What is payments? payments news, payments meaning, payments definition - Blockchain.News
Search results for

payments

Crypto Tax Payments Permitted in Bermuda

Crypto Tax Payments Permitted in Bermuda

Bermuda has started accepting tax payments using Circle's stablecoin known as USD Coin (USDC).

PayPal Finally Enables Cryptocurrency Payments and Shopping

PayPal Finally Enables Cryptocurrency Payments and Shopping

PayPal's customers will finally be able to make payments and shop using digital currencies such as BTC, ETH through PayPal’s online wallets.

Norwegian Air Set to Accept Cryptocurrency Payments

Norwegian Air Set to Accept Cryptocurrency Payments

Amazing times ahead for travelers in Norway as Norwegian Airline, one of the largest in Europe is set to accept the use of cryptocurrency as a means of payments for flight booking.

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

ISO 20022—Central Banks Strike Back Against Bitcoin and DeFi Payments But XRP Price Will Surge

Central Banks are planning their own payments revolution which could eliminate most cryptos from the cross-border payments conversation - all except Ripple (XRP).

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Facebook Faces New Hurdles as Brazil’s Central Bank Suspends New WhatsApp Mobile Payment Service

Brazil’s central bank has suspended WhatsApp’s payments feature in the country. The newly-launched system allows users of Facebook Inc’s WhatsApp instant messaging service to send money via chat.

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

CBDC Project will Help Enhance Japan's "Settlement System," Says Bank of Japan Executive

Bank of Japan's Kazushige Kamiyama has revealed that the country’s proposed central bank digital currency will enhance the country’s settlement system.

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa

Ripple and Onafriq are collaborating to introduce blockchain-powered cross-border payments, aiming to improve transaction efficiency and financial inclusion in Africa, the GCC, the UK, and Australia.

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

COVID-19 Relief Spurs Federal Reserve Towards Digital Payments with FEDNow

The Federal Reserve is accelerating towards digital payments technology as the COVID-19 pandemic has highlighted the need to provide faster methods of relief. The United States central bank has announced the development of its own platform—FedNow.

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa Blockchain Payments Will Help Promote Bank CBDC Integration

Visa is enhancing its blockchain payment drives among its merchants through research while forming partnerships with central banks for CBDC issuance

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon Joins IMF Panel on Cross-Border Payments

Stellar CEO Denelle Dixon is slated to take part in the IMF's annual meeting today, to discuss the private-sector’s role in addressing the limitations of cross-border payments.

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Washington DC Lawyers Can Now Accept Cryptocurrency Payments for Legal Services

Lawyers working within the metropolitan area of Washington DC can now accept cryptocurrency payments for legal services so long as the fee agreement is reasonable and fair, and the lawyer is able to safeguard their digital assets, the District of Columbia Bar stated in an ethics opinion.

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase and Trustly Collaborate to Streamline Crypto Transactions for Canadians

Coinbase partners with Trustly for Open Banking in Canada, enabling direct bank-to-crypto wallet transactions. This follows Coinbase's recent Canadian market expansion and US crypto derivatives approval.

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan Accelerates Digital Yen Plans Amidst Global CBDC Race

Japan is advancing its plans for a digital yen, with the Bank of Japan set to pilot a CBDC program and the finance ministry preparing an expert panel to address legalities, signaling a significant shift in Japan's traditional cash-centric economy.

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales

NHL- San Jose Sharks To Accept Crypto for Tickets and Merchandise Sales

The San Jose Sharks ice hockey team will accept cryptocurrency as payment for season ticket purchases, sponsorship deals, suite leases, and merchandise next season. It's going to be the first NHL team to accept crypto.

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Tesla CEO Elon Musk Says You Can Now Buy a Tesla With Bitcoin

Elon Musk has revealed that customers can now purchase Tesla cars with Bitcoin as the mode of payment.

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.

TBD's Block Launches c= to Enhance Bitcoin Lightning Network

TBD's Block Launches c= to Enhance Bitcoin Lightning Network

TBD, a division of Block, has launched c=, a venture aimed at improving the Bitcoin Lightning Network by providing added liquidity and routing services. The Lightning Network is a layer 2 payment network designed to make Bitcoin more accessible through faster, cheaper, and more reliable transactions.

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to highlight a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin. After asking why BCH was preferred over BTC, Ver was accused by popular YouTube Bitcoin influencer Tone Vays and trader Willy Woo of paying for Bitcoin’s omission.

