Payment processor Jack Henry will partner with Nydig, an institutional digital asset firm, to provide crypto transactions on its Banno Digital Platform. Jack Henry services 7.1 million consumers through local and regional financial institutions.
OLB Group is comprised of multiple subsidiaries with assets in software, merchant services and cryptocurrency. Last year, the company’s cloud-based eVance merchant processing business, which includes the company’s SecurePay payment gateway, handled $900 million in card payments.
Wirex, a digital currency payment platform, launched a Visa prepaid card issued by Sutton Bank in the U.S. that will facilitate conversion of 37 cryptocurrencies from Wirex wallets at the point of sale with zero exchange fees.
More than $1.00 billion in payments have been processed by CoreChain since its launch in September 2020. The company’s native blockchain-based business-to-business (B2B) payment service is available on a white-label basis to enterprise resource planning and business process automation software companies, B2B marketplaces, banks and payment networks.
The Digital Dollar Project (DDP) is a nonprofit organization formed last year to assist U.S. businesses with pilot tests of central bank digital currency (CBDC), including the public-private partnerships called for by the U.S. federal government.
Circle Internet Financial, the exclusive issuer of USD Coin (USDC), a stablecoin cryptocurrency fully pegged to the U.S. dollar, has formed a partnership with Worldpay from FIS, the second largest merchant acquirer in the U.S.
Bolt, a payment service provider, will acquire Wyre, a cryptocurrency infrastructure provider. Bolt will add Wyre’s capabilities to its APIs, allowing merchants to offer services like one-click checkout with cryptocurrencies.
Blockchain.com, a crypto wallet and financial services company, will partner with Stripe to facilitate payments, fight fraud and improve revenue management. Blockchain.com has already used Stripe to facilitate crypto purchases using card payments, and the company expects to add the ability to make crypto purchases using Apple Pay and Google Pay. The company also announced […]
The Nilson Report was founded by H. Spencer Nilson in Los Angeles in 1970. Spencer passed away this month here in Santa Barbara. He was 101. Our company is a family business. Its executives include second- and third-generation members. In memoriam, we wish to share with you some of our patriarch’s life story. Spencer entered […]
The Governor of Colorado said that the state will become the first in the U.S. to accept cryptocurrency for payment of state taxes and fees. Local legislators in Arizona and Wyoming drafted similar proposals. Sling, the Dish-owned streaming service, partnered with BitPay to accept cryptocurrency payments including Bitcoin, Ethereum and DogeCoin for its monthly subscription […]
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