News

News
eCommerce Sites Warn Sellers About the Heartbleed Bug
April 11, 2014

This week the Heartbleed bug was made public and many sites like eBay; Etsy and PayPal are giving advice to merchants who are worried. “Merchants need to own and solve the issue themselves,” Z-Firm’s Rafael Zimberoff said. He also gives advice for sellers who operate...

News
Telefonica to Launch Yaap Money with CaixaBank and Santander
April 11, 2014

Last year Telefonica announced that were going to partner with CaixaBank and Santander. Now the company says that they will be launching the money transfer service within the next few months, according to Mobile World Live. The program will offer two services; one will be...

Another Week Of Rough Waters For Bitcoin
April 11, 2014

Deck: Spring just doesn’t seem to have spring just yet for the Bitcoin market, despite the plethora of news around Bitcoin. Innovators continue to be hopeful and a new Bitcoin debit card has come to market, but news from Australia and China has tempered the...

News
Alipay Plans to Invest in Mobile Payment Security
April 11, 2014

Alipay, the payment unit of Chinese e-commerce firm Alibaba Group, plans to invest CNY 40 million in order to create an online payment security investment fund, according to Telecompaper. The fund will focus on mobile payments and created with other companies. The company believes that...

News
Amazon And PayPal Users Accounts Unaffected By Heartbleed Bug
April 11, 2014

PayPal also posted a blog advising users that there was no need to take additional action or change passwords. “While we always advise our customers to be cautious and aware of the security of their personal and financial information, in this case we want to...

Bitcoin Could Be Labeled ‘Currency’ Not ‘Property’ if Bill Passes
April 11, 2014

In March the Internal Revenue Service (IRS) ruled that Bitcoin would be taxed as property and not currency. In many ways this defeated the purpose of recognizing the cryptocurrency as a medium. Now the Crypto Crimson is reporting that Rep. Steve Stockman (R-Texas) is proposing...

Payments Industry Awaits Potential Fallout Of ‘Heartbleed’ OpenSSL Flaw
April 11, 2014

Well, it might not constitute breach news per se – or it doesn’t yet anyway– but the announcement this week that two-thirds of all online websites for the past two years had been vulnerable certainly was. The security flaw, dubbed Heartbleed,” had made openly available...

B2B Payments
ACH Volume On The Rise
April 10, 2014

In 2013, ACH volume grew to almost 22 billion electronic payments, an increase of 4% over 2012 volume. A total of $38.7 trillion supporting consumer, business and government payments was transferred over the ACH Network in 2013, almost a 5% increase since 2012. Jan Estep,...

B2B Payments
Apartment Hunting Becomes a Bit More Bearable
April 10, 2014

The Public Record Source, LLC, a twenty year veteran of the public record research experience,  launched a cloud based screening platform, AccuRental. The platform was created to include a tenant screening web application that would change the rental property industry with new cloud-technologies. Serving as...