Payment Source recently published an excellent article on FinCEN’s ruling on Virtual Money companies and how they are not only now required to be registered as an MSB (with FinCEN) but also as a Money Transmitter. What could this possibly…
Payment Source recently published an excellent article on FinCEN’s ruling on Virtual Money companies and how they are not only now required to be registered as an MSB (with FinCEN) but also as a Money Transmitter. What could this possibly…
VISA thinks credit cards still have a chance in the emerging market INTERVIEW: Visa Executive: Mobile Won’t Kill Card Payments In Emerging Markets Read more
Now, you can pay for your food from your mobile. A simple but definitely good idea. “PayDragon, a new app for Android and iPhone and companion web-based backend for managing mobile payments and food ordering, is today announcing its public…
A very important read on how FinCEN (Financial Crimes Enforcement Network) has now classified what an MSN (money service businesses) are, and also, even if there are physically outside the US and have no presence in the US, FinCEN will go after them.…
A Question as recently asked on Quora, and we thought we would best share our answer: This is an excellent question and there are many companies who believe they are shaping this answer (predominantly, SWIFT, Visa, Mastercard, WesternUnion, PayPal, and…