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

Turkey Leveraging Blockchain to Break US Dollar and SWIFT Dominance

In an effort to break economic ties with the United States and escape the US Dollar dominance of the global markets, Turkey is adopting blockchain and cryptocurrency at a greatly accelerated rate.

MoneyGram Continues to Receive Millions in Development Fees From Ripple

MoneyGram Continues to Receive Millions in Development Fees From Ripple

Ripple continues to pump money into MoneyGram remittance services in market development fees as compensation for providing liquidity to its ODL XRP network.

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

Tesla Inc Purchases $1.5 Billion in Bitcoin and Plans to Begin Accepting BTC Payments

As per the US SEC filing announced on Monday, February 8, Tesla has invested $1.5 billion into Bitcoin and intends to accept the crypto payments.

Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO

Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO

It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

ECB President Lagarde: Digital Euro CBDC Will Complement Not Substitute Cash

Christine Lagarde, President of the European Central Bank (ECB), said that a CBDC or digital euro would most likely work in tandem with fiat currency, not replace it.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

Luxury Hotel & Resort Group Pavilions Welcomes Bookings in Over 40 Cryptocurrencies

Luxury Hotel & Resort Group Pavilions Welcomes Bookings in Over 40 Cryptocurrencies

Luxury hotel and resort group Pavilions now accepts cryptocurrency bookings in over 40 virtual currencies, becoming the first international luxury boutique hotel group to embrace cryptocurrency for reservations.

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI"

The Financial Stability Board (FSB) has announced its 2024 Work Programme, focusing on crypto regulation, AI, and digital innovation, aiming to enhance global cooperation and stability in finance.

Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong Firm Prima Asia to Launch Blockchain Payment in APAC

Hong Kong-based startup Prima Asia Limited said it will launch innovative blockchain payment technology in the Asia-Pacific region this year.

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.

Visa Integrating Cryptocurrency Services into Brazilian Banks

Visa Integrating Cryptocurrency Services into Brazilian Banks

Visa is further expanding its cryptocurrency services. The payment giant firm is working in Brazil to integrate cryptocurrency services into the local banking system.

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method

Litecoin Trading Volume Spikes 55% After Pornhub Adds LTC As New Payment Method

The transaction volume of Litecoin spiked by 55% two days after Pornhub added LTC as a new mode of payment.

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO Reveals the Firm Will Consider Accepting Bitcoin as Payment

Uber CEO has said that the company is open to accept Bitcoin as a means of payment, but won’t purchase the cryptocurrency for its corporate balance sheet.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Women in Payments CEO Answers: Could Facebook Libra Be a Huge Threat to Visa and Paypal?

Women in Payments CEO Answers: Could Facebook Libra Be a Huge Threat to Visa and Paypal?

Kristy Duncan, the CEO of Women in Payments the company in 2012, looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally. In our interview with Duncan, she shared with us the changing payment landscape with the emerging technologies in the sector.

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

Bank of Korea Prepares for 2024 Public Trial of Its Central Bank Digital Currency

The Bank of Korea, South Korea's central bank, is setting the stage for its first public trial of a Central Bank Digital Currency (CBDC) in 2024.

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

Facebook and Calibra Head David Marcus: What Problems Would Wholesale CBDCs Even Solve?

During a panel discussion at the World Economic Forum which included the topic of Central Bank Digital Currencies (CBDCs), David Marcus, Head of Calibra, highlighted that digital currencies are the key to innovate cross-border payments and solve the issues of the unbanked—regardless of if that digital currency is Libra or not.

Citi Forecasts Major Shifts in Cross-Border Payments Landscape

Citi Forecasts Major Shifts in Cross-Border Payments Landscape

Cross-border payments are expected to rise from $150 trillion in 2017 to over $250 trillion by 2027, marking a $100 trillion increase within a decade. Citi's Global Perspectives & Solutions report highlights the transformative potential of the industry, with 90% of financial institution clients believing at least 5% of market share will transition to FinTechs in the next 5-10 years. Challenges include legacy technologies and regulatory obligations.

Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes

The collaboration will enable Global Payments to provide its customers with the ability to pay using digital assets within the Bakkt App.

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte Tests Remuneration of Its Staff Using Bitcoin

Deloitte one of the most reputable audit firms globally has shown plans of testing BTC payments on its staff for optimal adoption.

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

Luxury Watchmaker TAG Heuer to Accept Crypto Payments

TAG Heuer will accept the payment method after a deal with Bitpay.

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

Venezuelans to Bypass Hyperinflation with Bitcoin-Backed Synthetic US Dollars After Years of Extreme Economic Crisis

A cross-border remittance startup based in Colombia, Valiu has released a new Bitcoin-backed US dollars for Venezuelans to bypass the hyperinflation that has been tormenting their national economy.

