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Headline News from PaymentsNews.com - July 15, 2013

On the web:

  • Remember Citigroup - Simon Johnson - "On Thursday of last week, four senators unveiled the 21st Century Glass-Steagall Act. The pushback from people representing the megabanks was immediate but also completely lame…"
  • New E-Commerce Strategies Threaten UPS, FedEx - Reuters - "Major U.S. retailers are experimenting with new e-commerce strategies that could dent demand for package delivery services…"
  • The Internet Archive Rescues Bitcoiners From Banking Oblivion - Wired.com - "…when Hockenhull needed somewhere to turn, Internet Archive founder Brewster Kahle gave him the means to keep his company alive. Since then, the IAFCU has taken on a half-dozen Bitcoin businesses, such as BitBox, giving them a critical link to the U.S. financial system."
  • News and Notes from the 2013 CNP Expo - "The first edition is a highlight package featuring some of the most noted executives in the card-not-present space…"
  • The 6 weirdest alternative currency stories ever - CoinDesk - "The world of alternative currencies brings with it a host of scammers, stealers and black market sellers. They bring a bad name to decentralized systems like bitcoin."

On the wires:

Upcoming from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

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