Users will be able to validate the company’s records and compare them to the bitcoin ledger.
The Consumer Financial Protection Bureau (CFPB) has proposed changes to its international money transfer regulation that require transfer providers, such as banks and credit unions, to report certain fees upfront. They also must report exactly on exchange rates. Get the Full Story Complete the form...
Defunct bitcoin exchange Mt.Gox has reportedly given up its quest to rebuild under bankruptcy protection in its home nation of Japan, and has instead requested permission to liquidate from a Tokyo court. Get the Full Story Complete the form to unlock this article and enjoy...
Canadian Court Certifies Decision from Visa/MasterCard Lawsuit Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
A New York start-up wants to challenge Craigslist and Ebay by encouraging its buyers and sellers to use Bitcoins instead of other payments. Corkket.com wants to reshape local online trading by providing more trustworthy ways for payments and offer full refunds to buyers who change their...
On Thursday, the Justice Department and Federal Trade Commission sent corporate America a policy statement stating that it was OK to share cyber threat information, according to The Business Journals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Trolls aren’t just those so-ugly-they’re-cute creates that live under bridges in fairy tales. Patent trolls hide in the background waiting for the day that an innovator launches something new, besieging them with claims of patent infringement, many of which end up being erroneous. It cost...
Wells Fargo & Co. on April 11 reported a jump in first quarter credit card penetration in its retail banking households, to 38 percent, up from 34.1 percent a year earlier. The issuer also noted a 9 percent jump in its overall average consumer credit...
JPMorgan Chase & Co.’s Card, Merchant Services & Auto unit on April 11 reported a 4 percent drop in net revenue for the first quarter ended March 31, to $4.5 billion. Net income also was down, by 15 percent, to $1.1 billion, driven by lower...