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

US National Security at Risk Due to China’s Dominance in Mobile Payments, says former State Department Official

Former Department of State official Anja Manuel warns that if the US loses its dominance in financial innovation and payments, it could impact its national security policy, specifically on sanctions. Manuel stated that China is catching up on dominance in mobile payments, which could make enforcing sanctions against “bad actors” like Iran or North Korea more challenging.

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine to Start Accepting Cryptocurrencies as Subscription Payments

TIME Magazine has partnered with Crypto.com to roll out a crypto payment system for its magazine subscriptions.

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Paypal Crypto Owners Can Now Transfer Tokens to Wallets

Fintech giant Paypal Holdings has upgraded its crypto wallet capabilities. Users of the app can now send supported digital assets to other wallets.

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

JPMorgan Hires Former Microsoft Executive Tahreem Kampton to Its Digital Assets-Related Payments Group

Kampton comes with in-depth professional experience that will enable JPMorgan to develop its digital asset and blockchain division.

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Wealth manager, Sandi Bragar, considers PayPal as the best choice for businesses because of its bet on cryptocurrency.

UAE's Central Bank Nears Launch of Digital Dirham

UAE's Central Bank Nears Launch of Digital Dirham

The UAE's central bank is close to launching its central bank digital currency (CBDC), the digital dirham, for domestic and cross-border payments. The CBUAE has partnered with G42 Cloud and R3 to be the infrastructure and technology providers for the CBDC implementation, which will boost financial inclusion and help the country become a cashless society. The first phase of the CBDC strategy includes the soft launch of "mBridge," proof-of-concept work for bilateral CBDC bridges with India, and domestic CBDC issuance for wholesale and retail use.

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra Association Appoints Former Homeland Security General Counsel to Head Its Legal Services

Libra appoints Stevan Bunnell, former Homeland security department general counsel, as its own general counsel.

Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments

Luxury Fashion Firm Farfetch Begins Accepting Crypto Payments

Farfetch has announced it will begin accepting cryptocurrency payments for its goods and services in the next couple of months

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle's New APIs Simplify Complex Crypto Concepts For Mass Institutional Adoption

Circle Builds Layers of Simplicity over Complex Crypto Concepts for Business to Trigger Digital Adoption

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Google Pay Opens Door to Mainstream Payments for Coinbase's Crypto-Debit Card

Coinbase Card and Google Pay have partnered to increase the liquidity of cryptos and provide a new form of convenient payment options to clients. Coinbase customers now can use their cards via easy mainstream mobile payments.

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain Payment Company Facepay Launches Facepay Crypto Service

Blockchain payments company Facepay Inc. announced the release of Facepay Crypto, bringing cryptocurrency payments to auto stores.

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

J.P. Morgan Creates Onyx Blockchain Unit As JPM Coin Leveraged for Cross-Border Payments

JPMorgan Chase has set the ball rolling by deploying its digital currency, the JPM Coin, for commercial purposes creating a new blockchain business unit dubbed Onyx.

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Polish Crypto Payments Firm Ramp Network Raises $52.7M in Series A Funding

Ramp Network, a Polish-born crypto payments service provider has concluded its Series A funding round, attracting high-profile investors who pumped $52.7 million into the startup.

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit

G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.

Bulgaria to Introduce Crypto Payment Options

Bulgaria to Introduce Crypto Payment Options

The Bulgarian government is currently in discussion with industry stakeholders and the Bulgarian National Bank with respect to its crypto payment initiative.

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Bitpay Announces the First Large Online International Furniture Brand to Go Live

Beliani, a European online home accessory and furniture seller, has inked a partnership with BitPay, a US-based bitcoin payment service provider, to allow buyers make purchases using cryptocurrencies, such as Bitcoin, Ripple, Ether, and Bitcoin Cash, as well as dollar-pegged stablecoins like USD Coin (USDC). This approach will enable shoppers to save 2-3% on every crypto transaction made compared to other payment methods.

Santander Imposes Limit on Crypto Transactions for UK Customers

Santander Imposes Limit on Crypto Transactions for UK Customers

Santander to impose a £1,000 transaction limit on its crypto customers in the UK

Gucci to Accept Cryptocurrency Payments in US

Gucci to Accept Cryptocurrency Payments in US

The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.

Depegging of USDC and DAI Saves Borrowers $100 Million

Depegging of USDC and DAI Saves Borrowers $100 Million

The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spain opposition party- Partido Popular (PP) party has proposed a bill allowing the use of cryptocurrency to pay for mortgage loans.

