Virtual currency loses almost a third of its value in just one day
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Financial Group Targets IT Security Risks
A group of financial organisations has highlighted the IT security risks that come with the use of third-party suppliers
Bank Of America Recognises Benefits Of Bitcoin
Analysts warn that the price of the virtual currency should remain below $1300
RBS Promises Compensation After Yet Another IT Failure
RBS, Natwest and Ulster Bank customers are fuming after being unable to make payments last night
Bank Of England: UK Banks Hit By Cyber-Attacks
British banks and market infrastructures have come under attack in the past months, revealing vulnerabilities in their systems, according to a Bank of England report
Bitcoin Reaches Record Value Of £224
The exact causes of a $90 boost in value over the last seven days are unknown
Co-Founder Of Liberty Reserve Will Spend Up To 75 Years In Prison
Vladimir Kats pleads guilty to money laundering and unlicensed money transmitting charges
MongoDB Gets $150 Million In A New Funding Round
Open source NoSQL database breaks industry records, now valued at $1.2 billion
ICO To Investigate The Impact Of Snowden Revelations On Privacy
Christopher Graham wants to know if the NSA really had access to encrypted bank data
Barclays Offers Free Document Hosting Service To Online Banking Customers
‘Cloud It’ allows users to upload and manage an unlimited amount of documents in the cloud
Insurance Risk Firm Models Catastrophes – In Iceland
Iceland is a development site for a giant cloud, built to prepare insurance firms for disasters
Russian Software Developer To Help Palestine Introduce Electronic Money
BPC Banking Technologies will help Palestine as it attempts to rebuild its national currency
Tech Firms Replace Finance And Law In The City Of London
Redistribution of office space reflects the wider trends in the UK economy
Facebook Plans To Launch Its Own Payment Platform
The yet unnamed service enables mobile payments with Facebook credentials
US Federal Judge Rules Bitcoins Are “A Form Of Money”, Can Be Regulated
Securities and Exchange Commission gets a green light to investigate Bitcoin companies
Mt. Gox BitCoin Exchange “Hosted On Thousands Of Servers All Around The World”
The world’s largest BitCoin exchange partners with Akamai for speed and security
Former Apple Store Workers Demand Compensation For Bag Searches
Ex-employees claim they lost up to $1,400 a year because the searches were conducted off-the-clock
Russian Authorities To Investigate Google’s Tax Practices
A Russian lawmaker accuses Google of tax avoidance, while a different investigation looks at data transfers possibly related to PRISM
Seagate Quarterly Revenue Down Almost A Quarter
Results still beat analyst expectations, yearly revenue remains high and the company is optimistic
UK Audience Technology Start-Up Affectv Secures £2 Million Funding
The company will bring its mix of mathematics and marketing to Europe and Asia
Uniqul Launches First-Of-A-Kind Face Recognition Payment System
The start-up wants to disrupt the wallet market
US Shields Its Digital Companies Against Tax Reform
The White House could resist closing loopholes in international tax law
G20 Countries Plan To Change Tax Rules In The Next Two Years
A draft plan from OECD will attempt to solve the issue of tax havens
HTC Sees Slump Despite HTC One Success
HTC’s second quarter results contain some positives, but are below expectations
MasterCard The First To Lift “Banking Blockade” Against WikiLeaks
For the first time since the diplomatic cable leaks in 2010, Wikileaks officially accepts credit card donations
BitCoin London: BTC Wins Friends But Alienates Regulators
Experts say it is much easier to run a BitCoin business in Europe than the US
PayPal To Take Its Payment Platform To Space
PayPal Galactic initiative will look at the challenges facing the electronic payment industry in Earth's orbit and beyond
The DEA Seizes Drug Dealer’s BitCoin Cache
In the first operation of its kind, federal agents seize virtual currency from a Silk Road trader
Oracle Hooks Up With NetSuite For More Cloud Collaboration
Larry Ellison calls in Deloitte to help with services for the combined technologies
‘Capital On Stage’ Tries To Galvanise Venture Model In London
Investors pitching to start-ups - you certainly don’t see that every day