PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

Bitcoin

PYMNTS

NOVEMBER 10, 2020

Scan the headlines over the past few weeks and cryptos, well beyond the marquee bitcoin, are making inroads into mainstream consumer and business activities. Square bought $50 million of bitcoin. PayPal is opening its network to allow consumers to shop using cryptocurrency. The mechanics and clumsiness of it all have not helped.

Cryptocurrency

PYMNTS

OCTOBER 7, 2016

It’s not yet the holidays, but it’s almost Diwali, the Hindu festival of lights, a fitting theme for today’s bitcoin news. billion online during the run-up to Diwali, according to RedSeer Consulting. And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction.

Bitcoin

PYMNTS

FEBRUARY 21, 2020

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. CBDCs are a digital form of traditional money issued and governed by a country’s central bank.

Central Bank

PYMNTS

SEPTEMBER 30, 2016

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

Bitcoin

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. Jack Dorsey Likes Bitcoin, But So Do Crooks . For example, the U.S. A month earlier, the U.S.

Bitcoin

Clearly Payments

AUGUST 24, 2024

According to Visa, tokenized transactions accounted for 85% of all mobile debit transactions in North America in 2023. World Bank data indicates that global remittances reached $794 billion in 2023. World Bank data indicates that global remittances reached $794 billion in 2023.

Debit Card

The Fintech Times

FEBRUARY 29, 2024

. “This transformation aligns with consumers’ growing preference for digital wallet transactions, with forecasts indicating that nearly two-thirds of US smartphone users will use mobile wallet apps monthly, up from half in 2021. ” Bitcoin to accelerate digital wallet growth?

Bitcoin

PYMNTS

SEPTEMBER 26, 2019

Automaker Daimler has completed its first transaction on the blockchain-based Marco Polo network. German bank Landesbank Baden-Württemberg was also involved in the trade. In other news, Lloyds Bank revealed that it is partnering with blockchain platform Komgo “to enable quicker international commodity trade finance.”.

Bitcoin

PYMNTS

JANUARY 13, 2020

The round was led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital, Du Capital and Hanwha Investment and Securities. “We The company that developed the Velo Protocol, Lightnet, has raised $31.2 The company is going to first focus on Southeast Asia.

Blockchain

Fintech News

SEPTEMBER 18, 2024

Integrating cutting-edge technologies The report emphasizes APAC’s innovative payment landscape, which has evolved from QR code payments in China to the integration of AI and blockchain. For example, Visa has been using AI-based technology for risk and fraud management since 1993. of e-commerce payments in 2022 to 4.4%

APACS

PYMNTS

AUGUST 27, 2019

As reported by CoinTelegraph , Switzerland ’s Financial Market Supervisory Authority (FINMA) this week unveiled guidance on the regulatory requirements that govern payments done over blockchain. Separately, FINMA has approved banking licenses for the blockchain service firms Sygnum AG and SEBA Crypto AG.

Blockchain

PYMNTS

JANUARY 19, 2020

Senator Nathan Dahm (R-OK) is sponsoring a bill that would establish a new state-chartered financial institution (FI) centered around blockchain technology, Cointelegraph reported on Saturday (Jan. Chinese bitcoin miners reportedly account for as much as 66 percent “of the global BTC hash rate.” . Russia and Kazakhstan.

Bitcoin

PYMNTS

SEPTEMBER 6, 2019

Sources have said that Sinochem Energy Technology Cois in talks with Royal Dutch Shell and Macquarie Group to build an energy blockchain platform. In other news, cities around Colombia could be getting some new bitcoin ATMs. Colombia is already home to 46 bitcoin ATMs, according to CoinDesk.

Bitcoin

PYMNTS

AUGUST 19, 2016

One minute officials are threatening to punish bitcoin operatives and traders, the next minute they are suggesting that citizens can use bitcoin “in areas where such activities are legal.”. Something’s Afoot In Japan For Bitcoin. Japan seems to be overcoming this hurdle by introducing regulations on bitcoin use.

Bitcoin

Clearly Payments

FEBRUARY 19, 2024

It encompasses a wide array of services and technologies designed to securely and efficiently handle payments, including credit and debit card transactions, mobile payments, online payments, and more. The US eCommerce and online payments market witnessed remarkable growth, generating over $1.1 for online shopping.

Process

PYMNTS

JUNE 18, 2019

The New Rails — The Libra Blockchain. The Libra ecosystem consists of new rails, the Libra Blockchain, built by Facebook engineers, and the introduction of a new programming language, Move, designed to make it more efficient and more secure for developers to create new payments and financial services applications that run on top of it.

Payments

PYMNTS

DECEMBER 7, 2017

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. Security only works if both ends are using the network — and the world is a big place with lots of banks.

Security

The Fintech Times

MAY 26, 2024

Central bank digital currencies (CBDCs), digital money regulated by a country’s central bank, are currently being tested across the world. Yet many central banks have already actioned plans to introduce them. If we cast our minds back to when bank cards were first introduced, we witnessed similar hesitation then too.

CBDC

PYMNTS

JUNE 15, 2017

Goldman Sachs and Baidu-backed blockchain startup Circle have launched an international online money transfer service. More broadly, Circle’s fee-free international money transfer service comes as part of the rise of FinTech to remove the friction — and costs — associated with using mainstream banking and financial services.