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit Secures $25M in Series A Led byTether and CMCC Globa

Oobit, a mobile crypto payments app, has closed a $25 million Series A funding round, led by Tether, CMCC Global, Anatoly Yakovenko, and 468 Capital.

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Seven Key Takeaways You Need to Know About Central Bank Digital Currencies

Why are Central Bank Digital Currencies (CBDCs) important? Do we really need them? What are the implications? How will they be designed? Here are seven key takeaways you need to know.

Ripple to Cash In One-Third of its Stake in MoneyGram

Ripple to Cash In One-Third of its Stake in MoneyGram

Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Considers a FEDcoin in Wake of Rising Stablecoin and CBDC Development

Federal Reserve Governor, Lael Brainard said that the Fed is weighing the developments and policy issues in the digital payments sector and experimenting with central bank digital currencies (CBDC) in consideration of potentially issuing it own digital currency.

Paypal CEO Dan Schulman Doubles Down on Crypto Future Potential

Paypal CEO Dan Schulman Doubles Down on Crypto Future Potential

Paypal’s Chief Executive Officer Dan Schulman said he is excited about the future of digital currencies and their inherent role in the payments ecosystem.

Mastercard Enhances Crypto Wallet and Exchange Business

Mastercard Enhances Crypto Wallet and Exchange Business

Payment giant Mastercard announced Tuesday to enhance its function and experiment for cryptocurrency wallets and exchanges to their clients. The card issuer cooperates with multiple crypto enterprises to convert crypto and traditional fiat money more accessible.

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Tesla Reveals Possibly to Resume Bitcoin Payments for Products

Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant, Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in Fintech Sector Expected to Hit $31.4B by 2030

Blockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Announces $100 Million Fund for Generative AI in Commerce and Payments

Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.

The Importance of Embedded Finance in Today's Fintech World

The Importance of Embedded Finance in Today's Fintech World

Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.

Bitcoin Flips Visa Again

Bitcoin Flips Visa Again

Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa CEO Says the Payment Giant Will Add Cryptocurrencies to Its Payments Network

Visa has come out in support of digital currencies and believes that cryptocurrencies have the potential to improve the value of digital payments and create more accessibility.

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

ECB Plans to Lead CBDC Exploration to Unleash Global Power of the Euro

Fabio Panetta, a member of the Executive Board of the ECB, stated in his address to the European Parliament that the ECB intends to remain at the forefront of discussions concerning the nature of money in a digital world, including the exploration of the desirability and feasibility of establishing a central bank digital currency (CBDC).

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.

BRICS Alliance Considers Creating New Currency

BRICS Alliance Considers Creating New Currency

The BRICS alliance, comprised of Brazil, Russia, India, China, and South Africa, is reportedly exploring the possibility of creating its own currency, according to a top Russian official. Alexander Babakov, State Duma Deputy Chairman, stated that the currency could be based on new monetary ties and could be secured by gold and other commodities. The move is seen as a way to distance the BRICS nations from US dollar hegemony and to promote their shared objectives.

Mastercard Survey Suggests that Consumer Appetite for Cryptocurrency Payments Is Surging

Mastercard Survey Suggests that Consumer Appetite for Cryptocurrency Payments Is Surging

Mastercard released a report on May 4 that revealed that there is a growing demand for digital payments.

GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India

GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India

The Bitcoin Rewards app GoSats has partnered with the National Payments Corporation of India (also known as NPCI) to launch a new cash-back reward card in India.

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance

Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!

MoonPay Looks to Fuel Global Expansion With $555M Funding

MoonPay Looks to Fuel Global Expansion With $555M Funding

Crypto payments company MoonPay has raised $555 million in its first-ever Series A funding round, earning the firm a unicorn valuation of $3.4 billion.

Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"

Burger King Brazil Accepts Dogecoin as a Payment Method for Purchasing a Dog Snack "Dogpper"

The Brazilian branches of Burger King, an American premium fast food service company, officially announced yesterday that it will accept Dogecoin as a payment method for the purchase of a dog snack called "Dogpper".

Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Riksbank's Final Report on e-Krona Explores Offline Payment Solutions

Sweden's Riksbank concludes its e-Krona pilot, highlighting the development of offline payment technologies like "shadow wallets" and payment cards.

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web3 industry. Together with the Reap Card, Reap is offering expense management software that will enable web3 companies to settle their fiat payments with cryptocurrencies.

Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant

Worldline and Ingenico Will Merge Creating FinTech Payments Super Giant

French fintech giants, Ingenico and Worldline are merging in a deal worth €7.8 billion to create the fourth largest company in the global financial technologies sector.

