Digital Transactions Authoritative, insightful and timely information for payments professionals
- Bluwhale AI Inc. has launched its AI Stablecoin Agent, aimed at helping individuals automate their management of dollar-denominated digital-currency assets.
- American Express Co. announced it is working with the International Downtown Association to award more than $1.4 million in grants to 97 small and independently owned restaurants in 14 cities outside the U.S. The program launched in 2022 and has granted more than $3.2 million.
- Cross River Bank has launched a capability to support payments via stablecoins. The service is available immediately for “approved partners across fintech, enterprises, and crypto-native companies,” the bank says, with wider availability coming, the bank says.
- The money-movement company TerraPay Holdings Ltd. launched Xend, a service aimed at enabling interoperability among payments via wallets, banks, and cards internationally.
- The payments-technology fintech Green Dot Corp. has agreed to sell its non-bank assets to Smith Ventures for $690 million in cash to form a new fintech company. In a second transaction, the banking company CommerceOne Financial Corp. will acquire Green Dot Bank for an unspecified price. The acquired bank will become a publicly traded bank holding company and serve as the fintech’s issuing bank, the parties announced.
- Paysafe Ltd. said it will process payments in Pix, a popular payment method in Brazil, for Boosteroid, said to be the world’s largest cloud-based videogaming provider.
- The spend-management platform Cledara Ltd. said its customers can now add their Cledara Spend cards to Apple Wallet and use Apple Pay for payments.
Related Articles
Check Also
OneDine Signs California Pizza Kitchen for Payments Tech at 100-Plus Locations
California Pizza Kitchen has signed with restaurant-technology provider OneDine LLC to deploy its platform in …