Bitcoin Foundation Says Currency's Anonymity a Myth
6/18/2013
During a recent daylong conference sponsored by Thomson Reuters and the International Centre for Missing and Exploited Children, Gavin Andresen, Bitcoin’s lead developer, and Patrick Murck, Bitcoin Foundation general counsel, addressed one of the chief criticisms of the digital currency,...
UK Payments Council Outlines New Payments Roadmap
6/18/2013
As the British government continues its 2013 push to increase competitiveness in the payments industry, the UK Payments Council just published its ‘payments roadmap’ which sets forth recommended targets with the eventual goal of a shared payments infrastructure in the...
PayPal Offers Transaction-Fee Waivers to Merchants
6/18/2013
PayPal has announced that, beginning July 10, it will waive transaction fees for up to $20,000 of transactions each month for merchants employing a tablet based POS solution from either ShopKeep POS or Vend, two of PayPal’s partners. PayPal is...
Apple's iCloud Keychain Presents a Potential PCI Issue
6/17/2013
During Apple’s recent Worldwide Developers Conference, Apple didn’t reveal Near Field Communication capability on its next iPhone version, but it did announce something seemingly similar to a digital wallet, with a password manager to boot.The iCloud Keychain Apple announced is...
Starbucks Adds Contactless Payments in the UK
6/17/2013
Starbucks Monday announced it is the latest major merchant in the United Kingdom to begin a widespread deployment of contactless terminals in its stores, which follows Marks and Spencer (M&S), the Co Op and Boots. Working with Barclaycard Global Payment...
Is MCX What Consumers Want?
6/13/2013
Is the noise around mobile wallets drowning out the eventual winner? That’s the position this writer takes in presenting the Merchant Customer Exchange as the dark horse in the mobile wallet race. MCX is the retailer payment network strategy being...
Chirpify Nixes PayPal Requirement
6/12/2013
Chirpify, a social commerce startup that enables participants to pay using a Twitter tweet, Instagram hashtag comment or Facebook reply, is removing the requirement that users tie their account to PayPal, thus alleviating the need for them to pay both...