Wednesday , July 17, 2019

3dcart Enables Online CBD Sales and other Digital Transactions News briefs from 4/11/19

  • E-commerce services provider 3dcart said it and Fort Point Payments now offer services to enable online sales of CBD products. CBD—short for cannabidiol—is a non-intoxicating extract of marijuana.
  • JPMorgan Chase & Co., which began processing real-time payments about a year ago, is “approaching 1 million transactions per month,” according to an executive in charge of the bank’s faster-payments service quoted in Computer Business Review.
  • Binance, said to be the largest cryptocurrency exchange by trading volume, selected CipherTrace to help with its compliance with anti-money-laundering regulation.
  • The New York Department of Financial Services, has now issued 19 virtual-currency licenses with the approval of an application from Bitstamp USA Inc., a unit of Bitstamp Ltd. In 2015, the NYDFS became the first regulatory unit in the United States to issue such licenses.
  • Mercator Advisory Group named Brien Henderson vice president and managing director of sales. Henderson was chief marketing office for KIVA Group, a software provider for financial institutions.

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