18-Year-Old Reports $1 Million Bitcoin Theft From ‘Bank’ He Controlled — And Says He Can’t Call The Cops
Jim Edwards, businessinsider.comAn 18-year-old Australian says that he has had $1 million in Bitcoin stolen from the Bitcoin “bank” he was running, but he cannot go to the police because he worries that giving authorities the keys to investigate the case is the same …
As Mobile Payments Should Be
chimpchange.meChimpChange is an app based, web integrated mobile payments start-up looking to improve the way the younger generation move money between each other.
Square launches Cash, a peer-to-peer payments service that’s incredibly simple to use
Kevin Fitchard, gigaom.comSquare officially took the wraps off its planned peer-to-peer payments service Square Cash today, and the results are quite impressive — it isn’t just creating a PayPal clone. It’s streamlined the transaction to a bare minimum of two…
Hired Raises $15M Series A At Valuation Around $60M
Billy Gallagher, techcrunch.comHired, a startup aiming to make hiring employees and finding a job easier and more efficient, has raised a $15 million Series A round led by Crosslink and Sierra Ventures with participation from SoftTech and Sherpa Ventures.…
Your startup might be your baby, but your employees aren’t
Lauren Lee Anderson, thenextweb.comRunning a company can often feel like caring for a newborn child. There is a natural and healthy fear that arises that if you are not eternally vigilant then something bad will happen.
With a baby, this is called good parenting.…
Oink helps parents monitor and control their kid’s in-app purchases
Emily Price, engadget.comA 13-year-old with access to his parent’s iTunes account can potentially rack up a sizable bill in an afternoon of Candy Crush — a tab mom might potentially refuse to pay because she didn’t authorize the purchase. Payments compa…
The 39 Most Valuable Startups In The World
Megan Rose Dickey, businessinsider.comVenture capitalists and investors are continuing to pour money into startups.
Earlier this year, the Wall Street Journal released a report of more than 30 startups from the U.S., China, and Europe that are valued at $1 billion or…
Mobile Workforce Startup Gigwalk Pivots, Raises $10M From Nokia And Others
Leena Rao, techcrunch.comExclusive: Gigwalk, a mobile app that allows consumer packaged goods (CPG) companies to enable a mobile workforce, has raised $10 million from Nokia Growth Partners (NGP), new investor Randstad Holding NV and existing investors…
Brand Advocacy Startup Crowdtap Raises Another $5M
Anthony Ha, techcrunch.comCrowdtap, a startup that connects brands with consumers to spur the creation of promotional social media content, is announcing that it has raised $5 million in Series B funding.
The company announced its $7 million Series A back …
Anti-Social Networking App Helps You Avoid Friends You Don’t Like
Karissa Bell, mashable.comA new app claims to be the social network for the anti-social.
While most social media apps focus on helping you get closer to your friends, Cloak uses location data to make it easier for you to avoid your connections.
The app pulls in…
Russian Search Giant Yandex Acquires Low-Power Mobile Geolocation Startup KitLocate
Natasha Lomas, techcrunch.comRussia’s search giant Yandex, which is increasingly rolling into new areas as a way to continue expanding its business, has made a small acquisition — to the tune of “several million euros” — focused on mobile location services. It’…
Dropbox Acquires Zulip, A Stealthy Workplace Chat Solution Still In Private Beta
Sarah Perez, techcrunch.comDropbox has quietly acquired Zulip, the makers of a workplace chat solution for desktop and mobile, which had yet to publicly launch. Though still in private beta at the time of the acquisition, Zulip had already developed a suite of…
Dogecoin Foundation is raising 40,000,000 DOGE for clean water in Kenya
doge4water.orgdoge4water is a community driven project to help make a real world impact using the virtual currency called Dogecoin. Our user base of 70,000 redditors and 20-30,000 other users help to tur …
Apple has all the ingredients to cook up a massive mobile payment system, Morgan Stanley says
Richard Byrne Reilly, venturebeat.comApple may be gearing up to build its own proprietary mobile payment system.
