The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly moving into practical use. “It’s important to know that crypto is not just bitcoin and...
The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions (FIs) — including Visa, Mastercard, Citi and JPMorgan — managed by the Securities Industry and Financial Markets Association (SIFMA). “In the current financial system,...
Four years ago, the pandemic began to give wings to contactless payments. Now, as shown by earnings results from the likes of Mastercard and Visa, the payment methodology has taken flight. PYMNTS Intelligence data noted earlier this year that more than half of consumers surveyed said they still preferred to...
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...
May 13, 2024
The landscape of digital assets, blockchain and Web3 technologies is undergoing a shift. What was once considered theoretical or looked at askance in light of scandal and volatility is now increasingly moving into practical use. “It’s important to know that crypto is not just bitcoin and Doge and NFTs,” Sheraz Shere, head of payments at Solana Foundation, told […]
May 02, 2024
Four years ago, the pandemic began to give wings to contactless payments. Now, as shown by earnings results from the likes of Mastercard and Visa, the payment methodology has taken flight. PYMNTS Intelligence data...
April 03, 2024
Tokenization is gaining momentum on the global stage, and with commercial applications. The Bank for International Settlements announced Wednesday (April 3) that it is working in tandem with seven central banks —...
February 16, 2024
Nearly five years after Click to Pay was introduced (initially as Secure Remote Commerce), Jennifer Marriner, EVP, Global Acceptance Solutions at Mastercard, told Karen Webster, “The actual use cases are...
May 08, 2024
The U.S. financial system is exploring the use of shared ledger technology for multi-asset transactions. The project will involve a number of high-profile financial institutions (FIs) — including Visa, Mastercard, Citi and JPMorgan — managed by the Securities Industry and Financial Markets Association (SIFMA). “In the current financial system, commercial bank money, wholesale central bank money, and securities such […]
April 04, 2024
Visa and Skipify partnered to streamline consumers’ checkout experience with Skipify’s next-generation digital wallet. The collaboration will enable Skipify customers in a growing number of global markets to link Visa Click to Pay cards with...
March 26, 2024
Visa said its token service has been a boon for the Asia-Pacific region’s digital economy. The region saw an “uplift” of more than $2 billion last year due to Visa token service (VTS)...
March 11, 2024
Web3 payments platform Zeebu said it exceeded $1 billion in first quarter transaction volume. “In just seven months following the debut of its on-chain settlement platform, Zeebu swiftly advanced from settling nearly...
