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.

The largest of the Channel Islands plans to introduce ‘light touch’ regulation for cryptocurrencies, according to the Jersey government’s assistant chief minister.

The payment services giant has expanded Visa Checkout, the online checkout service that expedites the e-commerce process, to Brazil, meaning it is now available in five South American countries.

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.