Ripple Partner MoneyGram Expands its Cross Border Service with Visa to Spain and the Philippines

December 11, 2019
MoneyGram is extending its debit card deposit service internationally in collaboration with Visa via Visa Direct The service allows MoneyGram customers to send money in real-time This adds 50% new users to MoneyGram and retention rates that are “outperforming expectations” The global provider of money transfer services MoneyGram is now extending its debit card deposit

Visa Research Develops LucidiTEE, A Blockchain Based Network For Sharing Sensitive Data

November 27, 2019
This new network could help financial institutions share users’ personal data between banks on a large scale without the need to use third-party aggregators. Visa, the widely used international payment network, is working to develop a blockchain system for joint computation of data on a large scale. The research and development subsidiary of Visa, Visa

Zuckerberg: Facebook Would Leave Libra if It Launched Too Early

November 5, 2019
Facebook could withdraw from the Libra Association — the governing body of the eponymous stablecoin project — should it launch without approval from regulators in the United States. Libra could lose its primary member In a Congressional hearing on Oct. 23, Facebook CEO and founder Mark Zuckerberg reiterated the company’s commitment to not launch its

Digix and MakerDAO Tokens Now Loadable Onto Monolith Visa Debit Card

August 22, 2019
London-based banking alternative Monolith announced its partnership with decentralized finance companies Digix and MakerDAO, Aug. 15. As part of its drive for digital payment adoption in e-commerce, DGX, DGD and DAI tokens will now be loadable onto the Monolith Visa debit card. A critical bridge between the worlds of decentralized finance and retail Effective immediately,

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

July 1, 2019
Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be global, but it will be up to custodial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned countries or countries

Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

June 21, 2019
Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14. Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to its 2.4 billion users. Bowles will join the