Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating everything that banks do — from settlements to extending credit to investing, and even to sending and storing money. The...
A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that Ripple was pitching a speculative value proposition for XRP with potential profits to be derived from Ripple’s entrepreneurial and managerial...
In discussions of blockchain technology and its effect on payments, the idea that cryptocurrencies like Bitcoin will replace fiat money abounds. While arguments for and against the feasibility of such a hypothetical future tend to split opinions, several tokens are already powering cross-border transactions for...
Visa said Wednesday (Aug. 24) that it had issued more than 4 billion network tokens through its security technology Visa Token Service (VTS), more than the total number of its physical cards in circulation. “Without exposing the consumer’s account to fraud, tokenization enables frictionless, card-free...
May 05, 2021
We’re in rarefied territory when the price of anything that is traded – on Wall Street, on exchanges, on eCommerce platforms, heck, even tulips of manias past – spike by double-digit percentages, with regularity. It used to be bitcoin, and now it’s a joke coin. But the warning signs that are flashing are no laughing […]
July 01, 2020
Tokens are incredibly powerful tools to secure data and safely transport it from one point to another. Now is the time to take a broader look at them in the...
June 18, 2020
The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. Visa’s Senior Vice President of Products...
October 18, 2018
Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making...
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) adoption, the company announced in a Tuesday (March 26) press release. “VTS replaces the 16-digit debit or credit card number with a unique identifier called […]
July 13, 2023
A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that Ripple was pitching a speculative...
August 24, 2022
Visa said Wednesday (Aug. 24) that it had issued more than 4 billion network tokens through its security technology Visa Token Service (VTS), more than the total number of its...
August 04, 2022
British FinTech Revolut has released 22 new cryptocurrencies available to its customers in the European Union and the UK. As AltFi reported Thursday (Aug. 4), the release brings the total...
