Affirm Holdings, Inc. (NASDAQ:AFRM) Barclays 14th Annual Emerging Payments and FinTech Forum May 15, 2024 2:25 PM ET Company Participants Brooke Major-Reid – Chief Capital OfficerRobert O’Hare – SVP, Finance Conference Call Participants Ramsey El-Assal – Barclays Ramsey El-Assal All right. Our next fireside chat of the day is with the Brooke Major-Reid, Chief Capital…
Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this payment method, according to a press release sent to Bitcoin Magazine. JUST IN: Private jet charter service…
Lock Stock Thesis Shift4 Payments’ (NYSE:FOUR) stock saw a massive spike after reporting Q4 earnings. This was likely due to the combination of a good earnings report/guidance and M&A speculation. No M&A activity ended up taking place, and since then the stock has declined precipitously. We believe the recent selloff is overdone and that long-term…
Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments. “This is a protocol similar to the Lightning Network,” Super Testnet stated. “And that it is a layer 2 for Bitcoin payments, only in this one, unlike the Lightning…
Matt Corallo proposed a little more than a week ago a BIP for the coordination of making Bitcoin payments. Making bitcoin payments has always presented something of a challenge in terms of coordination, both on-chain and off-chain with protocols like Lightning, for different reasons. When it comes to digital systems like email or payment systems…
With the previous articles, we found the disconnect between paid-for work and paid-for time. We also understood that if you want to get paid you have to provide work that is valuable for others. So when the person consumes the benefit of your work, the exchange happens value for value – work for sats. But…
Daenin Arnee Investment Thesis Global Payments (NYSE:GPN) is a company that helps businesses process payments securely and efficiently. They offer a range of technology-driven solutions, including software for point-of-sale systems, issuer services, and business-to-business solutions, allowing companies to manage transactions and financial processes. I don’t believe this warrants my investment. The stock looks cheap at…
For Bitcoin to compete with major currencies as a world reserve currency, more merchants must accept it for payment to further improve existing liquidity. The adoption of Bitcoin (BTC) as a global payment currency and investment vehicle has continued to gradually challenge traditional, political, and geographically oriented fiat currencies. As the leading cryptocurrency with a…
The move into cryptocurrency is not the company’s first foray into the digital assets ecosystem. Last year, Mercari launched different crypto-related offerings for customers. Japanese e-commerce giant Mercari is set to become the first corporate institution to accept Bitcoin (BTC) for payments of goods and services in 2024, starting in June. According to local news…
JulPo Investment Thesis Shift4 Payments (NYSE:FOUR) is, plain and simple, a payment processor company. They have built the tech and software to allow companies to charge its clients. They serve more than 200,000 business locations across major industries like hospitality, restaurants, sports venues, and e-commerce. They have everything from the POS system, to the software…
Whether transferring money to family abroad or tipping a tour guide on vacation, Coinbase Wallet lets users easily create a personalized link for any payment amount. Cryptocurrency platform Coinbase aims to make sending money worldwide easier, faster, and more affordable through newly added features. Users can now instantly send funds globally by simply creating a…
Polygon will help Lugano achieve its goals by providing rails to facilitate some of the transactions. Lugano, one of the most popular tourist destinations in Switzerland, has embraced the Polygon network, a Layer 2 scaling solution built on the Ethereum ecosystem to accelerate its crypto evolution. In an announcement on November 22, Polygon said the…
This lawsuit adds to Apple’s recent antitrust challenges. In September, a US judge ruled that payment card issuers could sue Apple over alleged anti-competitive practices related to its Apple Pay mobile wallet. In a recent legal development, Apple Inc (NASDAQ: AAPL) finds itself entangled in a class-action lawsuit filed by Venmo and Cash App customers….
