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Bitcoin Daily: Luxembourg Passes Blockchain Bill; Overstock tZERO Volume Sluggish

PYMNTS

Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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Germany’s Deutsche Bank Offers A Lifeline To Wirecard Bank

PYMNTS

On Wednesday (July 1), he told members of the Bundestag, the nation’s Parliament that Wirecard was classified as a technology company, not a financial services provider, which means the company was not under BaFin’s jurisdiction. In commentary on Monday (June 29), PYMNTS compared the Wirecard drama to the Enron Corp.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

Luxembourg had already passed a bill to legally issue “dematerialized securities” in April 2013 through an amendment to a 2001 securities law.

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Solve This Problem with Your Strategic Horizon

South State Correspondent

In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground. Demographics shift, products change and technology drives channel preferences. By 2001, Polaroid was out of business.

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Black Swans Are The Sandbox Of New Innovations

PYMNTS

At the time of the black swans in 2001 and 2008, it was hard to tell anything positive was coming out of them. The business model isn’t completely figured out, or the technology to support it isn’t there, or people aren’t ready socially. But when the dotcom bust happened in 2001, our innovations also died.

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Elavon Spends $300M For Sage Pay

PYMNTS

Elavon was acquired by US Bancorp in 2001 for $2.1 This acquisition brings tremendous talent and leading technology to Elavon, which can be leveraged across the European market.”. Last year , the Bank of England (BoE) revamped its payments system and was expected to connect with FinTech firms using distributed ledger technology (DLT).

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Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking

PYMNTS

Volante Technologies Inc. , Volante met our top criteria for an ideal collaborator, modern cloud-native technology, deep payments and transaction banking expertise, and the ability and flexibility to deliver against aggressive deadlines.”. Uday Thakur , Volante’s chief technology officer, said it’s a two-way street.

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