Klarna will leverage the best technology and data to help people discover new products.
The collaboration between both entities to enhance USDC payment might attract some forms of skepticism owing to the Fear, Uncertainty, and Doubt (FUD) surrounding Circle, USDC, and the exposure to the three US banks that collapsed in the past week.
With the emergence of the FedNow payment system, the need for a digital dollar is now being pushed back to the sidelines by the Fed leaders.
The firm said it is advancing to the second phase because of the satisfactory results it got from the first phase of trials.
According to the report, the numbers prove that Decentralized Finance is the new high-development and growth area for the crypto space. The report also suggested that a dip in Centralized funding projects was seen because of a possible saturation in the sector.
The crypto debit card introduced by Bitso will have worldwide utility.
Customers who receive the loyalty tokens will be able to decide how they want them to be used, with several options available.
The reported first-ever annual profit by Revolut follows the fintech giant’s January decision to suspend launching RevCoin.
The newly announced hub, dubbed the Centre for Finance, Innovation, and Technology, is designed to unify talents across all fields in support of the fintech space.
Leading VC giants Sequoia & a16z undertook several investments in the fintech space in 2022, more than any other sector.
There is no need for Mastercard users to rely on a third party to make a direct crypto payment, they can just use their existing Web3 wallets and private keys to approve payments. Meanwhile, Immersve will find a third-party settlement provider and allow its users to use USDC for paying for all purchases.
Businesses and developers can now send US Dollars over the Lightning Network.
According to Visa Pacific’s Head of Digital Partnerships Matt Wood, the financial services provider wants to offer more payment options to its consumers.
The firm’s chief financial officer Michael Linford explained that the decision was taken to reach the profitability figures in the future.
The Product Lead at Mastercard said that he was a victim of harassment & emotional distress caused by a series of mismanaged processes, miscommunication, and internal inefficiency.