Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!
ON THE WEB
- Visa Europe Partners for Bitcoin Micropayments Trial - Coindesk - "Bitcoin micropayments startup SatoshiPay is developing a new proof-of-concept with Visa Europe's innovation unit. Work on the project was first disclosed earlier this year, when Visa Europe Collab said that it was exploring bitcoin micropayments for connected devices. At the time, the company indicated it was looking at use cases like smart light bulbs that could pay for their own electricity."
- Australian Banks Looking To Collectively Boycott Apple Pay - Ubergizmodo - "It turns out that the four big banks in Australia – NAB, Commonwealth, ANZ, and Westpac have asked Australia’s competition regulator permission to join forces and collectively boycott Apple Pay, at least until they can collectively negotiate some kind of deal."
- A “Classic” Economic Principle Among Blockchains - Medium - "Ethereum is currently a fiscal battle ground over ethical concerns that has produced more than one field to do battle in, and believe it or not that’s probably ok in the long run. If there’s anything the cryptocurrency space has produced in abundance, it’s a variety of blockchains."
- NY&Co rings up in-store traffic with wide-scale beacon deployment - Mobile Commerce Daily - "Following a successful beta test, New York & Company said today that it is rolling out shopkick-enabled beacons to more than 170 of its locations, enabling consumers to earn loyalty points for walking into a store and for visiting a fitting room."
- Reach Millions of Users by Accepting Venmo as a Way to Pay - Braintree blog - "Earlier this year we announced that exclusively through the Braintree SDK, a limited number of Venmo users would get to experience the familiar delight and ease of paying merchants with Venmo within their favorite apps. Now, along with our friends at Venmo, we are thrilled to announce that all Venmo users will be able to make purchases beginning tomorrow."
- Cybercrime Overtakes Traditional Crime in UK - Krebs on Security - "In a notable sign of the times, cybercrime has now surpassed all other forms of crime in the United Kingdom, the nation’s National Crime Agency (NCA) warned in a new report. It remains unclear how closely the rest of the world tracks the U.K.’s experience, but the report reminds readers that the problem is likely far worse than the numbers suggest, noting that cybercrime is vastly under-reported by victims."
ON THE WIRES
- ThreatMetrix Cybercrime Report Reveals a 50% Increase in Global Attacks, With 1 in 10 New Account Applications Now Rejected - "The report revealed that the rise in stolen identity credentials available in the market led to an increased level of attacks on new accounts, a 250 percent increase year-over-year. Fraudsters are using identity credentials obtained from the dark web to run substantial automated bot attacks that have increased 50 percent since last quarter. The Network detected 450 million such threats, thwarting millions of attacks on numerous individual companies."
GLENBROOK PAYMENTS EDUCATION EVENTS
Our next Glenbrook payments education events are coming this fall - in Palo Alto, CA and New York City - we hope to see you there!
- Payments Boot Camp - Palo Alto - October 11-12
- Insight Workshop - Palo Alto - Data in Payments - October 13
Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.
UPDATES FROM GLENBROOK
- We're hiring! Passionate about payments? Love solving tough client problems? If that describes you, come join us! Click here to learn more!
- Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews
Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: firstname.lastname@example.org!