Cross-border payments innovations are turning global growth frictions into modern fictions. Or, at least, they are working on it. Ripple and Clear Junction announced Wednesday (June 5) that they partnered to bring together Clear Junction’s cross-border payments solutions and Ripple’s enterprise blockchain and crypto solutions....
Blockchain-based technologies may one day change the worlds of finance and payments. But so far, they haven’t. At least, not in the sweeping and transformative manner that early proponents of Web3 and cryptocurrency at first promised. Still, each week, small advances are successively made across...
Instant settlement payment provider Coinflow Labs has raised $2.25 million in seed funding. The company said this funding round, announced Tuesday (May 28), will help it bolster its payments infrastructure solution, which is designed to reduce the time it takes for merchants to receive payments....
Web3 infrastructure firm MoonPay has launched Web3 Tools, a platform for “building mainstream-ready digital experiences.” The platform, announced Tuesday (May 28), expands on MoonPay’s payments and minting infrastructure to offer services such as authentication, identity verification, advanced token-gating, ticketing and insights. “The full potential of...
Can the world of payments and financial services embrace crypto and move on-chain? Maybe partly, and maybe one day. Ultimately, it all boils down to usability, regulation, and of course, investment into the space. Crypto regulation, for its part, is awaiting a potential shot in...
The Web3 space has its sights set on transforming payments and commerce via blockchain technologies. And with the news Wednesday (May 15) that Safe has announced the integration of native swaps directly within its Web3 SafeWallet platform, bringing the benefits of embedded decentralized finance (DeFi)...
Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay...
Stripe is bringing back crypto payments after stopping them in 2018. John Collison, co-founder of Stripe, said in a Thursday (April 25) post on X (formerly Twitter): “Crypto is back.” Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and...
The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured the imagination of various players across payments, finance and commerce: the ability for organizations to represent ownership rights of a...