As cryptocurrencies edge ever closer to the payments mainstream, they are fitting themselves into day-to-day usage in a bid to win user loyalty. One such application is money transfers, a market that has now attracted the world’s second largest crypto exchange by volume. The Bybit exchange, based since 2022 in …
Read More »How Block Is Bringing Installments to Cash App
As It Gains Altitude, Crypto Adopts Partners, Cash Back, and Investors
Firms looking to bring stablecoins and other cryptocurrencies into the payments mainstream are working a variety of angles, as illustrated by news on multiple fronts that emerged early Tuesday. Convera USA LLC, a business-to-business payments platform and provider of foreign-exchange services, announced it will work with Ripple Labs Inc. to …
Read More »Its Intense Focus on Blockchain Opens Opportunities for BTCS
Blockchain Technology Consensus Solutions Inc., better known as BTCS, early Friday reported a nearly four-fold jump in blockchain revenue for 2025, to $15.2 million. The result comes as operators in so-called traditional finance begin to take a greater interest in blockchain technology and the companies that develop it. Total revenue …
Read More »Bluefin Launches BluePOS, Aimed at PAX Devices
Bluefin Payment System LLC, an Atlanta-based company specializing in payments security at the point of sale, late Wednesday launched BluePOS, payment software designed for point-of-sale devices from PAX Technology Inc. The new technology, which uses Bluefin’s PayConex gateway, signals a move by the company to develop new products completely in-house …
Read More »Feedzai Unveils RiskFM, Aimed at a Frustrating Plague of Financial Fraud
With nearly three-quarters of major U.S. banks reporting an increase in fraud losses last year, developers of fraud-prevention technology are scrambling to offer solutions. In the latest example, the Portugal-based technology company Feedzai has announced RiskFM, a tool the company says replaces a singular reliance on card-network data with information …
Read More »A New Connection Lets PayPal Open Venmo to International Transfers
For years, PayPal has maintained two separate peer-to-peer payment services, though the brand it promotes most often for this capability is Venmo. But Venmo users have not been able to send money outside of the United States, limiting its utility. Now, that’s changed. Early Monday, PayPal announced a new link …
Read More »Square’s Latest Deals Show Its POS Directions As It Seeks More Merchants
Square Inc., the point-of-sale technology platform from Block Inc., announced two new deals late Wednesday and early Thursday that underscore its POS ambitions both domestically and abroad. In Chicago, Square said a seafood seller called The Fish Guy has installed an e-commerce service supported by Square and eGrowcery, a Birmingham, …
Read More »Mastercard Moves Deeper into Stablecoins Via Its BVNK Deal
Mastercard Inc. announced early Tuesday it has agreed to pay $1.8 billion to acquire BVNK, a London-based stablecoin platform. The deal comes amid growing interest in stablecoins among fintechs, banks, and payments providers and as payments networks increasingly view the cryptocurrency as a practical vehicle for overall growth. The transaction, …
Read More »With a Key Stake in EV Charging, Nayax Posts a Comeback Year
Nayax Ltd., an Israeli processor with a fast-growing presence in the North American market, early Monday reported a profit in the December quarter, posting more than $13.2 million in net income, up from $1.6 million a year earlier. That net contributed to a total of $35.5 million for the year, …
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