How Crypto Processing Is Changing the Payments Sector and Why the Industry Is...
— Conversation with CoinsPaid CEO Max Krupyshev. Last year, the CEO of one of the largest payment systems in the world, PayPal, Dan Shulman, said that crypto payments would go mainstream. And it looks like the expert’s predictions are coming true. Recent research by Wirex and the Stellar Development Foundation proves that cryptocurrency payments represent […]
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On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial Conduct Authority’s (FCA) warning against Binance operating in the UK has caused a lot of issues for the company. On Monday, the global payments solutions provider Clear Junction revealed it was no longer....
BitFury Capital, the investment arm of BitFury Group, announced today a strategic investment in digital currency payments processor GoCoin. GoCoin allows merchants to accept bitcoin and other digital currencies, and have that converted to local currency immediately. And as one of the leaders in the crypto-processing realm, GoCoin seems like it's a sure thing. As such, an investment here is no surprise. This is the third investment for BitFury Capital. The seed fund was established earlier this year with the intent to "support multiple players" in the fast-growing cryptocurrency industry.....
Cryptocards have opened up a new set of customers for the electronic payments sector as it offers them a way to spend their cryptocurrency at any place that accepts card payments. The electronic payments sector is a huge industry that is growing at a rapid pace. The growth of population increased spending power combined with multiple payment options has been the greatest contributing factor for its growth over the years. The advent of cryptocurrencies opened up a whole new section of electronic payments waiting to be capitalized upon by the credit/debit card issuers, payment processors and....
The securities industry in Taiwan is looking forward to overhauling its financial technology sector to meet the needs of changing financial landscape. The blockchain revolution is catching the world by storm. As the adoption of latest technology in banking and financial sector picks up in the developed nations, other countries are preparing themselves for the eventual shift from conventional platforms to distributed ledger based applications. Taiwan has now started to explore new technology solutions for its financial sector. Yesterday, a Taiwanese news publication reported the country’s....
A decade or so ago, checks and cash payments were the standards, which then got replaced by wire transfers and money orders. But in this day and age, new payment technology such as mobile payment solutions and peer-to-peer digital cash are driving “inevitable” change in the payments industry, according to a new report from Payments UK. Paying for goods....