Digital Payments

Global payment technology companies, Mastercard Inc (NYSE:MA) and Visa Inc (NYSE:V), which process credit card payments and other financial transactions reported better-than-expected quarterly earnings on Thursday. Shall investors buy, sell or hold these companies? Here’s what technical...

In the rapidly evolving landscape of digital payments, a confluence of technological innovation, regulatory shifts, and changing consumer behaviors is setting the stage for a transformative decade ahead. As we delve into the trends shaping the future of payments, it's clear that we are on the...

Payments giant Visa Inc (NYSE: V) Thursday announced the launch of its Web3 Loyalty Engagement Solution, a pioneering service designed to transform customer engagement and loyalty in the digital era. This new platform offers an innovative approach for brands to interact with their customers in...

From July 2021, Visa entered a consolidation phase, with its stock price oscillating between $174 and $252, testing investor patience over a two-year period. Despite a minor pullback after reaching $263, Visa's stock found support at the daily 20 simple moving average around $255, suggesting a...

Last week, PayPal Holdings Inc (NASDAQ: PYPL) issued its third quarter results that showed its turnaround efforts are on track. PayPal also announced it finally filled its CFO vacancy with Jamie Miller, a former CFO at EY. With the payment industry getting crowded with Apple Inc...

Helio CEO Stijn Paumen recently spoke with Benzinga where he shed light on the transformative role of blockchain technology. "You might have applications that actually have hidden wallets and self-custody wallets," Paumen explained, indicating a future where blockchain is so embedded in...

South Korean cryptocurrency exchange Upbit on Monday announced that it has gained preliminary consent from the Monetary Authority of Singapore (MAS) to provide digital payment token services within the city-state. As the digital currency landscape continues to evolve globally, such advancements...

The Bank of Canada believes a Central Bank Digital Currency (CBDC) can play a transformative role in enhancing financial inclusion.  One of the standout revelations from the report, titled "Redefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital...

Agustin Carstens, the general manager of the Bank for International Settlements (BIS), has emphasized the importance of establishing legal frameworks to support the implementation and growth of Central Bank Digital Currencies (CBDCs). This topic is expected to be a focal point at Benzinga's...

JPMorgan Chase & Co. (NYSE:JPM) is reportedly exploring the development of a blockchain-based digital deposit token to enhance the efficiency of international transaction settlements. As Bloomberg reported, the largest bank in the U.S. has already laid the groundwork for this...

In a significant move towards modernizing cross-border financial transactions, payments giant Visa Inc (NYSE: V) announced on Tuesday its plans to extend its stablecoin settlement capabilities to the Solana (CRYPTO: SOL) blockchain. This development came in collaboration with...

The Bank for International Settlements (BIS) unveiled a new initiative called the Payments Interoperability and Extension (PIE) task force, which will feature the participation of the blockchain-powered payment platform Ripple (CRYPTO: XRP). In a recap of the PIE task force gathering held on...

Singapore-based fintech company, dtcpay, which specializes in bridging traditional and digital currencies through its integrated payment platform, has successfully garnered US$16.5 million (equivalent to $22.2 million) in a pre-Series A funding round. Kwee Liong Tek, who presides as the chairman of...

Singapore-based cryptocurrency exchange Crypto.com announced on Friday its decision to suspend services for institutional clients in the U.S. beginning June 21. The suspension is attributed to subdued demand among institutional clients, which has been further exacerbated by the...

Digital payment platform Strike announced on Monday it integrated Tether's USDT (CRYPTO: USDT) stablecoin into its services. With Tether's inclusion, Strike intends to streamline digital transactions and strengthen its industry standing. The integration follows Strike's recent...