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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist

PYMNTS

Lloyd’s insurance syndicate Atrium underwrites the policy and is provided by digital currency “lifestyle” service provider Coincover. The policy is reportedly a new insurance type that has a limit that changes with the price fluctuations of covered digital currency assets.

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The Rise Of Payments Laundering

PYMNTS

This is the watershed moment where payment hustlers evolve to using payment laundering, which Frechtling defines as shifting the flow of funds between payment methods. Frechtling said that money laundering requires three steps: placement, layering and integration. Flushing Out the Hustlers.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

eWallet & mobile payments. Tags: SMB, lending, investing, underwriting, commercial loans, P2P, Finovate alum. Source: Crunchbase. Wheels Financial (aka LoanMart ). Alt-lender focused on lending against existing automobile titles. Latest round: $100 million Debt. Total raised: Unknown. HQ: Encino, California.

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What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines

PYMNTS

2020 Trendline Three: From The eWallet To The Everyday App Ecosystem. A decade ago, the conversation about digital payments was largely about registering payment credentials with a third party to make online checkout less friction-filled wherever those “buy buttons” were accepted. What Could Bend, And Shake Up, The Trendlines.

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Welcome To The Connected Economy

PYMNTS

2020 Trendline Three: From The eWallet To The Everyday App Ecosystem. A decade ago, the conversation about digital payments was largely about registering payment credentials with a third party to make online checkout less friction-filled wherever those “buy buttons” were accepted. What Could Bend, And Shake Up, The Trendlines.