Tag: Payments

  • JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business

    by levent

    Engineers at the lender have created the “JPM Coin,” a digital token that will be used to instantly settle transactions between clients of its wholesale payments business. Only a tiny fraction of payments will initially be transmitted using the cryptocurrency, but the trial represents the first real-world use of a digital coin by a major […]

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  • Does Your App Need Cryptocurrency Payments?

    by levent

    By Laura Desmond It isn’t uncommon for the total trading volume of all cryptocurrencies to easily hit 20 billion USD, and the world is struggling to create ways for this money to be spent outside of exchanges. While the methods of spending cryptocurrencies is certainly growing with physical stores, websites, and the like, there is […]

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  • Crypto Credit Cards are Inevitable

    by levent

    Crypto Debit cards too. While in 2018 traditional credit card providers have made it more difficult to buy crypto with them, with the likes of Bakkt getting into the picture crypto futures, ETFs and now crypto credit cards seem like inevitable things to come in a mainstream way. Wall Street’s entry into the crypto sector changes everything in […]

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  • 130 Coffee Shops in Europe Started to Accept and Sell Crypto

    by levent

    Be honest: shopping with cryptocurrency isn’t always the easiest experience. Even if price volatility is on your side, spending funds can be nightmarish. Crypto is gaining in popularity but many merchants still don’t accept it – meaning you are stuck with those age-old, boring options of paying by card or cash. A “technology enabler” startup […]

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  • FX Settlement Provider CLS Begins Final Testing for Blockchain Payment Banking Service

    by levent

    Forex exchange (FX) settlement giant CLS is in the final stages of testing its blockchain payment service for banks, Financial News reported July 27. The service is reportedly set to be launched later this summer, with at least seven banks expected to sign on to the system in the early months. CLS, the New York-based global multi-currency cash settlement system, has been working with […]

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