Visa Opens Bitcoin Consulting Service For Banks
The payments giant reportedly said it hopes its new service can help further mainstream adoption of bitcoin and cryptocurrency.Visa is launching an advisory and consulting service on Bitcoin and cryptocurrency for its institutional clients, according to multiple reports Wednesday. The payments giant will advise banks, fintech companies, and retailers looking to implement Bitcoin services.“Visa hopes its crypto consultancy can help further mainstream adoption of bitcoin,” according to a CNBC report. “Like rival Mastercard, the credit card giant sees cryptocurrencies as a key growth....
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Visa's new crypto consulting services to push for mainstream adoption of cryptocurrencies. Payments giants Visa is launching new consulting and advisory services in a move to help its clients navigate the world of cryptocurrencies. The firm said on Dec. 8 that its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, retailers and other firms on everything from rolling out crypto features and exploring nonfungible tokens, to developing wallets for central bank digital currencies.According to Visa, part of banks' interest....
Visa is piloting a new system to enable banks to seamlessly integrate crypto features. Using Visa’s crypto APIs, banks can offer a number of cryptocurrency services to their customers, including the buying, trading, and custody of bitcoin. Visa announced Wednesday a partnership with First Boulevard, a digitally native neobank focused on serving the Black community. The bank will be the first to pilot Visa’s new suite of crypto APIs. “As part of the initial pilot program, Visa plans to enable First Boulevard to connect to infrastructure provided by Visa’s partner,....
Payments giant Mastercard is expanding its payments-focused consulting service to include cryptocurrency. It covers “a range of digital currency capabilities, from early-stage education, risk assessments, and bank-wide crypto and NFT strategy development to crypto cards and the design of crypto loyalty programs.” Mastercard’s Crypto Consulting Service Mastercard announced Tuesday the expansion of its payments-focused consulting service. Among the new practices is one dedicated to “crypto & digital currencies,” the company wrote. Noting that it is....
Visa is working on a blockchain-based solution for cross-border, business-to-business exchange called Visa B2B Connect. Cross-border payments between businesses is a complex market that is fraught with problems but is lucrative nonetheless, a potential that Visa seems eager to tap into. Visa Unveils its Collaborative Project. Visa, in collaboration with tech start-up, Chain Inc., unveiled the project on October 21, 2016. Chain, a startup that Visa happens to be an investor in, has also worked with Google, Salesforce, Microsoft, Square, and among others in the past. Visa B2B Connect seems....
As Russia continues to press on to the fact that Crimea belong to the Federation now, the more brutal become the actions that US takes against it. Certainly, cryptocurrencies are not going to help government institutions but maybe they can become the last resort for Russian citizens abroad, stranded without means to get back, having their bank accounts frozen. The previous sanctions imposed by US government look like child’s play comparing to what Visa did. The official spokesperson for Visa in Russia made this public statement (translation from Russian site): “The USA treasury has imposed....