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Search Results for: stablecoin

Eye on Crypto: BBTV Offers Crypto ‘at Scale’ to Content Creators; a Nuvei Paper Sizes up Crypto

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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Repay Acquires Payix and other Digital Transactions News briefs from 1/3/22

Payments provider Repay Holdings Corp. announced it has acquired payments-technology provider Payix for $95 million at closing plus up to $20 million in earnouts contingent on Payix’s 2022 performance.Mobile-parking app provider ParkMobile LLC said an agreement with the city of Clarksville, Tenn., covers 234 on- and off-street spaces in the city’s downtown. ParkMobile claims …

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Payments 3.0: Digital Bank Currencies: Are We Truly Prepared?

The birth of cryptocurrencies and the digitization of payments have led central banks worldwide to consider launching their own digital dollars. These central bank digital currencies (CBDC) could either supplement or replace government-issued cash as legal tender. Proponents say the tokens could offer benefits to citizens, governments, and businesses, while …

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Celero Acquires Everest and other Digital Transactions News briefs from 12/14/21

Celero Commerce said it acquired Everest Payment Solutions. Terms were not disclosed. With Everest, Celero will serve more than 45,000 merchants that process more than $18 billion in annual card volume.Digital ordering and payments technology, which gained prominence with the pandemic, has made customers more impatient, with 64% indicating they won’t …

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Eye on Crypto: Visa Launches a Consulting Unit; Nextech Links to Coinbase for Acceptance

With interest in cryptocurrency increasing at the two major card networks, it was only a matter of time before one of them launched a consulting service specializing in the subject. Visa Inc. early Wednesday announced it is launching its Global Crypto Advisory Practice as part of its existing Visa Consulting …

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Tassat Scores Western Alliance Bank for Its Bank-Based Blockchain-Payment Technology

Stablecoins have come in for government scrutiny in recent weeks, but use of this blockchain-based technology to enable immediate business-to-business payments between bank clients is moving forward nonetheless. Late Thursday, Tassat Group Inc. announced Phoenix-based Western Alliance Bank will use the company’s TassatPay technology to allow business clients to pay …

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Searching for Stability

Have you used Bitcoin or some other cryptocurrency lately? Or have you used one at all? If you did, was it worth the same at the time of the transaction as it was when you obtained it? Chances are, its value had fluctuated, maybe by a very wide margin. Bitcoin, …

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The Price of Stability

And you thought stablecoins were all about ‘set it and forget it.’ Some—including the government—think otherwise. It is one of the ironies of the payments business these days that there seems to be little that’s stable about the news surrounding stablecoins. For a concept that came on the scene a …

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Shift4 Denies EVO Rumors and other Digital Transactions News briefs from 11/18/21

Shift4 Payments Inc. denied what it called “media reports” that it is pursuing an acquisition of EVO Payments Inc. Shift4 is “focused on supporting … new growth verticals” instead, the company said.Microsoft Corp. is testing buy now, pay later capability in its Edge browser. In conjunction with Zip Co. Ltd., the BNPL service is at the …

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Apple Objects to App Store Payment Changes and other Digital Transactions News briefs from 11/1/21

Apple Inc. filed an objection to a September U.S. District Court ruling that it says hinders the computing giant’s ability to restrict developers on its App Store to Apple’s own payment system. The ruling upheld Apple’s requirement that developers use its payment system within the App Store but said Apple must allow references to …

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Digital Transactions