Payments News

Multiple deposit delays across US banks linked to ACH system error

The problem has been traced to an error in the Automated Clearing House's private sector partner Electronic Payment Network, with work ongoing to correct the issue.

Elon Musk says X payments will eliminate need for bank account by end of 2024

Musk said the app will handle money and securities but made no mention of crypto.

Circle partners with major Taiwan convenience store chain to convert loyalty points to crypto

Innovative 'Points-to-Crypto' service launched by Circle, BitoGroup, and Taiwan FamilyMart

Binance to discontinue European Visa cards after three years

Support for the payment cards will be terminated on Dec. 20, 2023.

Ferrari announces its embracing crypto payments amid market demands

Ferrari takes a detour into crypto payment exploration, chases after carbon neutrality.

Chase to block UK customers crypto-related transactions from October 16

The bank explained that its decision was to safeguard its users funds from frauds and scams.

X CEO confirms forthcoming in-app payment features

Linda Yaccarino tweeted a video of forthcoming X features that included a mock demonstration of in-app payments between users, apparently confirming speculations that such features were likely in development.

F2Pool returns 19 BTC to Paxos after overpayment of over $500k

Circle integrates Web3 platform into Singapore ‘Super App’ Grab

Grab's Super App propels Singapore into blockchain era with Circle's Web3 integration.

JP Morgan considering a new blockchain-based settlement token

The asset could be more versatile than the bank's existing JPM Coin, but the idea is said to be in very early stages.

Japan’s SBI Group partners with Ripple, but XRP price remains unaffected

XRP price has erased all the gains it made from the Ripple's partial victory against the U.S. Securities and Exchange Commission.

Visa expands USDC settlements to Solana blockchain in partnership with WorldPay, Nuvei

Several traditional financial institutions are increasingly leaning into crypto.