Payments Network


Finance

SWIFT to Develop Blockchain-Based Ledger for 24/7 Cross-Border Payments

SWIFT is working with a group of over 30 financial institutions to build a ledger based on a prototype by Ethereum developers Consensys.

Swift logo (SWIFT)

Finance

Fireblocks Dives Further Into Stablecoins With Intro of In-House Payments Network

The stablecoin network is designed to provide higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.

Left to right: Fireblocks co-founders Pavel Berengoltz, Michael Shaulov and Idan Ofrat. (Fireblocks)

Finance

Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License

The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).

Ripple on the water (Linus Nylund/Unsplash)

Finance

Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.

Shopify app screen for merchants displayed on a mobile phone. (Roberto Cortese/Unsplash)

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Finance

Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars

The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Finance

BCB Group's Chief Compliance Officer to Exit in Latest Senior Management Departure

Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.

Kraken has hired Natasha Powell as U.K. head of compliance: sources. (BCB Group)

Finance

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

The company received a takeover approach from an investor while exploring a Series B funding round.

(engin akyurt/Unsplash)

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Finance

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.

Bridge (Charlie Green/Unsplash)

Finance

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet.

MetaMask debit card (MetaMask)

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