Browsing: PaymentsSource

Key insights: Ripple is adding more payment processing technology for stablecoins and traditional currency. What’s at stake: The company is competing with the large card networks and…

Brink’s has entered into a definitive agreement to buy NCR Atleos for $6.6 billion in a cash and stock transaction. The deal is expected to close…

Key insights: Fifty years of sanctions has forced Iran to develop its own isolated financial system. But money has still found a way to move in…

Key insights: Block plans to lay off about 40% of its workforce, with CEO Jack Dorsey stating bluntly that improvements in artificial intelligence are quickly changing…

Surcharging, where merchants tack on a fee, often 3%, for credit card use, is on the rise. This poses potential revenue challenges for banks’ credit card…

Visualization created with AI assistance based on original reporting. Processing ContentKey insight: Stablecoins present opportunities for community banks to explore new forms of capital formation while…

Key insights: Revolut, Tether and Circle made announcements this week designed to boost their stablecoin profiles. What’s at stake: Stablecoins are growing quickly and are attracting investment,…

Key insights: Andrew Torre, Visa’s president of Value-Added Services, says the card network is focusing on areas such as AI and digital assets. What’s at stake: Visa…

Key insight: Crypto.com’s parent company Foris DAX received conditional approval from the OCC to operate a national trust bank for cryptocurrency.Expert quote: Pitchbook analyst Rudy Yang…

Key insight: Payoneer has applied for a national trust bank charter to establish PAYO Digital Bank, N.A., allowing it to issue its own stablecoin, PAYO-USD.What’s at…