PYMNTS

SEPTEMBER 20, 2020

It is designed to settle payments within seconds, and to work with multiple assets and asset classes, unlike previous incarnations, according to the release. The news comes after the recent decision by the Office of the Comptroller of the Currency (OCC) to let banks offer crypto services.

Office of the Comptroller of the Currency

Segpay

MARCH 24, 2025

UIGEA restricts international payment processing for illegal gambling. What are the Implications for Payment Companies? Australia: PSPs working with gambling operators must comply with AUSTRAC reporting and ensure licensed status before processing payments. Casinos file SARs (Suspicious Activity Reports) with FinCEN.

Compliance

CB Insights

FEBRUARY 16, 2021

They could benefit a plethora of industries and individuals that need to make international payments quickly and securely, from migrant workers that need to send money back to their families, to big businesses looking for a cheaper and more efficient way to provide payments to overseas suppliers.

Stablecoins