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Search Results for: blockchain

Clover Sport in 300 Venues and other Digital Transactions News briefs from 6/13/22

Fiserv Inc. said more than 300 sports and entertainment venues are now using Clover Sport to provide payment and marketing services to fans. Clover Sport is based on Fiserv’s Clover point-of-sale technology.MoneyGram International Inc. launched a service that supports money transfers via the Stellar Network’s public blockchain and USD Coin, a stablecoin from Circle Internet …

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Circle Internet Bids for Taiwan’s Cybavo in a Move to Boost Its Digital Dollar Stablecoin

Circle Internet Financial Ltd. said early Friday it has agreed to acquire Cybavo, a Taiwan-based developer of tools for digital-asset custody and blockchain development. The Boston-based company, perhaps best known as the developer of USD Coin, a stablecoin linked to the U.S. dollar, said the acquisition will provide the technical …

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Mastercard Opens up to NFT Purchases and other Digital Transactions News briefs from 6/10/22

Mastercard Inc. said it is working with seven companies to enable its branded payment cards to be used for making non-fungible token purchases. NFTs are digital goods.Sardine, a provider of anti-fraud and compliance technology to fintechs, said it will work with cryptocurrency-technology provider Zero Hash to enable instant settlement on the …

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BofA Card Volume up and other Digital Transactions News briefs from 6/7/22

Total credit and debit card dollar volume for Bank of America Corp. increased 9% in May year-over-year, with credit card volume up 16% and debit volume up 9%, the Bank of America Institute reported.A research report from Aite-Novarica finds what the report calls “excessively high rates” of identity theft, which the report says …

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Shopify Teams With DePay to Bring Token Acceptance To E-Commerce Merchants

The drive to achieve mainstream merchant acceptance of cryptocurrency received a boost Thursday as Shopify Inc. and DePay, a Swiss blockchain payments platform, teamed up to enable consumers to send direct payments to Shopify merchants’ wallets.  Shopify will leverage DePay’s blockchain to enable merchants to receive any preferred tokens, with …

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CFPB Targets Card Issuers and other Digital Transactions News briefs from 5/26/22

The Consumer Financial Protection Bureau has sent a letter to the chief executives of JP Morgan Chase, Citibank, Bank of America, Capital One, Discover, and American Express asking them to explain the practice of omitting data about consumers’ monthly credit card payments when sending information to credit-reporting companies. The CFPB contends the …

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Afterpay Now In-Store at Square Merchants and other Digital Transactions News briefs from 5/17/22

Square announced its Afterpay buy now, pay later service is available to in-person point-of-sale merchants in the United States and Australia who use Square Point of Sale, Square for Retail, Square Appointments, or Square for Restaurants. In the first quarter, Square, a unit of Block Inc., said the average transaction size with Afterpay …

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The 14th Annual Field Guide to Innovative Payments

It’s May, and that means it’s time for our annual exercise to seek out and describe the nonbank players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …

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Aeropay’s ACH Integration with Flowhub and other Digital Transactions News briefs from 4/28/22

Aeropay, a specialist in payments for the cannabis industry, announced it and Flowhub, a point-of-sale platform for cannabis dispensaries, will work together on enabling automated clearing house payments via Aeropay for more than 1,000 dispensaries using Flowhub’s software.Paysafe Ltd. said it is expanding in the auto-finance market through a deal to …

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Binance Launches a Crypto Debit Card to Give Ukrainian Refugees Access to Money

As the mass exodus of Ukrainian refugees fleeing their war-torn country continues, charitable organizations and businesses are finding new ways to provide support. Cryptocurrency exchange and blockchain-infrastructure provider Binance joined those efforts Tuesday, announcing the Binance Refugee Crypto Card. The Visa-branded debit card will allow displaced Ukrainians to make or …

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Digital Transactions