Before stablecoins, cryptocurrencies or even the blockchain technology on which these are based, eMoney emerged as a concept that promised to revolutionize commerce. Instead of cash, checks or cards, eMoney advocates envisioned a world in which transactions were made easily and with little friction over...
Tradeshift made further inroads into blockchain technology via a new collaboration with Monerium, which saw a B2B invoice settled using the Tradeshift platform and eMoney on the Etherium blockchain, according to a press release. The companies claimed on Tuesday (Oct. 1) that the transaction was...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes SnapPay teaming up with Alipay to bring the digital payment method to a supermarket company in Canada. The U.K.’s Soldo FinTech firm said it earned an eMoney license from the...
Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra, citing Google, reported that with the license Google can issue and redeem electronic money and provide payment services. “The end of this...
February 21, 2023
A British regulator has told eMoney firms that they need to change some practices. Financial Conduct Authority (FCA) Director of Payment and Digital Assets Matthew Long sent a letter to eMoney company CEOs and directors on Tuesday (Feb. 21) ahead of new Consumer Duty rules that are to take effect on July 31. “For many […]
December 26, 2018
Google Payment Lithuania, a unit of Alphabet’s Google, was granted an electronic money institution license by The Board of the Bank of Lithuania. Finextra, citing Google, reported that with the license...
March 15, 2018
Coinbase has announced that it is the first crypto exchange to obtain a U.K. bank account. According to CNBC, the account is with Barclays. Coinbase, which has nearly 12 million...
September 01, 2017
Shakepay and Xapo, the two companies pushing cryptocurrency debit cards, are running into problems with Visa, which has reportedly told them to stop offering services to customers who don’t live...
