Payment systems

UnionPay Acceptance Enabled for 3,000+ Overseas Online Merchants in 2021 with Russia's Largest E-commerce Platform Now on Board

Friday, May 14, 2021 - 5:46am

b'MOSCOW, May 14, 2021 /PRNewswire/ -- UnionPay International (UPI) announced today that Ozon, Russia\'s largest e-commerce platform, has enabled UnionPay online payment, offering convenient services to 3.3 million cardholders in the country.

Key Points: 
  • b'MOSCOW, May 14, 2021 /PRNewswire/ -- UnionPay International (UPI) announced today that Ozon, Russia\'s largest e-commerce platform, has enabled UnionPay online payment, offering convenient services to 3.3 million cardholders in the country.
  • As a result, the online transaction volume generated by UnionPay cards issued outside Mainland China has been constantly rising.
  • Recently, BPAY, the largest bill payment platform in Australia, and HBLPay, one of the largest e-wallets in Pakistan, have started to accept UnionPay\'s online payments.
  • So far, UnionPay cardholders can pay in installments at around 30,000 merchants such as cross-border e-retailers, academic institutions and airlines.

Coinbase Releases First Quarter 2021 Shareholder Letter

Thursday, May 13, 2021 - 9:00pm

b'Coinbase Global, Inc. announced today the release of its first quarter 2021 shareholder letter.

Key Points: 
  • b'Coinbase Global, Inc. announced today the release of its first quarter 2021 shareholder letter.
  • The letter, including the company\xe2\x80\x99s financial results, can be found on the Investor Relations website at https://investor.coinbase.com .\nThe Company will host a question and answer session on Thursday, May 13, 2021, at 2:00 p.m. PT.\nCoinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong\xe2\x80\x99s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.\nCoinbase is building the cryptoeconomy \xe2\x80\x93 a more fair, accessible, efficient, and transparent financial system enabled by crypto.
  • The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin.
  • Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005872/en/\n'

Both Bitcoin and Online Shopping Are Poor for the Environment

Thursday, May 13, 2021 - 10:44pm

b'INDIANAPOLIS, May 13, 2021 /PRNewswire/ -- Bitcoin mining and online shopping are both having a negative impact on the environment.\n"Recent news coverage highlighted the adverse impact of Bitcoin mining on the environment," said John Rulli, Chief Adminstrative Officer, Simon.

Key Points: 
  • b'INDIANAPOLIS, May 13, 2021 /PRNewswire/ -- Bitcoin mining and online shopping are both having a negative impact on the environment.\n"Recent news coverage highlighted the adverse impact of Bitcoin mining on the environment," said John Rulli, Chief Adminstrative Officer, Simon.
  • "We want to take this opportunity to reinforce that online shopping is also negatively impacting the environment.
  • Stores are the most sustainably friendly option in retail, and shoppers can help the environment by doing what they like bestshopping with friends and family at the favorite shopping center.
  • Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/both-bitcoin-and-online-shopping...\n'

Uphold Challenge Tesla To Adopt Carbon-Neutral BTC, BitcoinZero

Thursday, May 13, 2021 - 9:40pm

If you come to Uphold and buy some BTC0 and allow Tesla to take payment in the form of this carbon-neutral, rainforest preserving bitcoin, Uphold will buy 5 new Teslas and give them away to those Uphold users who do the most to get this message out there.

Key Points: 
  • If you come to Uphold and buy some BTC0 and allow Tesla to take payment in the form of this carbon-neutral, rainforest preserving bitcoin, Uphold will buy 5 new Teslas and give them away to those Uphold users who do the most to get this message out there.
  • Uphold supports financial inclusion by enabling customers virtually anywhere to open an account in less than a minute and trade with no minimum investment amounts.
  • To learn more, please visit https://uphold.com/en-us/\nUniversal Protocol Alliance\'s vision is that every asset class will be digitized and tokenized.
  • We are an alliance of like-minded cryptocurrency companies and blockchain pioneers including Bittrex Global, CertiK, Fifth Era, Hard Yaka, Trovio, Ledger, and Uphold.

SOS INVESTORS ACT NOW: Contact HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, to Recover Losses Due to Alleged Securities Fraud

Thursday, May 13, 2021 - 6:58pm

b'SAN FRANCISCO, May 13, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses now.\nSOS Limited (SOS) Securities Fraud Class Action:\nThe complaint centers on SOS\xe2\x80\x99s purported entry into the bitcoin mining business.

Key Points: 
  • b'SAN FRANCISCO, May 13, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges SOS Limited (NYSE: SOS) investors to submit their losses now.\nSOS Limited (SOS) Securities Fraud Class Action:\nThe complaint centers on SOS\xe2\x80\x99s purported entry into the bitcoin mining business.
  • The analysts pointed out that the company\xe2\x80\x99s SEC filings, for instance,\xc2\xa0listed a hotel room as the firm\xe2\x80\x99s headquarters.
  • The analysts also questioned whether SOS had actually purchased the claimed mining rigs, as HY appears to be a fake shell company.
  • Most damaging, the analysts alleged that photos SOS had published of their \xe2\x80\x9cmining rigs\xe2\x80\x9d were phony.

