PYMNTS

JANUARY 26, 2021

Bitcoin gets all the headlines. But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow.

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PYMNTS

NOVEMBER 4, 2020

Square has said there are 7 million monthly active users of its Cash Card (double from the same period in the previous year) and stored funds surged 86 percent. As to the great digital shift: Management noted on the last earnings call that GPV from online channels was up more than 50 percent year over year to 25 percent of GPV.

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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. And bitcoin purveyors and exchangers are eyeing an emerging eCommerce market in India that might offer the right components for traction. So, what’s going on with bitcoin in light of Diwali?

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PYMNTS

APRIL 22, 2019

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Amazon itself does not handle the bitcoin, and Kruger didn’t say which financial institutions are converting it from crypto to fiat (real currency) so that merchants receive actual money.

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PYMNTS

APRIL 28, 2020

Rich brings unquestioned integrity, legal acumen, and management experience to DFS,” Lacewell said in the announcement. He led a team of more than 3,500 while there, managing complicated financial crime probes involving digital currency, among other matters. Weber led high-profile investigations into Silk Road and FIFA.

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PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. consumers interested in applying for its new Coinbase Card, a Visa debit card that enables users to use their Bitcoin or other crypto holdings to shop online and in stores, in addition to converting their cryptocurrencies to cash at the ATM.

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PYMNTS

NOVEMBER 2, 2020

In today’s top news in digital-first banking, BlockCard is teaming with peer-to-peer (P2P) bitcoin marketplace Paxful for a new crypto debit card, while the Federal Reserve Board has modified the terms of its Main Street Lending Program (MSLP). Ternio’s BlockCard Teams With P2P Bitcoin Marketplace Paxful for Crypto Debit Card.

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PYMNTS

MARCH 18, 2020

CoinZoom has officially rolled out an exchange and a CoinZoom Visa card, according to an announcement. The card, which is directly connected to client accounts, lets clients instantly change their digital currency balances to fiat that they can spend at merchants around the globe.

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PYMNTS

JUNE 19, 2019

Through our work related to the EEA and TTI, we have identified several opportunities for Microsoft to lean in and contribute code in project areas such as tokens, ledger integration, and developer experience,” Marley Gray, principal program manager of Azure blockchain engineering, wrote in a blog post.

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PYMNTS

DECEMBER 11, 2018

BitPay has announced that OneGold, a marketplace that combines the benefits of gold and silver with blockchain-based digital assets, is now accepting bitcoin and bitcoin cash. When they started OneGold, we were ready to help them accept Bitcoin and Bitcoin Cash through BitPay.”.

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PYMNTS

MAY 5, 2020

David Olsson will serve as global managing director of European and Asian markets, while Wittney Rachlin will serve as chief growth officer. Olsson will be tasked with expanding the institutional services of BlockFi, supervising sales strategy, business development and risk management throughout Asian and European markets.

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PYMNTS

OCTOBER 8, 2020

In today’s top news, Big Tech slammed the House antitrust report, and credit card debt has fallen for the sixth consecutive month. Americans Pull Back On Credit Card Borrowing. Americans cut their credit card balances in August for the sixth consecutive month, the Federal Reserve System reported. Revolving debt declined by $9.4

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PYMNTS

JULY 14, 2020

Blockchain firm Binance has launched the Binance Card in Europe, which lets users convert multiple cryptocurrencies to fiat to spend at more than 60 million retailers, according to an announcement. Binance said the card lets cryptocurrencies stay in their “native form” up to the time that a point-of-sale (POS) transaction takes place.

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PYMNTS

SEPTEMBER 29, 2017

Travel management company Gant Travel is helping companies pay for business trip reservations via virtual payments. 28) that it is rolling out GantCoinSM, a payment solution that lets business travelers pay for hotel reservations made via Concur Travel , phone or email with a virtual card. The company announced news on Thursday (Sept.

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PYMNTS

DECEMBER 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue virtual cards for the online business expenses for employees. . Aeldra’s U.S.

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PYMNTS

SEPTEMBER 23, 2016

Now You Can Trade Bitcoin Any Time. The Winklevoss twins want to trade bitcoin, and they want to do it now. Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., The price of bitcoin reached $607.31

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PYMNTS

JULY 13, 2017

Bitcoin came onto the scene nearly a decade ago in 2009 and has slowly been making strides in the financial world ever since. What makes it unique is that it was developed and is managed by cryptocurrency, which has no central authority. Over the last few months, bitcoin’s value has increased significantly.

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PYMNTS

JANUARY 31, 2020

And finally, there’s bitcoin, which has seen its use, transacting, trading and popularity fall off of late — except for among one group: criminals. For Chinese consumers, the partnership will allow any UnionPay consumer to link their card credentials to a PayPal wallet — and start transactions with PayPal’s 24 million merchants worldwide.

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PYMNTS

OCTOBER 31, 2017

The use of Bitcoin as a form of payment has been banned in Vietnam , according to Monday (Oct. The country’s state bank ruled that all cryptocurrency, not just Bitcoin, was an invalid form of payment. Vietnamese Prime Minister Nguyen Xuan Phuc has issued orders to develop legal structures to manage cryptocurrency, ZDNet noted.

