Payment systems news
Mastercard and R3 Partner to Develop New Blockchain-Powered Cross-Border Payments Solution
Mastercard and R3, a leading enterprise blockchain software provider, have today announced a strategic partnership to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard.
Facebook’s Libra seeks payment system license from Swiss regulator
The Libra Association, the non-profit organization behind Facebook-led cryptocurrency project Libra, is looking to get a payment system license from Switzerland’s financial regulator.
Swift to reveal European E2E payments pilot
Swift is gearing up to announce its latest end-to-end international payments pilot held across European borders.
Apple exec: 'We're watching cryptocurrency'
Apple may not be fully on the crypto bandwagon like other tech companies, but it is keeping an eye on digital currency.
1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments
Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices.
Germany’s Bitwala Launches All-In-One Mobile Bitcoin Bank App
On Aug. 29, German blockchain-based banking startup Bitwala announced the launch of its smartphone app for Bitcoin banking on iOS and Android. Customers in over 30 European countries can now open a German bank account with integrated Bitcoin wallet and trading.
WhatsApp in talks to launch mobile payments in Indonesia
Facebook Inc’s (FB.O) messaging service WhatsApp is in talks with multiple Indonesian digital payment firms to offer their mobile transaction services, in a bid to tap the nation’s fast growing e-commerce sector, people familiar with the matter said.
Xendpay Joins RippleNet to Open Up New Payment Corridors to Four Asian Countries
Ripple has announced that Xendpay, a rather unique UK-based international money transfer firm, has joined RippleNet in order to open up "new corridors" to Bangladesh, Malaysia, Philippines, Vietnam, and Indonesia, as well as to enable "real-time payment rails to Thailand."
South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group
Woori Financial Group, one of South Korea’s largest banking companies, has agreed to work with Ground X in developing blockchain financial services.
BitPay Now Requires Your Photo ID for Purchases Over $3K in Bitcoin
Cryptocurrency payment processor BitPay is introducing new identity verification measures for certain high-value payments, refunds and payouts.
Germany’s Commerzbank exploring blockchain-based payments solution
Commerzbank, the second-largest bank in Germany, is exploring a blockchain-based payments solution that won’t require human intervention, according to an announcement Thursday.
Mastercard is eyeing the crypto wallet space, according to new job ads
Mastercard is looking to fill three senior-level positions to lead efforts in cryptocurrency, focusing on payments and wallets solutions, according to the company’s job board.
MoneyGram talks up Ripple partnership, goes live with XRP and xRapid, in Q2 earnings
MoneyGram CEO Alex Holmes touted the benefits of the company's commercial agreement with Ripple in the company's Q2 2019 earnings call, the first since the strategic partnership was announced. MoneyGram stressed the financial aspects of the agreement, noting that Ripple paid $4.10 for $MGI shares, a significant premium to the $1.45 price at which shares were trading at the time.
The Apple Card, issued by Goldman Sachs, will not allow purchase of cryptocurrencies
The Apple Card is the most highly anticipated credit card in recent memory, an exclusive collaboration between the tech giant Apple and the financial services company Goldman Sachs. Ahead of the card's expected August launch, Goldman Sachs has posted the Apple Card customer agreement on its site.
Cheapair.com users can pay in Ethereum with a MetaMask add-on
Cheapair.com, a California based travel service provider has added support for Ethereum as payment for its flight-booking services as reported by Travolution. The firm has been among very few travel service providers who allow users to make crypto payments for flights and hotels bookings.
UnionBank launches own cryptocurrency
Aboitiz-led Union Bank of the Philippines launched a stablecoin dubbed PHX and became the first bank in the country to conduct transactions using the blockchain technology.
SWIFT settles cross-border payment in 13 seconds in a global trial
Interbank messaging giant SWIFT has settled a cross-border payment, from Australia into Singapore, in just 13 seconds in a global trial.
Carbon collaborates with Tron Foundation to introduce credit card crypto-purchases via Fiber
New York-based fintech and blockchain company, Carbon, today announced its collaboration with the TRON Foundation, in an attempt to support the TRON blockchain by enabling credit card purchases of cryptocurrencies via Carbon’s fiat gateway product, Fiber.
Japan to lead development of SWIFT network for cryptocurrency
Japan’s government is leading a global push to set up an international network for cryptocurrency payments, similar to the SWIFT network used by banks, in an effort to fight money laundering, a person familiar with the plan said on Thursday.
Shinhan Card develops blockchain-based payment system
Shinhan Card has obtained a patent for a blockchain-based payment system. The company is the first in the world to have established a credit transaction service using the new record-keeping technology, it said Monday.
IBM says it’s open to working with Facebook on digital currency
Crypto exchange OKEx eyeing to launch Tether margin futures in October
Bitcoin donations feeding Venezuela’s poor and hungry
Swiss University Fights Fake Diplomas With Blockchain Technology
Oil and Gas Giant Pilots New Blockchain Platform From Modex
Bakkt’s Much-Anticipated Bitcoin Futures Trading Platform Goes Live
The Specs Behind Bitcoin’s Lightning Pass Their First ‘Formal’ Security Test
Ethereum’s Congestion Eases as the First 10M Block is Mined
Two suspects in EtherDelta hack indicted by U.S. authorities
The Blockchain's Role in the Change of Business Standards
Digital Assets In 2025: Worst- And Best-Case Scenarios
Top 3 Methods To Withdraw Bitcoin to Bank Account