Transak is Merchant of Record for Buying Crypto
When crypto is purchased, Transak is the merchant of record. It connects to Visa and Mastercard through acquirers including Worldpay, Shift4 and Checkout.com.
Area of Interest: Digital Currency
FIS and Circle are Partners for Stablecoin Payments
FIS has added an integration with Circle Internet Group to Money Movement Hub to give US financial institutions the ability to send, receive and hold USDC, a US dollar-denominated
stablecoin.
Venable Offers Stablecoin Payment Consulting
Attorneys at Venable LLP have been monitoring the actions of federal and state regulators pertaining to compliance. They offer consulting services on stablecoins as well as on the regulatory framework under consideration for other digital assets.
BVNK’s Stablecoin Infrastructure
Stablecoins are comparable in availability to real-time domestic-only payment rails including FedNow and the RTP network in the US, Faster Payments in the UK, UPI in India and Pix in Brazil. However, stablecoins are global.
Highnote Stablecoin Funding for Commercial Cards
BVNK provides digital wallets that businesses use to hold US dollar-denominated stablecoin assets. Highnote provides cloud-based card account processing to businesses with commercial card products. The companies have become partners. Businesses use Highnote for fleet, corporate and prepaid commercial card products. All spending tied to cards on the Highnote platform is prefunded. Businesses use the […]
PayPal Offers Wallet Holders Stablecoin Rewards
This summer, PayPal will begin offering PYUSD with 3.7% annual rewards in the stablecoin to PayPal and Venmo wallet users who buy and hold that digital asset.
Cold Storage Wallet for Stablecoins Adds Card Payments
CompoSecure’s Arculus Cold Storage Wallet was launched three years ago to provide consumers and businesses with self-custody and management of stablecoins and other digital currencies.
Idemia and R3 Partner for Offline CBDC Payments
The combination of IST and R3 enables CBDCs to be issued on Corda and used for retail offline transactions.
Digital Asset Infrastructure for PSPs and Acquirers
Utila’s digital asset adoption technology is enterprise-grade and was designed for the high-speed operations needed by payment service providers, payment gateways, issuers of stablecoin products, neobanks and others.
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.