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Bitcoin Daily: Binance Denies Reports Of Police Raid; Blockchain Expands To Gaming Payments

PYMNTS

Paris-based Ultra , which has created its own blockchain, announced that French video game giant Ubisoft will become the first major gaming system to test out payments on its blockchain for gamers. The population of the country sees these capital controls are put in place, and then they’re going to look for a way around it.

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Governments Sending Mixed Signals On Blockchain

PYMNTS

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

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Ripple Closes $55 Million Venture Capital Round

PYMNTS

” Existing Ripple investors include GV (Google Ventures), Andreessen Horowitz, IDG Capital Partners and Jerry Yang’s AME Cloud Ventures. Ripple is the only provider of enterprise blockchain solutions and counts 15 of the top 50 global banks as customers. Ripple has received a total of over $93 million in funding.

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More Bank-Fintech Partnerships Emerge as Groups Embrace Digital

Banking Exchange

Customers Bank, Capital Bank and Community 1st Credit Union among the latest to embrace financial technology Technology Financial Trends Payments Feature3 Fintech Feature Lines of Business Tech Management Mobile Online Cards Blockchain PPP Covid19 Community Banking.

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Veem Grows Multi-Rail B2B Payment Capabilities

PYMNTS

The company said that the advancements will better the method in which firms make and receive payments domestically and internationally, "following a successful year of growth for the financial technology firm," according to the announcement.

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GAO: FinTech Firms, FIs Seek Alternative Data Clarity In Lending

PYMNTS

Separately, the Securities and Exchange Board of India (SEBI) is in the midst of plans for a “sandbox” that will help boost FinTech efforts for capital markets, as reported by The Hindu. The news outlet quoted SEBI Chairman Ajay Tyagi late last month that blockchain may pose challenges for exchanges and financial firms. “We

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Mastercard Adds More Startups To Its Accelerate Program

PYMNTS

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. billion in post-program capital and collaborate with Mastercard, major banks, merchants and other high-profile organizations,” Mastercard said.

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