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Bitcoin Daily: Blockchain Phone ‘Finney’ To Debut In Dec; AriseBank CEO Handed 120-Year Prison Sentence Over $4M Crypto Scam

PYMNTS

According to The Next Web , Jared Rice defrauded investors out of $4 million after he claimed the company would become the “first decentralized banking platform” — offering FDIC -insured accounts and banking services, as well as Visa -branded credit cards and other cryptocurrency services.

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Crypto.Com Adds Social App For Direct Crypto Payments

PYMNTS

“What we want to achieve with ‘Pay Your Friends’ is to give our users a reason to bring all their friends into cryptocurrency. The user experience is instantaneous and free — the more users get a chance to experience it, the closer we get to global adoption,” the company said in a blog post. .

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Payments Innovation Fuels Rise In Football Gambling

PYMNTS

“These casinos have begun to accept deposits in the form of cryptocurrencies such as Bitcoin and others,” that site reported. One of the ways that these websites are able to differentiate is through user experience. A key part of user experience is payment speeds. There is no room for failure,” Cregan said.

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How Dallas Cowboys’ Lewis Neal Wants Companies To Tackle Data Security

PYMNTS

Well, that can be anything, represented as data so often is via computer — that is, numerically — up to 1 million bits, spanning information across personal identifiers and credit card activity. There’s a shadow that goes to the bank or the credit card processors … they come together and give authorization.”. The shadow knows.”.

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Vocalink CEO: The Three Guideposts For Navigating Payments’ Evolution

PYMNTS

Bitcoin, Libra, instant payments, Open Banking — these were the big subjects on repeat last week, Dobbie told Webster. Contactless cards have succeeded as well as they have worldwide for many reasons, Dobbie noted — chief among them, watching someone ahead in line use one can be all the explanation of how to use it one will ever need.

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FinDEVr Preview: Nexmo

Fintech Labs Insights

The number of payment methods is drastically increasing – from debit and credit cards to Apple Pay, Google Wallet, PayPal, and Bitcoin. In this session with Nexmo , learn how cloud communications tools are being used to significantly decrease fraud, protect user identity, and boost overall customer experience.

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J.P.Morgan’s Quorum becomes part of ConsenSys

Lex Sokolin

You would not be able to design this user experience, nor this attention platform without a technology footprint that began with cloud computing and the Internet. the narrow ambition of banking-as-a-service), and more the data, media, and e-commerce experience of Amazon and Facebook with financial product monetization.