Payments Financial News

26.10 / 08:51

business Payments Web3 MasterCard partnership Bitcoin services Mastercard partners with crypto payment firm MoonPay for Web3 services

Global payment giant Mastercard continues exploring cryptocurrency benefits through a new collaboration with crypto payment platform MoonPay.

23.10 / 11:05

Payments MARKET USDC Worldcoin Worldcoin to Stop Using USDC for Orb Operator Rewards – Here's the Latest

The Worldcoin Foundation has announced a major change in the reward system for the Orb device operators: they are now paid in WLD tokens instead of the popular stablecoin USD Coin (USDC).

20.10 / 18:09

business Binance Payments VISA Europe European Union Euro Binance shutting down European Visa debit card in December

Binance Visa debit card services will close down in the European Economic Area (EEA) on December 20, according to an announcement by the cryptocurrency exchange on Oct. 20. Binance accounts will be unaffected.

17.10 / 10:43

Adoption Payments banking Bitcoin Debit Cards Low This new crypto debit card brings low fees and convenience to cryptocurrency payments

Cryptocurrencies offer several advantages to traditional money, including lower costs, faster transfers, and decentralized systems that do not collapse at a single point of failure. Despite these benefits, many people don’t consider digital currencies practical for everyday use. Moreover, the currently available crypto debit card solutions often require tedious transfers and incur high fees, making the process unfeasible for everyday users. Leading crypto exchange Bybit wants to change that, promising to make using cryptocurrencies more convenient and rewarding for users.

16.10 / 11:21

Adoption Payments transport Bitcoin Option Crypto payment option for Honda cars only works via third-party platform

Major automobile manufacturer Honda does not accept cryptocurrency payments directly, but people can use cryptocurrencies like Bitcoin (BTC) to buy a Honda car through a third party.

04.10 / 21:27

Blockchain Adoption Payments Mobile Payments Stellar, PwC publish ‘framework’ to judge emerging market blockchain projects

The Stellar Development Foundation, developers of the Stellar network, released a financial inclusion framework for judging the efficacy of emerging market blockchain projects. The framework was developed in cooperation with consultants PricewaterhouseCoopers International (PwC) and was explained in a white paper published on September 25.

03.10 / 10:51

Adoption Payments VISA Investments Venture Capital generative AI Future of payments: Visa to invest $100M in generative AI

Globalpayment giant Visa is raising its bet on artificial intelligence (AI) in commerce and settlements by setting up a new fund to invest in generative AI ventures.

30.09 / 06:29

business cryptocurrency Payments businesses Integrating cryptocurrency payments: A comprehensive guide for businesses

payments offer all of this and more. As businesses embrace the digital revolution, the potential benefits of incorporating cryptocurrencies are becoming increasingly evident. Whether you're a small online retailer or a multinational corporation, integrating cryptocurrency payments into your business model can open up a world of possibilities. This comprehensive guide is here to demystify the concept of cryptocurrencies and provide you with a roadmap to successfully navigate the integration process.

29.09 / 12:11

Ethereum Payments wallet Web3 identity Digital identity in crypto: A conversation with XGo ID and ENS

Cointelegraph’s latest X Space gathered Web3 experts to discuss the challenges of building innovative blockchain projects, the convergence of Web2 and Web3, and ways to lower the barriers to entry in crypto. The invited speakers were Khori Whittaker, executive director at ENS Labs (Ethereum Name Service) and Josh Cowell, head of product at XGo ID.

26.09 / 17:45

Blockchain Payments Tokens Middle east Cross-border Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments

Bahrain-based Bank ABC will use JPMorgan’s Onyx Coin Systems for blockchain-based cross-border payments in a soft, or limited, launch. The new service will be more cost effective and reduce settlement times relative to traditional solutions.

26.09 / 13:11

business Adoption Payments coinbase applications exchanges ‘Massive’ crypto use cases to surface by 2030 — Coinbase exec

Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains.

22.09 / 14:21

business Stablecoin Adoption Payments Investments Trading safe Stablecoin exodus: Why are investors fleeing crypto’s safe haven?

In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen the market dominance of stablecoins drop to 11.6%.

21.09 / 10:07

business hacks Payments Mt. Gox Bankruptcy Bitcoin Mt. Gox Bitcoin repayment: The day that never comes

Mt. Gox’s infamous 2014 security breach — that lost 850,000 Bitcoin (BTC) of investors’ funds — resulted in its users embarking on a seemingly never-ending, decade-long pursuit of closure via funds reimbursement.

21.09 / 09:03

business Payments Fiat Money Bitcoin Crypto payment firm Alchemy Pay wins money transmitter license in US

Cryptocurrency payment gateway Alchemy Pay is expanding its global presence after securing a major payment license in the United States.

20.09 / 18:47

business Stablecoin Payments PayPal Dollar PayPal rolls out PYUSD stablecoin to Venmo users

Major United States-based payment processor PayPal has announced its PYUSD stablecoin is now available on Venmo.

18.09 / 19:59

Blockchain Citi Payments Tokens Central Bank services Customers Citi Token Services will provide payments, liquidity to institutional customers

Citigroup has introduced Citi Token Services, a private, permissioned blockchain that offers cross-border payments, liquidity and automated trade finance solutions to institutional clients. The new services “will integrate tokenized deposits and smart contracts into Citi’s global network,” according to a statement.

15.09 / 11:41

Payments PayPal Banks FinTech Bitcoin Financial Crypto payments vs. traditional systems: Navigating the future of financial transactions

In the evolving financial landscape, as cryptocurrency adoption surges in a more favorable market environment, we find ourselves at a critical juncture, pondering the boundary between centralized and decentralized financial ecosystems. Traditional finance (TradFi), fortified by regulatory mechanisms, is locked in a pitched battle with the rapidly growing crypto community, which is championing the principles of decentralization and resistance to censorship. This isn’t just a battle, it’s a time of transition. Both sides understand that the other is not going away any time soon.

14.09 / 12:31

Blockchain Payments security Lightning Network How To network How to identify and protect against routing attacks in the Lightning Network

Payment channels in the Lightning Network enable users to conduct transactions without having to log each one on the Bitcoin blockchain, which lessens congestion and costs.

14.09 / 11:49

Payments wallet Latin America Career Africa Stellar expansion MobileCoin Appoints New CEO for Global Expansion of Crypto Payments

MobileCoin, a privacy-focused payments network and the builder of Signal's crypto payments feature, has moved its chief technology officer, Sara Drakeley, into the chief executive officer position.

12.09 / 16:09

business XRP Payments Analysis Opinion swift Ripple is staring down an opportunity to fix its closed system

In July, a United States judge ruled that Ripple Labs’ XRP (XRP) token was not a security when sold to the public on secondary markets. While the Securities and Exchange Commission will contest the decision, the broader cryptocurrency community has embraced it, as crypto trades on exchanges might sidestep the securities transaction label.

12.09 / 14:05

Adoption Payments Lightning Network lightning Bitcoin Bitcoin Price Privacy prevails and cypherpunks write code at Baltic Honeybadger

Bitcoin’s spirit animal is the honey badger. Bitcoin evangelist turned Bitcoin Cash promoter Roger Ver first popularized the meme in 2013 when he paid $1,500 a month for a billboard in California to display “Bitcoin is the Honey Badger of Money.”

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