One small step for zkTube, one giant leap for Layer 2

Thursday, May 13, 2021 - 5:00pm

It includes functions such as Deposit, Transfer, and Withdraw.

Key Points: 
  • It includes functions such as Deposit, Transfer, and Withdraw.
  • It means zkTube Labs technical team needs to acquire the most advanced and highly skilled technologies to support the system.
  • Other than launching the mainnet very shortly, the zkTube Labs team will also launch PayTube Wallet, the first decentralized super wallet developed under the zkTube protocol.
  • The wallet allows users to conduct transactions and transfers of ERC20 tokens, providing efficient, smooth, low-cost user service and quality experience.

Canadian Payments Forecast Report 2021: Penetration and Acceptance of Emerging Payment Technologies and How They Will Shape Post-Pandemic Era Payments - ResearchAndMarkets.com

Thursday, May 13, 2021 - 3:33pm

b'The "Canadian Payments Forecast, 2021" report has been added to ResearchAndMarkets.com\'s offering.\nThe COVID-19 pandemic has seen drastic changes to the performance of the Canadian economy, and dramatic shifts in consumer spending and payment habits.

Key Points: 
  • b'The "Canadian Payments Forecast, 2021" report has been added to ResearchAndMarkets.com\'s offering.\nThe COVID-19 pandemic has seen drastic changes to the performance of the Canadian economy, and dramatic shifts in consumer spending and payment habits.
  • The rapid shift away from cash to contactless payments, and the substantial increase in online shopping, are set to become permanent features of the Canadian consumer payments scene, especially given the extension of the pandemic into 2021.
  • Detailed five-year forecasts are presented on consumer payments and related acceptance infrastructure.
  • Payment types included in the report:\nPayment types included in the report:\n'

Huobi Ventures Launches with $100M for Early Stage DeFi Investments, Mergers and Acquisitions

Thursday, May 13, 2021 - 2:50pm

To date, Huobi has invested $69.42 million dollars across hundreds of projects in blockchain, media, public blockchains, stablecoins, and more.

Key Points: 
  • To date, Huobi has invested $69.42 million dollars across hundreds of projects in blockchain, media, public blockchains, stablecoins, and more.
  • Under the M&A unit, Huobi Ventures\naims to identify strategic opportunities across different blockchain verticals to complement and expand Huobi\'s product offerings.
  • Acquisitions will be integrated into Huobi\'s growing suite of blockchain-enabled\napplications and services to expand the business into new markets.
  • "\nIn addition to its M&A and venture capital business units, Huobi Ventures is also establishing a dedicated $10 million USD NFT fund.

Ibanera Hires BitAML for Cryptocurrency Compliance Advisory Services

Thursday, May 13, 2021 - 2:00pm

BitAML will be providing digital asset compliance consulting for Ibanera cryptocurrency-related activities.\nBitAML offers compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds and other innovative solutions providers.\nCryptocurrencies like Bitcoin have ushered in a new age of blockchain technology and other decentralized encrypted currencies.

Key Points: 
  • BitAML will be providing digital asset compliance consulting for Ibanera cryptocurrency-related activities.\nBitAML offers compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds and other innovative solutions providers.\nCryptocurrencies like Bitcoin have ushered in a new age of blockchain technology and other decentralized encrypted currencies.
  • As global adoption of cryptocurrency continues to grow, crypto businesses and financial institutions are responsible for mitigating financial crime risk and achieving regulatory compliance.
  • "\n"BitAML\'s compliance advisory services will help Ibanera\'s Virtual Currency Banking clients stay on top of the latest compliance requirements in a way that doesn\'t put a strain on day-to-day business," said Bjorn Snorrason, General Manager of Ibanera.
  • BitAML offers compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds and other innovative solutions providers.

MOVO® Forges New Fintech Category and Launches ON-DEMAND Mobile Banking with End-to-End CONTACTLESS Payments

Thursday, May 13, 2021 - 2:00pm

b'MovoCash, Inc., a California-based Fintech company, announced today the launch of a first-of-its-kind ON-DEMAND Mobile Banking (\xe2\x80\x9cODMB\xe2\x80\x9d) app with End-to-End CONTACTLESS Payments in partnership with Mastercard\xc2\xae and Coastal Community Bank.

Key Points: 
  • b'MovoCash, Inc., a California-based Fintech company, announced today the launch of a first-of-its-kind ON-DEMAND Mobile Banking (\xe2\x80\x9cODMB\xe2\x80\x9d) app with End-to-End CONTACTLESS Payments in partnership with Mastercard\xc2\xae and Coastal Community Bank.
  • MOVO is changing the payments game, we are excited to join them on this journey.\xe2\x80\x9d\nBanking services provided by Coastal Community Bank, Member FDIC.
  • Fees apply.\nMovoCash, Inc. is a financial technology company and creator of MOVO ON-DEMAND Mobile Banking app with End-to-End CONTACTLESS Payments.
  • MOVO offers world-class payment solutions, customer support, security, convenience, low fees, fast transactions, visibility into spending, in one app.