With bitcoin rising, the luxury world is reportedly showing more interest in allowing cryptocurrency payments. As Reuters reported Wednesday (Dec. 18), until recently just a handful of brands — including Gucci and LVMH watch labels Hublot and Tag Heuer — had permitted crypto payments. But...
Regulatory clarity sits at the center of the convergence of crypto and traditional finance. And, from the point of view of payments professionals, CFOs and treasury teams, stablecoins sit at the center of crypto’s potential within enterprise and corporate finance applications. These digital assets —...
Payment protocol Aeon has introduced an authorization payment feature built on the TON blockchain. “By contributing to the TON ecosystem’s infrastructure, Aeon enhances the usability of blockchain technology in everyday scenarios,” the Singapore-based company said in a news release Friday (Nov. 29). “The first real-world...
Crypto’s reputation is undergoing a makeover as the sector matures. Driven by regulatory clarity, technological innovation, and a shift toward solving real-world problems — particularly in payments and financial services — the industry’s evolution is coming to reflect a growing synergy between traditional finance and...
The loyalty industry is changing due to the integration of blockchain technology. According to a PYMNTS Intelligence report, “From Transaction to Transformation: Blockchain’s Loyalty Proposition,” in collaboration with Solana, the loyalty market is projected to exceed $24 billion in revenue within the next five years,...
Cryptocurrencies, and more specifically their underlying blockchain technologies, have gone from a solution in search of a problem to a solution in hopes of some regulatory clarity. Along the way, the sector’s market capitalization has surged north of $3 trillion. As the global economy warms...
Complexity is frequently the default setting for business-to-business (B2B) payments, particularly cross-border ones. But the industry is moving toward greater simplicity and automation with the help of innovations such as embedded finance, API-driven seamless integrations, and artificial intelligence (AI) powered workflows that collectively promise to...
At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional databases, where data is stored in a centralized system, blockchain distributes data across a network, ensuring no single point of...
Bitcoin and the global cryptocurrency market reportedly hit record highs Wednesday (Nov. 20). Bitcoin hit a record high of $94,982.37 before dipping to $93,709, a figure that was still up 1.6%, Reuters reported Wednesday. The value of the global cryptocurrency market also hit a record...