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Wirex Moves on From Defunct Wirecard, Secures New Partnership with Railsbank

Crypto service provider Wirex has moved on from Wirecard,. The company has secured a new partnership with Railsbank

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

USL Footballer Alex Crognale Now Receives 15% of His Salary in Bitcoin

United Soccer League (USL) footballer, Alex Crognale now receives as much as 15% of his salary from his club, Birmingham Legion in Bitcoin (BTC).

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”

Crypto Innovations and IBM's Role in the Evolving Payments Landscape

Crypto Innovations and IBM's Role in the Evolving Payments Landscape

The digital transformation of finance, driven by cryptocurrencies and Central Bank Digital Currencies, is reshaping the industry. Traditional banks face challenges in maintaining market share, while regulatory bodies are enhancing oversight. IBM, a tech giant, offers solutions for this new era, ensuring compliance with financial regulations and fostering seamless customer experiences.

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

BIS Survey: 93% of Central Banks Engaged in CBDCs, 15 Retail and 9 Wholesale CBDCs Expected by 2030

The Bank for International Settlements (BIS) has released a survey revealing that 93% of central banks are now engaged in some form of Central Bank Digital Currency (CBDC) work, with retail CBDCs taking the lead over wholesale CBDCs.

Alipay Officially Bans All Bitcoin-Related Transactions

Alipay Officially Bans All Bitcoin-Related Transactions

Alipay, one of the most popular digital payment systems under China’s Alibaba group, officially stated that it would be banning all payment transactions related to Bitcoin and other cryptocurrencies.

Mercari Japan Embraces Bitcoin Payments

Mercari Japan Embraces Bitcoin Payments

Mercari, Japan's e-commerce leader, announces Bitcoin payment integration by June 2024, leveraging its subsidiary Melcoin. This reflects Japan's advanced crypto regulatory environment, fostering digital currency adoption in commerce.

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle Files with The US SEC Intends to Become a National Cryptocurrency Bank

Circle intends to become a full reserve national commercial bank as a part of the potential solution, the company explains its core services heavily rely on third parties that create business risks.

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations

United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.

Ripple (XRP) Check Feature May Soon See the Light of Day

Ripple (XRP) Check Feature May Soon See the Light of Day

The long-awaited Ripple Check may soon be launched as the margin for the needed votes by the network's validators narrows. With the Check feature, institutions and users will find flexibility in money exchange and adherence to compliance.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

Croatia's Top Supermarket Brand Now Accepts Crypto Payments

Croatia's Top Supermarket Brand Now Accepts Crypto Payments

The largest supermarket company in the European nation of Croatia, Konzum, says it is possible to buy all of its products online and pay with one of 9 supported digital currencies.

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

China's Antitrust Agency Urged By the PBOC to Probe Alipay and WeChat Pay

In a move similar to the US antitrust hearing, the People’s Bank of China has prompted the nations top antitrust body to probe Alipay and WeChat

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp to Test Crypto Payments in U.S. by Using Novi Digital Wallet

WhatsApp is getting into the payments game with a new pilot test for sending and receiving cryptocurrency in its mobile app.

Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com

Fireblocks Debut Crypto Payments Engine After Successful Trial With Checkout.com

Fireblocks is expanding its crypto offerings with new payment engine

Switzerland's Canton of Zug Will Accept Bitcoin and Ethereum For Tax Payments From 2021

Switzerland's Canton of Zug Will Accept Bitcoin and Ethereum For Tax Payments From 2021

The canton of Zug in Switzerland plans to start accepting taxes in cryptocurrencies from the beginning of next year.

Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments

Florida Warns Residents About the Rise of Auto Warranty Scammers Asking Crypto Payments

Consumers lose billions worth of US dollars to fraudulent calls every year, and auto-warranty calls are the biggest source of grief. Florida government warns consumers about scam "auto warranty" robocalls.

Stripe Launches USDC Payments via Polygon

Stripe Launches USDC Payments via Polygon

Stripe has begun providing businesses with the ability to pay their customers in crypto through USDC stablecoin.

Ecommerce Giant JD.com Accepts China’s Digital Yuan as Payments on Singles Day Shopping Fest

Ecommerce Giant JD.com Accepts China’s Digital Yuan as Payments on Singles Day Shopping Fest

Top ecommerce JD.com accepted China’s digital currency payments during its 11-day Singles Day sales event.

