Bitcoin Companies Join Payment Giants At Transact 15
The Transact conference is a yearly trade show that brings together the latest in payments and technology. Payments giants including American Express, PayPal, Visa, Bank of America, Chase, and many others gather at this yearly event to learn about new technologies and form partnerships. In its very essence, this is a traditional payments conference. And....
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MasterCard's participation in Digital Currency Group's undisclosed funding round sent ripples of excitement across the crypto-sphere earlier this week. While this is MasterCard's first crypto-related investment, the multinational corporation is not the first mainstream finance company to dip its toe in the bitcoin and blockchain technology pool. Banks have publicly embraced blockchain technology and prominent figures from traditional finance have also lauded its potential. But how exactly are payment giants such as MasterCard interacting with the world of crypto? Be it through direct....
Mastercard is set to open the shop doors to crypto as a means of payment in 2021, but it will likely be a challenge for the firm. On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while opening up new opportunities for merchants as well. The announcement followed a presentation on Jan. 30 in which Visa reaffirmed its plans to continue to push for cryptocurrency payments and on-ramps, showing....
A paradigm shift that will transform the digital economy: It is the internet itself that offers the services, not a few private operators. The time has come to fight against the dominance of the internet giants. In Europe, various regulations have been announced that aim to force these giants to respect more healthy rules of the game and to be more protective of users' rights and of competition. Some even brandish the threat of dismantling some of the tech giants, a weapon of mass destruction rarely used in history.Is an alternative path of a truly decentralized internet....
Cryptocurrencies may see a boost between China and the U.S., as the American president Donald Trump has signed an executive order banning financial transactions with eight China-based payment applications. Following the signing of Trump’s new executive order, popular payment apps including Alipay, Wechat Pay, and Tencent’s QQ will be banned in America in 45 days. According to the latest executive order signed by U.S. President Donald Trump, Americans will be prohibited from transacting with eight different Chinese payment applications. Transactions processed with these apps....