Thousands of Barclays customers were unable to make or receive payments over the weekend, with the bank claiming that the end of British Summer time created a malfunction within its system.*|MC:SUBJECT|*
Further insight into how this legislation mandates regulated firms to verify customer identity for non face-to-face transactions will be shared during a Jumio and Payment Eye joint webinar on the 5th November. Secure your free place now
Square was signed up to process a part of Starbucks transactions three years ago, but when the startup filed for an IPO, the documents revealed it lost $71m in revenue over the course of those three years.
The Chamber of Digital Commerce and Coin Center have teamed up with some of America’s biggest companies to form the Blockchain Alliance, a non-profit organization created to serve as a public-private forum for the bitcoin community and law enforcement agencies.
The bitcoin payments startup Abra has revealed that American Express’s venture branch, American Express Ventures, was one of the investors that recently participated in its $12m Series A funding round.