Bitvo abandons FTX purchase

Bitvo abandons FTX purchase

Bitvo's shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading. The firm emphasized that its operations have not been affected. Bitvo has never owned, listed or traded the FTX Token FTT or "any similar token". The FTX-owned crypto exchange Liquid suspended its fiat and crypto withdrawals on its Liquid Global platform. FTX acquired the Japanese exchange and its affiliates in February 2022.

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

U.S. sanctions: Customers suing Compass Mining

U.S. sanctions: Customers suing Compass Mining

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Ripple Report: Crypto Payments to Save $10 Billion, Speed Up Transactions by 2030

Ripple Report: Crypto Payments to Save $10 Billion, Speed Up Transactions by 2030

Crypto payments are forecasted to save $10 billion and accelerate transactions by 2030, according to a Ripple report.

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple Unlocks 1 Billion XRP From Escrow, XRP Trades Heavy As US Dollar Loses Value

Ripple has unlocked 1 billion XRP tokens and is being heavily traded as the US dollar continues to lose value.

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

The End of Physical Cash is an Inevitable Reality and Not to be Feared Says Union Bank President

As the world tries to come to terms with the coronavirus outbreak, recently Edwin Bautista chief executive and president of UnionBank of the Philippines revealed how digital services could support consumers as they increasingly self-isolate themselves or have to work remotely for an extended timeframe. The fintech leader projected the end of cash as the coronavirus crisis provokes banks to fast track the shift towards digital. But will the end of physical cash become a reality? The trend towards cashless remains inevitable as the current events seem to accelerate this process.

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Faces Trademark Lawsuit in Australia for 'PayID' Infringement

Ripple Labs is facing a lawsuit by New Payments Platform Australia (NPPA) for allegedly violating intellectual property rights for the branding of ‘PayID’.

Portsmouth City Now Opens to Pay Taxes in Crypto

Portsmouth City Now Opens to Pay Taxes in Crypto

England’s Portsmouth has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal app.

BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants

BigCommerce Partners with BitPay & Coinpayments to Enable Crypto Payments for Merchants

Amidst a rise in global demand for alternative payment solutions, BigCommerce provides merchants of all kinds with a scalable solution to accept crypto payments.

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Singapore’s Central Bank and JP Morgan Build a Blockchain System for Multi-currency Cross-Border Payments

Blockchain has been making headlines for quite some time now and banks have been widely talking about distributed ledger technology. Several financial institutions and banks have set up innovation labs to carry out proof of concepts so that to explore modern-day technology. A few days ago, Singapore’s Central Banks and JPMorgan announced that they are working on a blockchain pilot system, which is identified to have the potential to initiate multi-currency cross-border payments.

Brazilian Fintech Firm PicPay Plans to Launch Crypto Services

Brazilian Fintech Firm PicPay Plans to Launch Crypto Services

Brazilian financial technology company, PicPay wants to bring crypto payments to its users by using its app.

Block's Cash App Bitcoin Revenue Falls 7%

Block's Cash App Bitcoin Revenue Falls 7%

Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership

RippleNet Expands Access to Cross-Border Payments in the Asian Market with Thai FinTech Partnership

Thailand-based fintech company DeeMoney has joined RippleNet to process more efficient money transfers with competitive rates and low fees for all of Asia.

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC to Accept Crypto alongside Bitcoin at Movie Theaters before the End of This Year

AMC Entertainment Holdings Inc has disclosed that it will accept a variety of cryptocurrencies as payment for tickets and concession payments at all US theatres by the end of the year.

Dock Plans to Use Cryptos for International Money Transfers: Reuters

Dock Plans to Use Cryptos for International Money Transfers: Reuters

Brazilian financial services platform Dock offers solutions for the entire ecosystem of digital payments and banking. It plans to utilise crypto for international remittances, expanding markets in the Latin American and European regions.

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike Secures $80m in Funding to Propel Instant Bitcoin Payments

Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Leading Vietnamese Bank Joins RippleNet to Boost Cross-Border Remittances

Orient Commercial Joint Stock Bank (OCB), a large Vietnamese bank with assets worth $4.6 billion, has joined RippleNet as a strategic partner after a 10-month wait.

Why A-List Celebrities Are Still Promoting Unvetted NFT

Why A-List Celebrities Are Still Promoting Unvetted NFT

Danis tweeted a picture and website URL that “literally spells out S.C.A.M.”

MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow

MoneyGram CEO Sees Stablecoin As Future of Payments as Service Needs Grow

Stablecoins provide low-cost and easily accessible digital payments across international borders.

