Thursday , September 29, 2022

Bitcoin Futures Market Planned and other Digital Transactions News briefs from 11/1/17

  • Mobile point-of-sale provider CardFlight said payment processor Beyond will offer CardFlight’s SwipeSimple device to merchants. The technology enables EMV chip card transactions from a mobile device.
  • CME Group, a major derivatives marketplace, announced plans to launch a futures market for Bitcoin before the end of the year, pending regulatory review.
  • On the news of the planned CME futures contract, the price of Bitcoin hit a new all-time high Wednesday morning, breaching the $6,500 level, according to Coindesk.
  • Processor Fiserv Inc. reported that third-quarter adjusted payments revenue increased 4.6% to $733 million from $701 million a year earlier.
  • Appetize Technologies, which supplies point-of-sale systems for restaurants, said it has doubled its headcount to 200 since receiving a “capital infusion” from Shamrock Capital last year. The company also plans to move into a new 17,000-square-foot headquarters.
  • Glance Technologies Inc. announced it will create a cryptocurrency that consumers can earn each time they pay with the Glance Pay mobile-payment app.
  • Juniper Research said mobile and wearable ticket purchases worldwide will exceed 14 billion transactions by 2018, accounting for 54% of total digital ticket sales in the transport and event segments.
  • Mercator Advisory Group released its “Mobile is Coming in Commercial Payments” report.
  • Louise M. Parent, who was executive vice president and general counsel at American Express Co. until her retirement in 2013, has joined the board of directors of Fidelity National Information Services Inc. (FIS).

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