Checks are the economic dinosaurs Americans won't give up

Aug 7, 2017
In the U.S., people wrote about 38 checks on average in 2015, compared to 18 in Canada, 8 in the U.K., and almost none in Germany.
A woman writes a check. 
Sherman / Getty Images

Why Nicaraguan businesses can't take PayPal

Apr 16, 2015
“Pay securely. Here, there, anywhere.” That’s the slogan currently on PayPal’s website, and one of the central promises for digital payments of all kinds. But so far, the promise isn’t accessible “anywhere.”  For instance: Nicaragua.  On the country’s Pacific coast, in a remote beach town, there is a Spanish school called Pie de Gigante. It draws an […]

Liberty Reserve seizure creates problems for online businesses

May 29, 2013
The Justice Department shut down online currency exchange, Liberty Reserve. For one business, that could mean bad news.

What the Liberty Reserve indictment means for Bitcoin

by
May 28, 2013
The Justice Department has indicted seven people involved with the online-payment system Liberty Reserve, accusing them of allegedly laundering $6 billion for the criminal underworld. What risk does the crackdown pose for Bitcoin?