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Visa Greenlights Singapore Prepaid Cryptocurrency Card

PYMNTS

Singapore residents will soon be able to make purchases with a prepaid Visa card backed by the cryptocurrency platform Monaco. This is an important step towards Monaco’s vision to introduce cryptocurrency to the mass market,” said Kris Marszalek, co-founder and CEO of Monaco, in a press release.

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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

PayPal is opening its network to allow consumers to shop using cryptocurrency. But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted. We leverage that information before you get onboarded to get a card.

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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks.

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New US 'Cryptocurrency Enforcement Network' Takes Aim At Bitcoin Scammers

PYMNTS

Bitcoin and other cryptocurrencies are continuing to attract attention from authorities for all the wrong reasons. Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems.

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Gilded’s Cypto Payments Technology Implemented By CoinMarketCap

PYMNTS

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. The technology from Gilded facilitates instant international payments with cryptocurrency and doesn’t charge transaction fees.

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Samsung Pay Launches Debit Card, Money Management

PYMNTS

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology.

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Today In Digital-First Banking: Revolut Rolls Out Goals Feature For Youth; Bank of Korea To Start Piloting Cryptocurrency Distribution

PYMNTS

Revolut is launching its Goals functionality for its Junior savings card and app that inspires youth to save money. The Bank of Korea has indicated that it intends to start experimenting with distribution of its cryptocurrency next year. The first phase had a focus on creating and checking the technology. Wells Fargo & Co.