compiled by CoinDesk, a Bitcoin newsletter. But now at least one expert is expressing doubts that these investors will see much of a return—if any—on …

Non-bank acquirers are increasingly looking to foreign markets for growth and profits. Some are thriving, but others would be better advised to stay home. The North American acquiring market may have been more challenging at one time or another than it is these days, but if so few independent sales …

Enthusiasts are betting Bitcoin ATMs will be the next step in taking the digital currency from monetary curiosity to mainstream acceptance. Since the first Bitcoins were mined in 2008, evangelists for the fledgling digital currency have dreamed of making Bitcoin as ubiquitous as dollar bills. To say the least, the …

Zooz Mobile Ltd. is preparing to launch in September a transaction-routing engine that will let so-called omnichannel merchants run payments for e-commerce, mobile commerce, and in-store commerce through a single pipe. The engine, tentatively called the Omnichannel Generator, will seek out the optimal path for each transaction, allowing merchants to …

PayPal Inc. enjoyed a solid quarter of growth despite what eBay Inc. chief executive John Donahoe characterized Wednesday as a “challenging” first half. One of the biggest of these challenges, according to Donahoe, was a data breach that occurred in late February or early March and that led PayPal parent …

Payment-gateway services provider Digital River Inc. announced Monday that it is adding Bitcoin as a payment option for its small and mid-sized U.S. e-commerce merchants. The Minnetonka, Minn.-based firm thus apparently becomes the first U.S.-based gateway to support the leading virtual currency. n “Bitcoin continues to attract more mainstream attention,” …