Viewing profile — zende

This is exactly why regulations exist. MtGox should need to register as a Money Service Business (MSB) in the US and as a Money Transmitter in each state that they support. That ne…

One of the things to also consider is where you live and if you're effected by Seasonal Affective Disorder (SAD), which is a form of depression. It sounds like there's more going o…

You can automate the DL verification process using Jumio. You hold your DL in front of your computer's camera, Jumio reads the info, and verifies the information. IIRC, Western Uni…

You can also take money from a bank account using an account number and routing number. That's why Donald Knuth stopped sending out checks to pay bounties.[1] > Is it another start…

I didn't list the payout time because it varies by bank. It is instant (24/7) when we're able to go through an ATM network like STAR or PULSE. We'll learn a lot more during the dev…

Thanks! I want to stay away from anything on Balanced v. Stripe though. We're trying to move the market forward and innovate.

(ceo of balanced) We don't have any plans to offer interchange+ pricing. We found that would create more work for our customers. The predicability in pricing is part of the value t…

I know the part about interest. You can't collect interest on money that's not actually your own, which is the same case with any payments company. Out of curiosity, why don't you …

(ceo of balanced) > Tickets are open on my [relatively popular] software of choice and have been for months; no timetable has been set.) I'm sorry to hear that. What software would…

> We have an apart­ment near our San Mateo office that any­one can use when they’re in town. Peo­ple tend to travel to San Mateo about once every 6 weeks on average. This is one of…

MyNameIsMK: We'd be happy to help. We're online right now for chat on #balanced on irc.freenode.net, which you can join online by going to http://webchat.freenode.net/?channels=bal…

> Generally, we hold to the offered rate even in the case that the card mix changes and becomes more expensive. In the case that the card mix becomes less expensive, we'll decrease…

What happens if a customer's card mix changes?

This is dead on. Here's a few other things to keep in mind: 1. A Durbin Regulated Debit Card include any bank that has over $10B in deposits. That's most debits cards by volume. 2.…

It's not.

+1 for openness

(ceo of Balanced) This is great feedback! Is this essentially what you're looking for? require 'balanced' Balanced.configure('ak-test-2ficCWmYvpRBBSzC7Me62ZTX0Y2DPGjgt') card = Bal…

The state monitors transactions first for illegal activity under mechanisms like the Bank Secrecy Act (BSA). Any payments or financial services company follow Know Your Customer st…