Attempts to dupe prospective clients into placing their money into fraudulent hands have become complex since the FX industry’s high technology and regulatory environment has…
Posts published in November 2013
Litecoins 2013 = Bitcoins 2011 as Prices Surge Above $40
Known as the silver to bitcoin’s gold, prices of litecoin have been soaring ever since bigger brother bitcoin has started hitting all-time highs. Looking for…
Shopify officially supports Bitcoin transactions
Shopify has officially added support for Bitcoin. Over 75,000 merchants who use Shopify are now able to accept Bitcoin through add-ons provided by . Shopify…
New startup brings Bitcoin purchases to major retailers
It is now possible to purchase products from leading retailers using Bitcoin. A new startup called snapCard has developed a system that will allow customers…
RBS sells remainder of WorldPay
UK based RBS bank said it has sold its remainder of 20% in world leading payment processor, , to Advent International and Bain Capital. In…
Singapore to outlaw online gambling
Singapore is taking a strong stance against internet gaming. Today, Singapore’s Second Minister, S. Iswaran announced that the government will be legislating new laws to…
Magento adds Yapital as payment option for European merchants
Ecommerce platform provider and eBay subsidiary, Magento, will now offer to their merchant base of over 150,000 the ability to add to their supported payment…
Pay-by-App parking service to be offered in more US Cities
Mobile parking application Pango is expanding its reach in the US and is now offering their pay-by-mobile service in Alexandria VA. Pango started in Israel…
Canadian Dollar Drops with Crude Oil
The Canadian dollar dropped today, following the decline of crude oil. The currency was down against the US dollar and the euro, but managed to log gains versus the Japanese yen. Futures for crude oil…
Yen Drops to Multi-Year Lows
The Japanese yen sank today, reaching the lowest level since 2009 against the euro and the weakest rate since 2008 versus the Great Britain pound. The market sentiment was mildly positive, making…