News
Telegraph - "Braintree, the PayPal-owned online payments processor, is on track to surpass $50bn in transactions made over its platform this year, as competitors grapple to win the lion's share of the burgeoning e-commerce industry."
CoinDesk - "With the ruling, the CFTC has also confirmed that bitcoin and other digital currencies are commodities covered by the Commodity Exchange Act (CEA). In the past, CFTC chairman Timothy Massad had stated that bitcoin was likely to be considered a commodity."
Medium (Matthew Moore) - "We immediately discovered that users in India live in a different payments landscape than most Uber riders around the globe. The difference: 95% of Indians don’t have access to a credit card, and due to local regulations, paying for anything digitally is a cumbersome process."
"TSYS’ new Host Card Emulation (HCE) solution enhances its existing TSYS Enterprise Tokenization solution to empower mobile payment solutions like Android Pay. It allows payment card information to be stored in the cloud and transferred by a tap of the mobile device at the merchant terminal."
Google Commerce Blog - "Today, we’re announcing a new Google Wallet app -- now focused exclusively on sending and receiving money. You can use Google Wallet with your Android or iOS device to send money to anyone in the US with an email address, even if they are not a Wallet user. And now, when you receive money through Google Wallet, you can quickly cash out to a debit card or linked bank account."
"Companies from the banking sector are now capable of offering digital transactions and payments, and have as such completely flattened the payment, banks and telecommunications landscape, leaving them to be reshaped from the ground up."