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Bank of America Merrill Lynch Starts Using AI
See Also Fintech could be bigger than ATMs, PayPal, and Bitcoin combined THE FINTECH PROFITABILITY REPORT: Why fintechs are struggling to turn a profit, and the hurdles they must overcome to see success THE US FINTECH REGULATION REPORT: How the US regulatory environment is holding back the fintech industry This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Bank of America Merrill Lynch (BAML) has revealed that it is...
Related topics : bitcoin bank of america merrill lynch
Japan Plans To Regulate Bitcoin: Report
Japan is taking steps to regulate bitcoin, and will introduce legislation to that effect soon, according to a report in the Nikkei Asian Review. But it won't be a currency, like yen or dollars — instead, bitcoins will be treated as a tradeable commodity like gold or oil. How Japan plans to enforce these regulations, no one knows for sure.
After the largest bitcoin exchange, Tokyo-based Mt. Gox, collapsed with potentially hundreds of millions of dollars unaccounted for, a Japanese lawmaker...
Related topics : virtual currency like bitcoin
Huge Payment Processor Stripe Is Bailing On Bitcoin
In addition to providing a payments platform for big clients like Lyft, Facebook, and Target, Stripe has been supportive of cryptocurrencies for several years. On Tuesday, Stripe reiterated its support for a viable digital currency, but said that bitcoin just isn’t cutting it. Going forward, Stripe will no longer accept bitcoin as a payment method. Stripe has grown into a major force with a $9.2 billion valuation, and bitcoin seems more important than ever. But according to Stripe, it’s...
Related topics : bitcoin payment processor / accept bitcoin payments
Bitcoin Trust Wins 48,000 Bitcoins Auctioned by U.S. Marshals
Bitcoin Investment Trust, an investment fund focused on the digital currency for high net-worth individuals, has won the bidding for 48,000 bitcoins auctioned last Thursday, Brendan O'Connor, managing director of the SecondMarket exchange, said on Tuesday. Marshals Service auctioned 50,000 bitcoins last week seized from the alleged owner of Silk Road, an Internet black-market bazaar where authorities say drugs and other illegal goods could be bought. He declined to disclose details of the bid...
Related topics : bitcoin investment trust fund
Bitcoin’s value crashes and it’s taking other currencies with it
It's been nearly one month since Bitcoin reached it's lifetime value peek of more than $19,000, on Wednesday the crypto-currency faced it's biggest loss falling to less than $10,000. Cryptocurrencies are known for having volatile values, however over the past few months bitcoin’s has shown near unprecedented growth over the past few months. At the start of 2017 it went from being worth $1,000 to $5,000 in November, closing at nearly $20,000 in December. Wednesday's dip is the largest in quite...
Related topics : what's the value of one bitcoin
Bitcoin Experts To Meet On Richard Branson's Private Island
Richard Branson, CEO of Virgin Group, is serious about Bitcoin.
In fact, that he's inviting top cryptocurrency experts to a conference held in the British Virgin Islands.
The Block Chain Summit, will be held from May 25 to May 28.
It includes a long list of banking, finance and business experts.
According to the event's website, the agenda includes "highlighting critical issues and solutions and to lay out the framework for a world where the humankind is fully benefiting from the amazing...
Related topics : bitcoin technology blockchain
Bitcoin Beats Trump For Most Google Searches
According to Google Trends data, searches for Donald Trump have been beat by something even more perplexing: Bitcoin. An interest in this cryptocurrency has grown and even top people from Wall street are looking into investing. After much debate, The Commodity Futures Trading Commission has even permitted futures on three exchanges. Futures contracts will allow traders to profit from their bets on bitcoin price moves without necessarily buying the cryptocurrency, and could increase...
Related topics : bitcoin trends google / bitcoin buy price
Bitcoin Hits New All-Time High
Bitcoin posts new record high above $6,330 on Tuesday. Price jumps after exchange group CME announces the launch of bitcoin futures. The cryptocurrency is up over 3% to $6,337.29 at 2.10 p.m. Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing Companies List of Credit Card Processing Networks List of Payment Gateway Providers M-Commerce: Mobile...
Related topics : bitcoin payment gateway list / bitcoin price all exchanges
Bitcoin Tops $7,000
LONDON – Bitcoin's rapid rise continues, with the cryptocurrency shooting past $7,000 per coin on Thursday morning. ET), the digital currency is up 3.8% against the dollar to $7,003.74: Bitcoin has been on a tear over the last week, posting record highs on consecutive days. Markets Insider Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing Industry List of Credit Card Processing...
Related topics : bitcoin payment gateway list
Bitcoin Hits Record High
Bitcoin rises above $6,500 for the first time on Wednesday morning. Mati Greenspan, an analyst with trading platform eToro, said on Wednesday: "Not only is this a monumental testament to the belief in bitcoin and the demand in the market but it will also boost the liquidity by opening the market to many more interested players." Learn more: Credit Card Industry and Market Mobile Payment Technologies Mobile Payments Industry Mobile Payment Market, Trends and Adoption Credit Card Processing...
Related topics : bitcoin payment gateway list