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Coinbase decided to drop support for native bitcoin payments from its merchant platform, Coinbase Commerce.
The change also affects other unspent transaction output (UTXO) coins, requiring shoppers to have a Coinbase account to use bitcoin for payments, Cointelegraph reported Sunday (Feb. 18).
The decision was communicated by Coinbase Head of Product Lauren Dowling, who cited challenges in...
San Francisco is reportedly once again at the center of a tech revival, with entrepreneurs and investors returning to the city after a period of exodus during the pandemic.
Tech leaders who had previously relocated to cities like Miami are now returning to San Francisco, attracted by the city’s boom in artificial intelligence and abundance of tech talent, The Wall Street Journal reported Monday (...
Apple will be disabling the ability to install home screen web apps from iPhones and iPads in Europe with the release of iOS 17.4.
The decision comes as a result of the new Digital Markets Act in the European Union, which requires Apple to allow developers to use alternative browser engines for dedicated browser apps and apps providing in-app browsing experiences, Ars Technica reported Friday (...
Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 million.
The firm will use the new funding to further enhance its standing in the European market and expand in the United States, Monite said in a Monday (Feb. 19) post on LinkedIn.
“This isn’t just growth; it’s about making B2B payments smooth and meeting the 64% of [small- to medium-sized...
Boom launched an online payment gateway that allows merchants to collect payments from 2 billion unbanked consumers across Africa.
The debut of the platform, Boom Pay, marks a step toward financial inclusion for populations that have been excluded from global markets due to a lack of access to traditional banking systems, the blockchain-based ecosystem said in a Monday (Feb. 19) press release.
“...
The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users.
The action follows concerns related to the protection of minors, advertising transparency, data access for researchers, and the management of addictive design and harmful content on the platform, the commission said in a Monday (...
Stark Bank, a growing FinTech startup based in Sao Paulo, Brazil, reportedly caught the attention of investors including Jeff Bezos’ family office, Bezos Expeditions, which participated in the firm’s 2022 Series B round.
The company is one of the few Latin American startups backed by Bezos, Bloomberg reported Monday (Feb. 19).
In 2023, Stark Bank processed 155 billion reais (about $31 billion) in...
Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States.
Bloomberg reported Monday (Feb. 19) that Capital One was considering the acquisition, and The Wall Street Journal reported later Monday that the bank is buying Discover.
Later Monday, Capital One confirmed the acquisition in a press release. The company said...
The future of digital payments is, in many ways, already here.
What is left is the need for businesses to adapt to this rapidly shifting consumer landscape by leveraging the increasing popularity of digital payments, particularly among younger consumers.
“There’s a huge opportunity for small businesses and mid-size businesses, and even large businesses, to continue to embrace moving away from...
The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago.
But that doesn’t mean the engine runs uninterrupted. Last-mile delivery has long been a persistent problem in the logistics industry. The fragmented nature of the space, coupled with the diverse needs of customers in different markets, has made it challenging for enterprises to find reliable...