Coinbase, the cryptocurrency exchange operator, announced Wednesday (Aug. 15) that it has acquired Distributed Systems, a company that has been working on decentralized identity solutions. In a blog post, the company said the Distributed Systems team is working with Coinbase to find new and innovative...
Square, the digital payments company, announced on Wednesday (Aug. 15) that it delivered on its pledge to make EMV transactions faster in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. According to a report in CNBC, citing Jeremy Light, vice president of European Union (EU) strategic accounts at Ripple, the China market is a target for the company. Get the...
Visa and Mastercard have been replaced on Russia‘s Crimean peninsula, as its largest bank has completed the process of switching all credit cards to Russia’s MIR payment system. According to a report in RT, citing the Crimean bank, the process was completed on Tuesday (Aug. 14.)...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Remitly’s updates to its remittance service for sending funds to India. In addition, Japan’s Nippon Biodiesel Fuel plans to roll out an eMoney platform for farmers in Asia, and the U.K.’s...
Sales of toys around the world are on the move: The NPD Group found that toy industry sales topped $18.4 billion for the first half of the year, marking an increase of 4 percent from 2017. In terms of regions, Mexico saw the most toy industry...
To bring a beer tour and tasting experience to its customers, Guinness has opened a $90 million brewery in Maryland. The location is the company’s first new brewery in 60 years, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
To help Lowe’s Companies bring new benefits and purchasing options to its customers, it’s extending its agreement with Synchrony. The agreement gives Lowe’s access to infrastructure related to in-app payments, along with an in-store credit app, Chain Store Age reported. “We are focused on exceeding...
To bring a new women’s fashion line to its stores and website, Walmart is teaming up with Ellen DeGeneres. The move comes as the retailer seeks to expand its presence in the apparel space and grow its market share for clothing, Reuters reported. Get the Full Story...
