Gopal Subramaniam

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Piers Morgan is being pummeled by the left over what he said about ‘gender-fluidity’

Piers Morgan remained defiant about his comments that “gender fluidity” is “damaging to society” even after a public furor arose from the LGBT community.<p>Morgan said that “gender-fluidity” was damaging to society even as he supported transgender persons “transitioning” from one gender to the …

LGBTQI

What to Make of The Rumored Expansion of Apple Inc. Into Mobile Payments

Both Facebook and Apple are speculated to join the mobile payment landscape in as little as the next few weeks, but one is clearly poised to benefit, …

Bitcoin 2.0: Unleash The Sidechains

“Cryptocurrencies will create a fifth protocol layer powering the next generation of the Internet,” says Naval Ravikant. “Our 2014 fund will be built during the blockchain cycle,” concurs Fred Wilson. And Andreessen Horowitz have very visibly doubled down on Bitcoin.<p>Even if you don’t believe in …

Bitcoin’s Promise Goes Far Beyond Payments

Digital currencies like Bitcoin have captured the attention of the media, entrepreneurs, and regulators. The coverage has described exchange meltdowns, price volatility, and government crackdowns. However, the focus on Bitcoin as a currency may distract businesses and governments from its …

Apple said to be 'serious' about moving into mobile payments

The tech giant is reportedly looking to hire some senior executives to head its rumored electronic payments business.<p>Several clues have surfaced over the past few months that point to Apple working on its own mobile payments business. We've seen patent filings, rumors of secret meetings, and …

Mobile Payments

Amazon nixes the idea of accepting Bitcoin

Even though the fledgling cryptocurrency is gaining momentum, the e-commerce giant has no plans to start allowing it.<p>While some online retailers have either accepted or are warming to the idea of allowing Bitcoin payments, Amazon apparently isn't there yet.<p>The head of Amazon payments Tom Taylor …

Cryptocurrency

Payments News

March 9, 2018<p>Headline News from PaymentsNews.com<p>Fintech Futures<p>“This isn’t just a social issue, but also an economic challenge – management …

TransferWise Launches for Android

TransferWise, the London-based startup that wants to make transferring money between currencies effortless and inexpensive, has finally launched a native Android app.<p>TransferWise is a peer-to-peer service that sidesteps bank fees and lets you switch money directly to users in other countries. …

Challenges to Facebook in mobile payment biz

Social media network Facebook, which is likely to receive mobile payment license from the Central Bank of Ireland, faces huge challenges in the …

Facebook plans to provide mobile payment services: report

Facebook Inc is preparing to join the mobile-payments race with remittances and electronic-money services on the social network, the Financial Times …

Could Apple buy Square to accelerate its mobile payment plans?

<i>Re/code</i> is reporting that both Apple and Google have considered making acquisition offers for payments company Square, with CEO Jack Dorsey said to favor a sale to Apple.<p>In the last year, both Apple and Google have considered making acquisition offers for Square, according to industry sources …

Google exec reiterates commitment to mobile payments

Google Payments chief Ariel Bardin tells attendees at a payment conference that Google's efforts in mobile payments go beyond its initial Google Wallet implementation. And he said Google is in the mobile payments market for the long-haul.<p>LAS VEGAS -- It's been a bumpy ride for Google Wallet since …

FinTech

Payments News

Reuters<p>“The Bundesbank has been a staunch advocate of cash in the face of a global shift to electronic forms of payments such as debit cards and an …

Retailers push into crowded mobile payment market | Reuters

BERLIN (Reuters) - Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.<p>A placard advertising an eBay app for Apple is shown in San Francisco, …

The IRS says Bitcoin is property, not currency — and still taxable

Bitcoin is not considered a real currency, at least as far as the U.S. government’s Internal Revenue Service (IRS) is concerned.<p>The IRS issued its first ruling on Bitcoin and other cryptocurrencies today. The ruling states that Bitcoin is to be treated as property for federal tax purposes.<p>This …

Regulators Warn Consumers To Be Careful with Bitcoin

Even as the buzz about bitcoin continues, regulators and financial advisers have begun cautioning consumers that the virtual currency may not have a place in their portfolios.<p>Both the Financial Industry Regulatory Authority and the Washington State Department of Financial Institutions issued …

Cryptocurrency

Hidden flipside

THE father has been found in time for his child’s funeral. That would appear to be the sorry state of affairs in the land of Bitcoin, a …

Bitcoin

Burger King gets appy with new mobile payment product

Burger King, the perennial Pepsi to McDonald's Coke, is technologizing with a mobile app. But before you get out the pitchforks and cry "diabetes! laziness! obesity!," it's important we mention that this app, set to launch in limited locations next month with a nationwide rollout shortly after, is …

A dust-up is brewing in mobile payments, pitting Isis against Best Buy, 7-Eleven

Advertisement<p>5 Comments<p>Credit: Shutterstock / Sinisa Botas<p>Best Buy(s bby) and 7-Eleven have started shutting down near-field communications (NFC) …

MasterCard testing security feature that okays purchases based on phone location

Locking down those credit cards while globe-trotting is always a chief concern. Today at Mobile World Congress, MasterCard and Syniverse announced a joint effort to ease the fears of travelers. The pair is working on a pilot program that will only allow card-based transactions when a user's mobile …

Google’s Jared Cohen: It’s “Obvious” Bitcoin-Like Currencies Are “Inevitable”

Google Director of Ideas and former technology advisor to former Secretary of State Hillary Clinton, Jared Cohen, says that digital “crypto-currencies” like Bitcoin are here to stay. “I think it’s very obvious to all of us that crypto-currencies are inevitable,” he told the audience at SXSW, in …

eBay Files Patent Application for Bitcoin Currency Exchanger

<!Center column><p><b>AuctionBytes Blog</b> <i><br>Covering auctions, collectibles and marketplace selling.</i><p>The AuctionBytes Blog has been giving a voice to online …

Money Transfer Startup WorldRemit Collects Its First Investment, $40M From Accel

WorldRemit, a London-based startup that is tackling the antiquated consumer money wiring/remittance market with an easy and traceable online solution, has collected some money of its own: a $40 million investment from Accel Partners, the storied VC that has backed big consumer plays like Supercell …

Another Bitcoin Startup Tanks After $600,000 Theft

Mt. Gox may have become the biggest business to collapse within the Bitcoin economy when it declared bankruptcy last week after a massive theft of its coins. But it won’t be the last.<p>On Monday night Bitcoin startup Flexcoin announced that it would be shutting down following the theft of 896 …

Associated Press News

Top 10 Predictions for Technology in 2014

Microsoft may get its mojo back, smartphones will get cheap, and we’re about to enter the Year of Encryption. A look at what to expect in telecom and …

Mobile phone payments system to be launched by banking industry

<b>The banking industry's new mobile phone payments system will be launched later this year.</b><p>The system will be called called Paym - pronounced Pay Em.<p>It will make it easier for people to transfer money to other bank accounts using mobile phone apps.<p>The key feature is that once users have registered …

Banking

The UK Reportedly Plans To Scrap Value Added Tax on Bitcoin Trades

Bitcoin was dealt a heavy blow last week after troubled Bitcoin exchange Mt. Gox, once the largest of its kind, filed for bankruptcy protection in Tokyo.<p>The UK government, however, is reportedly taking steps to welcome the virtual currency. In a meeting with a group of UK traders, Britain’s tax …

Bitconned

JUST over a week ago, Schumpeter wrote about the collapse of Mt Gox, the once-dominant Bitcoin exchange that disappeared in late February along with …