Santander Imposes Limit on Crypto Transactions for UK Customers
Santander to impose a £1,000 transaction limit on its crypto customers in the UK
Gucci to Accept Cryptocurrency Payments in US
The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer.
Ripple to Cash In One-Third of its Stake in MoneyGram
Leading blockchain payments company Ripple plans to sell a third of its stake in American money transfer firm MoneyGram.
Paypal CEO Dan Schulman Doubles Down on Crypto Future Potential
Paypal’s Chief Executive Officer Dan Schulman said he is excited about the future of digital currencies and their inherent role in the payments ecosystem.
(Rejected) SEC Chairman Jay Clayton Believes Bitcoin is More of a Store of Value and Payment Mechanism
Jay Clayton, the chairman of the United States Securities and Exchange Commission (SEC), has weighed in on Bitcoin being a store of value and payment mechanism. He acknowledged that the leading cryptocurrency was not a security.
Tesla Reveals Possibly to Resume Bitcoin Payments for Products
Months after it stopped accepting Bitcoin payments for its electric automobiles, American car manufacturing giant, Tesla has hinted at the possibility of continuing this pro-Bitcoin move in the near future
Blockchain in Fintech Sector Expected to Hit $31.4B by 2030
Blockchain in the FinTech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations.
Visa Announces $100 Million Fund for Generative AI in Commerce and Payments
Visa Inc. has announced a $100 million fund to invest in generative AI technologies that are relevant to commerce and payments. The initiative, led by Visa Ventures, aims to foster innovation in the rapidly evolving field of artificial intelligence.
The Importance of Embedded Finance in Today's Fintech World
Banking, lending, insurance, payments, and branded credit cards are popular integrated financial products.
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
GoSats Pairs with NPCI to Launch a New Bitcoin Cashback Reward Card in India
The Bitcoin Rewards app GoSats has partnered with the National Payments Corporation of India (also known as NPCI) to launch a new cash-back reward card in India.
Financial Conduct Authority, on the 2 Key Initiatives to the Era of Open Finance
Following the Part 1 interview of the Financial Conduct Authority, Maha El Dimachki, Head of Payments of the FCA reveals some of her key initiatives in the FCA, including the significance of the second Payment Services Directive (PSD2) among the EU countries and the rationale of the Stronger Customer Authentication. As Co-Chair of Spectrum, the BAME Network Group at the FCA, El Dimachki also provided some advice for women in FinTech!