The acquisition of Plaid will bring benefits to both companies. It may add 100 basis points to Visa’s net revenue growth by 2021.
As Lightnet has secured a Series A funding, its CEO suggests the funds will be used for more fintech acquisitions. The platform is also planning to expand.
MakerDAO is taking part in CES 2020 in Las Vegas to push decentralized finance (DeFi) to as many people as possible.
If you read Zuckerberg’s post where he shared his ideas about a new decade, it may seem to you that he has already forgotten the Libra project announced last summer.
SCB, which is the oldest bank in Thailand, announced that it wants to go digital. In order to do that, it has partnered with Ripple to provide instant, low-cost cross-border payments.
The collaboration between Tencent and UnionPay would allow merchants to accept payments from one customer using WeChat Pay and another using UnionPay’s QuickPass by presenting both with the same scannable code.
In theory, Libra was presupposed to be managed by a Geneva-based independent association linking several companies and non-profit groups.
The American economist said that Ripple’s XRP-based solutions address the concerns of modern banking and thrive on the failure of banking systems like SWIFT to adapt to today’s world.
With the significant growth of the FinTech space in 2019, the next year is expected to strengthen the bond between technology and financial services. Experts predict major changes in the banking space.
Tencent is going to create a digital currency research group to support the development of a digital payment sector by using blockchain technology.
Following the app release, an in-principle DLT approval by the Gibraltar Financial Services Commission and an acceptance onto the STP network, Tap’s token (XTP) is to become available on the Bittrex platform.
XRP contains losses above the support level of $0.1760, although the upward movement is still limited.
Supply chain fintech startup Tradeshift is cutting cross-border supplier-buyer transaction fees by tapping the public Ethereum blockchain. The startup is an innovation division of Goldman Sachs and has two million firms on its platform.
MacDonald’s will use the Adyen platform to receive and process payments made in its mobile app. The UK will be the first country with this initiative implemented.
By bringing Lightning Network’s speed and costs to payment channels on blockchain protocols, Metaverse will help merchants to accept transactions in digital currencies.