Stablecoins for Cross-Border B2B Payments
Cedar Money’s technology connects blockchains with banking rails. Financial institutions dealing with a blockchain get the same KYC (know your customer) and AML (anti-money laundering) regulatory compliance safeguards they have when operating within correspondent banking channels.
Flexa Offers Crypto Payments
More than 60,000 US merchant locations can accept 100+ cryptocurrencies and stablecoins for in-store payments by leveraging the proprietary omnichannel payment gateway of Flexa. Merchants are guaranteed payment in US dollars or a preferred digital asset. Flexa’s crypto acceptance platform, which connects to 13 blockchain networks, was built to be deployed by larger merchants. Customers […]
Trade Groups Sue the CFPB
The plaintiffs allege that by regulating their services, the CFPB creates a cooling effect on innovation. They state that “CFPB supervision thus places enormous burdens on a supervised company, diverts financial and personnel resources, and inhibits innovation and the roll-out of new products and features.”
Virtual Secure Element for Offline CBDC Payments
Hardware-based secure elements (SE) can hold TAs (called applets when on an SE), and most smartphones have embedded SEs.
Idemia’s Offline CBDC Wallet
CBDCs are identical twins of banknotes. As such, they need to be available to consumers 100% of the time.
Openway Implements CBDC Bank Cards
Payment software specialist Openway, which has operated in Kazakhstan for more than 20 years, recently partnered with three card issuing clients, as well as with Visa and Mastercard.
Buying Bitcoin with Cash at US Retail Locations
Customers using Bitcoin Depot kiosks undergo know your customer (KYC) and anti-money laundering (AML) compliance reviews. Of Bitcoin Depot’s 120 employees, more than 20 handle compliance.
Giesecke+Devrient Supports Retail Payments from CBDCs
CBDCs are issued in only 3 countries—the Bahamas, Jamaica and Nigeria., but are being considered by the central banks of more than 130 other countries.
Superlogic’s Blockchain Loyalty SaaS
Superlogic’s software can be used by card issuers, airlines, hotels, restaurants, retailers and others to make managing their loyalty programs more efficient.
Nexo’s Dual-Mode Card
Nexo, a digital assets institution providing crypto lending, exchange and storage, has offered its customers in the European Economic Area the Nexo Card, a crypto-backed Mastercard credit card, since April 2022. Cardholders can make purchases using a line of credit of up to 90% of the value of the 65 cryptocurrencies that Nexo users are able to dedicate as collateral.