Tagpayments

Bitcoin-Friendly Square Uses App and Algorithms to Issue Business Loans

Payments company Square is moving into new markets by issuing business loans and will soon move to consumer lending. Its data collecting and analyzing algorithms are deciding creditworthiness letting borrowers arrange their loans in a few taps. According to WSJ reporting, one Texan food truck owner accepted a loan offer within the Square app, then went on to borrow $150,000 to open a gastropub...

Peace & Stability Through The Blockchain: Payments & Finance

Check blockchain

Editor's Note: This Is Part 2 of the CCN series, "Peace & Stability Through The Public Ledger."  For Part 1, click here. In the first part of this series, we examined the ways in which changing political postures of global citizens, and the history of IBM, helps paint a picture of the world in which blockchain operates. As we wrote: The legacy corporations now working in the blockchain space ...

American Express Chief Views Bitcoin as a Competitor

While competitors like Mastercard are embroiled in acrimony with Bitcoin and it's proponents, American Express (AMEX) has a more diplomatic approach to the digital currency. Globally, American Express holds a distant third position in credit card transaction volume behind Mastercard and industry leader Visa. American Express Chief Executive Ken Chenault shows respect to Bitcoin technology and...

Facebook to implement Bitcoin Payments on their Advertising Platform?

There is a rumor out now that Facebook has, or is, implementing Bitcoin payments on their advertising platform. The image below was sent to Bitcoinboard this morning by an employee of Facebook in Netherlands who is participating in the test: There is an option there to pay with Bitcoins on the Facebook Payment page, however, I can not personally confirm if this is legit or modified by someone...

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