PYMNTS

DECEMBER 26, 2019

Chinese technology company Tencent has announced it’s going to start researching cryptocurrency and its implications for an ongoing project in blockchain, according to reports. Tencent is also currently looking for a leader of the research group.

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PYMNTS

JULY 5, 2017

The Hive Project, a company that uses cryptocurrency and Ethereum blockchain for trade financing , has launched its platform. Our platform will dramatically streamline invoice issuance and settlement processes, optimizing small and medium enterprises’ ability to access liquidity for day-to-day operations and to finance expansion.”.

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PYMNTS

MAY 20, 2020

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

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PYMNTS

DECEMBER 19, 2017

Cryptocurrency holding company Integrated Ventures wants to disrupt the lending industry with blockchain. In a statement, the firm’s CEO, Steve Rubakh, said CryptoFunder is the company’s first step into the world of blockchain technology after initiating digital currency mining operations.

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PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. FIs themselves struggle with fully understanding how this industry operates, too.

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PYMNTS

JUNE 29, 2020

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s Last fall, the Libra Association petitioned the Swiss Financial Market Supervisory Authority ( FINMA ) for a Swiss payment system license for its planned cryptocurrency.

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PYMNTS

JULY 21, 2020

Crypto boosters have spent the better part of the past decade promoting the idea that great fiat-currency disruptions are coming care of blockchain and literally hundreds of thousands of variations of cryptocurrency circulating in the world today. Or at least they didn’t until now. Crypto’s Path To Spendability.

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CB Insights

AUGUST 16, 2021

Taxbit, a cryptocurrency tax software provider, has raised $130M in an extended Series B that drew participation from Insight Partners and Institutional Venture Partners. Utah-based TaxBit is a developer of cryptocurrency tax software. HOW’S THE COMPANY PERFORMING? The company has a current employee count of approximately 100.

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PYMNTS

DECEMBER 24, 2020

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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PYMNTS

NOVEMBER 19, 2020

While recognizing that digital currencies do pose risks, including the possibility of imposing “a macro-economic cost,” Haldane argued that a digital currency could mitigate technological constraints on lending, provide additional payments security, and increase stability. “I Freeman allegedly worked with five co-conspirators.

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PYMNTS

MAY 6, 2020

Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. Cryptocurrency still isn’t recognized by the Central Bank of Ireland as a legitimate form of payment.

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PYMNTS

FEBRUARY 18, 2019

Cryptocurrency has come a long way since bitcoin’s emergence as an unregulated, anonymous payment technology. Perhaps the most poignant moment in this evolution came about last week when JPMorgan Chase announced the development of the JPM Coin, the first bank-backed cryptocurrency in the U.S.,

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Bank Innovation

MAY 17, 2018

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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Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Today’s pig butchering scams usually involve investment schemes and cryptocurrency fraud. Would you like other articles like this in your inbox?

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PYMNTS

JANUARY 6, 2021

In other news, slot machine players may soon be able to play casino games using cryptocurrency, according to Bloomberg. IGT secured this patent to bolster its industry-leading patent portfolio in anticipation of any possible future direction in regulated gaming involving cryptocurrency,” company spokesman Phil O’Shaughnessy told Bloomberg.

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PYMNTS

DECEMBER 2, 2020

Facebook's cryptocurrency project on Tuesday (Dec. Diem Networks will operate the actual payments system, which will oversee a new currency called the Diem Dollar. “We Goodbye Libra and hello Diem. 1) unveiled a new name as it seeks to put some distance between itself and its powerful but controversial Big Tech sponsor.

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Gonzobanker

MARCH 9, 2022

The unicorns of core banking systems have been running wild the past few weeks, and these frothy deals signal a future shift in how executives should view the world of financial technology. Through all the fun of bank techies getting rich and new players throttling old models, bank technology is still a gritty mess of hard work.

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TheGuardian

FEBRUARY 14, 2023

Raids target machines hosted around Leeds believed to be offering to buy or convert traditional currencies Authorities have raided several sites around Leeds as part of what is believed to be the UK’s first crackdown on illegally operated crypto ATMs.

