Search results for "bitcoin"

August 25, 2022
PYMNTS Intelligence: As Banks Embrace Digital-First Banking, Their Crypto Adoption...

Cryptocurrencies and other crypto-related technologies have been gaining steam among consumers in recent years. What was once an obscure digital technology is now fairly mainstream, with data from PYMNTS indicating...


August 24, 2022
Today in Crypto: Coinme Adds Dogecoin, Other Crypto to Grocery...

Bitcoin kiosk company Coinme now sells ether, polygon, chainlink, dogecoin, litecoin and stellar from its 10,000 grocery store kiosks, a Coindesk report said Wednesday (Aug. 24). The six new coins...


August 24, 2022
Today in the Connected Economy: Peloton Turns to Amazon to...

Today in the connected economy, Peloton turns to Amazon to sell its home exercise equipment, marking the first time the company has worked with an outside retailer. Plus, Malaysian investment...


August 24, 2022
Bakkt, Sullivan Bank Team to Let Banking Customers Trade Crypto

Cryptocurrency platform Bakkt Holdings has joined forces with Sullivan Bank to let the bank’s customers buy, sell and hold bitcoin and Ethereum through the Bakkt Crypto Connect tool. “We are...


August 24, 2022
Quontic Bank on the Uncertainty and Potential of Crypto’s Future...

Of all the unlikely technologies to catch on in recent years, cryptocurrencies stand out as one of the more improbable — and unpredictable. In 2008, an anonymous author, using the...


August 23, 2022
NFT Weekly: NFT Apes Make Poor Collateral

You’ll be shocked — shocked — to learn that a crypto lending platform that loaned out for collateral consisting of things like six-figure cartoon ape NFTs has had a liquidity...


August 23, 2022
Binance Offering One Month of Fee-Free ETH/BUSD Trading

Cryptocurrency trading platform Binance will begin offering a month of zero-fee trading for the ETH/BUSD spot trading pair, the company announced Tuesday (Aug. 23). According to the announcement, the offer...


August 23, 2022
How Crypto Shields Merchants Against Chargeback Fraud

One way to get a merchant’s ears to perk up when the idea of accepting crypto payments comes up is to mention one big benefit: no chargebacks. That’s simply a...


August 23, 2022
Banks Use Bitcoin Rewards to Attract the Crypto-Curious Consumer

The financial services industry is transforming, with consumers and businesses becoming more interested in using digital technology to handle their financial needs. Financial institutions (FIs) are evolving to meet consumers’...


AML/KYC
How Gemini Balances User Privacy With AML And KYC Compliance Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for AML and KYC compliance. In the “AML/KYC Tracker,” a PYMNTS and Trulioo collaboration, Elena Hughes, chief compliance officer at Gemini, explains how platforms can selectively collect data to ensure user privacy and adhere to regulations.  
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.