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PYMNTS

DECEMBER 8, 2017

It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. The others, however, are working with more cutting-edge tech, including bitcoin and artificial intelligence (AI), and just so happened to see the largest funding rounds of the week. Expense Management.

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PYMNTS

NOVEMBER 2, 2017

Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. “We believe that the Monaco card program lays solid foundation for Monaco’s growth, and we’re grateful to all partners for their support. With perfect interbank exchange rates, and 0.75

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PYMNTS

JANUARY 26, 2017

The IRS has been using a John Doe summons to get access to taxpayers’ bitcoin information and is now using the same tactic to get debit card information. that may have offshore accounts created by Panamanian company Sovereign Management & Legal LTD. that received a Sovereign Gold Card debit card from 2005 to 2016.

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PYMNTS

FEBRUARY 26, 2020

Square has posted Q4 earnings results , showing continued evolution from the firm’s roots 11 years ago as a point-of-sale payments processor with on-site card readers toward — what management described as — an “ecosystem” tying sellers and consumers together across a digital platform that includes capital loans and payment apps.

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PYMNTS

JUNE 24, 2019

Target endured a 90-minute register outage on Sunday, June 16, leaving the retailer unable to process cards or any other form of payment in its stores across the entire chain. Bitcoin Booms — Thanks to Facebook’s Libra. The last time bitcoin got close was about a year ago in May 2018 — but it never managed to quite close the gap.

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PYMNTS

FEBRUARY 23, 2019

Because, as it turns out, Venmo might just be able to help cure a broken heart (or make one worse), the big bitcoin price drop might have been a boon for cybersecurity, and Girl Scout cookies might just be the reason you see more healthy eating options advertised over the next few weeks. Bitcoin’s Price Busts, So Hackers Change Tactics.

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PYMNTS

AUGUST 5, 2020

Gaherity recounted to PYMNTS that through the past few decades, Coinstar has broadened its reach and scope through partnerships beyond its initial product that focused on e-gift card products and charitable donations. Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer.

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PYMNTS

JULY 29, 2016

More importantly, cash is actually the preferred currency of illegal transactions and terrorist financing; so while the effect of this proposal may not do much for terrorism or money laundering, it is likely to increase the friction associated with bitcoin transactions. Is The Bank of Japan Helping Bitcoin ?

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PYMNTS

MAY 3, 2019

In other news, the New York Police Department (NYPD) has issued a warning about phone scammers pretending to be Social Security Administration officials and requesting payment in bitcoin, prepaid gift cards, and bank wire transfers.

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PYMNTS

SEPTEMBER 12, 2016

While it’s not hard to foresee the CFPB fining a bank in any given week, the fact that one of the biggest banks in the country had employees creating scores of fake credit card and bank accounts was something that was hard for anyone to truly predict was in the offing. Dunkin’ Donuts Now Buyable With Bitcoin. Need to know more?

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Banking Exchange

JUNE 19, 2019

With the introduction of Facebook’s Libra cryptocurrency, Bitcoin has just officially been given an expiration date The Economy Technology Payments Tech Management Mobile Online Cards Blockchain Fintech Feature Financial Trends Feature3.

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PYMNTS

NOVEMBER 30, 2018

According to The Next Web , Jared Rice defrauded investors out of $4 million after he claimed the company would become the “first decentralized banking platform” — offering FDIC -insured accounts and banking services, as well as Visa -branded credit cards and other cryptocurrency services.

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PYMNTS

FEBRUARY 28, 2018

Within that services segment, Cash App posted strong growth as consumers armed with Cash Card spent about $90 million in December alone. Oh, yes: Bitcoin. The company illuminated that bitcoin can be bought and sold through Cash App. Cash App sported seven million monthly active customers.

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PYMNTS

OCTOBER 23, 2020

SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported. Our model is different from that of most accelerators,” Ovadia, who manages the accelerator, told Globes.

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PYMNTS

JULY 21, 2020

Crypto enthusiasts proclaim that you can front the best-known players like bitcoin or the most obscure blockchain-backed currencies circulating the world and tap into the future of money. Even bitcoin is accepted by only a relative handful of digital retailers. Dhamodharan said that’s impossible to say from the outset.

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PYMNTS

JUNE 12, 2018

Wells Fargo has also decided to ban its customers from buying crypto using its credit cards — at least for now, Bloomberg reported. Though Ethereum does not have a cap on the number of coins that can be mined, bitcoin supply is limited to 21 million coins. ” A regulator in the U.K.

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PYMNTS

AUGUST 5, 2016

Consumers always have their debit card handy and and can provide that number to a sender – knowing that if something goes wrong they are protected. So, we all know this – chip cards were not going to fix the problem of fraud at the POS. Bitcoin’s Big Summer Fizzle. Depends on who you ask. Unencrypted POS Data.

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PYMNTS

NOVEMBER 12, 2020

Mastercard’s Vocalink’s clearing and settlement solution supports Payments Canada requirements, including ISO 20022 and the Bank of Canada’s risk management standards. “As The system will also act as a “platform for innovation” to advance new solutions and services.

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