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Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. Innovation is expensive. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

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Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. Innovation is expensive. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

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PYMNTS

JANUARY 22, 2020

Square , the payments provider operated by Twitter CEO Jack Dorsey, won a patent to debut new tech, allowing users with different assets to transfer payments, including crypto-to-fiat transactions. Letting crypto-to-fiat payments flourish will give cryptocurrencies a boost. Square also announced on Tuesday (Jan.

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PYMNTS

FEBRUARY 20, 2020

People flying with Norwegian Air will soon be able to pay for their flights with cryptocurrency, according to CoinDesk. The plan was always to incorporate cryptocurrency as a form of payment for flights. The project garnered more than $20 million during its initial coin offering in 2017, raising the money in only a matter of moments.

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PYMNTS

NOVEMBER 25, 2019

Singapore-based BCB Blockchain announced that it has launched a $300,000 fund to support incubators and startup accelerators in the Philippines under the Department of Science and Technology (DOST). In other news, OKEx , the world’s largest futures cryptocurrency exchange, announced four major partners for OKB, its global utility token.

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PYMNTS

OCTOBER 16, 2019

Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help guide and foster oversight of Facebook’s proposed cryptocurrency. The company said that a good portion of the 2,600 cryptocurrencies available right now don’t do that at all.

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PYMNTS

NOVEMBER 30, 2020

Pizza Hut will now accept cryptocurrency as a form of payment at its stores in Venezuela, Cointelegraph reported. 27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin.

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PYMNTS

DECEMBER 11, 2020

AML automation is a breakthrough technology for many businesses, enabling them to be compliant with federal regulations while avoiding the tedious and expensive manual effort of inspecting every transaction for potential violations,” the Tracker states.

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PYMNTS

JULY 22, 2020

The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release.

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PYMNTS

JANUARY 28, 2021

With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Initially, businesses began to dabble in crypto with an experimental approach to the technology. But it may not be smooth sailing ahead.

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PYMNTS

AUGUST 23, 2020

21) to operate a virtual asset trading platform, according to a press release. OSL, a member of BC Technology Group, will be allowed to operate a brokerage and trading platform for digital assets, such as security tokens, the release stated. Asian digital asset platform OSL was given initial approval Friday (Aug.

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PYMNTS

SEPTEMBER 18, 2018

EOS refers to “a decentralized operating system [that] is developed to support decentralized applications in commercial scale by providing them [with] all the essential support and features,” as per one common definition. The EOS token is taken as a cryptocurrency in ICO.”. Bitcoin , however, is far behind, taking 17th place.

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PYMNTS

AUGUST 23, 2019

One common criticism of bitcoin and other cryptocurrencies is that — beyond the wild price swings and uncertain regulatory climate — the digital coins are not widely accepted by merchants on any grand scale. In simple terms, SPEDN processes transactions made with cryptocurrencies such as bitcoin, Ethereum and Litecoin, among others.

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CFPB Monitor

OCTOBER 25, 2021

In just his first full week as CFPB Director, the CFPB sent orders to six technology platforms offering payment services directing them to provide information to the Bureau. for a transaction to be covered and transactions in or enabled by cryptocurrency are included.) “C2C” means both domestic U.S. to consumers outside the U.S.

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PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. In Hong Kong, 39 percent of new FinTech firms launched in the last year are now operating via blockchain, Cointelgraph reported.

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PYMNTS

SEPTEMBER 18, 2020

Combining these elements, we are creating a broad platform with faster technology and smarter and better services that the industry can trust as a foundation for innovation towards their own end-clients," he added. EVO Payments Wields Visa Rails for Merchants. VSoft Debuts Real-Time Platform. BitPay Secures Wyre Integration.

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CFPB Monitor

JUNE 3, 2021

Ballard Spahr Senior Counsel Alan Kaplinsky hosts the conversation. Click here to listen to the podcast.

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PYMNTS

AUGUST 28, 2019

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies. “In The current policy is a non-policy.

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PYMNTS

NOVEMBER 9, 2018

Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset holders who were allegedly victims of “SIM swapping.”

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