Blockchain

PYMNTS

APRIL 14, 2017

Primarily, blockchain technology is being used in the finance world among various monetary entities to securely transfer bitcoins or make monetary transactions. The blockchain itself is an online ledger that allows two parties to exchange an agreed-upon valued means without the use of a third party like a bank.

Blockchain

Fintech News

JANUARY 24, 2024

Digital Treasures Center (DTC) is an enterprise solutions provider offering merchants online services for accepting digital payment solutions, including payment settlement, debit cards, digital wallets, and cryptocurrencies. Paxos is a New York-headquartered financial institution and technology company specialising in blockchain technology.

Service Provider

Fintech News

FEBRUARY 10, 2025

With digital asset adoption surging and financial technology rapidly evolving, blockchain has become both a revolutionary force for economic growth and a tool for illicit activity. In Asia, insurgent groups linked to extremist organisations have reportedly exploited blockchain networks to move funds undetected. billion globally.

Crime

CB Insights

MARCH 27, 2018

When it comes to blockchain technology, there’s a lot of hype. Now some public companies are pivoting away from their core products — be that cameras, diagnostic machinery, or even iced tea — to adopt new blockchain strategies. Live briefing: BLOCKCHAIN TRENDS IN 2018. “I valued my IPO pricing at $5.”

Blockchain

Fintech Review

DECEMBER 3, 2024

The Rise of Digital Wallets and Mobile Payments The proliferation of smartphones in the 21st century ushered in a new era of digital payments. Moreover, mobile wallets often integrate loyalty programmes and discounts, enhancing consumer appeal. Blockchain, for instance, offers decentralised payment systems with increased transparency.

Payment Solutions

PYMNTS

AUGUST 13, 2018

Facebook Wants Access to User Bank Accounts. Facebook has reportedly had conversations with banks about giving Messenger access to user bank accounts. And never mind that consumers aren’t sitting on hold for hours these days with the bank waiting to get updated information on transactions and account balances. billion.

Bitcoin

CB Insights

AUGUST 14, 2018

It was the first example of a smart mobile phone. Onlookers were unsure what this device would compete with: Would it hurt mobile phone makers like Nokia or developers of handheld planners like Palm, who were also trying to enter into the phone space? That will be their role in mobile phones as well.”. Bitcoin/blockchain.

Bitcoin

PYMNTS

JUNE 17, 2016

Silicon Valley has the banking industry in its crosshairs. You want to buy them out,” referring to the banks. Peer-to-peer lenders “match borrowers and lenders directly the way Uber connects passengers and drivers,” as Stripe’s Patrick Collison put it to Stahl as he recited the ways FinTech is disrupting banking.

Bitcoin

PYMNTS

MAY 6, 2019

The notion that Facebook is going to launch and ignite a global payments network, at scale, based on its own branded cryptocurrency and achieve global merchant and consumer acceptance is as likely as the predictions a decade ago that bitcoin and blockchain would, by now, become the internet of money. Something like this.

Online and Mobile Banking

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Contactless payments Related to traditional card payments are contactless or Near-Field Communication (NFC) payments , which take the form of NFC-enabled payment cards or mobile wallets.

Electronic Fund Transfer Act (EFTA)

Wharton Fintech

FEBRUARY 26, 2024

Next big acceleration was mobile, because suddenly you could be online all the time, and being online was always with you. We saw a progressive shift from people interacting physically to first, e-commerce: things coming online, people buying that way. I will go back maybe a decade ago again with blockchain.

Visa

Fintech News

JULY 3, 2024

This announcement came after MAS observed some DPT service providers actively promoting their services through online and physical advertisements or the provision of physical automated teller machines (ATMs) in public areas. This has attracted numerous blockchain and crypto startups to Singapore, further enriching the ecosystem.

Financial Literacy

PYMNTS

AUGUST 2, 2016

Though banks may be the juggernauts in the space at the moment, it is the FinTech upstarts that are expanding the size of the payments market in general and that are about to make a real dent in bank margins. percent and online borrowing at 5.6 Payment services, with … 17.6 percent, insurance services at 7.7

FinTech

The Fintech Times

SEPTEMBER 10, 2024

According to the World Bank , China’s GDP per capita now exceeds $12,700, making it the world’s second-largest economy by nominal GDP, just behind the US. In the financial services sector, major institutions such as China Construction Bank, the Industrial and Commercial Bank of China (ICBC), Bank of China and Ping An Insurance dominate.

FinTech

PYMNTS

DECEMBER 12, 2017

Payments happens online, inside of apps and, increasingly, via a growing portfolio of connected devices, in addition to physical stores. There are wallets and buy buttons and accounts on file at merchants, which customers use to pay online. Seventeen years later, a lot has changed. That is kind of a no-brainer.”. No, of course not.

Payment APIs and Integration

PYMNTS

MARCH 12, 2018

But might there be digital offerings in the wings that will supplant the promise (and peril) of bitcoin and its digital currency brethren? Cooke argued that bitcoin and blockchain have their place and use cases in the world. The central problem of bitcoin and the whole concept of cryptos? “By The future of payments.

Faster Payments

PYMNTS

JANUARY 2, 2017

The spring brought coverage of mobile advertising and payments on the go at food trucks as small, smart device-powered businesses, and in the fall, we looked at the biggest trends in digital security at the annual Money20/20 Conference in Las Vegas. DIGITAL BANKING TRACKER.

ACH