US Senators Threaten CEOs: Dump Libra or Face Regulatory Wrath
Facebook’s crypto woes are deepening as more partners are jumping the Libra ship before it even sets sail. It appears that US senators are urging them to do so as letters to CEOs...
US Senators Directly Caution Visa, Mastercard On Libra After PayPal...
Facebook Libra backers Visa, Mastercard and Stripe have received a direct warning from US politicians about their involvement with the project. Senators: ‘You Should Be...
Visa And Mastercard Start To Get Cold Feet Over Facebook’s...
Visa, Mastercard, and other early Libra Association members are having second thoughts about their involvement with Facebook’s ‘cryptocurrency’. The change of heart...
Revolut Seeks 3,500 Staff in Push for VISA Partnership Expansion
The Revolut fintech app is on an expansion drive, adding 3,500 people to its staff in a bid to outcompete VISA. The challenger bank is also a crypto-friendly app allowing exchanges to...
Visa, Paypal Say They’ll Pay $10 Million to Run ‘Facebook...
Big companies like Visa and PayPal are reportedly willing to pay millions for the privilege of running a node on the Facebook cryptocurrency network. Facebook’s foray into crypto has...
Bad News For Ripple As Visa Enters Cross-Border Payments Market
Visa has launched a blockchain-based platform for cross-border payments between financial institutions. This sees it enter the increasingly crowded marketplace that Ripple has been...
‘Facebook Coin’ Will Be More Like Bitcoin Than Starbucks...
Speculations about the purpose of Facebook’s planned digital coin are getting wilder. Ignoring key features like independence and decentralization, one analyst predicts that...
Bitcoin Set to Be ‘World’s Main Payment System’ in...
Bitcoin will “surpass all competition” from other payment systems such as Visa and MasterCard within ten years if current growth continues, new research has concluded. Bitcoin Will...
Visa Hiring Blockchain Expert for ‘Visa Crypto’
Visa is hiring a Technical Product Manager for its Fintech division, according to a recent job listing on SmartRecruiters. Visa Crypto American multinational financial services giant...
Venezuela: Bitcoin to the Rescue as US-Led Visa, Mastercard Boycott...
With the United States government threatening to prohibit payment companies from processing transactions in Venezuela, citizens may be forced more than ever before to adopt Bitcoin. No...
Analyst: ‘Bitcoin Poses Existential Threat To Visa, Mastercard...
Investors should not ignore cryptocurrencies’ threat to incumbent payment services like Visa, Mastercard, and PayPal, according to Lisa Ellis. In a note to clients, the...
Major US Retailer Ditches Visa – Now Considering...
US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with...