Watchdog: Visa–Mastercard ‘duopoly’ spends millions blocking competition
According to a report, the two companies spent a combined $80 million lobbying against credit card competition acts. Go to Source
VISA
Auto Added by WPeMatico
Visa Introduces Tokenized Asset Platform for Blockchain-Based Financial Services
Visa has launched the Visa Tokenized Asset Platform (VTAP), a new product designed to help banks issue fiat-backed tokens on the Ethereum blockchain. This platform aims to digitize and automate the trading of real-world assets, such as commodities and bonds, using smart contracts. VTAP provides financial institutions with the tools and infrastructure needed to tokenize … Read more
DOJ sues Visa over alleged payments monopoly
The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. Go to Source
41 firms join BIS Project Agora to advance unified ledger applications
The large private companies will work with seven central banks on improving structural inefficiencies in international transfers. Go to Source
Revolut and Ledger wallet enable new crypto rails in EEA
Ledger, a major hardware wallet company, has partnered with Revolut to enable crypto trading on its self-custodial wallets in certain EEA countries. Go to Source
Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold to Go Public Through Merger with … Read more
Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally
Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way we use digital assets,” said Wirex Pay, emphasizing that Wirex and Visa are teaming up to “drive innovation in web3 payments.” Wirex and … Read more
Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa payment card integrated with a hardware wallet, allowing Tangem users to make payments using their crypto or stablecoin balances at any Visa-accepting merchant across Europe. Unlike traditional custodial solutions, Tangem’s card embeds a private key … Read more
Pyypl and Visa Partner to Boost Financial Inclusion in MEA With Prepaid Cards
Pyypl, a fintech company operating in the Middle East and Africa (MEA), has partnered with Visa to introduce virtual and physical prepaid Visa cards via its mobile app. This strategic collaboration aims to enhance financial inclusion across the region, providing underserved populations with greater access to financial services. The integration of Visa virtual cards will … Read more
Shiba Inu Whales Withdraw Holdings From Exchanges, Sparking Investor Speculation
Recent activities by Shiba Inu (SHIB) whales have stirred significant interest and speculation among investors. These large holders have been transferring substantial amounts of SHIB from exchanges, raising questions about their intentions and the potential impact on the market. In a notable move, Shiba Inu whales transferred a total of 2.55 trillion SHIB from exchanges. … Read more