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Luxury Miami Condominium Arte Now Accepts Bitcoin and Ethereum as a Form of Payment

Arte by Antonio Citterio, a high-end luxury condominium located in Miami, announced to accept cryptocurrency as a payment method for luxury residences and developments.

Gate Pay and CityPay.io Partner to Bring Cryptocurrency Payments to Georgia

Gate Pay and CityPay.io Partner to Bring Cryptocurrency Payments to Georgia

Gate Pay has partnered with CityPay.io to offer cryptocurrency payment alternatives to over 600 merchants in Georgia, including restaurant chain Wendy’s. The collaboration aims to bridge the gap between Web3 and people’s daily lives.

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink Introduce Twitter Verification for Crypto Payments

Unstoppable Domains and Chainlink, the secure oracle network, have launched a Twitter authentication service for .crypto addresses.

Bank of England Chooses Accenture To Rebuild UK Payment System

Bank of England Chooses Accenture To Rebuild UK Payment System

Accenture has won a tender with the UK’s central bank to assist in building the UK’s new RTGS (real-time gross settlement) service.

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

OCC Says US Banks Can Use Blockchains and Stablecoins in Bank Payments

According to the OCC, regulated banks in the US can leverage stablecoins to conduct payments as well as participate as validator nodes on blockchain networks called INVNs.

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Coinbase's Base 2024 Mission: Pioneering a Global Onchain Economy

Base's 2024 mission focuses on building a global onchain economy, emphasizing decentralization, developer empowerment, a vibrant app ecosystem, and a robust capital market, all while maintaining close ties with Coinbase and the broader crypto community.

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Bahamas’ Sand Dollar CBDC Begins Facial-Recognition Rollout to Authorize Mobile Payments

Millions of Bahamas smartphone users have started using facial recognition technology to authenticate Sand Dollar CBDC payments made through smart devices.

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins

A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.

Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season

Spanish LaLiga Side Espanyol to Accept Crypto Payments Next Season

The Spanish football club Espanyol is breaking the record as the first LaLiga side that will be accepting cryptocurrencies as a form of payment for some of its services.

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify Adds Another Option for Merchants to Accept Payments in Over 1,000 Cryptocurrencies

Shopify adds more than 1,000 cryptocurrencies for its merchants to accept as payment through a new partnership with CoinPayments.

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

Bangladesh Records First Blockchain-Based Remittance with Standard Chartered Bank

The partnership between Standard Chartered Bank, bKash of Bangladesh, and Valyou of Malaysia has given Bangladesh its first blockchain-based cross-border remittance service.

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X to Launch In-App Payment Services by Mid-2024

Elon Musk's X plans to launch in-app payment services by mid-2024, indicating a shift from his previous crypto interests to fiat currency.

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

The decline in the use of physical cash raises important questions about the loss of personal freedom and privacy. As central banks explore the development of CBDCs, the design and implementation of these digital currencies will play a critical role in balancing convenience and personal liberties.

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Western Union Makes Offer to Acquire Cross-Border Payments Firm MoneyGram

Financial giant, Western Union is in discussions to acquire cross-border payments company MoneyGram according to an anonymous source close to the deal.

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association Appoints Former HSBC Executive Ian Jenkins As CRO and CFO Of Payment Systems

Libra Association has announced the appointment of former HSBC executive Ian Jenkins as chief risk officer and chief financial officer of Libra Networks.

UK Barclays Bank Restricts Customers from Sending Funds to Binance Exchange

UK Barclays Bank Restricts Customers from Sending Funds to Binance Exchange

Barclays Bank in the United Kingdom has halted payments to Binance just a few days after the regulator FCA imposed a ban.

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Visa Crypto Executive: CBDC is the Most Important Trend for Future of Money

Central Bank Digital Currencies (CBDC) could be the most important payment trend in development with the most profound effects on our systems of payment and money issuance according to Cuy Sheffield, Visa’s head of cryptocurrency.

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control

Cryptocurrency exchange Binance is facing increasing hurdles in Europe. The financial institution announced to temporarily suspend Euro bank deposits through the Single Euro Payments Area (SEPA) network.

New York State Introduces Bill Allowing State Agencies to Accept Crypto

New York State Introduces Bill Allowing State Agencies to Accept Crypto

The crypto sector has attacked New York's "BitLicense" and crypto mining restrictions.

Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto

Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto

Brazilian Federal lawmaker, Luizão Goulart has proposed a bill that will see both government and private employees receive their remuneration in digital currencies.

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS has signed an agreement with Israel’s fintech startup Credorax to build payment solutions to serve European merchants and banks.

Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Stripe Could Resume Bitcoin Payments, after it Suspended the Service for 3 Years

Irish-American financial services and software as a service company, Stripe is likely to resume its Bitcoin payment services in the near future, a move the company halted back in 2018.

Bitpay Now Supports Binance's Stablecoin For Global Payments

Bitpay Now Supports Binance's Stablecoin For Global Payments

Binance and Bitpay have partnered to enable consumers and merchants to access Binance stablecoin.

Singapore and Cambodia to Explore CBDC to Boost Payments Ecosystem

Singapore and Cambodia to Explore CBDC to Boost Payments Ecosystem

Singapore and Cambodia are notably exploring the use of CBDCs and digital currencies to improve their payment ecosystem efficiency and bolster the growth of startups aboard.

Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments

Ukraine Plans to Pilot CBDC Digital Hryvnia for Salary Payments

Ukraine has announced pilot testing plans for central bank digital currency to pay the national digital currency (CBDC) to its workers' salaries.

Binance Pay and Credencial Payments Join Forces to Enable Real-Time Crypto Payments in Latin America

Binance Pay and Credencial Payments Join Forces to Enable Real-Time Crypto Payments in Latin America

In a strategic alliance aiming to revolutionize the digital payment landscape, Binance Pay, the digital payment platform of the world's largest crypto exchange, Binance, has partnered with Latin American (LATAM) company Credencial Payments.

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Ripple’s Partner Santander Bank Won’t Use XRP for International Payments Due to Low Adoption

Santander Bank, a major European financial presence and one Ripple’s most prestigious partners is reportedly hesitating to add XRP to its international payments network - One Pay FX

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether becomes First Stablecoin to be Integrated into Algorand 2.0 Blockchain

Tether, a reputable stablecoin provider, has incorporated its U.S. dollar-backed stablecoin USDT into Algorand’s blockchain ecosystem. Tether’s presence on Algorand will facilitate block confirmation in less than four seconds and transaction fees will be a fraction of a cent.

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Payments Firm Bolt Scraps $1.5B Proposed Acquisition of Crypto Firm Wyre

Bolt said that it has pulled out of a $1.5 billion deal to buy crypto firm Wyre amid market downturn.

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

Reserve Bank of Australia Meeting Finds No Strong Case for CBDC or e-AUD

The Reserve Bank of Australia has found no strong public policy-case to issue a retail central bank digital currency (CBDC).

What is Ripple (XRP)?

What is Ripple (XRP)?

Founded by RippleLab’s Chris Larsen and Jed McCaleb and released in 2012, Ripple is a global payment system that leverages open-source distributed ledger technology.

Allegations of fraud against Compass Mining after company cuts ties with Russian

Allegations of fraud against Compass Mining after company cuts ties with Russian

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Bybit Launches Debit Card for Crypto Payments

Bybit Launches Debit Card for Crypto Payments

Cryptocurrency exchange Bybit is launching a new debit card that will allow users to make payments and withdraw cash using their cryptocurrency holdings. The card will work with Bitcoin, Ether, Tether, USD Coin, and XRP balances on user accounts and will be issued by payments solutions provider Moorwand.

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

OFAC to Begin Sanctioning Companies Facilitating Ransomware Payments

The OFAC may begin sanctioning US nationals and institutions that help facilitate payments in a ransomware attack.

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

Women in Payments CEO: Less than 5% of VCs Invest in Women-Led FinTech Companies

With a background in engineering, Kristy Duncan, the CEO of Women in Payments started her career in banking and then into the payments industry. Duncan has then been fascinated with the payments market, and is a “payments geek at heart.” She started Women in Payments in 2012, Looking to add value in a different way, to connect, inspire, and champion women who are working in the payments industry globally.

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?

Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.

Signature Bank Launches New Digital Payments Technology Platform—Signet

Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp is Close to Launching Digital Payments in Indonesia

Whatsapp, the Facebook-owned messaging platform has been engaging in preliminary talks with multiple Fintech establishments to launch digital payments in Indonesia.

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

Austrian Telecom Provider Adds Cryptocurrencies to its Payments Network

With A1 Telekom’s move to accept Bitcoin and other digital currencies as a means of payment, Austrians now have more options in digital transaction payments

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook Launches Fintech Product Group F2 to Run Payments Across All its Apps

Facebook has expanded its fintech horizons and announced the launch of a new product group dedicated to payments purposes.

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple: 99% of Respondents Would Consider Using Digital Assets to Process Cross-Border Payments

Ripple’s third annual Blockchain in Payments report identified that blockchain adoption is key to successful growth strategies for financial institutions.

Trending topics