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.
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.