That’s according to a study titled “Mobile Payments — Blue Paper Revisit, EMV in Focus” from Morgan Stanley’s Research group in Europe. The study was obtained …
Facebook Can Now Track Your Precise Location Continuously Through Your Phone
Jim Edwards, businessinsider.comToday, Facebook launches a new function for its Android and iPhone apps called “Nearby Friends,” which allows users to track each others’ locations continuously down to the nearest half mile or — if you choose — as near to your precise…
A nova moeda do Bradesco e Banco do Brasil para o mercado de pagamentos
istoedinheiro.com.brUma semana após o Santander anunciar a compra da totalidade da GetNet e ter movimentado o setor de meios de pagamento, a concorrência não deixou barato. O Bradesco e o Banco do Brasil, em parceria com a Cielo, lançaram, nesta quarta-feira 16, a…
Bancos acirram a concorrência no mercado de pagamentos online
istoedinheiro.com.brA criação da Stelo, empresa de pagamentos online que reúne Bradesco, Banco do Brasil e Cielo, marca a entrada dos bancos brasileiros nessa que é uma das áreas mais promissoras da internet. Esses três gigantes do mercado financeiro vão enfrentar um…
Guest Author, dynamicbusiness.com.au
Only a few years ago, you would have most likely paid for your morning coffee with cash. And why not? Who would pull out a card, swipe, wait for it to be processed and sign a receipt when they could just use a $5 note?Fortunately, the coffe…
London buses will go cashless on 6 July
Kashmira Gander, independent.co.ukTfL made the announcement after it held a consulation on the idea last year
From 6 July it will no longer be possible to hop on a London bus and pay with cash, the capital’s transport body has co …
Amy Rosen, forbes.com
With world markets growing and technology and travel pulling us all closer together in an economic patchwork, too many people are sitting on the sidelines, idle. Most often, those on the sidelines are young people, women and…
Mobile payment service prepares to launch
Yorkshire Post
Similar mobile payment services already exist, but the Payments Council, which is overseeing the initiative, says this is the first …
Will Apple’s first maneuver in mobile payment checkmate competitors?
Daniela, mediabuzz.com.sgNo other company is as closely examined and observed as Apple. With all eyes on each move it takes, there is certainly room for all kinds of rumors and speculation that fuel again news and im …
Mobile Payment Systems | Edmonton Business Community, Startups & Entrepreneurs
Alpana Mandal, b2bconnectedmonton.comDesktops are already dying a brutal death at the hands of hand held devices and looks like laptops are next. The banking space has evolved from traditional banking practices to net banking a …
O Facebook se prepara para oferecer serviços financeiros aos usuários da rede social, de acordo com o jornal Financial Times. A rede social mais popular do mundo aguarda a aprovação do Banco Central da Irlanda para lançar uma ferramenta que permit…
NOVA YORK, 14 Abr (Reuters) - O proeminente empresário de Bitcoin Charlie Shrem foi indiciado por um júri federal em Nova York acusado de lavagem de dinheiro para o site ilícito Silk Road.
Shrem, conhecido como um dos…
Facebook prestes a se tornar um PayPal?
Kaluan Bernardo, ig.com.brO Facebook estaria trabalhando para lançar um serviço onde os usuários podem armazenar e transferir dinheiro entre si. A informação é do Financial Times, que diz que a rede social está próxima de conquistar aprovação na Irlanda, onde várias das…
Estudo: Brasileiros compraram 68 smartphones por minuto em 2013
MJ, techguru.com.brUm estudo divulgado pela consultoria IDC mostra que, em 2013, os brasileiros compraram 68 smartphones a cada minuto! No ano passado, esses modelos inteligentes superaram pela primeira vez os aparelhos simples (chamados feature phones): 35,6 milhõe…
Michael E, mobilemarketingwatch.com
But the larger enterprises predominantly use Windows for the POS; and thus, Microsoft Windows 8 and also more ruggedized devices have a much greater opportunity against Apple as the devices are adopted across hundreds or thousands of stores and mu…
Staff Writer, mybroadband.co.za
Absa has officially launched its long-awaited Payment Pebble, bringing its mobile payments offering to merchant-held smartphones and tablets.
The fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
Mobile is lead driver for changes in payments technology
mobilepaymentstoday.comBy the Electronic Transactions Association Staff According to the recent IMRG Capgemini Quarterly Benchmarking Study, a third (32 percent) of all online sales were made over mobile devices between …
Read more…
Payment Technology: If it Ain’t Broke… Start an Entire Industry to Fix it.
Michael Boland, streetfightmag.comMobile payments is an exciting area of cultural and technological disruption, and at the same time a solution in search of a problem. Somewhere in all the excitement, we seem to have forgotten that paying for things with cash or credit card ain’t…
judoPayments, judopay.com
Mobile Payments Today recently released this infographic to show how mobile payments are being applied today. Consumers are already embracing the technology and want to make it a part of the …
A inadimplência do consumidor no Brasil subiu 4,2% em março ante fevereiro, ainda influenciada pelo acúmulo de contas do primeiro trimestre, informou a Serasa Experian nesta quinta-feira. Já na comparação com março de 2013, o índice recuou 1,8%, a…
Guest Author, dynamicbusiness.com.au
Only a few years ago, you would have most likely paid for your morning coffee with cash. And why not? Who would pull out a card, swipe, wait for it to be processed and sign a receipt when they could just use a $5 note?Fortunately, the coffe…
Santander compra Getnet por R$ 1 bilhão
meioemensagem.com.brO Santander Brasil anunciou, nessa segunda-feira 7, um acordo de compra da GetNet, companhia de processamento e adquirência, que faz transações com cartões de crédito e débito, por R$ 1,1 bilhão. Ambas as empresas já eram parceiras desde 2010, por…
Estudo: Brasileiros compraram 68 smartphones por minuto em 2013
MJ, techguru.com.brUm estudo divulgado pela consultoria IDC mostra que, em 2013, os brasileiros compraram 68 smartphones a cada minuto! No ano passado, esses modelos inteligentes superaram pela primeira vez os aparelhos simples (chamados feature phones): 35,6 milhõe…
Staff Writer, mybroadband.co.za
Absa has officially launched its long-awaited Payment Pebble, bringing its mobile payments offering to merchant-held smartphones and tablets.
Payment Technology: If it Ain’t Broke… Start an Entire Industry to Fix it.
Michael Boland, streetfightmag.comMobile payments is an exciting area of cultural and technological disruption, and at the same time a solution in search of a problem. Somewhere in all the excitement, we seem to have forgotten that paying for things with cash or credit card ain’t…
judoPayments, judopay.com
Mobile Payments Today recently released this infographic to show how mobile payments are being applied today. Consumers are already embracing the technology and want to make it a part of the …
Michael E, mobilemarketingwatch.com
But the larger enterprises predominantly use Windows for the POS; and thus, Microsoft Windows 8 and also more ruggedized devices have a much greater opportunity against Apple as the devices are adopted across hundreds or thousands of stores and mu…
Mobile is lead driver for changes in payments technology
mobilepaymentstoday.comBy the Electronic Transactions Association Staff According to the recent IMRG Capgemini Quarterly Benchmarking Study, a third (32 percent) of all online sales were made over mobile devices between …
Read more…
The fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
Oito tendências que o mercado de pagamentos projeta para 2014 no Brasil
Convidado, ig.com.brPor Max Ciqueira*O mercado brasileiro de cartões de crédito e débito mais uma vez obteve resultados expressivos em 2013. De acordo com a Associação Brasileira de Empresas de Cartão de Crédito e Serviços (Abecs), o movimento financeiro deve…
Skype lança cartões pré-pagos no Brasil por R$ 27,00
MJ, techguru.com.brO Skype lançou hoje no Brasil cartões pré-pagos para o serviço. Os cartões Skype serão vendidos inicialmente em redes de varejo nacionais, incluindo a Livraria Saraiva, a Livraria Cultura e a rede de lojas de vídeo 100% Vídeo. O preço foi fixado e…
A MtGox anunciou ter descoberto uma carteira virtual antiga com 200 mil Bitcoins, o equivalente a cerca de US$ 116 milhões. O valor ainda está bem distante do quase meio bilhão de dólares que a empresa diz ter perdido num golpe, mas já é alguma…
Mobile wallets will have replaced their leather counterparts in Australia by 2021, research commissioned by CommBank suggests.
