payments-banking

Earnings data from Visa indicates that this spring's peak in the price of bitcoin and other cryptocurrencies had an impact on the payments giant's cross-border transaction volume.

Comments from PayPal chief executive Dan Schulman during the payments firm's second-quarter earnings call on Wednesday indicate an accelerating focus on cryptocurrency tech.

The U.S. National Credit Union Administration's governing board approved Thursday a request for information (RFI) that seeks to learn more from the credit union industry about their views and positions on digital assets, with a significant focus on decentralized finance or DeFi.

Jack Dorsey, CEO of Square, said Thursday that the payments services business is working to create "an open developer platform" focused on bitcoin-tied financial services.