Payments

Payments

Korea’s Oldest Mileage Program May Convert Cash Points to Crypto

The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency.

Business  ·  3 July 2018
Payments

‘Secret Contracts’ Developer Engima Launches Test Blockchain

A built-from-scratch blockchain aiming to enable private contracts between users has officially entered testing. 

Business  ·  2 July 2018
Bitcoin Cash

Startup Raises $600K to Build Bitcoin Cash Mobile Wallet

CoinText.io,a blockchain startup developing a way of conducting offline bitcoin cash transactions, closed a $600,000 seed funding round.

Business  ·  29 June 2018
Patents

Alibaba Seeks to Eliminate Middlemen in Blockchain Payments Patent

A new patent filing reveals Chinese e-commerce giant has been exploring the use of blockchain technology to speed up international payments.

Business  ·  29 June 2018
Coinbase

Coinbase CEO Unveils Crypto Charity for the Unbanked

Coinbase CEO and co-founder Brian Armstrong wants to help the unbanked access financial services with a new charity, GiveCrypto.org.

Business  ·  27 June 2018
Payments

Chat App Kik Launches ‘Crypto-Economy’ With Kin Token Integration

Messaging app Kik's users can now begin earning and spending its kin token with the launch of its "crypto-economy," the company said Wednesday.

Business  ·  27 June 2018
Regulation

US Senators Discuss Crypto Threat to Domestic Elections

DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

Policy & regulation  ·  26 June 2018
Payments

AlipayHK Opens Blockchain Remittance Corridor to the Philippines

The payment affiliate of China's e-commerce giant Alibaba has launched a blockchain-based remittance service between Hong Kong and the Philippines.

Business  ·  25 June 2018
Payments

Amsterdam Airport Lets Travelers Swap Leftover Euros for Crypto

Amsterdam's Schiphol airport has launched an ATM that allows departing travelers to exchange their remaining euros for bitcoin or ethereum.

Business  ·  21 June 2018
Payments

Robinhood CEO: It’s ‘Very Foolish’ to Rule Out Bitcoin

More than a million people signed up to trade cryptocurrencies after Robinhood first announced the feature, co-CEO Vlad Tenev said Wednesday.

Business  ·  20 June 2018
Patents

Walmart Patent Eyes Crypto Payments for Power Supply Precision

Retail giant Walmart is exploring a way to let households manage their electricity bills with prepayments in cryptocurrency.

Business  ·  15 June 2018
Payments

AmEx Is Hiring to Help Sell a Ripple Powered Blockchain Product

The partnership between American Express, Ripple and Santander Bank that began back in November of last year is reaching new heights.

Business  ·  11 June 2018
Ethereum

Crypto Startup Wala Is Reaching Africans with Ethereum Micropayments

South Africa startup Wala is using microraiden for high volume, low-value, off-chain ethereum transactions. And people are using it in the thousands.

Business  ·  11 June 2018
Payments

How Blockchain Can Finally Fulfill Its Promise in Global Payments

Several leading institutions are working towards producing tokenized digital central bank money, a more viable approach than unbacked crypto-assets.

Tech  ·  9 June 2018
Patents

Mastercard Patent Would Put Credit Cards on a Public Blockchain

A patent filing from Mastercard explores how to use public blockchains to securely verify card credentials at the point of sale.

Business  ·  8 June 2018