Wednesday , August 5, 2026

Digital Currency

First American Payment Systems in Apptizer Integration and other Digital Transactions News briefs from 3/14/18

Payments provider First American Payment Systems said its payment-processing services are now available to merchants using the Apptizer Order Ahead Mobile App from developer Apptizer Inc. ATM deployer Payment Alliance International said it and multicurrency payment processor Planet Payment Inc. extended a multiyear contract for dynamic currency conversion at PAI’s …

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Veem Now Offers Working Capital and other Digital Transactions News briefs from 3/9/18

Cross-border payments provider Veem announced it now offers working capital to merchants through a deal with merchant-financier BlueVine. Payments provider Bluefin Payment Systems LLC said its services will be available to users of practice-management software from Rev360 that is designed for use in eye-care practices. Payments provider Century Business Solutions …

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The Bancorp Bank Settles With the FDIC and other Digital Transactions News briefs from 3/8/18

Mobile-payment and -loyalty provider LevelUp announced an integration with Gusto Point of Sale, a vendor of Web, kiosk, and mobile technology for restaurants. Under a settlement between the Federal Deposit Insurance Corp. and The Bancorp Bank, the prepaid card issuer is to pay a $2 million fine and nearly $1.3 …

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A Trio of States Are Now Looking at Cryptocurrency for Tax Payments

Bitcoin as a payment method may have its critics, but apparently some state governments looking for new ways to collect taxes aren’t too concerned. Illinois is now the third state to introduce legislation that would clear the way for citizens to pay their obligations with cryptocurrency, joining Arizona and Georgia. …

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PayPal Anticipated Cryptocurrency Processing Slowdowns a Year Before They Became a Problem

The cryptocurrency world often gets feverish upon news that an established power in payments or financial services has turned its attention to matters of Bitcoin or its cohorts. Such was the case Monday when reports surfaced that PayPal Holdings Inc. had applied for a patent for a so-called “expedited virtual …

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SignaPay Announces New Products and other Digital Transactions News briefs from 3/1/18

Point-of-sale equipment maker Ingenico Group announced a PIN-on-glass product suite that includes a secure card reader and a back-end verification service. Payments provider SignaPay Ltd. announced two new products, the PayHub Plus Payment Gateway and the PayLo Mynt POS System, which offers a variety of customized point-of-sale software packages. In …

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With a Fleetcor Pilot, Ripple Gains More Momentum As the SEC Shines a Spotlight on ICOs

Interest among mainstream financial institutions and payments providers in the potential for cryptocurrency is heating up just as the top U.S. financial regulator is reportedly eyeing a crackdown on so-called initial coin offerings, or token sales used by digital-currency startups to raise capital. In the latest sign that processors and …

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Square Claims $1 Billion in Annual Volume on Its Cash Card

Square Inc. on Tuesday pulled back the curtain, at least a little bit, on its Cash App and the related Cash Card, a Visa-branded debit card. The app has 7 million active users, and cardholders spent $90 million using the card in December, good for annualized volume of $1 billion, …

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WEX Notes Transactions Growth and other Digital Transactions News briefs from 2/21/18

ATM network owner and operator Cardtronics plc said fourth-quarter 2017 ATM operating revenues rose 18% year-over-year to $346.2 million, but net income declined 36% to $16 million. The company also said more than 100 financial institutions and 6 million cards were added to its Allpoint surcharge-free network in 2017. Fleet-fueling …

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Bitcoin’s Price Rebounds Past $11K As Its User Fees Slide to Lowest Level in Five Months

Capping an eventful week for cryptocurrencies, Bitcoin is now trading above $11,000 for the first time in three weeks. Even more important, the fees its users must pay when they spend Bitcoin—which had soared into the stratosphere in recent months— have crashed back to earth, according to data available Monday …

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Digital Transactions