BitPay Inc. said Tuesday it will start adding dozens of cryptocurrencies to its platform this week in a move that includes a revamp of the company’s payments service. The Atlanta-based company, which has been processing crypto-based payments for more than 10 years, said it will start supporting more than 100 …
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GoCardless said it will process open-banking payments made on JustGiving, an online donation platform, replacing American Express Co. FirstOntario Credit Union said it is preparing to launch open banking through connections to Everlink Payment Services Inc. and open-banking technology platform Flinks. The federal government in Canada said in November it planned to …
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Bitcoin has struggled for years to win breakthrough adoption among sellers large and small, even though some major, e-commerce companies like Overstock-com, Newegg.com, and Microsoft Inc. have accepted the digital currency for at least a decade. But Bitcoin’ spotty acceptance may be masking some important advances among smaller and lesser-known …
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NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents. NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …
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Alchemy Pay, a payment gateway allowing users to exchange cryptocurrency and fiat money, launched its Crypto Card, a “mini app” backed by the user’s cryptocurrency. The promotion offers vouchers reducing the application fee to a penny from a dollar for a limited time. Fintech at Cornell has published “Cornell Convenes: Toward …
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Digital-payments provider Wirex says it is working with ZeroFox Holdings Inc., a provider of cybersecurity technology, to incorporate ZeroFox’s Dark Web Monitoring app into its platform. Wirex’s blockchain-based service enables consumers to buy, sell, send, spend, and store fiat and crypto currency through the Wirex digital wallet. ZeroFox’s Dark Web …
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Kindcard Inc., which among other services provides closed-loop payments technology connecting businesses and consumers, said it has entered a letter of intent to acquire OpenTransact from AcePay Inc. OpenTransact offers a banking platform that supports high-risk merchants. Terms were not disclosed. The tokens USDT and USDC dominate the stablecoin market, …
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TurboTenant, an online property-management platform that enables landlords to collect rent payments, said it will work with Lula, a property-maintenance firm, for maintenance services and payment of service fees. Some 600,000 landlords are said to use TurboTenant’s platform. MoneyGram and Stellar Development Foundation announced they have invested an undisclosed sum in …
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U.S. retail sales, excluding automotive products, grew 3.1% year-over-year in the Nov. 1 through Dec. 24 period, according to Mastercard Inc.’s SpendingPulse. The result is not adjusted for inflation. Standouts were e-commerce sales, up 6.3%, and restaurants, at 7.8%. The worst performer was jewelry, at negative 2%. Blockchain operator Paxos said it will …
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LawFi, a payments platform for law firms, announced a $1.5-million pre-seed funding round from Capital Q Ventures. Digital-banking provider Ibanera announced Portl, a set of blockchain-based payments technologies for online gaming. NordVPN, a vendor of cybersecurity technology, launched an insurance program offering victims of identity theft reimbursement up to $1 million for …
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