USA
👀How are payments and the card business changing? A summary Paid Members Public
👀How are payments and the card business changing? A summary Representatives from payment systems, banks, marketplaces, Big Tech, and fintech companies agree that the natural evolution is making payments cheaper. ➡️History: ✅Payment cards appeared in the mid-20th century in the US🇺🇸, when Frank McNamara and Ralph Schneider founded Diners Club.
😱Revolut🇬🇧🇱🇹 is considering launching its own stablecoin Paid Members Public
😱Revolut🇬🇧🇱🇹 is considering launching its own stablecoin In the United States and globally, the regulatory environment is constantly changing, and the British-Lithuanian cloud bank once again demonstrates its ability to adapt to emerging trends. ▶️ Reminder: In 2024, Revolut launched Revolut X, a centralized crypto exchange available throughout the European Union,
💵Coinbase🇺🇸exchange launches a stablecoin platform for e-commerce Paid Members Public
💵Coinbase🇺🇸exchange launches a stablecoin platform for e-commerce Coinbase continues its expansion: following its partnership with Shopify, the company has begun a large-scale rollout of its own stablecoin platform for merchants, allowing them to accept payments in USDC, the stablecoin issued by Circle. ➡️The platform, called Coinbase Payments, runs on
🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe Paid Members Public
🎉The Canadian software developer for stores, Shopify, integrates USDC with Coinbase and Stripe Stablecoins are entering everyday commerce. 🔴The new system is set to launch later this year, available through Shopify Payments and Shop Pay.s ➡️Merchants on the Shopify🇨🇦platform will soon be able to accept USDC payments from
🤷♂️Problems with stablecoins: Payoneer’s🇺🇸CFO believes the payments sector is not really ready for them yet Paid Members Public
🤷♂️Problems with stablecoins: Payoneer’s🇺🇸CFO believes the payments sector is not really ready for them yet Several companies, including Mastercard, PayPal, and now Payoneer, are exploring the possibility of using stablecoins for cross-border payments. 🔴The main issue, according to Payoneer’s CFO, Ms. Ordoñez, lies in the “last mile”
⚠️The adventures of cryptocurrency exchanges in Europe Paid Members Public
⚠️The adventures of cryptocurrency exchanges in Europe Coinbase and Gemini are preparing to enter the European market with licenses issued by “small” countries: one is about to obtain registration in Luxembourg🇱🇺 and the other in Malta🇲🇹. However, this approach raises concerns among regulatory bodies. ➡️What’s the problem? Firstly, licenses
😎 Stripe🇺🇸 launches new corporate payment solutions Paid Members Public
😎 Stripe🇺🇸 launches new corporate payment solutions The new developments from the U.S. fintech focus on the use of AI and stablecoins ➡️ The Payments Foundation model, launched in May and based on artificial intelligence, improved attack detection in large companies, increasing effectiveness from 59% to 97%. ➡️ 25 new payment methods
🚀 USA 🇺🇸: Elon Musk begins testing payment app X Money Paid Members Public
🚀 USA 🇺🇸: Elon Musk begins testing payment app X Money Elon Musk has begun testing his new payment app, X Money, which is expected to be operational by the end of the year. ▶️ Announced functionality — The app will allow P2P payments via debit card, as well as instant transfer of funds