Block’s New Bitcoin Wallet And Other Digital Transactions News briefs from 12/8/23

Block Inc., the parent of Square and Cash App, launched Bitkey, a self-custody Bitcoin wallet, in nearly 100 countries around the world. Block is taking pre-orders for the wallet, which consists of a mobile app, a hardware device, and a set of recovery tools, at $150 each.
Crypto technology provider Onez launched its White Label Crypto Wallet, intended for businesses seeking to offer a branded wallet for digital currencies.
AuthVia, a provider of payments via text-to-pay and conversational commerce, said it is working with cloud-communications platform Infobip to develop payments services for messaging platforms like WhatsApp and Facebook Messenger.
Cybersecurity firm Trustmi launched Trustmi Certify, which uses artificial intelligence to help verify recipient bank accounts in cases of business-payment transfers.
Shares of PayPal Holdings Inc. closed down 1.8% Thursday, to $58.48, following the news that Amazon.com Inc. would stop accepting PayPal’s Venmo wallet Jan. 10. Amazon shares were up 1.6%, to $146.88. For the year, Amazon is up 71%, while PayPal is down 22%.
Correction: Navy Federal Credit Union reported it took in more than $2.7 million in real-time deposits on its first full day of real-time payments service on The Clearing House Payments Co.’s Real Time Payments (RTP). Digital Transactions News reported the total incorrectly on Tuesday and regrets the error.

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