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Search Results for: cryptocurrency

Euronet Transfer Volume up 3% and other Digital Transactions News briefs from 4/29/20

Money-transfer specialist and ATM operator Euronet Worldwide Inc. reported 27.4 million money-transfer transactions in the first quarter of 2020, up 3% from 26.6 million a year ago. Euronet said its ATM count of 42,176 at the end of the quarter is up from 42,034 last year. The company just acquired Dolphin Debit, a …

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Coinqvest Debuts Crypto Processing Service and other Digital Transactions News briefs from 4/21/20

Coinqvest launched its enterprise cryptocurrency processing platform. With it, merchants can be paid online in cryptocurrencies and convert them into traditional currencies.The New York City Department of Transportation announced two apps can be used to pay for parking at more than 80,000 metered spots. In addition to the ParkNYC app, which …

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The Libra Association Modifies Its Basic Plan in Response to Regulatory Concerns

Under pressure for months from governments and regulators worldwide, the Libra cryptocurrency venture has applied for a key payments-system license and changed course on a number of its prime strategies, including setting out new plans for single-currency stablecoins and a stronger compliance regime. FINMA, the Swiss financial regulator, confirmed Thursday …

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Scammers Target Stimulus Money and other Digital Transactions News briefs from 4/6/20

Scammers are calling consumers to gull them into giving up personal financial details as a way of allegedly receiving stimulus money sooner from the CARES Act, warned the Pennsylvania chapter of the American Association of Retired Persons.Prepaid card program manager Paysign Inc. reported its 2019 revenue increased 48% year-over-year to $34.7 million. Net …

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Consumers Warm to Digital Payments and other Digital Transactions News briefs from 4/2/20

Seventy-three percent of U.S. adults say they would be more or much more likely to use digital payments or digital banking services during a time of social distancing, according to a survey of 1,043 persons aged 18 and up by The Harris Poll on behalf of William Mills Agency. The canvass took …

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Another Marriott Data Breach and other Digital Transactions News briefs from 4/1/20

In its second major data breach in two years, hotel giant Marriott International Inc. disclosed a “property system incident” affecting personal information on 5.2 million guests. Fraudsters apparently gained access to Marriott’s systems in mid-January using the login credentials of two employees at a franchised property. Marriott, which said it discovered the …

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Chargeback Gurus Issues Coronavirus Chargeback Guidance and other Digital Transactions News briefs from 3/20/20

Chargeback Gurus released guidance on the potential for chargebacks as consumers and merchants contend with the effects of the coronavirus infection.Email-security firm Armorblox Inc. said it will provide its services free to companies with between 100 and 2,000 employees until April 30 to help guard against social-engineering attacks exploiting the Covid-19 pandemic.A cryptocurrency …

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No Safe Haven: Bitcoin And Other Cryptos Plunge Along With Equities in the Face of the Coronavirus

As stock markets swoon in the face of the novel coronavirus outbreak and its effects, prices for cryptocurrencies like Bitcoin are sliding as well, disproving at least for now the idea that cryptos can serve as a so-called safe haven for investors. Bitcoin, the leading digital currency, was trading at …

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Payments 3.0: Acceptance Is the Key

Creating a new payments form factor is one of the ways the industry likes to add excitement to its innovations for consumer transactions. Whether it’s mobile phones, watches, or (shudder) implantable chips, a new form factor can offer a way to stand out from the competition and build in tools …

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Green Dot Dollar Volume Up and other Digital Transactions News briefs from 2/20/20

Prepaid card and banking services provider Green Dot Corp. reported $10.6 billion in gross dollar volume on its products for the fourth quarter, up 8% year-over-year. Green Dot also announced a multi-year extension of its contract with Apple Inc. for issuing the Apple Cash card.ATM network operator Cardtronics plc said Amazon.com customers can now add cash to …

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Digital Transactions