Cryptocurrency has taken a beating in the headlines ever since the FTX scandal broke last fall. But last month it got much worse as a trio of banks known for their crypto-friendly lending collapsed, sending shock waves through the larger economy. The fate of Silicon Valley Bank was especially egregious, …

Regulations are coming for blockchain and crypto. Here’s what they’ll look like and how to interpret them. Blockchain and crypto had quite a year in 2022. A crash in liquidity during the first half of the year was quickly followed by the FTX collapse in the second—all of which generated …

Tassat Group Inc., a provider of real-time business-to-business payments based on blockchain technology, said its client-facing application programming interface enables an “on-ramp” to FedNow, the Federal Reserve’s real-time payments service, which is expected to begin commercial service in July. Liquidity Financial launched CauseCard, a Visa-branded debit card with a connected app …

Cybercriminals showed no signs of slowing down in 2022 as they employed a variety of schemes to defraud consumers, acquirers, card issuers, and merchants, according to Visa Inc.’s Spring 2023 Biannual Threats Report. Cryptocurrency was a prime target for cybercriminals. More than $3 billion in cryptocurrency was stolen through November …

Merchant Machine, a United Kingdom-based payments information and comparison site, issued a report on contactless transaction limits around the world. Only two nations, Ecuador and the United States have no limit, though banks or merchants may set their own limits, Merchant Machine said. Payments-technology provider BHMI announced an entity-relationship component for its …

The stunning bank failures of recent days, all of them involving institutions with wide exposure to cryptocurrency, are likely to have a deep impact not only on blockchain products but on payments more broadly, experts say. A stronger case for a digital dollar, stricter regulation of digital currencies in general, …

Processors are hoping to tap commerce, and hence payments, in the world of virtual reality. But as the metaverse keeps evolving, what kind of payoff can they expect?  If you’re aware of the metaverse but are not exactly sure what it is and how commerce in it will work, you’re …

The leading digital currency Bitcoin hasn’t returned to the values it enjoyed early last year, but it appears to have rebounded from the beating it—and the cryptocurrency industry as a whole—took in the wake of the sudden collapse in November of the major trading platform FTX.com and the bankruptcy in …

Cost surprises at checkout are the leading cause of cart abandonment, with 57% of consumers saying they walked away from checkout at least once in the past year because of unexpected delivery costs, according to a wide-ranging shopping report released by point-of-sale technology provider Verifone Inc., which surveyed 995 respondents globally. Price …

A recent pilot demonstrated a number of benefits stemming from the conversion of real-world assets into their digital equivalents. Lost in the coverage of the crypto meltdown last year were some important announcements by major bank associations, such as SWIFT and the Bank for International Settlements, about the use of …