Monday Markets Wrap-up: The Power of the Few
It’s one of those weeks where people have realized just how much power they can have if they just work together.
Saturday Sats: Elon Musk and Doge
Elon Musk pumps up the Bitcoin price while Dogecoin flies to the moon. I think it’s still there.
Visa Files for Digital Currency Patent
The patent filed in November 2019 said this invention will bridge the advantages of cryptocurrency to fiat currency provided by central banks.
Visa, Not Ripple, is Powering New MoneyGram Real-Time Remittance Tech
FastSend allows MoneyGram customers to send money to a phone number in real-time via a website or a mobile app. The service is using Visa’s “Direct Original Credit Transaction” so that the funds are delivered to a bank account through a debit card deposit.
Visa, Mastercard Move to Solve Payment Issues using Blockchain
Two of the world’s biggest payment technology companies are now expanding the use of blockchain technology within its current systems.
Visa Partners with UnionBank to Build a Blockchain-Based Payment System
Visa and UnionBank announced a partnership to create a cross-border payments system built on the blockchain, the technology behind bitcoin.
Visa Begins Pilot of Blockchain-based B2B Connect
A number of banks are already onboard the B2B Connect System. Among them is Singapore’s United Overseas Bank, and the Philippines’ Union Bank.