Digital Transactions Authoritative, insightful and timely information for payments professionals
Acquirers in Visa Blockchain Program; Infinicept’s LaunchPay; Mastercard Denies Rate Bump Assertion
Search Results for: blockchain
Visa Moves Blockchain Into Acquiring With a Pilot for Merchant Processors
Visa Inc., which has been working with blockchain-based currencies at least since the start of the decade, on Monday said it is starting to expand its cryptocurrency services into merchant acquiring, largely for cross-border transactions. The move, which Visa calls a “pilot project,” involves the major merchant processors Worldpay and …
Read More »Will a Trio of Major Bank Failures Dampen Interest in Blockchain Technology?
Signature Bank on Sunday became the latest domino to fall in a reckoning that is expected to have widespread ripple effects not only for banking but for the burgeoning cryptocurrency industry. The New York City-based bank, closed by state regulators, is said to be the third-largest bank failure in U.S. …
Read More »AmazeWallet’s Mobile Blockchain Hopes; PINless Debit Power Tips; Marqeta Closes on Power Finance
Blockchain on a Mobile App? AmazeWallet Says It’s Coming Soon
A company called AmazeWallet over the weekend said it will soon launch a so-called super app that will let users run blockchain technology on a mobile phone. The app will run such functions as mining tokens, exchanging cryptocurrency, and sending encrypted messages, the London-based company noted. AmazeWallet said it has …
Read More »Secure Payments in 2023? Eye on Blockchain; Plus Weekly Recap
Eye on Blockchain: RocketFuel Sees Rising Crypto Transaction Counts; Centbee Raises $1 Million
You wouldn’t know it from all the headline stories regarding the collapse of the FTX cryptocurrency exchange, but below the surface commerce in digital currencies continues unabated, albeit still at very low volumes relative to commerce in fiat. RocketFuel Blockchain Inc., a San Francisco crypto processor for e-commerce merchants, announced …
Read More »Mobile Payments and State IDs; Eye on Blockchain; Orum Makes MX Tie-in
Eye on Blockchain: Circle Financial And Paxos Gain a Foothold in Singapore
Two U.S.-based fintechs focused on blockchain payments technology have expanded their footprint into Singapore, giving both companies a jumping-off point for expanding their respective businesses in Asia. Circle Internet Financial LLC, a Boston-based company specializing in commercial blockchain and crypto applications, has received provisional approval from the Monetary Authority of …
Read More »An Acquisitive Shift4 Buys Into Blockchain And Cross-Border Processing
Shift4 Payments Inc. last month said it has concluded agreements to acquire international e-commerce acquirer Finaro and cryptocurrency-based donation platform Giving Block in deals valued at $875 million in cash and stock, including future earnout provisions. The latter deal has already closed, while Allentown, Pa.-based Shift4 expects to close the …
Read More »