Blockchain platform XDC Network, working with blockchain developer LeewayHertz, released the XDC Network Stats platform, a presentation of key statistics about the network’s performance.RevoluGroup Canada Inc., a technology provider for banking, mobile apps, and remittances, announced a private placement of up to 10 million units at 20 cents each to raise …
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The Federal Reserve Board released a paper Thursday afternoon on the question of a central bank digital currency for the United States, and even though the Fed would play a crucial role in any such venture, observers looking for hints on how the central bank is leaning on the issue …
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Mastercard Inc. said it is enabling Mastercard-branded cards to be used for purchases on Coinbase’s upcoming NFT marketplace. NFTs, or non-fungible tokens, are digital goods.Accounting-automation company Bookkeep announced integrations with Stripe, Sage Intacct, and NetSuite. The company, which serves more than 600 retailers and restaurants, also offers links to Shopify, Square, Amazon, and …
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Payroc WorldAccess LLC said it acquired East Commerce Solutions, a merchant service provider, which has more than $2 billion in annual processing volume. Terms were not disclosed.NCR Corp. said it has closed on its acquisition of LibertyX, a provider of software for cryptocurrency transactions at ATMs and on various payment-acceptance devices. LibertyX …
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It was probably only a matter of time before the two global card networks, which have already made overtures to blockchain technology, began venturing into support for central bank digital currencies. News of the latest development emerged very early Thursday with an announcement from Visa Inc. and blockchain software developer …
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One of the most receptive markets for cryptocurrency could be that for content creators, most of whom are self-employed and looking for fast and reliable ways to get paid. That’s what BBTV Holdings Inc. figures, and on Wednesday the video platform launched Pay to Crypto to send payments to marketers on …
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Visa Inc.’s Back to Business study found 82% of small businesses plan to accept some form of digital payment in 2022, with 24% saying they plan to accept digital currencies like Bitcoin. The study canvassed 2,250 small-business owners and employees in nine countries, including the United States.Payments provider Lightspeed Commerce Inc. said its merchants …
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Sports-betting payments specialist PayNearMe Inc. said it has gained approval from the New York Gaming Commission to provide its MoneyLine platform to licensed operators in that state.Fly Now Pay Later, a buy now, pay later provider for travel services, closed a $75 million debt funding round from Atalaya Capital Management that will …
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Central bank digital currencies, cryptoassets, and privacy are three major priorities for the Electronic Transactions Association in 2022, the payments industry’s top lobbying group announced late Friday. All three are hot-button topics featuring strong opinions on opposing sides, presenting the payments industry with an uncertain roadmap for navigating the issues …
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Dismissed until recently by many in the payments industry as a fantasy, cryptocurrency as a payments medium continues to step toward center stage. Early Thursday, transaction processor Computer Services Inc. said it will work with NYDIG to help community banks support their customers who want to buy, sell, or hold …
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