Payments News
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Systems

Cash May Not Be King, but It’s Still Royalty

“Yet digital’s gain isn’t necessarily coming at the expense of cash. The overall pie still appears to be growing. Only two countries, Russia and Sweden, had a net substitution of cards for cash from 2007 to 2016, with cash in circulation shrinking as card payments grew, according to the Bank for International Settlements. In other […]

On The Web

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Deals

Ripple Strikes Three New Deals in South Korea to Improve Remittances

“Ripple has added three new customers in South Korea who will utilize its blockchain-based payments network RippleNet. The deals have been signed with money transfer firms Sentbe, Hanpass and WireBarley, Ripple announced Tuesday. These firms aim to facilitate faster and cheaper cross-border payments via RippleNet. Sentbe focuses on the South-and Northeast Asia corridor, including the […]
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On The Wires

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Systems

Uphold Launches World-First Multi-Asset Account and Debit Card

“Uphold, a leading digital money platform that has powered more than $5 billion in transactions across 180 countries, today announces the world’s first multi-asset account with an affiliated debit card that allows users to seamlessly convert multiple funding sources, including Bitcoin, XRP, BAT, and Gold into fiat currency, to spend everywhere Mastercard is accepted, as […]