FTX wants to recoup the millions it and disgraced founder Sam Bankman-Fried gave to charity. That might be easier said than done, The Wall Street Journal (WSJ) reported Saturday (Jan. 7), noting the latest wrinkle in the ongoing saga of the collapsed cryptocurrency exchange. The...
By many accounts, we’re living during a golden age of philanthropy and charitable giving. Urged on by Bill Gates and Warren Buffet, 236 of the world’s wealthiest individuals have agreed to dedicate around $600 billion of their total wealth to charitable causes as part of...
It’s hard to think of any type of payment more fraught with legal restrictions and privacy issues than political donations. And that’s doubly true when those donations are in bitcoin or some other cryptocurrency. The laws change state-by-state as well as federally, the penalties for...
For financial institutions (FIs) of all sizes, maintaining a local presence and doing good work can have positive ripple effects. John Owens, president of Elan Credit Card, told PYMNTS that FIs’ visibility and active participation in the communities where they operate can influence where customers...
November 24, 2022
By many accounts, we’re living during a golden age of philanthropy and charitable giving. Urged on by Bill Gates and Warren Buffet, 236 of the world’s wealthiest individuals have agreed to dedicate around $600 billion of their total wealth to charitable causes as part of the Giving Pledge, and the global reach of philanthropy counts […]
October 28, 2022
It’s hard to think of any type of payment more fraught with legal restrictions and privacy issues than political donations. And that’s doubly true when those donations are in bitcoin...
October 03, 2022
For financial institutions (FIs) of all sizes, maintaining a local presence and doing good work can have positive ripple effects. John Owens, president of Elan Credit Card, told PYMNTS that...
January 16, 2020
From where PayPal sat, the world was a very generous place in the year 2019. According to data released this morning, donation processing had a record-breaking year on multiple fronts...
August 24, 2023
GoFundMe says it has added Venmo as a payment method to speed fundraiser donations. “Sixty-one percent of donors are most likely to hear about causes through word of mouth from their friends and family, and Venmo’s community of nearly 90 million active customers is social by nature,” the company wrote on its blog Thursday (Aug. 24). “With Venmo as […]
January 08, 2023
FTX wants to recoup the millions it and disgraced founder Sam Bankman-Fried gave to charity. That might be easier said than done, The Wall Street Journal (WSJ) reported Saturday (Jan....
December 16, 2021
The internet finance platform Circle and Endaoment have joined forces to create a USDC-based disaster relief fund to help victims of last week’s deadly tornadoes in the midwest. The fund...
July 21, 2020
Instagram is debuting a new way to raise money, the company announced in a blog post. The photo- and video-sharing social networking service owned by Facebook said the new service...
