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Headline News from PaymentsNews.com - June 13, 2014

On the Web:

  • The threat to banks is not Google or Amazon but ... - Financial Services Club Blog (Chris Skinner) - "But what if something was on the radar but such a tiny buzz that you flick it away like a fly? What if something was building that would totally reshape the industry but, because it seems so irrelevant, it’s ignored? What if there was no need to use banks at all, and the system could be circumvented?..."
  • P.F. Chang’s Confirms Credit Card Breach - Krebs on Security - "At P.F. Chang’s, the safety and security of our guests’ payment information is a top priority. Therefore, we have moved to a manual credit card imprinting system for all P.F. Chang’s China Bistro branded restaurants located in the continental United States."

On the Wires:

  • Ten Bitcoin Companies Support Charities with the Bitcoin Cup - "Ten Bitcoin companies have joined together to sponsor the 2014 Bitcoin Donation Cup, a global community donation program which provides a seamless way for fans around the world to donate bitcoin to a participating charity of their choice. The sponsoring companies include BitGive and BitPay from the United States, Mercado Bitcoin from Brasil; Altis, MexBT and Bitso from Mexico; Colombia Bitcoin Foundation and the Fundacion Bitcoin de Argentina."

Updates from Glenbrook:

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: gotnews@paymentsnews.com!

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