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Potential Facebook Crypto Launch Pushes Bitcoin Over $9,000

PYMNTS

Bitcoin, the world’s most well known digital currency, has crossed the $9,000 mark for the first time in over a year, according to a report by CNBC. Bitcoin hit a high of $9,381.82 Bitcoin hasn’t been as high as $9,000 since May of 2018, and the cryptocurrency is now up 14 percent since January.

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Amazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News

PYMNTS

In addition, they are expected to jointly explore new product and service offerings in digital lending. Amazon Embraces Bitcoin. Bitcoin , through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites. The Link Between GDPR and the Homesharing Market.

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Bitcoin (And Other Crypto) Use Cases Fizzle, Bit By Bit?

PYMNTS

Much hype and hope surrounds the adoption of cryptocurrencies — bitcoin among them as the marquee name in the space, of course — beyond the Wild West of speculative trading that exists now. Favor has met with disfavor, and bitcoin now trades at $3,990 — a bit above nadirs around $3,400 and well off highs that neared $20,000.

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Facebook’s Post-Libra Fizzle

PYMNTS

You know, by now, that the social media giant unveiled the details of a new cryptocurrency, ambitious in scope and with the promise to bring financial inclusion to billions around the globe. POS installment: Visa is bringing installment lending to digital and physical points of sale through APIs , helping a $1.2

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Bitcoin, currency and competition

Tomorrow's Transactions

The Head of the Competition and Markets Authority says that competition in currency is “welcome”. I’m thinking about currency and competition because, and I imagine I’ll get trolled for saying this, but I had good fun arguing with some of the Bitcoin folk at Innotribe this year. From Bankers Debate Bitcoin at Sibos 2014 ].

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Five At Five: MoviePass Shelves Price Increase, Limits Free Films

PYMNTS

Also, Facebook talks with banks about sharing data, Walmart enters a meal kit deal with Gobble , Starbucks clarifies its plans to emphasize no purchases with crypto and China blocks demonstrations related to the country’s P2P market. MoviePass Shelves Hike, But Limits Free Showings. Facebook Talks To Banks About Checking, Card Data.

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What is the State of Banking Innovation in 2017?

Bank Innovation

Bitcoin mania has died down in the fintech world, and the conversation has shifted to technologies like voice banking, payments, and alternative credit scoring. What is the state of banking innovation today? Each year, we poll the industry to find out. This year, the pressure for banks to innovate is high, as banks no longer […].