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Doubt, Confusion, Confidence: Where Crypto Stands In B2B Payments

PYMNTS

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the development of the JPM Coin, the first bank-backed cryptocurrency in the U.S.,

B2B
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Alchemy Pay Joins Force with Worldpay from FIS to Provide Leading Checkout Experience

Fintech Finance

Through the partnership with Worldpay, Alchemy Pay aims to significantly enhance its global presence by reducing the barriers associated with buying and selling cryptocurrencies and NFTs. Notably, in 2022, Worldpay achieved the distinction of being the first global merchant acquirer to provide direct settlement in USDC.

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New York State Of (Cybersecurity) Mind

PYMNTS

Financial services companies located within New York are covered by what is known as Part 500, but then again, so are the third-party service providers scattered across the globe that work with those New York-based entities.

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Basel Committee Establishes Policy and Supervisory Initiatives For Banks’ Exposure to Cryptoassets

The Fintech Times

The principles would supersede the current guidance on outsourcing in financial services with respect to the banking system. The updated principles reflect the evolution of a larger and more diverse environment of third-party service providers and would help provide a common baseline for banks and supervisors in managing third-party risks.

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Debitum Network Tests Blockchain Financing Tech

PYMNTS

The company will also look to connect with third-party service providers that want to participate in the small business financing process, including debt collection and insurance companies. last year.

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How Blockchain Tech Could Disrupt Real Estate

CB Insights

Data is encrypted and stored on a blockchain, which means Imbrex does not control it and cannot alter it — contributed data is controlled solely by the listing party. Imbrex is reportedly planning to launch smart contract-enabled transactions using its own cryptocurrency. Imbrex’s platform. Source: Imbrex.