BitGo Launches Multi-Signature Bitcoin Security Solutions for the Enterprise

Posted on by wademinnie | 7687 Views | 17 min read

BitGo, a leader in Bitcoin multi-signature security, has announced BitGo Enterprise, a new suite of services for businesses and financial institutions operating in digital currency. With features such as spending and velocity limits, user management, and 24×7 monitoring, BitGo’s new offering allows businesses of any size and technical ability to take advantage Bitcoin-based opportunities. “Until

Jumio Partners with Eight Leading Bitcoin Providers to Form Identity Security Network

Posted on by wademinnie | 7390 Views | 9 min read

Jumio, Inc., a fast growing credentials management tech company has announced the formation of the Bitcoin Identity Security Open Network (BISON). Initial members of the network comprise eight leading Bitcoin exchanges, wallets and ATM providers worldwide including BitAccess, SnapSwap, CoinMkt, Digital Currency Exchange of Texas, CoinRnr, Hashop.io, NoveltyLab and Bitnet Technologies as the initial members.

African Banks Should Innovate Around Bitcoin – Kipochi

Posted on by wademinnie | 6046 Views | 7 min read

African banks should innovate around the emergence of Bitcoin, which banks in the United States (US) and Europe are incapable of doing, according to Pelle Braendgaard, co-founder and chief executive officer (CEO) of Kipochi. Speaking on day two of Africa’s Payments, Banking and Retail Show 2014, Braendgaard said the African banking market is special in

ATMIA Releases Research Paper on Bitcoin

Posted on by wademinnie | 9729 Views | 8 min read

The ATM Industry Association has announced the release of a commissioned research report into the digital currency BitCoin and what it might mean to the industry. The paper, written by Tremont Capital Group, one of the nation’s leading consulting firms specializing in the ATM industry, is called “An Introduction to BitCoin ATMs” and contains special

Cards and Payments World Africa 2014

Posted on by wademinnie | 14122 Views | 4 min read

Cards and Payments World Africa 2014 is taking place this week on the 18th and 19th of March at the Johannesburg Convention Centre. It is the place where Africa’s payment specialists meet to discuss the challenges and opportunities in the industry. The show will feature 1200 attendees with 200 VIPs and 80 exhibitors. There will

Mt. Gox Files for Bankruptcy, Bitcoin Businesses Subpoenaed – Reports

Posted on by wademinnie | 9506 Views | 6 min read

The Mt. Gox Bitcoin exchange has filed for bankruptcy protection in Japan, according to an AFP report, days after it went offline. Earlier this week the website of Bitcoin exchange Mt. Gox had been taken down amid rumours of a hack or security breach resulting in the theft of Bitcoins, while six major Bitcoin exchanges

Standard Bank Piloting Bitcoin Trading Platform

Posted on by wademinnie | 3924 Views | 4 min read

South Africa’s Standard Bank has set up an experimental internal Bitcoin trading platform, according to a presentation given at the 2014 Finovation Europe conference in London. Standard Bank has launched the pilot programme using technology provided by Switchless, a platform that enables banks to provide Bitcoin services to their customers. Photographs on the Finovate blog

New West Technologies Releases Bitcoin Integration for POS with BitPay

Posted on by wademinnie | 6261 Views | 6 min read

BitPay, a provider of business solutions for virtual currencies, announces that New West Technologies, Inc. has released a Bitcoin integration for Microsoft Dynamics Retail Management Systems (RMS). Bitcoin for RMS is a progressive extension that allows Microsoft RMS to receive and process Bitcoin payments for goods and services. Using cryptography to control the creation and

BitPesa Aiming to Disrupt African Remittance Industry through Bitcoin

Posted on by wademinnie | 5484 Views | 18 min read

Nairobi-based BitPesa is in discussions with multiple banks and network operators in Kenya over partnerships that could allow the mass introduction of Bitcoin remittance payments into the East African country. The startup, which is still in discussions with regulators and will not launch until approval is granted, was thought up by micro-finance and cryptocurrency expert

BitPay Processes 55,000 Bitcoin Merchant Transactions in November

Posted on by wademinnie | 5829 Views | 8 min read

BitPay, a merchant processor for virtual currencies, announced that in November it processed a record 55,288 bitcoin merchant transactions, representing a 165% increase from October. Strong activity from KNC Miner, Gyft, and Amagi Metals led the increase. During the Bitcoin Black Friday event on November 29, BitPay processed 6,296 bitcoin transactions in a single day,