Search results for "bitcoin"

August 22, 2022
Computer Services Inc. Sold to Investment Firms for $1.6B

FinTech and RegTech solutions provider Computer Services Inc. (CSI) is set to be purchased by a pair of investment firms for $1.6 billion, the company announced Monday (Aug. 22). According...


August 22, 2022
Gensler Changes Tactics in Capitol Hill Crypto Fight

Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in tactics. In an Aug. 19...


August 22, 2022
Mercado Libre’s New Crypto Raises Privacy Regulation Questions

The Mercado Coin announced Thursday (Aug. 18) by Latin American eCommerce giant Mercado Libre may be a digital currency issued on the Ethereum blockchain, but it’s not really a traditional cryptocurrency....


August 21, 2022
Today in Crypto: Celsius Can Operate Through 2022, CFO Says;...

Stocks related to crypto were down Friday (Aug. 19), with bitcoin losing momentum and falling below $22,000 due to bigger fears in the economy. In particular, the group was led...


August 21, 2022
Payments Use Cases Lure Corporate Crypto Investors

Seven of the 10 most active blockchain investors among large public companies have stakes in at least one company that offers payment services. That’s according to blockchain market intelligence firm...


August 19, 2022
Today in the Connected Economy: The Weather Channel Joins the...

Today in the connected economy, The Weather Channel begins testing a subscription program in partnership with Trip Advisor and USA Today. Plus, DoorDash ends a partnership with Walmart to offer...


August 19, 2022
El Salvador Weekly: What Disappearing Bitcoin ATMs?

El Salvador’s finance minister, Alejandro Zelaya, said on Aug. 11 that “the Salvadoran population continues to use Bitcoin and the Chivo Wallet,” in the words of a local news outlet....


August 19, 2022
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe

A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for a federal judge to force...


August 19, 2022
BitPay Enables Consumers to Purchase Best Buy Gift Cards With...

Crypto payments technology firm BitPay has added Best Buy gift cards to the range of gift cards that it enables consumers to buy with cryptocurrency. With these new gift cards,...


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.