News about PAYMENTS

News about Payments

Exchanges Relist XRP Amid Payments Promise and Despite the SEC

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Binance claims it adheres to Western sanctions in Russia. At least 5 blacklisted lenders are still processing payments for the exchange

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What are peer-to-peer payments, and how can they work offline? - Cointelegraph

What are peer-to-peer payments, and how can they work offline?& & Cointelegraph

Zach Resnick talks introducing trust to AI via Bitcoin micropayments ... - CoinGeek

Zach Resnick talks introducing trust to AI via Bitcoin micropayments ...& & CoinGeek

Fuse CEO Mark Smargon says blockchain payments apps will rival Visa, not Ethereum

Mark Smargon, CEO of Fuse, explains how blockchain-powered payments can fix the “broken traditional payment system.” Episode 16 of Hashing It Out explores one of the m...

Banning ransomware payments: An attractive but dangerous idea

The U.S. and Australia are considering banning ransomware payments, but will it solve the problem, or harm people and destroy businesses? A successful cyberattack on c...

Should we ban ransomware payments? It’s an attractive but dangerous idea

The U.S. and Australia are considering banning ransomware payments, but will it solve the problem, or harm people and destroy businesses? A successful cyberattack on c...

Binance Connect shutting down on August 16 due to its provider closing the supporting card payments service

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XRP Competitor Stellar Gets Equity In MoneyGram, Plans To Disrupt Payments Sector

The XRP ecosystem could face more vigorous opposition to its expansion from Stellar and native cryptocurrency XLM. The company recently acquired a minority stake in payment processor MoneyGram. XRP v. Stellar: MoneyGram Could Tip Balance In Rivalry?...

FedNow showcases DLT-powered payments system as service provider

The Federal Reserve wrote that it does not support or endorse any showcase providers featured on its website. The United States Federal Reserve’s instant payment syst...

Syndika taps Kima's asset-agnostic payments infrastructure to ... - PR Web

Syndika taps Kima's asset-agnostic payments infrastructure to ...& & PR Web

WPAY: Revolutionizing P2P Payments Through Cryptographic Proof

PRESS RELEASE. The global financial system has undergone multiple changes throughout its lifetime. First, with the introduction of the gold standard, then with advancements in banking communications, digitized international trade and investment, and...

The US Federal Reserve’s instant payments system, FedNow, has added Hedera’s (HBAR) Dropp payment platform to its list of service providers

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Visa Tackles Ethereum's Gas Fee Conundrum: A New Dawn for Cryptocurrency Payments?

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Jack Mallers' response to SBF's claims that Bitcoin won't scale, won't be used for payments.

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Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments

Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and go...

Ethereum Gas Fees Made Easy: Visa Explores Credit Card Payments

In a groundbreaking move, Visa has announced the successful testing of a mechanism that allows users to pay Ethereum’s on-chain gas fees directly using fiat through credit or debit cards. This experiment, conducted on the Ethereum Goerli testne...

Visa explores crypto gas fees payments through cards

Visa’s innovative solution employs Ethereum’s ERC-4337 standard and the “Paymaster” smart contract, enabling off-chain gas fee settlement. In a potential transformativ...

Microsoft will look into CBDCs and digital payments

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Ripple joins BIS cross-border payments task force

The task force is a part of the Bank of International Settlements’ Committee on Payments and Market Infrastructure. The Bank for International Settlements (BIS) recent...

India proposes AI-powered conversational payments system — RBI

India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation. The Reserve Bank of India (RBI), the coun...

Ripple And Bank For Int’l Settlements Team Up For Payments Taskforce – A Boost For XRP Price?

Ripple, the revolutionary blockchain-based payment solutions provider, has achieved a significant milestone by becoming an official member of the “cross-border payments interoperability and extension taskforce” within the prestigious Bank...

The practice of EU banks closing bank accounts for reasons of Bitcoin-related payments

According to the 2014 EU directive concerning "Bank accounts in the EU Right to a basic bank account", every bank must offer basic service to residents of other EU countries: https://europa.eu/youreurope/citizens/consumers/financial-produc...

Australia - Commonwealth Bank announces change to certain payments, cap cryptocurrency exchanges at $10,000 each calendar month

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US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’

Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, s...

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