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Blockchain Technology Not Suitable for Visa’s Core Business

Bank Innovation

At the JPMorgan Technology, Media and Communications conference in Boston yesterday, Kelly said: Remember blockchain actually is not very good about facilitating low-value high-volume scale transactions, which is the core of what we do. […].

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. Building The (Retail) Use Cases.

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Bitcoin Daily: Ripple’s $29M Charity Donation, Bitcoin’s ‘Death Cross’

PYMNTS

In investment news, Boston-based Flipside Crypto notched $3.4 The company plans to use the funding to develop tools and algorithms that scan the online crypto market and serve as the basis of its investment recommendations. And technology eCommerce retailer Newegg is now accepting bitcoin for customers in Canada, CCN reported.

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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. The Fed survey also found that about 20 percent of respondents reported switching to paying online or over the phone for items from restaurants and big-box stores.

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SEC Charges Two Firms With ICO Violations

PYMNTS

According to the Securities and Exchange Commission (SEC) press release issued on November 16, the two technology companies agreed to register their digital token offerings as securities and to pay back investors. It also signals an increase in the SEC’s oversight of the cryptocurrency market.

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Five At Five: Mastercard Makes A Biometric Bet

PYMNTS

As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Cardholders can now register their fingerprints onto a biometric card at home through the new technology, the company said in an announcement. Regulators in the U.S.

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Mobile Payments: What’s In It For Me?

PYMNTS

According to Andrea Boetti, vice president of global business development at Fortumo, although Asia has the highest growth in online content consumption, digital merchants often have difficulty collecting payments because many consumers do not have a credit card. Carrier billing allows uses to make online payments. But In the U.S.,

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