Digital Currency

NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents.   NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …

Alchemy Pay, a payment gateway allowing users to exchange cryptocurrency and fiat money, launched its Crypto Card, a “mini app” backed by the user’s cryptocurrency. The promotion offers vouchers reducing the application fee to a penny from a dollar for a limited time. Fintech at Cornell has published “Cornell Convenes: Toward …

Digital-payments provider Wirex says it is working with ZeroFox Holdings Inc., a provider of cybersecurity technology, to incorporate ZeroFox’s Dark Web Monitoring app into its platform. Wirex’s blockchain-based service enables consumers to buy, sell, send, spend, and store fiat and crypto currency through the Wirex digital wallet. ZeroFox’s Dark Web …

Kindcard Inc., which among other services provides closed-loop payments technology connecting businesses and consumers, said it has entered a letter of intent to acquire OpenTransact from AcePay Inc. OpenTransact offers a banking platform that supports high-risk merchants. Terms were not disclosed. The tokens USDT and USDC dominate the stablecoin market, …

TurboTenant, an online property-management platform that enables landlords to collect rent payments, said it will work with Lula, a property-maintenance firm, for maintenance services and payment of service fees. Some 600,000 landlords are said to use TurboTenant’s platform. MoneyGram and Stellar Development Foundation announced they have invested an undisclosed sum in …

U.S. retail sales, excluding automotive products, grew 3.1% year-over-year in the Nov. 1 through Dec. 24 period, according to Mastercard Inc.’s SpendingPulse. The result is not adjusted for inflation. Standouts were e-commerce sales, up 6.3%, and restaurants, at 7.8%. The worst performer was jewelry, at negative 2%. Blockchain operator Paxos said it will …

LawFi, a payments platform for law firms, announced a $1.5-million pre-seed funding round from Capital Q Ventures. Digital-banking provider Ibanera announced Portl, a set of blockchain-based payments technologies for online gaming. NordVPN, a vendor of cybersecurity technology, launched an insurance program offering victims of identity theft reimbursement up to $1 million for …

The payouts platform Onbe said it will enable instant payment on virtual Mastercard cards to consumers who want to sell unused gift cards on the CardCash secondary gift card market. Buy now, pay later platform Affirm Inc. said it is expanding to self-checkout kiosks in more than 4,500 U.S. Walmart stores. U.S. households spend …

Presto Automation Inc. forecast its new, artificial-intelligence-based Presto Voice ordering system for drive-through restaurants will have been adopted by 1,270 locations by the end of 2024, up from the current count of 404. River, a provider of technology and financial services related to Bitcoin, launched River Link, a service that lets users send …

Tolling-technology provider Quarterhill Inc. said its Electronic Transaction Consultants unit has launched an E-ZPass interoperability hub to enable readily available electronic toll payments across regions of the United States. The move is considered a step toward nationwide toll-payment interoperability. Equipifi, a provider of buy now, pay later services for debit card issuers, …