Bitcoin Forum
November 04, 2024, 01:00:28 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: USA Banking Giants announce new bitcoin like money transfer service clearXchange  (Read 7832 times)
Stephen Gornick
Legendary
*
Offline Offline

Activity: 2506
Merit: 1010


View Profile
May 27, 2012, 06:34:34 PM
 #41

necrothead, sorry, but this probably isn't worth of a new post.


ClearXChange has launched:

 - http://www.marketwatch.com/story/wells-fargo-launches-simplified-person-to-person-money-transfer-service-nationwide-2012-05-24
 - http://www.youtube.com/watch?v=1yc1XC98mbc

"Can Dwolla compete?"

 - http://blog.unibulmerchantservices.com/clearxchange-vs-dwolla-revisited



Unichange.me

            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █
            █


malaimult
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
May 27, 2012, 09:47:59 PM
 #42

i have a chase bank account and wellsfargo bank account but i don't see any clearxchange services in my online banking menu

Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1918
Merit: 1570


Bitcoin: An Idea Worth Spending


View Profile WWW
May 28, 2012, 05:17:13 AM
 #43


Quote
Shockingly, 36 hours later the transaction was still shown as suspended. I yet again called and was informed that the transaction had been cancelled! Wait for it......because the transaction had taken too long to complete.

Great article and, IMHO, bodes well for Bitcoin.

~Bruno~
ArticMine
Legendary
*
Offline Offline

Activity: 2282
Merit: 1050


Monero Core Team


View Profile
May 28, 2012, 05:33:39 AM
 #44

There has been a similar service in Canada since 2003. http://en.wikipedia.org/wiki/Interac_e-Transfer All this shows is how far behind the US banks are when compared to their counterparts in other countries. This has little to do with Bitcoin.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
istar
Hero Member
*****
Offline Offline

Activity: 523
Merit: 500


View Profile
May 28, 2012, 07:16:18 AM
 #45

Its great that the banks do improve, still, no privacy.

clearXchange, where have I seen a name that looks familiar...
cryptoXchange.






Bitcoins - Because we should not pay to use our money
wksantiago
Member
**
Offline Offline

Activity: 63
Merit: 10



View Profile
September 25, 2012, 02:07:27 AM
 #46

I think the banks are afraid of bitcoin.  This only means better service and power for consumers.

If my posts has been helpful, thank me here:
BTC: bc1qp0xtvck64qhvg6man0fjgy2jl3l6vwkctngjc4
Bitrated user: wksantiago.
(PGP Fingerprint: 2199 0685 3d0f 29eb f0aa 40a5 1cd9 d426 66ae a802)
franky1
Legendary
*
Offline Offline

Activity: 4396
Merit: 4755



View Profile
September 25, 2012, 02:28:55 AM
 #47

simply put, its a wire transfer between banks... just alot faster

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Yolocoin
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
September 25, 2012, 04:22:36 PM
 #48

I think the banks are afraid of bitcoin. 

No, not really. This isn't the first attempt at alternative money transfer systems.  Paypal used to have competitors before eBay basically locked in their vertical monopoly.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!