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Visa Works on Blockchain System for Joint Computation of Large-Scale Private Data

News International payment network Visa is working on a blockchain-based system for joint policy-compliant computation of large-scale private data. Visa Research — the research and development arm of Visa that focuses on data analytics, security and payment innovation — released a paper describing..

Coinbase Card Adds XRP and Launches in 10 More European Countries

News Coinbase’s Visa debit card has expanded support for five more cryptocurrencies in ten new jurisdictions, the firm announced in two separate tweets on Nov. 14. Launched in April 2019, Coinbase Card now supports a total of nine cryptocurrencies in 29 countries in Europe. The Coinbase Card’s new..

Global Blockchain B2B Volume Expected to Hit $4.4 Trillion by 2024

News The value of Business-to-Business (B2B) cross-border payments carried out on a blockchain will exceed $4.4 trillion by 2024, after reaching $171 billion this year. According to a press release published by Juniper Research on Nov. 5, the firm’s new report revealed that financial institutions ..

Italians Prefer BTC to Visa or Mastercard When Shopping Online

News According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy. Bitcoin comes in third placeOn Oct. 31, the Italian news outlet La Stampa reported that the Boston-based marketing analysis company, it was stated that in the ..

Visa CEO: Visa Still Interested in Developing Libra With Facebook

News Alfred F. Kelly, CEO of major payment processor Visa, has said that the company is still in discussions with Facebook on the Libra project. In an interview with finance and economics-focused publication Economic Value on Oct. 24, Kelly assured the interviewer that Visa still maintains a close..

Calibra Head: Libra ‘Absolutely Not’ in Jeopardy Without PayPal, Visa

News Head of Facebook's Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project. Dropouts will still be able to work with LibraIn an interview with Yahoo Finance on Oct. 15, Calibra’s David Marcus argued that Facebook’s cryptocurre..

Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’

News Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Ar..

Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project

News Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project. Four companies abandon shipOn Oct. 11, Bloomberg reported that Ebay, Stripe and Mastercard had decided to drop out of Facebook’s Libra cryptoc..

Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators

News Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency. As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “overso..

Revolut Partners with Visa to Expand Into North, South America and Asia

News United Kingdom-based digital banking app Revolut announced a major partnership with Visa to expand its services globally across 24 new markets, including North America. According to a Sept. 30 press release, this will bring 56 markets worldwide in total into Revolut’s reach. North, Latin Amer..

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