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- Bitcoin ATM deployer Bitcoin Depot said its network now includes more than 500 machines worldwide, with more than 100 in the Atlanta area. The company projects it will have more than 1,000 Bitcoin ATMS by the end of 2020.
- Lael Brainard, a Federal Reserve Board governor, said in a Wednesday speech that the Fed, like a number of other central banks around the world, is “conducting research and experimentation related to distributed-ledger technologies and their potential use case for digital currencies, including the potential for a CBDC (central bank digital currency). We are collaborating with other central banks as we advance our understanding of central bank digital currencies.”
- Masabi Ltd., a provider of mobile-ticketing software for mass transit, announced an investment from Shell Oil Co. The amount of the investment was not specified, but Masabi said it is an “extension to Masabi’s recent $20 million growth funding round.” The company said it is now processing more than $1 billion annually in transport ticketing sales.
- 7-Eleven Inc. said it is testing a 700-square-foot cashierless store at its headquarters in Irving, Texas. Pilot participants are 7-Eleven employees.
- Fiserv Inc. announced ZA Bank Ltd., a virtual bank based in Hong Kong, has launched a pilot of Fiserv’s card-payment software.
- SafetyPay Inc., a payments provider for cross-border e-commerce transactions, said it has signed a five-year agreement to use artificial-intelligence technology from Feedzai Inc. to help combat fraud.
- Bluefin Payment Systems LLC said FroogalPay, a virtual terminal, invoicing, and hosted payment pages platform, will use Bluefin’s point-to-point encryption technology.
- First American Payment Systems LP announced eight of its employees were appointed to several Electronic Transactions Association committees for 2020.
- Payment-services provider Agile Payments announced its “Payment Facilitation as a Service” offering the company says will bring the advantages of the payment-facilitator model, including instant merchant onboarding, to smaller organizations that until now have been left out of the boom in payments through payfacs.
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