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May 15, 2025

Top Post

The Future of Cryptocurrency: A 10-Year Forecast

ABC Money

"As we look ahead to 2035, the cryptocurrency landscape is poised for transformative changes that will reshape our financial systems, technological infrastructure, and global economy. What began with Bitcoin in 2009 has evolved into a complex ecosystem of digital assets, decentralized applications, and financial instruments that challenge traditional economic paradigms."

On the web

Apple Is Placing Warnings on EU Apps That Don’t Use App Store Payments

The Verge

"Apple suggests that users are putting themselves at risk by using third-party alternatives. Apple is trying to dissuade Europeans from using iOS apps that support alternative payment options by making them look scary. Daring Fireball’s John Gruber spotted that a red exclamation mark icon is being prominently displayed on the App Store listing for Instacar, alongside a message warning users that it doesn’t use Apple’s “private and secure payment system.”"

Cross Switch Bolsters African Footprint with Strategic Partnership with Pesawise, Kenya

Cross Switch

"Cross Switch has strengthened its African presence by launching services in Kenya and partnering with licensed local payment provider Pesawise. This collaboration makes the most of Pesawise’s solid regulatory standing and trusted reputation, allowing Cross Switch to establish its footprint and, together with Pesawise, immediately deliver payment solutions to businesses throughout Kenya."

Optimizing EMV Testing & Certification: Automation Strategies for Streamlining Payment Acceptance

U.S. Payments Forum

"The payments industry is undergoing rapid transformation, driven by evolving consumer demands and technological advances. As EMV and contactless payment solutions become more widespread, the need for rigorous and efficient testing methodologies has never been more essential. This white paper explores the critical role of test automation in enhancing the quality, speed, and reliability of payment acceptance applications."

Perplexity Selects PayPal to Power Agentic Commerce

PayPal Newsroom

"Perplexity announced that it has partnered with PayPal to power agentic commerce across its Perplexity Pro platform. Starting this summer in the U.S., consumers can check out instantly with PayPal or Venmo when they ask Perplexity to find products, book travel, or buy tickets."

DeCard by DCS and Visa Offers Secure, Frictionless, Real-World Utility — Micro Credit Card Fueled by Fiat or Digital Assets

Macau Business

"DCS Card Centre, a financial institution that pioneered cashless payments as Diners Club Singapore, and Visa, have launched DeCard Visa card — a regulated micro credit card with a flexible and high limit, allowing users to top up via fiat or with digital assets. DeCard Visa card delivers flexibility, control, and transparency across both traditional and digital funding sources."

Streaming Services Have a “Huge Appetite” for Automatic Pix, Says BC

Finsiders Brasil

"With its launch confirmed for June 16, Automatic Pix has already been attracting interest from large companies, including some of the largest streaming services operating in Brazil. The new method, which has been undergoing approval testing since the end of April, is designed to facilitate recurring payments, such as utility bills, subscription plans, school fees, and more."

On the wires

May 14, 2025

Top Post

On the web

Plaid: Product Updates - May 2025

Plaid

"Key improvements across Plaid in May—from faster fund availability and smarter fraud detection to a more streamlined onboarding flow. Plus, now get instant product support by chatting with Claude in the dashboard."

Stablecoins Will Expand Beyond Crypto Trading, Become Part of Mainstream Economy, Citi Predicts

CoinDesk

"The stablecoin market could soon eclipse the entire crypto trading ecosystem that gave birth to it as regulatory tailwinds allow for the integration of the fixed-value tokens into the mainstream economy, according to predictions from global bank Citi. Above and beyond their role as tokenized cash for the crypto trading community, stablecoins — digital tokens whose value is pegged primarily to the U.S. dollar — are already expanding into payments and remittances."

On the wires

May 13, 2025

Top Post

‘It Is Not Illegal to Charge Fees,’ Apple Tells Brazilian Regulator on NFC Probe

9 to 5 Mac

"Apple Pay and the iPhone’s NFC sensor have long been the subject of disputes around the globe. Last year, the European Commission compelled Apple to grant developers access to the NFC reader, and more recently, the company expanded this access in other regions due to increasing regulatory pressure. Now, a national payment system in Brazil has a regulatory body taking an even closer look at the iPhone’s NFC, and it appears the company isn’t willing to budge."

On the web

Circle’s Dollar Coin Payment Network: South Korea Left Out

Business Korea

"Circle Internet Group, the issuer of the dollar-based stablecoin USDC, has established a systemenabling global remittance and settlement solely through stablecoins. However, it has been revealedthat not a single South Korean company has participated in the network. Critics argue that due tothe legal and institutional vacuum regarding stablecoins in Korea, domestic nancial institutionsand ntech companies are falling behind."

On the wires

Telecom Italia Mulls Including Insurance, Payments, Energy Services in Bylaws, Sources Say

Reuters

"Italy's biggest phone group Telecom Italia is considering adding insurance, digital payments and energy to its business as described in its bylaws ahead of expanding the offering of those services, two sources told Reuters. Having sold its prized landline grid, TIM, the heir to Italy's phone monopoly, is looking to reshape its consumer arm to offer clients more services beyond mobile and fixed broadband connectivity, to boost its average monthly revenue per unit."

May 12, 2025

On the web

Nigeria Adopts Papss to Simplify Intra-African Cross-Border Payments

Trade Finance Global

"The Central Bank of Nigeria (CBN) has unveiled a progressive circular that dramatically simplifies documentation requirements for transactions via the Pan-African Payment and Settlement System (PAPSS). Under the new directive, effective immediately, individuals can now conduct transactions up to $2,000 per month with minimal documentation, while corporate entities enjoy a threshold of $5,000. Only basic know your customer (KYC) and anti-money laundering (AML) documents will be required."

On the wires

FTC Hits Pause on ‘Click to Cancel’ Rule

Reuters

"The U.S. Federal Trade Commission is delaying implementation of a rule set to take effect next week that would require businesses to make it as easy to cancel subscriptions and memberships as it is to sign up, to give companies more time to comply, the agency said on Friday. The rule that has drawn cheers from consumer groups and a lawsuit from business associations was set to take effect on May 14. The FTC will now begin enforcing it on July 14, according to the announcement."

Recurly Announces Strategic Acquisitions of Redfast and Prive to Accelerate the Future of Subscription Growth

Business Wire

"Recurly announced that it has acquired the Shopify-first subscription platform Prive and subscriber engagement personalization tool Redfast. With these additions, Recurly becomes the first and only subscription management suite to fully integrate billing, payments, analytics, real-time subscriber engagement, and ecommerce subscription management."

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