article thumbnail

USD 12.1 bln worth of crypto assets stolen since 2011

The Paypers

billion worth of crypto assets in total between 2011-2021. Crystal Blockchain has released its bi-annual report Crypto & DeFi Hacks & Scams Report which shows a theft of approximately USD 12.1

Scams 40
article thumbnail

Fed to review debit card fee cap next week

Payments Dive

The Fed hasn’t changed a debit card fee cap since it was put in place in 2011, but it's planning to take up the issue at a meeting next week.

article thumbnail

Survey: Teens Slated To Spend Lowest Amount Since 2011

PYMNTS

New data has found that American teens are estimated to spend $2,371 per year — the lowest level for the age group since the fall of 2011. A survey by Piper Jaffray gathered the data from 9,500 teens across 42 U.S. states, with an average age of 15.8

article thumbnail

Bitstamp gains EU licence to offer regulated crypto derivatives

The Paypers

Bitstamp , a cryptocurrency exchange established in 2011, has received a MiFID Multilateral Trading Facility (MTF) licence.

article thumbnail

Global ecommerce market on continuous rise since 2011

The Paypers

(The Paypers) In spite of the fact that traditional retailing have a significant market share in the global retail market, ecommerce has gained considerable traction since 2011.

article thumbnail

Private Label Retail Credit Card Delinquencies At Highest Rate Since 2011

PYMNTS

Currently, they are at their highest level since the early part of 2011. In a press release highlighting the results, Equifax said outstanding balances of $81.7 billion are up 0.8 percent from the same period last year, with delinquencies rising steadily on a seasonal basis since 2013.

article thumbnail

BPI and TCH wade into Corner Post litigation

Finextra

Corner Post, a North Dakota truck stop, is challenging the Federal Reserve’s 2011 rules governing debit interchange revenue established pursuant to the “Durbin Amendment” in the Dodd-Frank Act. The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc.

TCH 52