Heartland CEO: Blockchain Could Power Trillions in Bank Transactions
"I wish I could give you a grand leading vision." It's the first thing Heartland CEO Bob Carr says as he sits down in the media room at Money20/20, the modern white leather couch clashing with his holiday sweater. We're talking about the buzz around the bitcoin blockchain, the technology's decentralized ledger, and how it relates to the future of his New Jersey-based payments firm. Frankly, I'm surprised he arrived. With all the chasing that goes into setting up meetings, it's a bit startling the CEO of the fifth largest merchant acquirer in the US would venture down to the press room for....
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When Heartland Payments e-commerce director Joe Wysocki looks to add a product or service to his company's portfolio, he looks for three factors - that it will help Heartland's merchants improve security, convert shoppers and obtain repeat business. Bitcoin, Wysocki says, aligns with these principles. In a new interview with CoinDesk, Wysocki discussed the strategy behind the fifth-largest US payments processor's recent referral deal with BitPay, and the forces that encouraged it to consider its first opportunity in the digital currency market. Overall, Wysocki described the deal as one....
Heartland Payment Systems, the fifth largest payment processor in the US, has signed an agreement with BitPay that will find the company referring customers to its platform. Founded in 1997, Heartland offers credit, debit and prepaid card processing services, as well as check management and payments solutions. The publicly traded company estimates it has more than 250,000 customers nationwide. Statements by the companies indicate that Heartland will seek to identify businesses and organisations that may benefit from the bitcoin payment processor's services, then referring them to the....
According to the International Consortium of Investigative Journalists (ICIJ), five major global banks have been exposed funneling trillions of dollars in criminal funds in the recently leaked FinCEN Files. The massive leak is 2,100 documents spanning from 2000 to 2017 which shows fraudulent funds flowed almost effortlessly through JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank, and Bank of New York Mellon. The world’s regulators are supposed to be regulating the ‘tainted’ dollars that flow through the financial system and the United States has a number of....
Trump? Biden? Who Cares? The U.S. economy is in such a shambles that massive stimulus packages are likely either way, probably financed by the Fed.
A recent incident involving a former CEO of a local US bank has been the latest reminder of the risks tied to the crypto world. As the industry grows despite tales of fortunes made and lost abound, this particular story paints a cautionary tale of corporate responsibility gone awry. High-Risk Crypto Investment Goes Sour Heartland […]