The platform includes a Coinbase Commerce button which allows merchants to easily accept payments for goods, services, and donations. In a groundbreaking move towards enhancing the user experience in onchain payments, Coinbase Commerce has unveiled a comprehensive set of product updates. This development, announced in a recent blog post, is set to address the challenges…
Commenting on the partnership with Ripple, Dare Okoudjou, founder & CEO at Onafriq, said the deal is the first step towards the implementation of the company’s crypto strategy. The leading blockchain payment company Ripple has secured a partnership with Onafriq, one of the top mobile payments companies in Africa, to expand the capabilities of its remittance…
Oasys recently formed a strategic alliance with Adventure Gold DAO (AGLD DAO). This collaboration aims to improve the world of fully on-chain games while also supporting the growth of Autonomous Worlds. Oasys, a game-optimized blockchain that utilizes Ethereum’s Layer-2 scaling solution, has announced a strategic partnership with Singularity, a cross-chain payment solution. This alliance is…
The collaboration with Uphold comes shortly after Ripple celebrated a recent triumph in its ongoing legal battle with the US SEC. Blockchain payment infrastructure company Ripple has secured a new partnership with Uphold, a US-based crypto-focused financial firm known for providing innovative solutions to streamline business offerings. The new partnership, announced on October 24, will…
A new study conducted by the Bank of International Settlements (BIS) has shed light on the true extent of Bitcoin’s impact on cross-border payments, revealing that its significance may be even greater than previously believed. According to a report by Reuters, the findings challenge conventional assumptions and underscore the growing relevance of Bitcoin in the global…
As part of Project Marina, the three banks have collaborated with the Bank of International Settlements (BIS), for conducting CBDC cross-border settlements. The central banks of France, Switzerland, and Singapore collaborated with the Bank of International Settlements (BIS) to conduct a joint test for cross-border payments with central bank digital currencies (CBDCs). On Thursday, September…
In addition to the JPM Coin, JPMorgan is now developing another blockchain asset that will function as a deposit token for cross-border transactions. Multinational bank and financial services giant JPMorgan (NYSE: JPM) is developing a blockchain deposit token to smoothen cross-border payments and settlements. According to a person familiar with the project, JPMorgan will use a digital…
Sheffield said that Visa sees great potential for blockchain technology, especially in global and cross-border payments. Payments giant Visa Inc (NYSE: V) will rely on multiple blockchains in the future. This is according to a blog post by the company’s Head of Crypto Cuy Sheffield dated September 6. In the post, Sheffield also spoke on…
The Colorado Division of Motor Vehicles (DMV) has announced that it now accepting Bitcoin and cryptocurrency as a payment option through PayPal for Coloradans to renew driver’s licenses, identification cards, and vehicle registrations. “At the DMV, we’re always looking for ways to better serve Coloradans and leverage technology to offer our services,” said Senior Director Electra…
Ivy will use these funds to expand its footprint in different regions and partner with major payment service providers thereby helping them power their own open-banking offerings. On Thursday, August 31, Berlin-based startup Ivy announced that it secured a staggering $20 million in funding in order to take the open-banking payments international. Ivy recently built…
golero/E+ via Getty Images At the August 22-24 BRICS summit in Johannesburg, the leaders of Brazil, Russia, India, China and South Africa said they wanted to use more of their national currencies for cross-border payments, which are currently dominated by the U.S. dollar and other global convertible currencies. Like China and the other BRICS, several…
The spotlight recently came on sanctioned Russian banks after they were spotted as payment options on some top crypto exchanges. OKX and Bybit appear to have followed in the footsteps of Binance in a recent move that saw the exchanges de-list two Russian banks from their accepted payments option. As seen on both exchanges, Tinkoff…
CoinCorner, a global leader in Bitcoin and Lightning Network services, and Lolly, the hospitality software house, have joined forces to bring Bitcoin payment functionality to the LollyPoS platform, according to a press release sent to Bitcoin Magazine. This partnership aims to transform the way payments are processed in the industry by integrating Bitcoin Lightning payments seamlessly into…
In addition to aiding USDC payments on Shopify, the integration will allow businesses to design their respective loyalty programs. Canadian e-commerce giant Shopify (NYSE: SHOP) has integrated Solana Pay into its network, meaning users can now make instant payments with cryptocurrencies like USDC. Although the platform is launching the new feature first with the USD…
keeweeboy/iStock via Getty Images India’s audacious leap from a cash-centric economy to a pioneering digital payments powerhouse is revolutionizing the financial landscape. India’s digitization journey has revolutionized multiple sectors and transformed the lives of its citizens. With a particular focus on digital payments, India has ushered in a new era of financial accessibility, convenience, and…
While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company’s rival Binance already completed the integration of the L2 network last month. American-based cryptocurrency exchange Coinbase plans to explore the possibility of integrating the Bitcoin Lightning Network into its platform. The move is part of a broader plan to expand digital asset…
In an announcement Thursday morning, the Federal Reserve unveiled that its instant payment system, the FedNow® Service, has officially gone live. This tool aims to empower banks and credit unions of all sizes to facilitate instantaneous money transfers for their customers. The Federal Reserve claims that FedNow transactions can be executed 24/7, 365 days a…