New AML compliant bitcoin processing service available to 56,000 merchants
ACI Worldwide recently announced a partnership with Payment21. ACI Vice President Andy McDonald said that the partnership will enable their clients to offer bitcoin payments, “without exposing their merchants to price volatility.”
Global remittances slow, while regulation restricts access
In the latest edition of the World Bank’s Migration and Development Brief, released earlier this month, remittance only grew marginally last year. Remittances to developing countries amounted to $431.6 billion in 2015, an increase of 0.4 percent over 2014. Although still growth, the pace is the slowest since the global financial crisis. Global remittances, which include those to high-income countries, contracted by 1.7 percent in 2015, to $581.6 billion.
Bitwage announces payroll service for Europeans
Bitwage, a bitcoin payroll and international wage payment service provider, recently announced the release of Bitwage Payroll service for Individuals (BPI) in Europe. Founded in 2013, by CEO John Lindsay and President Jonathan Chester, Bitwage was originally created as a bitcoin payroll service for employers. In November 2014, the company expanded its service to employees and freelancers, without requiring their employers or clients to sign up.
Genesis Mining celebrates two year anniversary with a discount for cloud mining
Having been involved in Bitcoin for several years, Marco Streng, Marco Krohn and Jakov Dolic have watched cloud mining companies come and go. They realized that there was a huge opportunity in the market, offering a legitimate and trusted cloud mining service. Two years ago, they launched Genesis Mining.
PriceWaterhouseCoopers enters the race to commercialize the blockchain
PriceWaterhouseCooper (PwC) recently [announced](http://pwc.blogs.com/press_room/2016/01/pwc-launches-new-global-technology-team-to-harness-bitcoin-technology.html) that they have recruited 15 leading technology specialists “to exploit and commercialise blockchain, the technology that powers the crypto-currency, Bitcoin.”
After a bumpy road, Australia still embraces bitcoin bill payments
Using bitcoins to pay everyday bills is a reality, using third-party payment processing services. In Australia, it has become so popular that they’ve already processed over $1 million, despite a rocky time with their tax authority.