Marc Andreessen Is Going To Invest ‘Hundreds Of Millions’ More Dollars In Bitcoin
Rob Wile, businessinsider.comThe Wall Street Journal’s Gregory Zuckerman reports Andreessen Horowitz plans to invest “hundreds of millions” more dollars in Bitcoin-related businesses, on top of the $50 million they have already dropped, mostly on…
Bitcoin exchange Vircurex freezes withdrawals, hoping for fresh influx of customers
David Meyer, gigaom.comVircurex, a Beijing-based altcoin exchange, has frozen withdrawals after, you guessed it, thieving hackers made off with its bitcoins, litecoins, terracoins and feathercoins. The exchange is pretty small, but its strategy for dealin…
China’s trillion dollar mobile payments industry is under attack
Lily Kuo, qz.comThings aren’t looking great for Chinese firms working in the world of mobile payments. The fast-growing trillion dollar industry—which includes online investment funds, virtual credit cards, and e-commerce–is facing new pressure from…
Indonesian villa sold for $600,000 worth of Bitcoins
telegraph.co.ukA villa on the Indonesian island of Bali has been sold for roughly $600,000 worth of Bitcoins
An anonymous buyer from Texas, US, has bought a villa in Bali for an estimated 1,000 Bitcoin, the equivalent of approximately…
Alibaba rejects claim online payment system is illegal
smartbrief.comChina’s Alipay, a fast, online payment service run by Alibaba Group Holding, denied an accusation by Industrial and Commercial Bank of China that its service is illegal because it doesn’ …
Arnie Cho, datamonitorfinancial.com
Australian banks are being threatened by smaller companies that are entering the market with innovative payment acquiring solutions like mPOS. Although the uptake for such services remains small, Commonwealth Bank Australia is already investing to…
Sam Volkering, moneymorning.com.au
This weekend I caught a bus.I also caught a taxi and a train.I walked for a bit too.Now this might sound pretty normal, because it is. But while using the various modes of transport I took a moment to realise the importance of…
Reducing Crime by Removing Cash from the Streets Through EBT
Richard Wright, mastercard.comRichard Wright is Curators’ Professor of Criminology and Criminal Justice at the University of Missouri-St.LouisRecently, our research team – made up of criminologists and economists – released a study that we believe helps to explai…
In Egypt, high hopes for mobile wallets
By Erik Heinrich, cnn.comNorth Africa and the Middle East have been sluggish to join the mobile money revolution, a movement that is transforming economies and delivering financial inclusion to the unbanked across the developing world.
That’s particular…
First There Was Cash-for-Assets – Could WFP’s New E-Payments Model be Scaled Up Too?
FH_admin, betterthancash.orgKenya has been hailed as one of the developing world’s leaders in electronic payments. So it should come as no surprise that a sparsely populated, dusty village 500 kilometres from Nairobi is home to a pilot project testing whether an electronic…
Banrisul entra de vez na briga das maquininhas
istoedinheiro.com.brHá um ano, a divisão de cartões do gaúcho Banrisul, presidida por Bolívar Moura Neto, lançou uma rede de adquirência em seu estado natal que movimentou R$ 10 bilhões, em 2013. De olho no potencial desse mercado em todo o País, o banco redesenhou a…
Big Names Crowd The Mobile-Payment Market – But Only One Will Become The Industry Standard
Reuters, businessinsider.comBERLIN (Reuters) - Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
Stores…
