Content about Electronic money

March 3, 2014

As I have previously expressed in this column, I am a Bitcoin skeptic. The recent news that major global Bitcoin exchange Mt. Gox suddenly disappeared, possibly due to losing as much as $350 million to fraud allowed by a computer glitch, reinforced my reservations about Bitcoin and similar electronic currencies.

January 3, 2014

A new form of digital currency will reportedly soon be competing with Bitcoin. According to multiple media reports, the currency, known as “Coinye West,” will launch at 11 p.m. ET on Saturday, Jan. 11.

December 28, 2013

Online discount retailer Overstock.com plans to let shoppers pay with the digital currency Bitcoin starting in June, according to the New York Times.

December 12, 2013

Retail in the coming year will be more streamlined and integrated with online experiences, according to predictions from POS software provider Revel Systems.

December 2, 2013

Bitcoin, the nearly anonymous, peer-to-peer online currency, has been getting attention lately. The attention has not been necessarily positive, as bitcoin was the preferred currency of the recently closed down Silk Road “darknet” site that served as a virtual global marketplace for narcotics and other illegal goods.

February 25, 2013

Visa Inc. has entered into an agreement with mobile commerce provider ROAM, an Ingenico company, to enable merchants of all sizes to accept electronic payments using mobile technology.

© 2014