Banking Industry Blockchain Cryptocurrencies Digital Currency Stablecoins

Episode 283 - Banking on Stablecoins, with Scott Southall and Will Artingstall, Citi

In this episode, Yvette Bohanan and Ashley Lannquist welcome Scott Southall, Head of BaaS, and Will Artingstall, Head of Digital Assets Payments and e-Commerce at Citi, to dig into what recent stablecoin regulatory changes mean for the future of banking, how U.S. institutions are mobilizing behind digital dollars, why clients are asking about new forms of money, and what’s next as stablecoins potentially go mainstream in the American financial system.

Industry

Paxos Selects Mesh To Enable Trusted Crypto Deposits

PR Newswire

“Mesh, the leading crypto payments network, announced a partnership with Paxos, the leading regulated blockchain infrastructure and tokenization platform. This integration will allow Paxos to deploy Mesh’s technology across its customer base, in order to enable seamless crypto deposits from verified sources.”

Companies

OCC Approves Paxos Application to Convert to OCC Trust; Paxos to Complete Conversion Imminently to Become a Federally Regulated Blockchain Infrastructure Provider

Paxos

“Paxos, the leading blockchain infrastructure platform for innovative institutions and enterprises, announced it has received approval to convert its New York Department of Financial Services (NYDFS) limited purpose trust charter to a national trust charter overseen by the U.S. Office of the Comptroller of the Currency (OCC).  Upon conversion, all of Paxos Trust Company’s US-based […]

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Industry

PAX Technology and Wink Transform the Point-of-Sale with Biometric-Powered Payments Identity-Driven Commerce Redefines How Consumers Authenticate and Pay

Wink

“PAX Technology, Inc., a leading global provider of secure and innovative payment terminals, announced a strategic partnership with Wink Inc, the multimodal biometric identity and payments platform.‍The partnership will combine PAX’s next-generation payment hardware with Wink’s innovative AI-driven platform, creating persona-powered commerce where a customer can pay simply by being recognized—no wallet, card, or phone required.”

Companies

PNC First Major Bank to Launch Direct Bitcoin Access for Clients, Powered by Coinbase's Crypto-as-a-Service Infrastructure

PNC Financial Services Group

“PNC Bank announced the launch of direct spot bitcoin trading capabilities for eligible clients of PNC Private Bank®, making PNC the first to market with such an offering among the major U.S. banks. Powered by Coinbase’s Crypto-as-a-Service (“CaaS”) market leading infrastructure, PNC has enabled clients to buy, hold and sell bitcoin directly through PNC’s own […]

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Companies

TenPay Global and Mastercard Collaborate to Enable Fast and Secure Remittances to Weixin Pay

Mastercard

“TenPay Global, Tencent’s cross-border payment platform, and Mastercard Move, Mastercard’s money movement business, have announced a collaboration to facilitate fast, secure and transparent digital remittances directly to Weixin Pay, a leading mobile payment service within the Weixin ecosystem in China. Through Mastercard Move, eligible senders around the world will be able to send salaries and […]

Tags: Mastercard

Blockchain CBDC Cryptocurrencies Digital Currency Stablecoins

Episode 282 - Why You Need a Stablecoin Strategy, with Ran Goldi, Fireblocks

In this episode, Yvette Bohanan welcomes back Ran ‘Goldi' Goldshtein, Senior VP of Payments and Networks at Fireblocks to provide his perspective on the evolution of the digital currency space. Tune in as they break down a stablecoin transaction, discuss the current state and adoption of blockchain technology, and review various use cases for stablecoins. They define terms like TradFi, Defi, and smart contracts, and explore the impact of tokenized deposits and AI on the digital currency landscape.

Companies

Ant International Upgrades Antom Copilot to Advance Domain-Specific Agentic AI to Solve Global Payment Complexity

Antom

“Antom, a leading merchant payment provider under Ant International, announced major upgrades to Antom Copilot, its industry-first AI agent designed for merchant payment and operations management. Integrated into the Antom Merchant Portal, Antom Copilot now provides enhanced automation and tailored assistance based on learnings from real-world cases, to help merchants handle payment complexity more efficiently. […]

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Card Acceptance Credit Cards Interchange Mastercard Visa

Episode 281 - Fanning the Flames - Unpacking the Latest Proposed Settlement of the Payment Card Interchange Litigation

In this episode, Bryan Derman, Russ Jones, and Chris Uriarte share their first-take analysis of last week’s proposed settlement of the long-running antitrust litigation between Visa/Mastercard and a group of merchants regarding Payment Card Interchange and Merchant Discounts. The discussion covers the basic parameters of the settlement proposal and then investigates some of the possible reactions by merchants, issuers, and networks were the settlement to be approved the by judge.

Companies

Intuit and OpenAI Join Forces to Revolutionize Financial Intelligence, Powering Every Person, Business, and Dream with Personalized Experiences

Intuit Inc.

“Intuit Inc. announced a multi-year, strategic partnership with OpenAI to create the future of Financial Intelligence by bringing together leading platforms to drive the next era of growth with Intuit-powered apps in ChatGPT. ChatGPT users will be able to take trusted, secure, and accurate financial actions through these apps, which can be directly accessed within […]

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Companies

Ant International Deepens Participation in Project Ensemble as New Architecture Community Member

Business Wire

“Ant International announced it has joined Project Ensemble’s Architecture Community to support the design and advancement of Hong Kong’s tokenisation ecosystem. As a Community member, it will be more involved in defining industry standards and supporting the development of Hong Kong’s tokenisation market, together with the Hong Kong Monetary Authority (HKMA) and leading peers.”

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Companies

Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

Business Wire

“Antom, a leading provider of merchant payment and digitisation services under Ant International, today announced EPOS360, an app that brings point-of-sale (POS) system, payments, banking, lending, and growth support together to help micro, small and medium-sized enterprises (MSMEs) move from setup to scale efficiently.”

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Companies

Ant International Launches World’s First Iris Authentication Feature in Smart-glasses Payment Solution

Business Wire

“In a global first, Ant International, a leading global digital payment, digitisation, and financial technology provider, has added iris authentication features to Alipay+ GlassPay, its AR glasses-embedded payment solution, through partnerships with leading smart glasses producers.”

Industry

Paystand Acquires Bitwage to Make Stablecoins Enterprise-Grade for Global B2B Finance

Business Wire

“Paystand, the leading blockchain‑powered B2B payments network, announced it has acquired Bitwage, the leading platform for stablecoin‑enabled cross‑border payouts. The deal positions Paystand to deliver enterprise‑grade stablecoin settlement and FX across its network, which has processed more than $20 billion in payment volume for 1,000+ enterprises and more than one million businesses worldwide.”

Companies

Anchorage Digital Selects Modern Treasury to Power Money Movement Infrastructure

Business Wire

Modern Treasury announced that Anchorage Digital — a leading global crypto platform for innovators and investors — will use Modern Treasury’s infrastructure to power its money movement and ledgering. Anchorage Digital provides institutional-grade trading, staking, governance, custody, stablecoin issuance, and settlement for digital assets. With Modern Treasury, Anchorage Digital can automate money movement via multiple […]

Tags: Modern Treasury